Empfehlungen für das Marktdesign zur Befüllung der Gasspeicher

Vitali Gretschko and Axel Ockenfels

Wirtschaftsdienst, 2023, vol. 103, issue 2, 105-111

Abstract: The gas storage regulations are intended to increase security of supply in winter. Tenders and direct procurement by the Market Area Coordinator should ensure that gas storage facilities are filled. Both instruments can lead to a displacement of other storage volumes. Since direct procurement potentially leads to less displacement and allows for better control of strategic behavior, it may be more effective. Tender design can be improved by setting a reserve price and allowing storage obligation trading in a secondary market. Furthermore, separate tenders for withdrawal options, the elimination of the commodity price surcharge, and further adjustments can be beneficial.

JEL-codes: D47 H12 Q48 (search for similar items in EconPapers)
Date: 2023
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Working Paper: Empfehlungen für das Marktdesign zur Befüllung der Gasspeicher (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:wirtsc:v:103:y:2023:i:2:p:105-111:n:12

DOI: 10.2478/wd-2023-0032

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