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Foundations of natural gas price formation : misunderstandings jeopardizing the future of the industry
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ISBN: 1785273396 1785273388 Year: 2020 Publisher: London : Anthem Press,

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Abstract

Natural gas pricing should be as critically important to the general public as it is to industry specialists. Pricing is the basis of balancing the interests of European and Asian consumers of power and electricity with those of the limited number of potential suppliers of natural gas. Given that natural gas is a foundational transition fuel source that will not be supplanted by renewals for many, many years, the consequences of market failure from incorrect pricing mechanisms could result in the industry missing the new investment cycle. In addressing the critical balancing role of natural gas pricing, 'Foundations of Natural Gas Price Formation' presents an in-depth analysis of the fundamentals of natural gas price formation and outlines the distinctive characteristics of natural gas that make it a unique commodity by examining the specific factors underpinning gas pricing that result in a hybrid pricing system special to natural gas. The book argues that the patrons of spot pricing through gas hubs are promoting an incorrect understanding of gas markets that will lead to market failure and to potential critical supply shortages in the near future. 'Foundations of Natural Gas Price Formation' defends the system of oil-indexed pricing as an accurate, market-based mechanism that has stood the test of time.


Book
Gas 2020
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ISBN: 9789264775077 Year: 2020 Publisher: Paris OECD Publishing,

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2020 is on its way to experiencing the largest recorded demand shock in the history of global natural gas markets. The Covid-19 pandemic hit an already declining gas demand, faced with historically mild temperatures over the first months of the year. Gas consumption is expected to fall by 4% in 2020, under the successive impacts of lower heating demand from the warm winter, the implementation of lockdown measures in almost all countries and territories to slow the spread of the virus, and a lower level of activity caused by the Covid-19 induced macroeconomic crisis.Faced with this unprecedented shock, natural gas markets are going through a strong supply and trade adjustments, resulting in historically low spot prices and high volatility. Natural gas demand is expected to progressively recover in 2021, however the Covid-19 crisis will have longer-lasting impacts on natural gas markets, as the main medium-term drivers are subject to high uncertainty.This report provides a detailed analysis of recent natural gas market developments, assesses the impact of the Covid-19 crisis on the short to medium terms and discusses the main drivers and uncertainties to future gas supply and demand to 2025.


Periodical
Vestnik Permskogo nat͡sionalʹnogo issledovatelʹskogo politekhnicheskogo universiteta.
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ISSN: 22249923 23051140 Year: 2020 Publisher: Permʹ : Permskiĭ nat͡sionalʹnyĭ issledovatelʹskiĭ politekhnicheskiĭ universitet,


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The Bridge
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ISBN: 9780674987951 0674243846 9780674243842 0674243854 Year: 2020 Publisher: Cambridge, MA

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Europe and Russia are pushing against each other in a contest of economic doctrines and political ambitions, seemingly erasing the vision of cooperation that emerged from the end of the Cold War. Thane Gustafson argues that natural gas serves as a bridge over troubled geopolitical waters, uniting the region through common economic interests.


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Decontamination in hospitals and healthcare
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ISBN: 0081025653 0081025661 9780081025666 9780081025659 Year: 2020 Publisher: Cambridge, MA

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Decontamination in Hospitals and Healthcare, Second Edition, enables users to obtain detailed knowledge of decontamination practices in healthcare settings, including surfaces, devices, clothing and people, with a specific focus on hospitals and dental clinics.--


Book
Energy Transitions and the Future of Gas in the EU : Subsidise or Decarbonise
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ISBN: 3030326144 3030326136 Year: 2020 Publisher: Cham : Springer International Publishing : Imprint: Palgrave Macmillan,

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This book assesses the impact of energy transitions on the future of natural gas in the EU energy mix. As we approach 2050, the requirement to sharply decrease CO₂ and other GHG emissions means that the role of gas infrastructure in the EU and beyond will change drastically. But what does such change mean? To address this question the author critically analyses the EU’s evolving natural gas market policy and law. Clearly structured throughout, the book explores the following questions: How can we maximise the potential of gas infrastructure to reduce carbon emissions? What are the lessons learned from decision making experience in the natural gas sector? Is the EU moving towards or away from a climate neutral gas sector? How will green and low carbon gas technologies be supported? And, are proposals to drive a growing share of hydrogen, biomethane, and synthetic methane to the system just an excuse to prolong fossil fuel operations? The book explores whether the EU will continue to subsidy natural gas projects or decarbonise the gas grid before 2050, and at what cost. Recommendations are proposed for a new regulatory and policy framework for development and operation of hydrogen pipelines, injection of biomethane into the existing gas grid and for pipelines carrying CO₂. Filling an important gap in the literature, this book aims to develop an understanding of and clarify the complex range of legislation involved within a single analytical framework. Although the focus is mainly on the future of gas in the EU, the findings and recommendations are relevant for a much wider geography. This book will be an invaluable reference to policy makers and practitioners as well as researchers and students across the social sciences interested in the future of energy. Gokce Mete is an energy sector professional, academic and consultant with a decade of experience focused on climate change, energy and natural resources law and policy. She is currently the Head of the Knowledge Centre at the International Energy Charter.

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