Strategic Eurasian natural gas market model for energy security and policy analysis: Formulation and application to South Stream

2014 ◽  
Vol 44 ◽  
pp. 198-211 ◽  
Author(s):  
Chi Kong Chyong ◽  
Benjamin F. Hobbs
Keyword(s):  
Natural Gas ◽  
Policy Analysis ◽  
Energy Security ◽  
Market Model ◽  
Natural Gas Market ◽  
South Stream ◽  
Gas Market

scholarly journals Structural Transformations of the European Natural Gas Market in the Context of Energy Security

2020 ◽  
Vol 1 (504) ◽  
pp. 41-50
Author(s):  
V. V. Mukhin ◽  
◽  
U. Y. Pysmenna ◽  
O. O. Lapko ◽  
◽  
...  
Keyword(s):  
Natural Gas ◽  
Energy Security ◽  
Structural Transformations ◽  
Natural Gas Market ◽  
Gas Market

scholarly journals Energy Security of Poland and Coal Supply: Price Analysis

2020 ◽  
Vol 12 (6) ◽  
pp. 2541 ◽  
Author(s):  
Honorata Nyga-Łukaszewska ◽  
Kentaka Aruga ◽  
Katarzyna Stala-Szlugaj
Keyword(s):  
Natural Gas ◽  
Energy Security ◽  
Cointegration Analysis ◽  
Electricity Sector ◽  
Policy Implications ◽  
Electricity Production ◽  
Market Segments ◽  
Natural Gas Market ◽  
Coal Market ◽  
Gas Market

Energy security is one of the most intensely debated topics. Majority of papers treat the issue from the hydrocarbon market perspective, but this research focuses on the coal market broken into two specific market segments: heating and electricity production. Using the case of Poland as an example, we conduct a cointegration analysis between the coal and natural gas markets. The study uses monthly data from 2011 until the beginning of 2019. Our results show that the Polish electricity sector is more connected to the international coal market than it is to the natural gas market, while the heating sector, despite using insignificant quantities of imported coal, is more connected to the natural gas market. Hence, energy security—in its price dimension—in those two market segments differs. This situation has important policy implications. First, energy policy should take this difference into account, and second, such variation implies that different market tools should be used in those market segments.

scholarly journals Modeling the Impact of Diversification of Imports on the Natural Gas Market of Ukraine

2020 ◽  
pp. 15-21
Author(s):  
Vladyslav Ramazanov
Keyword(s):  
Natural Gas ◽  
Energy Security ◽  
Methodological Approach ◽  
Cooperation Agreement ◽  
Natural Gas Market ◽  
World Energy ◽  
Gas Market ◽  
Market Relations ◽  
The Impact ◽  
The Eu

The tools of quantitative assessment of the level of diversification of imported sources and routes of natural gas supply are proposed, the level of diversification of the gas market of Ukraine is assessed, priority ways to increase the level of diversification of the natural gas market of Ukraine in the context of integration into the EU natural gas market are identified. Based on the proposed conceptual and methodological approach to assessing the level of diversification of the natural gas market of Ukraine, a model of diversification of the natural gas market of our country has been developed. Energy security is a timely, complete and uninterrupted supply of fuel and energy of the required quality of material production, non-productive sphere, population, utilities and other consumers; prevention of harmful effects on the environment; transportation, transformation and consumption of fuel and energy resources in the conditions of modern market relations, tendencies and indicators of the world energy market. Ukraine considers own energy security in the context of enhanced cooperation with the EU in the energy sector. Ukraine seeks to implement or expand projects to diversify natural gas supplies, strengthen its status as a reliable transit country, and integrate into the EU's energy space. As part of a targeted policy to diversify natural gas sources, Ukraine cooperates with European operators of related gas transmission systems on the possibility of signing a «cooperation agreement» at all connection points, as well as providing and expanding technical capabilities for gas transportation from Europe. Significant capacity of gas storage facilities in Ukraine in this case can be used for seasonal price arbitrage to reduce the total cost of imported gas.

Sign in / Sign up

Export Citation Format

Share Document