Investment in Transport Infrastructure, and Gas-Gas Competition

Gasmi, Farid and Oviedo, Juan Daniel (2009) Investment in Transport Infrastructure, and Gas-Gas Competition. TSE Working Paper, n. 09-121

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Official URL: http://tse-fr.eu/pub/22244

Abstract

This paper develops a simple model in which a regulated (upstream) transporter provides capacity to a marketer competing in output with an incumbent in the (downstream) gas commodity market. The equilibrium outcome of the firms' interaction in the downstream market is explicitly taken into account by the regulator when setting the transport charge. We consider various forms of competition in this market and derive the corresponding optimal transport charge policies. We then run simulations that allow us to perform a comparative welfare analysis of these transport infrastructure investment policies based on different assumptions about the intensity of the competition that prevails in the gas commodity market.

Item Type: Monograph (Working Paper)
Language: English
Date: November 2009
Uncontrolled Keywords: transport capacity investment, regulation, natural gas
JEL codes: L51 - Economics of Regulation
L91 - Transportation - General
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Site: UT1
Date Deposited: 18 Jan 2012 06:00
Last Modified: 07 Mar 2018 13:22
OAI ID: oai:tse-fr.eu:22244
URI: http://publications.ut-capitole.fr/id/eprint/3268

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