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In this paper, we discuss potential developments of the world natural gas industry at the horizon of 2030. We use the World Gas Model (WGM), a dynamic, strategic representation of world natural gas production, trade, and consumption between 2005 and 2030. We specify a “base case” which defines the business-as-usual assumptions based on forecasts of the(More)
Because of economic growth and a strong increase in global energy demand the demand for fossil fuels and therefore also greenhouse gas emissions are increasing, although climate policy should lead to the opposite effect. The coal market is of special relevance as coal is available in many countries and often their first choice to meet energy demand. In this(More)
This paper presents results of simulating a more collusive behavior of a group of natural gas producing and exporting countries, sometimes called GASPEC. We use the World Gas Model, a dynamic, strategic representation of world gas production, trade, and consumption between 2005 and 2030. In particular, we simulate a closer cooperation of the GASPEC(More)
a r t i c l e i n f o Natural gas is increasingly important as a fuel for electric power generation as well as other uses due to its environmental advantage over other fossil fuels. Using the World Gas Model, a large-scale energy equilibrium system based on a complementarity formulation, this paper analyzes possible future gas cartels and their effects on(More)
  • Jan Jansen, Wim van Arkel, +4 authors Elke van Thuijl
  • 2003
After putting renewable energy policy support in an overall policy perspective, some key EU renewable energy policy documents are reviewed. Recently promulgated EU policies on automotive biofuels are given special attention. The report generally questions the soundness of the basis on which the EU has set indicative targets for renewable energy,(More)
We investigate the hydropower scheduling problem, in which a price-taking producer determines a reservoir management strategy that maximises the present value of revenues from selling the produced electricity in a well-functioning market. Uncertainty is present both in market prices and in reservoir inflows. To solve the problem, we apply linear decision(More)
In this paper, we use the Global Gas Model to analyze the perspectives and infrastructure needs of the European natural gas market until 2050. Three pathways of natural gas consumption in a future low-carbon energy system in Europe are envisaged: i) a decreasing natural gas consumption, along the results of the PRIMES model for the EMF decarbonization(More)
Linear decision rules is a method for solving multistage stochastic linear programming problems. In this article we consider the feasibility of applying it to the hydropower scheduling problem. In our case, the price-taking producer determines a long-term reservoir management strategy that maximizes the market value of revenues from selling the electricity(More)