The Economics of Natural Gas Storage: A European Perspective

Author:   Anna Cretì
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Edition:   2009 ed.
ISBN:  

9783540794066


Pages:   116
Publication Date:   12 February 2009
Format:   Hardback
Availability:   In Print   Availability explained
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The Economics of Natural Gas Storage: A European Perspective


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Overview

Within the context of an evolving global market for natural gas and restructuring efforts in the European market, natural gas storage is an important element. Providing additional flexibility, promoting competition, and enhancing supply security are crucial elements for natural gas sector liberalization. Gas storage in Europe has come to the center of attention mainly due to very cold temperatures in winter 2005/06 and the price increases during that time period, especially in the UK. This book aims at uncover four main topics: the development of commercial storage; access regulation, capacity allocation and market power; storage and security of gas supply.

Full Product Details

Author:   Anna Cretì
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint:   Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Edition:   2009 ed.
Dimensions:   Width: 15.50cm , Height: 0.90cm , Length: 23.50cm
Weight:   0.454kg
ISBN:  

9783540794066


ISBN 10:   3540794069
Pages:   116
Publication Date:   12 February 2009
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Gas Storage in Europe: Toward a Market-Oriented Approach.- Expected Vs. Observed Storage Usage: Limits to Intertemporal Arbitrage.- Natural Gas Storage and Market Power.- The Regulation of Access to Gas Storage.- Gas Storage and Security of Supply.- Final Remarks and Policy Recommendations.

Reviews

"From the reviews: ""The book introduces new applications of economic models to describe the enlarged playing fields of gas storage operators in the competitive market. … The book is a collection of four articles by different authors and each targets a specific sub-task in the competitive market … . This book is definitely an important step in analyzing the complex task of storages in the gas market … . suggested to readers that are interested in the more technical background and theory of modelling the natural gas market."" (Bastian Schwark, Competition and Regulation in Network Industries, Vol. 10 (4), 2009)"


From the reviews: The book introduces new applications of economic models to describe the enlarged playing fields of gas storage operators in the competitive market. ! The book is a collection of four articles by different authors and each targets a specific sub-task in the competitive market ! . This book is definitely an important step in analyzing the complex task of storages in the gas market ! . suggested to readers that are interested in the more technical background and theory of modelling the natural gas market. (Bastian Schwark, Competition and Regulation in Network Industries, Vol. 10 (4), 2009)


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