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来源类型books, chapters
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The Impact Of The Construction Of The Nord Stream 2 Gas Pipeline On Gas Prices And CompetitionCompetition and Regulation 2016 - books, chapters
Péter Kotek; Adrienn Selei; Borbála Takácsné Tóth
发表日期2017-02-24
出处Competition and Regulation 2016
出版年2017
概述

The paper analyses the effects of Nord Stream 2 on the wholesale natural gas prices of European countries and the European gas market competition. We also assess the effect of this new infrastructure on the planned PCI projects of Central and Eastern ...

摘要

The paper analyses the effects of Nord Stream 2 on the wholesale natural gas prices of European countries and the European gas market competition. We also assess the effect of this new infrastructure on the planned PCI projects of Central and Eastern Europe. The results show that expanding Nord Stream causes a crowding-out effect on the capacities allowing access to Western European gas markets, due to the change in delivery point of the long term contracts. This inhibits market integration of Western and Eastern Europe, resulting in a higher price difference between this two regions. Total welfare effects of the expansion are negative, majority of welfare losses are borne by Central-Eastern European consumers and TSOs. The study points out that re-routing of the long-term contracts may induce congestion on the West-to-East interconnectors, causing an additional one billion euro investment need to alleviate these bottlenecks.

标签academic publications ; competition and regulation ; EGMM ; energy prices ; natural gas infrastructure ; natural gas markets
URLhttps://rekk.hu/research-paper/63/the-impact-of-the-construction-of-the-nord-stream-2-gas-pipeline-on-gas-prices-and-competition
来源智库Regional Centre for Energy Policy Research (Hungary)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/411741
推荐引用方式
GB/T 7714
Péter Kotek,Adrienn Selei,Borbála Takácsné Tóth. The Impact Of The Construction Of The Nord Stream 2 Gas Pipeline On Gas Prices And CompetitionCompetition and Regulation 2016 - books, chapters. 2017.
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NordStream2_REKK.pdf(477KB)智库出版物 限制开放CC BY-NC-SA浏览
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