Natural Gas Storage and Market Power

Edmond Baranes (), François Mirabel () and Jean-Christophe Poudou ()
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Edmond Baranes: CREDEN - Centre de Recherche en Economie et Droit de l'ENergie - UM1 - Université Montpellier 1
François Mirabel: CREDEN - Centre de Recherche en Economie et Droit de l'ENergie - UM1 - Université Montpellier 1
Jean-Christophe Poudou: LAMETA - Laboratoire Montpelliérain d'Économie Théorique et Appliquée - UM1 - Université Montpellier 1 - UPVM - Université Paul-Valéry - Montpellier 3 - INRA - Institut National de la Recherche Agronomique - Montpellier SupAgro - Centre international d'études supérieures en sciences agronomiques - UM - Université de Montpellier - CNRS - Centre National de la Recherche Scientifique - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier

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Abstract: Within the context of an evolving global market for natural gas and restructuring efforts in the European market, gas storage is an important element. Providing additional flexibility, promoting competition, and enhancing supply security are crucial factors for natural gas sector liberalization. Storage in Europe has come to the center of the energy policy debate mainly due to very cold temperatures in winter 2005/06 and gas price increases during that time period. This book covers four main topics: development of commercial storage; access regulation; capacity allocation and market power; storage and security of gas supply. Each Chapter puts forth an innovative analytical model discussed or applied to realistically explain specific issues in one of the four biggest European gas consuming countries (France, Germany, Italy and the UK).

Keywords: Natural Gas; Storage; Regulation Europe (search for similar items in EconPapers)
Date: 2009
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Published in The Economics of Natural Gas Storage, , 2009, 978-3-540-79407-3

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01811032

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