Some economics of seasonal gas storage
Villeneuve, Bertrand; Creti, Anna; Chaton, Corinne (2008), Some economics of seasonal gas storage, Energy Policy, 36, 11, p. 4235-4246. http://dx.doi.org/10.1016/j.enpol.2008.07.034
TypeArticle accepté pour publication ou publié
Journal nameEnergy Policy
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Abstract (EN)We 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.
Subjects / KeywordsUS; Energy policies; Gas storage
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