Download or read book The Emergence of a Competitive Natural Gas Market and the End of Regulation written by Arthur S. De Vany and published by . This book was released on 1995 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Building Competitive Gas Markets in the EU written by Jean-Michel Glachant and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: This highly unique book focuses on market design issues common to most EU gas markets, particularly in the context of closer integration. It explores in detail the characteristics and requirements of national gas markets in Europe, which are constructed as virtual hubs based on entry/exit schemes as a requirement of European law. The expert contributors analyse gas supply and demand patterns in the EU, showing that both have changed following the introduction of liquefied natural gas on the supply side and the growth of gas-fired power plants on the demand side. The repeated interactions between the transmission operators activity and the gas commodity markets are addressed, as is the design of commercial networks in EU markets. The contributors also question whether the relationship between commercial and physical networks, in terms of the new flexibility requirements of users, actually works. By way of conclusion, two proposals for the EU gas target model are presented, both of which tackle the fundamental issues raised in this book, as well as the organization of short-term transactions and the mechanisms for investment in vital new long-life infrastructure needed to integrate EU markets. This volume will be of great interest to practitioners, as well as academics, researchers and students in the fields of energy economics and industrial economics. Both European and non-European energy companies and regulatory authorities looking for an independent and analytical overview of European gas markets will also find this book to be a highly valuable resource.
Download or read book The Emergence of Markets in the Natural Gas Industry written by Andrej Juris and published by . This book was released on 1998 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Natural Gas Market written by United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy Regulation and Conservation and published by . This book was released on 1986 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regulated Enterprise written by Christopher James Castaneda and published by Ohio State University Press. This book was released on 1993 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Christopher Castaneda's study of the construction of the pipelines that transported southwestern gas to the Northeast traces the ways in which the federal regulatory process fostered competitive growth in the natural gas industry." "In 1938, the Natural Gas Act granted the Federal Power Commission jurisdiction over the interstate transmission and sale of natural gas. The FPC used its new powers to guide, shape, and manage an intensely competitive period in the industry. As Castaneda shows, aggressive and politically astute entrepreneurs based in the Southwest took advantage of economic opportunity and a regulatory environment conducive to industry growth. They financed and built the nation's longest gas pipelines to connect the massive southwestern reserves with the major northern energy markets. The coal industry, which supplied the raw product for manufactured gas, and the railroad industry, which transported the coal, adamantly but unsuccessfully opposed the action and attempted to halt the introduction of natural gas into their northeastern markets. First, during the war years, emergency regulatory agencies directed the expansion of the industry into Appalachia. Then, in the ensuing peacetime, market forces prompted entrepreneurs to compete vigorously for regulatory approval to build pipelines to sell natural gas in the Northeast." "While previous studies have examined the development of the natural gas industry after 1954, when the Supreme Court's Phillips decision established the FPC as a regulator of price control rather than as a manager of industrial growth, Castaneda's is the first to examine this earlier entrepreneurial era. Based on exhaustive research in corporate records and government documents, Regulated Enterprise offers a case study of government-business relations during a period of rapid industrial expansion and suggests a new way of looking at federal regulation and competitive growth."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved
Download or read book The Emerging New Order in Natural Gas written by Arthur S De Vany and published by Praeger. This book was released on 1995-05-23 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1984, relaxed federal guidelines have allowed the natural gas industry to become far more flexible and competitive. Once gas pipelines were given the option of open access, the barriers to markets and competition dissolved. The success of open access points to the emergence and evolution of a fluid and informationally rich network of regional markets that form today's single national market for natural gas. A broad range of specialists and academics in economics, regulatory economics and economic modeling, industrial organization, and energy and natural resources will find the implications of this work important reading.
Download or read book China s Gas Development Strategies written by Shell International B.V. and published by Springer. This book was released on 2017-11-23 with total page 515 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is open access under a CC BY 4.0 license. This book examines how China can increase the share of natural gas in its energy system. China’s energy strategy has global ramifications and impact, and central to this strategy is the country’s transition from coal to gas. The book presents the culmination of a two-year collaboration between the Development Research Center of the State Council (DRC) and Shell. With the Chinese government’s strategic aim to increase the share of gas in the energy mix from 5.8% in 2014 to 10% and 15% in 2020 and 2030 respectively, the book outlines how China can achieve its gas targets. Providing both quantifiable metrics and policy measures for the transition, it is a much needed addition to the literature on Chinese energy policy. The research and the resulting recommendations of this study have fed directly into the Chinese government’s 13th Five-Year Plan, and provide unique insights into the Chinese government and policy-making. Due to its global impact, the book is a valuable resource for policy makers in both China and the rest of the world.
