scholarly journals THE IMPACT OF NATURAL GAS PRICES ON THE EFFICIENCY AND FEASIBILITY OF MEASURES TO REDUCE ITS CONSUMPTION

Author(s):  
O. Yemelyanov ◽  
A. Brenyo
2011 ◽  
Vol 101 (3) ◽  
pp. 247-252 ◽  
Author(s):  
Frank A Wolak

Hourly generation unit-level output levels, detailed information on the technological characteristics of generation units, and daily delivered natural gas prices to all generation units for the California wholesale electricity market before and after the implementation of locational marginal pricing are used to measure the impact of introducing greater spatial granularity in short-term energy pricing. The average hourly number of generation unit starts increases, but both the total hourly energy consumed and total hourly operating costs for all natural gas-fired generation units fall by more than 2 percent after the implementation of locational marginal pricing.


Wilmott ◽  
2014 ◽  
Vol 2014 (74) ◽  
pp. 74-81 ◽  
Author(s):  
J. Rogel-Salazar ◽  
N. Sapsford

2018 ◽  
Vol 7 (4.34) ◽  
pp. 118
Author(s):  
Nur Surayya Mohd Saudi ◽  
Wong Hock Tsen ◽  
Abdul Latif Harun ◽  
Zailin Zainal Ariffin ◽  
Nur Zahidah Syafii ◽  
...  

This study has investigated the relationship between the changes in oil and natural gas prices on the Malaysian economic sectors. Four economic sectors were selected namely manufacturing, services, agriculture, and mining. However, there was less study conducted at the sector level. Hence, the goal of this paper is to explore the impact of oil and gas prices on economic sectors GDP. This study has conducted econometrics modelling based on the ARDL bound testing with the spanning time series data from year 1987 to 2017. The empirical findings revealed that the relationship between the oil and natural gas prices in the manufacturing and services sector is negative, while the agriculture sector showed a positive relationship, and the mining sector showed no relationship. The empirical findings concluded that the manufacturing and services sectors that consumed more energy are dependent on the price changes. Meanwhile, the agriculture sector is a highly subsidised sector which has a positive relationship with energy prices. In the policy recommendation, Malaysia has to apply the energy pricing policy by offering energy subsidy to the high energy consumed sectors. Finally, Malaysia should develop policies that can diversify its energy resources and increase the shares of renewable energy sources. 


2021 ◽  
Vol 31 (2) ◽  
pp. 255-273
Author(s):  
Erika Liptáková ◽  
Miroslav Rimár ◽  
Ján Kizek ◽  
Zuzana Šefčíková

Abstract In the article, the authors characterize the current European market with natural gas, describing differences in prices for households and prices for companies from the point of view of individual components, where they focus more on taxes, levies and fees. The article further deals with the possible impact of the price of natural gas on the country’s economy, more specifically, the correlation with inflation, unemployment and interest rates. The main aim of the authors is to establish an appropriate econometric model, which describes the impact of the price of natural gas together with the unemployment rate and interest rates on the inflation of the country. The price of natural gas, of this strategic raw material, is one of the factors that can influence the processes for low-carbon technologies or more precisely, the process of EU decarbonisation and with it the associated amount of CO2 emissions.


1983 ◽  
Vol 15 (2) ◽  
pp. 41-48 ◽  
Author(s):  
Mark S. Henry

The economic distortions that have been caused by federal regulation of natural gas markets have been the subject of many recent studies (Committee for Economic Development [CED]; Brickhill; Hall; MacAvoy and Pindyck; and Means). The most recent policy debate concerns the relative merits of alternatives to the price deregulation schedule of the 1978 Natural Gas Policy Act (NGPA). The range of options runs from freezing natural gas prices at current levels to complete decontrol of natural gas prices by January 1, 1986. Producers of natural gas, pipelines, distribution utilities, and end users all suffer from some sort of economic distortion under the NGPA (CED, pp. 50-60).


2021 ◽  
Author(s):  
Brittany L. Tarufelli

The Gulf Coast has gained a foothold as a low-cost region for chemical production. In this study, I leverage the arguably exogenous shock to natural gas prices and proximity to the Port of South Louisiana as instrumental variables to identify the impact of industrial development on air pollution and respiratory morbidity. I find that a $1 decrease in natural gas prices decreased PM10 pollution by 44% of the sample average, but these effects decreased with proximity to the Port. Switching to natural gas as a feedstock improved pollution and health outcomes, but pollution exposure in industrial corridors remains an issue.


Subject Prospects for the Middle East and North Africa to end-2016 Significance The Middle East and North Africa (MENA) region is beset by multiple armed conflicts and security crises, and faces daunting economic challenges as a result of both the widespread political turmoil and the impact of the sharp fall in oil and natural gas prices.


Author(s):  
Stuart M. Cohen ◽  
Michael E. Webber ◽  
Gary T. Rochelle

Carbon dioxide (CO2) capture with amine scrubbing at coal-fired power plants can remove 90% of the CO2 from flue gas, but operational energy requirements reduce net electrical output by 20–30%. Temporarily reducing the load on energy intensive components of the amine scrubbing process could temporarily increase power output and allow additional electricity sales when prices are high. Doing so could entail additional CO2 emissions, or amine solvent storage can be utilized to allow increased power output without additional CO2 emissions. Price-responsive flexible capture is studied for $0–200/tCO2 and $2–11/MMBTU natural gas using a nominal 500 MW coal-fired facility in the 2010 Electric Reliability Council of Texas (ERCOT) grid. CO2 capture systems use a 7 molal monoethanolamine (MEA) solvent. Venting additional CO2 while increasing electrical output provides significant benefit only at $30–60/tCO2 and when natural gas prices exceed $4/MMBTU. Solvent storage can improve profitability with CO2 capture at higher CO2 emissions penalties, but primarily at low-to-moderate natural gas prices when power plant capacity factor is less than 90%.


10.4335/67 ◽  
2009 ◽  
Vol 7 (1) ◽  
pp. 65-81
Author(s):  
Mejra Festić ◽  
France Križanič

Article empirically investigates how intensive is the impact of natural gas prices on production by industries in Slovenian economy. Natural gas price movements can help us in forecasting the movements in electricity, natural gas, steam, hot water supplies, the production of metals, textiles, leather, footwear, leather and fur products, clothes, the production of pulp, paper, cardboard and products from paper and cardboard, the production of products from rubber and plastic materials, processing industry and the production of furniture, the production of intermediary consumption products and recycling. We proved that natural gas prices increase for 1 % point contributes to higher prices of living necessaries for 0,005 % points. KEYWORDS: • natural gas prices • gas quantities • production by industries • Slovenia


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