Bottlenecks in regional markets for natural gas transmission services

被引:10
作者
Marmer, Vadim
Shapiro, Dmitry
MacAvoy, Paul
机构
[1] Yale Univ, Dept Econ, New Haven, CT 06510 USA
[2] Univ British Columbia, Dept Econ, Vancouver, BC V5Z 1M9, Canada
关键词
bottlenecks; natural gas; gas pipeline network;
D O I
10.1016/j.eneco.2005.09.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this paper, we suggest a simple econometric procedure for identification of bottlenecks in the US natural gas pipelines network. We claim that there is a bottleneck between two nodes of the network if their spot gas prices are not co-integrated. Existence of bottlenecks is attributed to insufficient pipeline capacity between two such nodes. We find that the network is separated into three local markets: Northeast, Midwest and California. (c) 2005 Elsevier B.V. All rights reserved.
引用
收藏
页码:37 / 45
页数:9
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