Some Economics of Seasonal Gas Storage
AbstractWe propose a model of seasonal gas markets which is flexible enough to include supply and demand shocks while also considering exhaustibility. The relative performances of alternative policies based on price caps and associated measures or tariffs are discussed. We illustrate with structural estimates on US data how this theory can be used to give insights into the intertemporal incidence of policy instruments.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 11984.
Date of creation: 21 Jul 2008
Date of revision:
Gas storage; energy policy; US;
Other versions of this item:
- Villeneuve, Bertrand & Creti, Anna & Chaton, Corinne, 2008. "Some economics of seasonal gas storage," Economics Papers from University Paris Dauphine, Paris Dauphine University 123456789/5365, Paris Dauphine University.
- L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities
- L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
- F1 - International Economics - - Trade
- Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
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