Actualités récentes

31-05-2021
Extension of the call for paper on "FINANCING LONG-TERM INVESTMENT IN HYBRID ELECTRICITY MARKETS" to 31 May 2021 > more details here

16-02-2021
Publication in Energy Economics : SYSTEM CONTRIBUTIONS OF RESIDENTIAL BATTERY SYSTEMS: NEW PERSPECTIVES ON PV SELF-CONSUMPTION, by Hyun Jin Julie Yu > Read the article

26-01-2021
Energy Economics Publication: SYSTEM CONTRIBUTIONS OF RESIDENTIAL BATTERY SYSTEMS: NEW PERSPECTIVES ON PV SELF-CONSUMPTION Hyun Jin Julie YU

17-12-2020
WORKING PAPER 47: LOCAL FLEXIBILITY MARKETS FOR DISTRIBUTION NETWORK CONGESTION-MANAGEMENT: WHICH DESIGN FOR WHICH NEEDS?
Click here

17-12-2020
Revue Économie industrielle Publication: LES EFFACEMENTS DE CONSOMMATION ÉLECTRIQUE ET LE SURPLUS DES ACTEURS ÉNERGÉTIQUES Cédric CLASTRES et Patrice GEOFFRON

17-12-2020
Energy Journal Publication: AN EMPIRICAL ANALYSIS OF THE BID-ASK SPREAD IN THE CONTINUOUS INTRADAY TRADING OF THE GERMAN POWER MARKET Clara BALARDY

23-07-2020
COMMUNIQUÉ: A NEW INITIATIVE TO ADAPT TO THE CHALLENGES OF THE ENERGY TRANSITION
Click here

22-04-2020
RAPPORT D’ACTIVITÉS 2019 DE LA CEEM
Cliquez ici

22-04-2020
CEEM ACTIVITY REPORT 2019
Click here

20-04-2020
WORKING PAPER 46 - RETAILERS’STRATEGIES FACING DEMAND RESPONSE AND MARKETS INTERACTIONS
Click Here

30-03-2020
WORKING PAPER 45: THE EUROPEAN TARGET MODEL FOR ELECTRICITY MARKETS – ACHIEVEMENTS TO DATE AND KEY ENABLERS FOR THE EMERGENCE OF A NEW MODEL
Click here

30-03-2020
WORKING PAPER 44: RENTS OF ELECTRICTY GENERATORS IN FRANCE AND GERMANY DUE TO CARBON TRADING UNDER DIFFERENT ALLOCATION MECHANISMS
Click here

11-12-2019
WORKING PAPER 43 - MODELLING PARTICIPATION IN RESIDENTIAL DEMAND RESPONSE MECHANISMS IN SOUTH KOREA AND FRANCE: THE IMPACTS OF INCONVENIENCE, CUSTOMER BASELINE ESTIMATION AND MARGINAL PRICING
Click Here

01-12-2019
WORKING PAPER 42 - ÉVALUER LE COÛT DES TRANSITIONS ÉLECTRIQUES À BASE DE RENOUVELABLES: DU BON USAGE DES MODÈLES D'OPTIMISATION SECTORIELLE
Click Here

+ Plus de news

>> Toutes les actualités

30ÈME SÉANCE DU SÉMINAIRE DE RECHERCHES EN ÉCONOMIE DE L’ÉNERGIE DE PARIS-SCIENCES-LETTRES

ARBITRAGE AND STRATEGIC BEHAVIORS IN REGIONAL GAS MARKETS

Mercredi 13 Avril 2016, de 16h30 à 18h30
École Mines Paris Tech
60 Boulevard Saint-Michel
75006 Paris

This seminar was held in English.

Registration can be done on the website Eventbrite:
Inscription

PROGRAMME AND PRESENTATIONS
The Seminar on Research in Energy Economics at Paris-Sciences-Lettres (PSL) is jointly organized by the CERNA (MINES PARIS TECH), the CGEMP (Université Paris-Dauphine), the Chaire European Electricity Markets (Université Paris-Dauphine), and i3 (l’Institut interdisciplinaire de l’innovation), members of PSL. It is animated by François LEVEQUE (MINES PARIS TECH), Dominique FINON (Chaire European Electricity Markets, CNRS-CIRED) and Patrice GEOFFRON (Director, CGEMP, Université Paris-Dauphine).

Yuri Yegorov, Faculty of Business, Wien University
Arbitrage in natural gas markets: Drivers and constraints
Présentation
Natural gas markets are characterized by an increasing role of liquefied natural gas (LNG), spot markets, along with deregulation, liberalization and growing competition in many national markets. Rising flexibility in LNG contracts’ destination clauses combined with large spreads across locations create the impression of large arbitrage opportunities. However, technical, contractual, and market restrictions, differences in LNG qualities, capacity limits in shipping, liquefaction and re-gasification, as well as high transportation costs are important barriers for any arbitrageur. Accountings for these costs and barriers, arbitrage opportunities seem to exist in particular from the low cost US to high cost regions in Europe and Japan. Since it is difficult to be satisfied with explanations by these simple economic incentives, further explanations are needed: capacity constraint (US liquefaction plants), high investment costs at the individual level, rational expectations and US government interventions, currently and in the future.

Robert Ritz, EPRG, Cambridge University
Strategic investment, multimarket interaction and competitive advantage: An application to the natural gas industry
Présentation
This paper presents a game-theoretic analysis of multimarket competition with strategic capacity investments, motivated by recent developments in international natural gas markets. It studies the competitive implications of heterogeneity in firm structure arising from asset specificity. A single-market focus confers advantage even in the absence of superior value or cost. Lower costs and a sharper organizational focus are self-enforcing in generating competitive advantage. The paper draws out the implications for core themes in strategy: the intensity of rivalry between firms, different routes to achieve competitive advantage and their interaction, as well as the degree of value capture across different markets. This establishes a novel connection between two of Porter’s generic strategies: cost leadership and focus. The model speaks to competition between pipeline gas and liquefied natural gas (LNG) in the post Fukushima context of intensive competition on global LNG market.

Pour toute information complémentaire, veuillez prendre contact avec les organisateurs:
Dominique Finon: finon@centre-cired.fr
François Lévêque: francois.leveque@ensmp.fr
Et Patrice Geoffron: patrice.geoffron@dauphine.fr

Actualités récentes

30ÈME SÉANCE DU SÉMINAIRE DE RECHERCHES EN ÉCONOMIE DE L’ÉNERGIE DE PARIS-SCIENCES-LETTRES

Évènements passés

Membres

Partenaires

Contact

Réseaux sociaux