Tariff approach to regulation of the European gas transportation system: Case of Nord Stream

Nord Stream 2 is one of the most discussed energy projects, which affects the economic and political interests of many countries, not only the direct participants. Despite some uncertainty, the project is highly likely to be completed. In this regard, it is important to understand what impact it wil...

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Autores principales: Vadim Fetisov, Pavel Tcvetkov, Johannes Müller
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Lenguaje:EN
Publicado: Elsevier 2021
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Acceso en línea:https://doaj.org/article/d672e68f9e1b4a9eb4fb652c624df316
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spelling oai:doaj.org-article:d672e68f9e1b4a9eb4fb652c624df3162021-11-26T04:32:45ZTariff approach to regulation of the European gas transportation system: Case of Nord Stream2352-484710.1016/j.egyr.2021.08.023https://doaj.org/article/d672e68f9e1b4a9eb4fb652c624df3162021-11-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2352484721006260https://doaj.org/toc/2352-4847Nord Stream 2 is one of the most discussed energy projects, which affects the economic and political interests of many countries, not only the direct participants. Despite some uncertainty, the project is highly likely to be completed. In this regard, it is important to understand what impact it will have on the European gas market. This article proposes a simulation model for calculating the total cost of construction of the Nord Stream 2 and determines the cost of natural gas. It was concluded that Nord Stream 2 has an economic advantage overliquified natural gas (LNG) delivery schemes, a strategic value for the economies of the EU countries and will ensure the stability of gas supply, which is undoubtedly a priority for European energy policy.Vadim FetisovPavel TcvetkovJohannes MüllerElsevierarticleGas pipelineNord StreamGas energyOffshore gas pipelineEnergy securityNatural gasElectrical engineering. Electronics. Nuclear engineeringTK1-9971ENEnergy Reports, Vol 7, Iss , Pp 413-425 (2021)
institution DOAJ
collection DOAJ
language EN
topic Gas pipeline
Nord Stream
Gas energy
Offshore gas pipeline
Energy security
Natural gas
Electrical engineering. Electronics. Nuclear engineering
TK1-9971
spellingShingle Gas pipeline
Nord Stream
Gas energy
Offshore gas pipeline
Energy security
Natural gas
Electrical engineering. Electronics. Nuclear engineering
TK1-9971
Vadim Fetisov
Pavel Tcvetkov
Johannes Müller
Tariff approach to regulation of the European gas transportation system: Case of Nord Stream
description Nord Stream 2 is one of the most discussed energy projects, which affects the economic and political interests of many countries, not only the direct participants. Despite some uncertainty, the project is highly likely to be completed. In this regard, it is important to understand what impact it will have on the European gas market. This article proposes a simulation model for calculating the total cost of construction of the Nord Stream 2 and determines the cost of natural gas. It was concluded that Nord Stream 2 has an economic advantage overliquified natural gas (LNG) delivery schemes, a strategic value for the economies of the EU countries and will ensure the stability of gas supply, which is undoubtedly a priority for European energy policy.
format article
author Vadim Fetisov
Pavel Tcvetkov
Johannes Müller
author_facet Vadim Fetisov
Pavel Tcvetkov
Johannes Müller
author_sort Vadim Fetisov
title Tariff approach to regulation of the European gas transportation system: Case of Nord Stream
title_short Tariff approach to regulation of the European gas transportation system: Case of Nord Stream
title_full Tariff approach to regulation of the European gas transportation system: Case of Nord Stream
title_fullStr Tariff approach to regulation of the European gas transportation system: Case of Nord Stream
title_full_unstemmed Tariff approach to regulation of the European gas transportation system: Case of Nord Stream
title_sort tariff approach to regulation of the european gas transportation system: case of nord stream
publisher Elsevier
publishDate 2021
url https://doaj.org/article/d672e68f9e1b4a9eb4fb652c624df316
work_keys_str_mv AT vadimfetisov tariffapproachtoregulationoftheeuropeangastransportationsystemcaseofnordstream
AT paveltcvetkov tariffapproachtoregulationoftheeuropeangastransportationsystemcaseofnordstream
AT johannesmuller tariffapproachtoregulationoftheeuropeangastransportationsystemcaseofnordstream
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