Browsing RSCAS Working Papers by Author "HALLACK, Michelle"

Now showing items 1-10 of 10

Title:Gas network and market diversity in the US, the EU and Australia : a story of network access rights Author(s):GLACHANT, Jean-Michel; HALLACK, Michelle; VAZQUEZ, MiguelDate:2014Type:Working PaperSeries/Number:EUI RSCAS; 2014/33; Loyola de Palacio Programme on Energy PolicyAbstract:The institutional setting of open gas networks and markets is revealing considerably diverse and diverging roads taken by the US, the EU and Australia. We will show that this is explained by key choices made in the primary ...
Title:The new Brazilian oil regulation : an ex ante economic assessment Author(s):HALLACK, Michelle; LÉVÊQUE, FrançoisDate:2013Type:Working PaperSeries/Number:EUI RSCAS; 2013/48; Florence School of RegulationAbstract:Following the discovery of the pre-salt petroleum fields, Brazil changed the regulatory framework of the oil industry upstream. Its main objectives are three-fold: (i) increasing the government take; (ii) mitigating the ...
Title:Short-term allocation of gas networks in the EU and gas-electricity input foreclosure Author(s):VAZQUEZ, Miguel; HALLACK, MichelleDate:2013Type:Working PaperSeries/Number:EUI RSCAS; 2013/41; Loyola de Palacio Programme on Energy PolicyAbstract:Strategic interaction between gas and electricity sectors is a major issue in the implementation of competitive energy markets. One relevant aspect of the problem is the potential for input foreclosure between gas and power ...
Title:Interaction between gas and electricity market-based trading in the short run Author(s):VAZQUEZ, Miguel; HALLACK, MichelleDate:2013Type:Working PaperSeries/Number:EUI RSCAS; 2013/42; Loyola de Palacio Programme on Energy PolicyAbstract:Gas-fired power plants are increasingly used in the production of electricity, which in turn makes them a relevant part of the gas demand. In this paper, we investigate whether the current designs of gas and power markets ...
Title:Gas network and market : à la carte? Author(s):VAZQUEZ, Miguel; HALLACK, Michelle; GLACHANT, Jean-MichelDate:2013Type:Working PaperSeries/Number:EUI RSCAS; 2013/73; Loyola de Palacio Programme on Energy PolicyAbstract:The institutional setting of open gas networks and markets is revealing considerably diverse and diverging roads taken by the US, the EU or Australia. We will show that this is explained by key choices made in the ...
Title:Design of Auctions for Short-Term Allocation in Gas Markets Based on Virtual Hubs Author(s):VAZQUEZ, Miguel; HALLACK, MichelleDate:2012Type:Working PaperSeries/Number:EUI RSCAS; 2012/43; Loyola de Palacio Programme on Energy PolicyAbstract:Gas markets based on virtual hubs has been the preferred EU design. Such market designs are based on socializing network flexibility services. Nonetheless, shippers have different preferences about the network flexibility, ...
Title:The Impact of Who Decides the Rules for Network Use: A 'common pool' analysis of the investment dynamics in different gas network regulatory frames Author(s):HALLACK, Michelle; VAZQUEZ, MiguelDate:2012Type:Working PaperSeries/Number:EUI RSCAS; 2012/52; Loyola de Palacio Programme on Energy PolicyAbstract:The liberalization of the natural gas industry has been based on the idea that infrastructure may be used by different gas owners. Different players using the same resources can give raise to ‘commons dilemmas’, which are ...
Title:Building Gas Markets: US versus EU, market versus market model Author(s):VAZQUEZ, Miguel; HALLACK, Michelle; GLACHANT, Jean-MichelDate:2012Type:Working PaperSeries/Number:EUI RSCAS; 2012/10; Florence School of RegulationAbstract:The liberalization process of the gas sector has showed that the reasoning to introduce competition in gas industries separates the services in at least two groups: commodities with relatively low transaction costs, and ...
Title:The Gas Transportation Network as a ‘Lego’ Game: How to Play with It? Author(s):GLACHANT, Jean-Michel; HALLACK, MichelleDate:2010Type:Working PaperSeries/Number:EUI RSCAS; 2010/42; Loyola de Palacio Programme on Energy PolicyAbstract:Gas transportation networks exhibit a quite substantial variety of technical and economical properties ranges roughly from an entrenched natural monopoly to near to an open competition platform. This empirical fact is ...
Title:Gas Balancing Rules Must Take into Account the Trade-off between Offering Pipeline Transport and Pipeline Flexibility in Liberalized Gas Markets Author(s):KEYAERTS, Nico; HALLACK, Michelle; GLACHANT, Jean-Michel; D'HAESELEER, WilliamDate:2010Type:Working PaperSeries/Number:EUI RSCAS; 2010/71; Loyola de Palacio Programme on Energy PolicyAbstract:This paper analyses the value and cost of line-pack flexibility in liberalized gas markets through the examination of the techno-economic characteristics of gas transport pipelines and the trade-offs between the different ...