Download or read book The Economic and Financial Impact of Governmental Deregulation on the U S Natural Gas Industry written by Naijiang Zhou and published by . This book was released on 1994 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent changes in the structure of the U.S. natural gas industry include consolidation of operations among oil and gas producers, a revised role for major interstate natural gas pipelines from merchants to common carriers, emergence of natural gas spot and futures markets, and increased gas-to-gas competition and competition from alternative energy sources. Particularly, FERC Order 636, issued in 1992, directed a sweeping restructuring of the natural gas transmission industry. The FERC's intent was to bring about the final deregulation of the gas industry, creating a market place that would promote competition, give consumers more choices, and provide more efficient and market-sensitive gas supplies and transportation services. As a result, the way of doing business in the U.S. natural gas industry has been permanently changed. Changes in the governmental regulations have affected not only the structure of the gas industry, but also the economics of natural gas companies and end users. During the regulatory transition, major interstate natural gas pipelines incurred significant costs, and their overall financial performance was less than satisfactory. On the other hand, however, local distribution companies enjoyed growth in asset base, operating revenues, and net income. In general, industrial and electric utility customers have benefited more from the recent changes in the U.S. natural gas market than captive residential and commercial customers. Facing these unprecedented developments, producers, pipelines, and local distribution companies restructured their operations. They laid off employees, spun off assets, consolidated operations, reduced long-term debt, and adjusted capital spending in an effort to cut down costs and improve operating efficiency. The outlook of the gas industry can be characterized by sustained gas demand and tight supply, with the greatest opportunity for gas market growth coming from electric power generation and natural gas vehicles. The market share of Canadian gas in the U.S. is expected to increase. Governmental regulations will continue to play an important role in stimulating increased use of natural gas. To adapt to an increasingly competitive environment, the future strategies of the gas companies should emphasize efficiency, supply reliability, R&D, and risk management
Download or read book The End of a Natural Monopoly written by Daniel H. Cole and published by Routledge. This book was released on 2003-07-17 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation followed by panicked re-regulation. This important book critically analyses this controversial area from a legal and economic perspective.
Download or read book Regulation of the Natural Gas Producing Industry written by Keith C. Brown and published by Routledge. This book was released on 2017-02-17 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1972, Regulation of the Natural Gas Producing Industry combines several papers prepared for a seminar in Washington D.C in 1970.The purpose of this seminar was to exchange views between specialists on the issues related to regulation natural gas production. As such these papers explore issues such as producer price regulations, arguments for and against the regulation of natural gas, the changing environment of natural gas supply and what the future holds in terms of the natural gas producing industry. This title will be of interest to students of Environmental Studies and policy makers.
Download or read book The economic and financial impact of government deregulation on the U S natural gas industry written by Nai-chiang Chou and published by . This book was released on 1994 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Natural Gas Market written by Paul W. MacAvoy and published by Yale University Press. This book was released on 2008-10-01 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: divOver the past six decades federal regulatory agencies have attempted different strategies to regulate the natural gas industry in the United States. All have been unsuccessful, resulting in nationwide gas shortages or massive gas surpluses and costing the nation scores of billions of dollars. In addition, partial deregulation has led the regulatory agency to become more involved in controlling individual transactions among gas producers, distributors, and consumers. In this important book, Paul MacAvoy demonstrates that no affected group has gained from these experiments in public control and that all participants would gain from complete deregulation. Although losses have declined with partial deregulation in recent years, current regulatory practices still limit the growth of supply through the transmission system. MacAvoy’s history of the regulation of natural gas is a cautionary tale for other natural resource or network industries that are regulated or are about to be regulated. /DIV
Download or read book Competition and Other Current Issues in the Natural Gas Market written by and published by . This book was released on 1984 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Development of Natural Gas and Pipeline Capacity Markets in the United States written by Andrej Juris and published by World Bank Publications. This book was released on 1998 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Development of Competitive Natural Gas Markets in the United States written by Andrej Juris and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States has the world's largest natural gas market. Fifteen years of deregulation have delivered significant gains to consumers in the form of lower prices and more services. The experience shows that liberalizing wholesale gas prices and the bulk supply of natural gas frees market forces in segments where competition is feasible. But regulators must focus on improving the regulation of pipeline transportation and minimizing its distortive effect on competitive gas markets. Introducing flexibility into pricing and other conditions of transportaion contracts such as delivery locations or the balancing of gas shipments and standardizing pipeline operations promote more efficient use of pipelines and benefit all industry participants. The U.S. experience also shows the important role of gas marketers and spot markets in increasing the efficiency of gas transactions and prices. Deregulation of the U.S. gas industry is far from complete, however. The most important task, and the biggest challenge for regulators, remains the deregulation of retail gas markets in individual states.
Download or read book New Horizons in Natural Gas Deregulation written by Jerome R. Ellig and published by Bloomsbury Publishing USA. This book was released on 1996-01-19 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the natural gas industry, competition and contracting are gradually replacing monopoly and regulation. In this volume, many leading economists who follow the gas industry present their views on current and future industry trends. To help regulators and industry leaders better understand these changes and to reform regulation, the authors apply economic theories of contestable markets, public choice, transaction costs and dynamic entrepreneurship to the gas industry. The issues addressed in this work are crucial, not just for the gas industry, but for all industries that have traditionally been treated as regulated monopolies.
Download or read book Regulatory Reform in Argentina s Natural Gas Sector written by International Energy Agency and published by Organisation for Economic Co-operation and Development. This book was released on 1999 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: The natural gas sector in Argentina is undergoing profound change as a result of regulatory and structural reforms launched at the end of the 1980s. Critical to achieving national economic restructuring, these reform measures were aimed at improving economic efficiency and increasing investment through greater reliance on market forces and new opportunities for private capital. This report, the first IEA study to focus on Argentina, critically reviews the impact of gas-sector reforms. It identifies challenges that policy makers, regulatory and competition authorities still confront, in particular the promotion of competition in gas supply.
