A Game Theoretic Analysis of Shared Natural Gas Storage Facilities
نویسنده
چکیده
We develop a game theoretic model for shared natural gas storage facilities. We analyse the effects of strategic interaction, given that deliverability is a function of overall pressure within the store, on the expected value of the storage facility in equilibrium. Our results have significant implications for the economic efficiency of storage facilities, price stability in the gas market and the operational policies for gas storage companies.
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