The European Emissions Trading Scheme (ETS) limits CO2 emissions from covered sectors, especially electricity until December 2007, after which a new set of Allowances will be issued. The paper demonstrates that the impact of controlling the quantity rather than the price of carbon is to reduce the elasticity of demand for gas, amplifying the market power of gas suppliers, and also amplifying th...

according to the global fuel crisis, it seems necessary to use alternative fuel instead of gasoline. since the natural gas is cheaper, have higher frequency than gasoline and less pollution, it is a suitable fuel. many efforts have been done in order to replace gasoline with natural gas. one of the methods is to inject natural gas and gasoline fuel simultaneously and to use the benefits of both...

About this lab The natural environment involves nuclear radiation. Mankind has added to this by production of power and by application of “artificial” radiation to medical and other uses. After a hiatus of decades in the United States (but not in the rest of the world) nuclear fission power plant construction may experience a revival, under the economic pressure of fossil fuel price increases a...

A large mixed-integer linear program (MILP) and a much smaller nonlinear programming (NLP) approximation of the MILP, involving simulation and response surface estimation via regression analysis, are proposed to solve the problem of the optimal selection of natural gas supply contracts by local gas distribution utilities. Each potential supply source is characterized by several price and nonpri...

Abstract This article aims to review the present EU regulation regarding natural gas markets and see steps which have been made towards of a UE common market gas. Consequences liberalization price will be reviewed lack supply caused by Ukrainian – Russian War. The paper is also analyzing different stages processes Gas Market benefits brought final consumers industry.

The residential demand for electricity, studied on the national level for many years, is here investigated on the regional level. A survey of the literature is first presented outlining past econometric work in the field of electrical energy demand. An econometric model is then presented using a 1970 cross-section of sixty-seven New England electric utilities and their service areas as the data...

Liquefied Natural Gas contracts offer cancellation options that make their pricing difficult, especially if many gas storages need to be taken into account. We develop a valuation mechanism for such contracts from the buyer’s perspective, a large gas company whose main interest in these contracts is to provide a reliable supply of gas to its clients. The approach combines valuation with hedging...

Until recently, natural gas was an also-ran in the sweepstakes for changing the face of transportation in the United States, even though expanded reliance on natural gas vehicles (NGVs) holds the promise of reducing carbon emissions, reducing dependence on oil, and even lowering transportation costs. Recently, however, interest in natural gas as a transportation fuel has grown, as shale gas res...