Storage and Security of Supply in the Medium Run
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Chaton, Corinne & Creti, Anna & Villeneuve, Bertrand, 2009. "Storage and security of supply in the medium run," Resource and Energy Economics, Elsevier, vol. 31(1), pages 24-38, January.
- Corinne Chaton & Anna Creti & Bertrand Villeneuve, 2009. "Storage and security of supply in the medium run," Post-Print hal-03984544, HAL.
References listed on IDEAS
- Albert L. Nichols & Richard J. Zeckhauser, 1977. "Stockpiling Strategies and Cartel Prices," Bell Journal of Economics, The RAND Corporation, vol. 8(1), pages 66-96, Spring.
- Stern, Jonathan, 2004. "UK gas security: time to get serious," Energy Policy, Elsevier, vol. 32(17), pages 1967-1979, November.
- Williams,Jeffrey C. & Wright,Brian D., 2005.
"Storage and Commodity Markets,"
Cambridge Books,
Cambridge University Press, number 9780521023399, January.
- Williams,Jeffrey C. & Wright,Brian D., 1991. "Storage and Commodity Markets," Cambridge Books, Cambridge University Press, number 9780521326162, January.
- Grossman, Gene M & Helpman, Elhanan, 1994.
"Protection for Sale,"
American Economic Review, American Economic Association, vol. 84(4), pages 833-850, September.
- Grossman, G.M. & Helpman, E., 1992. "Protection for Sale," Papers 162, Princeton, Woodrow Wilson School - Public and International Affairs.
- Grossman, Gene & Helpman, Elhanan, 1993. "Protection for Sale," CEPR Discussion Papers 827, C.E.P.R. Discussion Papers.
- Grossman, G.M. & Helpman, E., 1992. "Protection for Sale," Papers 21-92, Tel Aviv.
- Gene M. Grossman & Elhanan Helpman, 1992. "Protection For Sale," NBER Working Papers 4149, National Bureau of Economic Research, Inc.
- Devarajan, Shantayanan & Weiner, Robert J., 1989. "Dynamic policy coordination: Stockpiling for energy security," Journal of Environmental Economics and Management, Elsevier, vol. 16(1), pages 9-22, January.
- Vincent P. Crawford & Joel Sobel & Ichiro Takahashi, 1984. "Bargaining, Strategic Reserves, and International Trade in Exhaustible Resources," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(4), pages 472-480.
- Creti, Anna & Villeneuve, Bertrand, 2008.
"Equilibrium Storage in a Markov Economy,"
MPRA Paper
11944, University Library of Munich, Germany.
- Creti, Anna & Villeneuve, Bertrand, 2010. "Equilibrium Storage in a Markov Economy," MPRA Paper 20520, University Library of Munich, Germany.
- Weisser, Hellmuth, 2007. "The security of gas supply--a critical issue for Europe?," Energy Policy, Elsevier, vol. 35(1), pages 1-5, January.
- Arye L. Hillman & Ngo Van Long, 1983. "Pricing and Depletion of an Exhaustible Resource When There is Anticipation of Trade Disruption," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(2), pages 215-233.
- Bergstrom, Clas & Loury, Glenn C & Persson, Mats, 1985. "Embargo Threats and the Management of Emergency Reserves," Journal of Political Economy, University of Chicago Press, vol. 93(1), pages 26-42, February.
- Tolley, George S & Wilman, John D, 1977. "The Foreign Dependence Question," Journal of Political Economy, University of Chicago Press, vol. 85(2), pages 323-347, April.
- James L. Sweeney, 1977. "Economics of Depletable Resources: Market Forces and Intertemporal Bias," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 44(1), pages 125-141.
- Machiel Mulder & Gijsbert Zwart, 2006. "Market failures and government policies in gas markets," CPB Memorandum 143, CPB Netherlands Bureau for Economic Policy Analysis.
- Hogan William W., 1983. "Oil Stockpiling: Help Thy Neighbor," The Energy Journal, , vol. 4(3), pages 49-72, July.
- Hallett, A. J. Hughes, 1984. "Optimal stockpiling in a high-risk commodity market the case of copper," Journal of Economic Dynamics and Control, Elsevier, vol. 8(2), pages 211-238, November.
- Thomas J. Teisberg, 1981. "A Dynamic Programming Model of the U.S. Strategic Petroleum Reserve," Bell Journal of Economics, The RAND Corporation, vol. 12(2), pages 526-546, Autumn.
- Brian D. Wright & Jeffrey C. Williams, 1982. "The Roles of Public and Private Storage in Managing Oil Import Disruptions," Bell Journal of Economics, The RAND Corporation, vol. 13(2), pages 341-353, Autumn.
- William W. Hogan, 1983. "Oil Stockpiling: Help Thy Neighbor," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 49-72.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Giulietti, Monica & Grossi, Luigi & Waterson, Michael, 2011.
"A Rough Examination of the value of gas storage,"
The Warwick Economics Research Paper Series (TWERPS)
967, University of Warwick, Department of Economics.
