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The Russian attack on Ukraine in February 2022 shook continental geopolitics and led to a major shift in EU energy policy. The necessary speed of the combined diversification away from the Russian energy sources, fossil fuel phase-out and mass scale-up of low-carbon energy and technologies are...
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assorted group of mainly smaller price drivers (such as local transport, storage, marketing costs or retail margins). This …As for any other fuels used for transport or heating, the gas price for final users could be split into three major … components: the wholesale price for the resource (including far distance transport by ship or pipeline), taxes and finally a …
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The construction of a second Baltic Sea natural gas pipeline from Russia to Germany (Nord Stream 2) is very controversial for political, energy economic, and ecological reasons. The project owner and some European energy companies argue that it is a profitable, private-sector investment project...
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Russia is the world's largest gas exporter and Germany is its most important market. Moreover, natural gas is a …
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to the German power market and analyze different counterfactual and realistic cases of pumped hydro storage. Our main …'s involvement in conventional generation. Strategic operators generally under-utilize owned storage capacity. Strategic storage … operation may also lead to welfare losses, in particular if the total storage capacity is controlled by an oligopolistic …
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