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The Russian–Ukrainian war of 2022 sent shockwaves through the global economy and disrupted energy markets on an unprecedented scale. The conflict not only caused extensive devastation in Ukraine but also triggered a commodity supply shock in various ...
Natural gas prices worldwide increased on the back of the COVID economic recovery in 2021. European prices skyrocketed when the dominant external supplier, Gazprom, started to withhold supplies in Q4 2021. This analysis uses market modelling to assess ...
The Russian gas transit through Ukraine and the possibility of circumnavigating the historically dominant route poses a serious challenge to European gas markets. With the application of market modelling tools, this paper examines Russian export ...
In this paper, we focus on the development of European gas infrastructure in the energy transition with particular focus on the so-called Projects of Common Interest (PCIs). To this end, three models with different spatial-temporal resolutions and ...
The future of gas transit through Ukraine is one of the most pressing energy security issues facing the EU in 2019, with the current gas shipping contract between Russia and Ukraine set to expire 31 December and the realization of alternative pipeline ...
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 ...
This paper presents the results of a coordinated modelling assessment that incorporates European energy efficiency and renewable policies with two potential gas market scenarios. First, the impact of EU energy efficiency and renewable policies on natural ...
There is an ongoing policy debate in Europe about how to select natural gas infrastructure projects for an EU-wide investment support scheme. We contribute to this debate by providing a model-based project evaluation method that addresses several ...
In this paper the vulnerability and the short term resilience of the European gas market to supply side shocks are modelled. We analyse the effect of regulatory interventions on the wholesale gas price and welfare of the most vulnerable Central and ...
Well-conceived infrastructure development is the key to a fully integrated gas market as depicted in the Energy Union Package. Physical interconnection is the hardware that enables security of supply, which has become a particularly high priority issue ...