The Economics of Natural Gas Storage

A European Perspective

Anna Cretì

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Hardback

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English

Springer-Verlag Berlin and Heidelberg GmbH & Co. K
12 February 2009

Gas industries; Gas technology

Within the context of an evolving global market for natural gas and restructuring efforts in the European market, natural gas storage is an important element. Providing additional flexibility, promoting competition, and enhancing supply security are crucial elements for natural gas sector liberalization. Gas storage in Europe has come to the center of attention mainly due to very cold temperatures in winter 2005/06 and the price increases during that time period, especially in the UK. This book aims at uncover four main topics: the development of commercial storage; access regulation, capacity allocation and market power; storage and security of gas supply.

Edited by: Anna Cretì
Imprint: Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Country of Publication: Germany
Edition: 2009 ed.
Dimensions: Height: 235mm, Width: 155mm, Spine: 9mm
Weight: 454g
ISBN: 9783540794066
ISBN 10: 3540794069
Pages: 116
Publication Date: 12 February 2009
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Active

Gas Storage in Europe: Toward a Market-Oriented Approach.- Expected Vs. Observed Storage Usage: Limits to Intertemporal Arbitrage.- Natural Gas Storage and Market Power.- The Regulation of Access to Gas Storage.- Gas Storage and Security of Supply.- Final Remarks and Policy Recommendations.

Reviews for The Economics of Natural Gas Storage: A European Perspective

From the reviews: ""The book introduces new applications of economic models to describe the enlarged playing fields of gas storage operators in the competitive market. … The book is a collection of four articles by different authors and each targets a specific sub-task in the competitive market … . This book is definitely an important step in analyzing the complex task of storages in the gas market … . suggested to readers that are interested in the more technical background and theory of modelling the natural gas market."" (Bastian Schwark, Competition and Regulation in Network Industries, Vol. 10 (4), 2009)