Unconventional gas: the economic theory is challenged

Oana Ionescu () and Ivan Pearson
Additional contact information
Oana Ionescu: G2ELab - Laboratoire de Génie Electrique de Grenoble - UJF - Université Joseph Fourier - Grenoble 1 - Grenoble INP - Institut polytechnique de Grenoble - Grenoble Institute of Technology - INPG - Institut National Polytechnique de Grenoble - CNRS - Centre National de la Recherche Scientifique, équipe EDDEN - PACTE - Pacte, Laboratoire de sciences sociales - UPMF - Université Pierre Mendès France - Grenoble 2 - UJF - Université Joseph Fourier - Grenoble 1 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble - CNRS - Centre National de la Recherche Scientifique
Ivan Pearson: IET - JRC Institute for Energy and Transport - JRC - European Commission - Joint Research Centre [Petten]

Post-Print from HAL

Abstract: This article aims at proposing new ways in which economic analysis can be applied to important issues related to security of energy supply. More particularly, we show how the real options theory may be a convenient tool to analyze the uncertainties surrounding the development of unconventional gas. We lay emphasis on the main economic features related to investment in this highly sophisticated technology which may contribute to address the needs of a world increasingly hungry for energy.

Keywords: energy security; real options; shale gas (search for similar items in EconPapers)
Date: 2013-06-24
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00942335v1
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in 62nd annual meeting of the french Economic Association, Jun 2013, Aix-en-Provence, France

Downloads: (external link)
https://shs.hal.science/halshs-00942335v1/document (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00942335

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().