Download This PaperSome Economics of Seasonal Gas Storage
32 Pages Posted: 18 Nov 2008
Date Written: July 21, 2008
Abstract
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.
Keywords: Gas storage, Energy policies, US
Suggested Citation: Suggested Citation
Chaton, Corinne and Creti, Anna and Villeneuve, Bertrand, Some Economics of Seasonal Gas Storage (July 21, 2008). Available at SSRN: https://ssrn.com/abstract=1302362 or http://dx.doi.org/10.2139/ssrn.1302362
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