Recent Modelling Approaches in Applied Energy Economics - Rilegato

Bjerkholt, O.; Ølsen, O.; Vislie, J.

Rilegato

ISBN 10: 0412353407 ISBN 13: 9780412353406

Casa editrice: Chapman and Hall, 1990

Riassunto

This collection of 13 articles on the European gas market and the management of national petroleum resources uses up-to-date information and advanced analytic techniques to investigate energy issues of considerable policy interest. The lead article is a sophisticated modelling analysis assessing the impact of the forthcoming deregulation of the gas market within the European Community. It is argued that deregulation invalidates earlier long-term forecasts of gas penetration and most likely will lead to an enhanced role of gas as a major energy source for households, industry and power generation. Deregulation will intensify the supply competition between USSR, Norway and Algeria. The potential residential demand for natural gas is estimated in a detailed analysis for four major European countries using advanced techniques of analysis. Other contributions focus on the game structure of the struggle over market shares in the European gas market and the role of negotiations and bargaining in a market with strong elements of vertical control. The environmental consequences of energy policies have become a matter of increasing concern. An early, perhaps the first, attempt to calculate the environmental effects of a transition from oil and coal to natural gas in Europe is presented. Several articles deal with problems of management of natural petroleum resources, in particular, from a Norwegian viewpoint. The studies reported, for example on how to measure the petroleum wealth as a part of a national wealth, and the methods developed for making energy decisions are of relevance for other countries. The book also touches upon the role of the independent oil exporting countries in the world oil market of the 1990s and the impact of oil price fluctuations on the international economy.

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Recensione

Presents comprehensive modeling work in different economic disciplines - Petroleum Technology; ..considerable value to those interested in the construction of economic models and in the study of how such models function. - Energy Policy; All in all this is a very readable book with some very useful methodology and interesting conclusions Energy Studies review

Contenuti

ONE The European Gas Market.- 1 The Western European gas market: deregulation and supply competition.- 2 Residential energy demand — the evolution and future potential of natural gas in Western Europe.- 3 The European gas market as a bargaining game.- 4 Bargaining, vertical control, and (de)regulation in the European gas market.- 5 Environmental effects of a transition from oil and coal to natural gas in Europe.- TWO Management of National Petroleum Resources.- 6 Petroleum resources and the management of national wealth.- 7 Oil and gas revenues and the Norwegian economy in retrospect: alternative macroeconomic policies.- 8 The resource rent for Norwegian natural gas.- 9 Social discount rates for Norwegian oil projects under uncertainty.- 10 The choice between hydro and thermal power generation under uncertainty.- 11 The management of jointly produced exhaustible resources.- THREE The World Oil Market and Macroeconomic Performance.- 12 The options for independent oil-exporting countries in the 1990s.- 13 Business cycles and oil price fluctuations: some evidence for six OECD countries.

Dettagli dell'edizione

• Editore: Chapman and Hall
• Data di pubblicazione: 1990
• Lingua: Inglese
• ISBN 10: 0412353407
• ISBN 13: 9780412353406
• Rilegatura: Copertina rigida
• Numero di pagine: 287
• Contatto del produttore: non disponibile
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