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Gas release as a short term instrument to foster competition
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Autores
Chaton C.
Gasmi F.
Guillerminet M.-L.
Oviedo Arango, Juan Daniel
Fecha
2008
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Abstract
This paper develops a simple model for examining the gas-release programs as the unique tool to improve the performance of imperfectly competitive natural gas markets. We study the «artificial» duopoly effect created by first the incumbent and then by a regulator who introduces a gas-release program under both a partial and a global budget-balance constraint imposed on the incumbent. Calibration and simulation techniques are used to compare these scenarios under different assumptions on the way regulation is conducted. © Presses de Sciences Po.
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Keywords
Gas , release , short , term , instrument , to , foster , competition
