The Ban on Long-Term Natural Gas Contracts for the European Union: A Double-Edged Sword?
Autor: | Zlata Sergeeva |
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Rok vydání: | 2023 |
DOI: | 10.30573/ks--2022-dp15 |
Popis: | Long-term natural gas contracts are necessary market instruments that provide supply security for customers and demand security for producers. Nevertheless, the European Commission recently announced a plan to ban long-term contracts for unabated fossil gas after 2049. This study shows that this plan may destabilize the market due to the lack of supply security for customers and demand security for producers. We find the following main results. |
Databáze: | OpenAIRE |
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