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 ...
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The Economic and Energy Security Implications of the Russian Energy WeaponEnergy, 2024 - scholarly articlesPublished: 1 of May, 2024
What can the EU do to address the high natural gas prices?Energy Policy - scholarly articlesPublished: 12 of December, 2022
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 ...
A modelling-based assessment of EU supported natural gas projects of common interestEnergy Policy volume 166 (2022) - scholarly articlesPublished: 9 of September, 2022
Between 2013 and 2020 the EU set up a complex institutional system to select and support the implementation of energy infrastructure projects that are of European interest (PCIs). EUR 1. 4 billion EU support was awarded to 16 natural gas projects between ...
European Natural Gas Infrastructure in the Energy Transitionscholarly articlesPublished: 18 of September, 2019
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 ...
Future of Ukraine's gas transit and its effects on the natural gas marketbooks, chaptersPublished: 31 of May, 2019
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 ...
Issues of the allowed rate of return charged on the regulatory asset base on the example of the Hungarian gas distributionCompetition and Regulation 2018 - books, chaptersPublished: 1 of May, 2019
From time to time there is a need for the development of a predictable regulatory framework that takes into account the considerations of both investors and users of services in the context of price regulation of asset-intensive utility services. In our ...
Evaluating the 6 March PRISMA capacity auctionsbooks, chaptersPublished: 30 of April, 2018
In early March 2017, long-term capacity bookings were held on the PRISMA auction platform, which covers most of the European Union’s natural gas transmission grid. In this short analysis we highlight amarket distortive phenomenon that may be the result ...
The Impact Of The Construction Of The Nord Stream 2 Gas Pipeline On Gas Prices And CompetitionCompetition and Regulation 2016 - books, chaptersPublished: 24 of February, 2017
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 ...
A Top-Down Approach to Evaluating Cross-Border Natural Gas Infrastructure Projects in EuropeThe Energy Journal, Vol. 37, SI3 - scholarly articlesPublished: 28 of October, 2016
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 ...
A top-down approach to identify the most important natural gas cross-border infrastructure projectsDIW Working Paper 2015 - working papersPublished: 17 of June, 2015
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 ...
