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Gasmi, Farid
and Oviedo Arango, Juan Daniel
(2009)
Investment in Transport Infrastructure, and Gas-Gas Competition.
TSE Working Paper, n. 09-121
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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 Classification: | 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: | 01 Sep 2023 11:12 |
| OAI Identifier: | oai:tse-fr.eu:22244 |
| URI: | https://publications.ut-capitole.fr/id/eprint/3268 |