- Giulietti, Monica & Grossi, Luigi & Waterson, Michael, 2011. "A Rough Examination of the value of gas storage," Economic Research Papers 270757, University of Warwick - Department of Economics.
- Creti, Anna & Villeneuve, Bertrand, 2008.
"Equilibrium Storage in a Markov Economy,"
MPRA Paper
11944, University Library of Munich, Germany.
- Creti, Anna & Villeneuve, Bertrand, 2010. "Equilibrium Storage in a Markov Economy," MPRA Paper 20520, University Library of Munich, Germany.
- Anna Creti & Bertrand Villeneuve, 2013. "Commodity storage with durable shocks : A simple Markovian model," Post-Print hal-01517436, HAL.
- Ejarque, João Miguel, 2008. "Evaluating the Economic Cost of Strategic Storage of Natural Gas," Economics Discussion Papers 8922, University of Essex, Department of Economics.
- Ejarque, João Miguel, 2011. "Evaluating the economic cost of natural gas strategic storage restrictions," Energy Economics, Elsevier, vol. 33(1), pages 44-55, January.
- Mordwa, Maria, 2011. "The obligation of strategic gas storage introduced in Poland as an example of a public service obligation relating to supply security: a question of compliance with European law," MPRA Paper 34891, University Library of Munich, Germany.
- Sergey Paltsev & Valerie Karplus & Henry Chen & Ioanna Karkatsouli & John Reilly & Henry Jacoby, 2015. "Regulatory control of vehicle and power plant emissions: how effective and at what cost?," Climate Policy, Taylor & Francis Journals, vol. 15(4), pages 438-457, July.
- Chi Kong Chyong & Michael Pollitt & David M. Reiner & Carmen Li, 2023. "Modelling flexibility requirements in European 2050 deep decarbonisation scenarios: the role of conventional flexibility and sector coupling options," Working Papers EPRG2302, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Abrell, Jan & Chavaz, Léo & Weigt, Hannes, 2019. "Dealing with Supply Disruptions on the European Natural Gas Market: Infrastructure Investments or Coordinated Policies?," Working papers 2019/11, Faculty of Business and Economics - University of Basel.
- Salant, Stephen W., 2016. "What ails the European Union׳s emissions trading system?," Journal of Environmental Economics and Management, Elsevier, vol. 80(C), pages 6-19.
- repec:dau:papers:123456789/5384 is not listed on IDEAS
- Salant, Stephen W., 2015. "What Ails the European Union's Emissions Trading System? Two Diagnoses Calling for Different Treatments," RFF Working Paper Series dp-15-30, Resources for the Future.
- Cavaliere, Alberto & Giust, Valentina & Maggi, Mario, 2013. "Efficient mechanisms for access to storage when competition in gas markets is imperfect," Energy Economics, Elsevier, vol. 36(C), pages 481-490.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- repec:dau:papers:123456789/5204 is not listed on IDEAS
- repec:dau:papers:123456789/4808 is not listed on IDEAS
- Creti, Anna & Villeneuve, Bertrand, 2008.
"Equilibrium Storage in a Markov Economy,"
MPRA Paper
11944, University Library of Munich, Germany.
- Creti, Anna & Villeneuve, Bertrand, 2010. "Equilibrium Storage in a Markov Economy," MPRA Paper 20520, University Library of Munich, Germany.
- repec:dau:papers:123456789/5384 is not listed on IDEAS
- Anna Creti & Bertrand Villeneuve, 2013. "Commodity storage with durable shocks : A simple Markovian model," Post-Print hal-01517436, HAL.
- repec:dau:papers:123456789/2280 is not listed on IDEAS
- R. Glenn Hubbard, 1983. "Uncertain Lifetimes, Social Security, and Individual Saving," Discussion Papers 581, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Martin C. McGuire, 2010. "Economic Analysis and International Security," Public Policy Review, Policy Research Institute, Ministry of Finance Japan, vol. 6(2), pages 313-346, March.
- Bai, Yang & Dahl, Carol, 2018. "Evaluating the management of U.S. Strategic Petroleum Reserve during oil disruptions," Energy Policy, Elsevier, vol. 117(C), pages 25-38.
- Bai, Y. & Zhou, D.Q. & Zhou, P. & Zhang, L.B., 2012. "Optimal path for China's strategic petroleum reserve: A dynamic programming analysis," Energy Economics, Elsevier, vol. 34(4), pages 1058-1063.
- Wu, Gang & Wei, Yi-Ming & Nielsen, Chris & Lu, Xi & McElroy, Michael B., 2012. "A dynamic programming model of China's strategic petroleum reserve: General strategy and the effect of emergencies," Energy Economics, Elsevier, vol. 34(4), pages 1234-1243.
- Wu, Gang & Fan, Ying & Liu, Lan-Cui & Wei, Yi-Ming, 2008. "An empirical analysis of the dynamic programming model of stockpile acquisition strategies for China's strategic petroleum reserve," Energy Policy, Elsevier, vol. 36(4), pages 1470-1478, April.
