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The seasonal demand for natural gas requires supply flexibility. This "swing" is now largely provided in northwestern … less flexible. Hence, flexibility must be provided by additional storage. We estimate that in 2030 between 10 (with no … strategic storage) and 29 (with 10 per cent strategic storage for imports from non-EU countries) billion cubic meter of working …
Persistent link: https://www.econbiz.de/10014057705
Electric and natural gas are the two major sources of energy for residents of Washington State. Several states have adopted a policy whereby utility companies decide on the choice of mixes of resources by incorporating cost effectiveness, conservation and externalities. Externalities could...
Persistent link: https://www.econbiz.de/10005789245
Since the late 90s,, European industries of electricity and gas have been subject to a process of concentration at both horizontal and vertical levels. At first glance, this consolidation is quite natural since, on the one hand, the application of European directives to open to competition has...
Persistent link: https://www.econbiz.de/10011166300
Under what conditions does cost-of-service regulation lead firms to distort costs? This paper analyzes changes in fuel procurement practices by coal- and natural gas-fired electricity generating plants in the United States following state-level legislation that ended cost-of-service regulation...
Persistent link: https://www.econbiz.de/10014153006
In the mid-1990s, when the Federal Energy Regulatory Commission was preparing to release Order 888 requiring open access to the transmission grid, the commission, environmental groups, and the Environmental Protection Agency, among others, raised the question of how open access and greater...
Persistent link: https://www.econbiz.de/10005399473
which also impact prices. Temporal and regional price differences, in turn, determine the value of storage and transport … capacity if either one is scarce. This paper applies an analytical framework for a simple pipeline grid with a storage over two … transportation and storage tariffs are described analytically. The optimal pipeline investment size is shown to be related to …
Persistent link: https://www.econbiz.de/10010270391
which also impact prices. Temporal and regional price differences, in turn, determine the value of storage and transport … capacity if either one is scarce. This paper applies an analytical framework for a simple pipeline grid with a storage over two … transportation and storage tariffs are described analytically. The optimal pipeline investment size is shown to be related to …
Persistent link: https://www.econbiz.de/10008455627
In Brazil, electrical distributors holding a concession contract with the government operate two distinct monopoly markets: a) electricity distribution market under regulated tariffs; b) infrastructure sharing market with telecommunications companies under unregulated prices. However, the...
Persistent link: https://www.econbiz.de/10012826873
Energy products such as power, gas, and oil have long been the world's premier commodities. Consumers demand that power and fuel are available when they want it and they prefer to pay less for it. Few know or care where their fuel or power comes from. So for years energy companies believed that...
Persistent link: https://www.econbiz.de/10012851952
Nonlinear pricing and taxation complicate economic decisions by creating multiple marginal prices for the same good. This paper provides a framework to uncover consumers' perceived price of nonlinear price schedules. I exploit price variation at spatial discontinuities in electricity service...
Persistent link: https://www.econbiz.de/10010951392