- Martin C. McGuire, 2000. "Provision for Adversity," Journal of Conflict Resolution, Peace Science Society (International), vol. 44(6), pages 730-752, December.
- Gérard Gaudet & Pierre Lasserre, 2011.
"The Efficient Use Of Multiple Sources Of A Nonrenewable Resource Under Supply Cost Uncertainty,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 52(1), pages 245-258, February.
- Gérard Gaudet & Pierre Lasserre, 2008. "The Efficient Use of Multiple Sources of a Nonrenewable Resource Under Supply Cost Uncertainty," CIRANO Working Papers 2008s-08, CIRANO.
- GAUDET, Gérard & LASSERRE, Pierre, 2008. "The Efficient Use of Multiple Sources of a Nonrenewable Resource under Supply Cost Uncertainty," Cahiers de recherche 2008-04, Universite de Montreal, Departement de sciences economiques.
- GAUDET, Gérard & LASSERRE, Pierre, 2008. "The Efficient Use of Multiple Sources of a Nonrenewable Resource under Supply Cost Uncertainty," Cahiers de recherche 04-2008, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Bahel, Eric, 2011. "Optimal management of strategic reserves of nonrenewable natural resources," Journal of Environmental Economics and Management, Elsevier, vol. 61(3), pages 267-280, May.
- Christophe Gouel & Sébastien Jean, 2015.
"Optimal Food Price Stabilization in a Small Open Developing Country,"
The World Bank Economic Review, World Bank, vol. 29(1), pages 72-101.
- Christophe Gouel & Sébastien Jean, 2012. "Optimal Food Price Stabilization in a Small Open Developing Country," Working Papers 2012-01, CEPII research center.
- Christophe Gouel & Sébastien Jean, 2015. "Optimal food price stabilization in a small open developing country," Post-Print hal-01173054, HAL.
- Gouel, Christophe & Jean, Sebastien, 2012. "Optimal food price stabilization in a small open developing country," Policy Research Working Paper Series 5943, The World Bank.
- Zhang, Xiao-Bing & Fan, Ying & Wei, Yi-Ming, 2009. "A model based on stochastic dynamic programming for determining China's optimal strategic petroleum reserve policy," Energy Policy, Elsevier, vol. 37(11), pages 4397-4406, November.
- Behrens, Axel, 1990. "Optimal stockpiling policies for resource-dependent economies," Kiel Working Papers 437, Kiel Institute for the World Economy (IfW Kiel).
- Bahel, Eric, 2011.
"Optimal management of strategic reserves of nonrenewable natural resources,"
Journal of Environmental Economics and Management, Elsevier, vol. 61(3), pages 267-280, May.
- Eric Bahel, 2010. "Optimal Management of Strategic Reserves of Nonrenewable Natural Resources," Working Papers e07-27, Virginia Polytechnic Institute and State University, Department of Economics.
- Chen, Xin & Mu, Hailin & Li, Huanan & Gui, Shusen, 2014. "Using stockpile delegation to improve China׳s strategic oil policy: A multi-dimension stochastic dynamic programming approach," Energy Policy, Elsevier, vol. 69(C), pages 28-42.
- Huanan Li & Xin Chen, 2016. "Dynamic game analysis on China’s public and private oil stockpiles," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 84(1), pages 715-723, October.
- Zhang, Xiao-Bing & Qin, Ping & Chen, Xiaolan, 2017. "Strategic oil stockpiling for energy security: The case of China and India," Energy Economics, Elsevier, vol. 61(C), pages 253-260.
- Ibrahim Abada & Olivier Massol, 2010.
"Security of supply in the European Gas Market A model-based analysis,"
Working Papers
hal-04140916, HAL.
- Ibrahim Abada & Olivier Massol, 2010. "Security of supply in the European Gas Market A model-based analysis," EconomiX Working Papers 2010-13, University of Paris Nanterre, EconomiX.
- Ilyes Abid & Stéphane Goutte & Farid Mkaouar & Khaled Guesmi, 2019.
"Optimal strategy between extraction and storage of crude oil,"
Annals of Operations Research, Springer, vol. 281(1), pages 3-26, October.
- Ilyes Abid & Stéphane Goutte & Farid Mkaouar & Khaled Guesmi, 2018. "Optimal strategy between extraction and storage of crude oil," Post-Print hal-01968085, HAL.
- Ilyes Abid & Stéphane Goutte & Farid Mkaouar & Khaled Guesmi, 2018. "Optimal strategy between extraction and storage of crude oil," Post-Print hal-02171503, HAL.
More about this item
Keywords
Storage; Dynamic models; Gas industry;All these keywords.
JEL classification:
- L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities
- Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
- L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CSE-2008-12-14 (Economics of Strategic Management)
- NEP-ENE-2008-12-14 (Energy Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:11986. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.