The Economics of Natural Gas Storage

The Economics of Natural Gas Storage PDF

Author: Anna Cretì

Publisher: Springer Science & Business Media

Published: 2009-04-05

Total Pages: 123

ISBN-13: 3540794077

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I remember that the idea of this book emerged ?rst in Toulouse, during the Third Conference on Energy Markets – 3 years ago now. Anna Cret` ? gave a talk on a model dealing with seasonal gas storage in the USA, and Christian Von Hirschausen was her discussant. Both of them were devoting their efforts to understand the natural gas market in Europe and the relevant liberalization process. I found their interest in storage rather original, so I encouraged Anna to collect the most original cont- butions on this topic. Back in Milan with this idea in mind, she organized a working group at IEFE- Bocconi University, where she works. Then, during the following year, she - changed ideas and organized several meetings with the book’s contributors. She regularly invited the most important Italian gas sector representatives to these me- ings, to make sure that the economic models were well suited to tackle the issues at stake in the European gas industry.

Underground Gas Storage Facilities

Underground Gas Storage Facilities PDF

Author: Orin Flanigan

Publisher: Elsevier

Published: 1995-06-07

Total Pages: 193

ISBN-13: 0080543391

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You get information needed to evaluate a reservoir, determine the particular requirements of the job, and design a storage facility that will operate at its full potential. Underground Gas Storage Facilities combines background information with a systematic approach for examining a specific reservoir to determine the most appropriate day-to-day method of operation. It presents a thorough discussion of topics such as estimating customer requirements, types of storage, sizing of surface facilities, and estimating deliverability. Of particular interest is the section on the economics of storage design, which examines the specific cost factors involved and presents examples to determine an economically optimum design. Information and technical tools to evaluate a reservoir Determine the particular requirements of the job at hand Design a storage facility that will operate at its full potential

The Political Economy of Natural Gas

The Political Economy of Natural Gas PDF

Author: Ferdinand E. Banks

Publisher: Routledge

Published: 2017-09-05

Total Pages: 212

ISBN-13: 1351402439

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Originally published in 1987 this book presents a comprehensive survey of the global natural gas industry: it looks at the problems of supply, the pattern of demand, the economics of the industrya nd how the industry in the 1980s was being affected by changes in other energy sectors. As a key commodity in the world economy the supply of natural gas is increasingly affecting and changing international relations between importer and supplier countries: the siberian natural gas pipeline which supplies Soviet gas to Western Europe is a key example of the impact of natural gas on international relations and one which is discussed in the book.

Natural Gas

Natural Gas PDF

Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Competition, Foreign Commerce, and Infrastructure

Publisher:

Published: 2013

Total Pages: 60

ISBN-13:

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Underground Storage of Natural Gas

Underground Storage of Natural Gas PDF

Author: M.R. Tek

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 451

ISBN-13: 9400909934

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This book contains the proceedings of NATO Advanced Study Institute, 'Underground Storage of Natural Gas - Theory and Practice', which was held at The Middle East Technical University, Ankara, Turkey during 2-10 May 1988. Underground storage is the process which effectively balances a variable demand market with a desirably constant supply provided by pipelines. Storage reservoirs are the unique warehouses designed and developed to provide a ready supply of natural gas in response to high, peak demands during cold weather. The natural' gas is injected into the underground storage environment when the market demand falls below the supply available from the pipeline. It is withdrawn from the storage reservoir to supplement the steady supply provided by the pipelines whenever the demand exceeds the supply. The overall wellbeing of the entire western world in general and of the NATO member count ries in particular depend critically upon having sufficient energy resources. Of over 80 quad Btus of energy consumed each year in the western world, about 30~ comes from natural gas, a figure only exceeded by oil. The technology related to supply and demand of natural gas has been in the focus of long range energy planning during the last decade in Western Europe. In view of recent developments related to natural gas in Europe and Turkey, an "Advanced Study Institute" programme in Turkey on underground storage of natural gas was deemed particularly relevant and timely.

Underground Gas Storage

Underground Gas Storage PDF

Author: D. J. Evans

Publisher: Geological Society of London

Published: 2009

Total Pages: 304

ISBN-13: 9781862392724

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The UK became a net importer of natural gas in 2004 and by 2020 will import up to 90% of its requirements, leaving it vulnerable to increasing energy bills and risk of disruption to supply. New pipelines to Europe and improvements to interconnectors will meet some demand, but Government recognises the need for increased gas storage capacity: best met by the construction of underground storage facilities. Energy security has also raised the likelihood of a new generation of coal-fired power-stations, which to be environmentally viable, will require clean-coal technologies with near-zero greenhouse gas emissions. A key element of this strategy will be underground CO2 storage. This volume reviews the technologies and issues involved in the underground storage of natural gas and CO2, with examples from the UK and overseas. The potential for underground storage of other gases such as hydrogen, or compressed air linked to renewable sources is also reviewed.

The Impact of Selling the Federal Helium Reserve

The Impact of Selling the Federal Helium Reserve PDF

Author: National Research Council

Publisher: National Academies Press

Published: 2000-06-18

Total Pages: 98

ISBN-13: 0309070384

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The Helium Privatization Act of 1996 (P.L. 104-273) directs the Department of the Interior to begin liquidating the U.S. Federal Helium Reserve by 2005 in a manner consistent with "minimum market disruption" and at a price given by a formula specified in the act. It also mandates that the Department of the Interior "enter into appropriate arrangements with the National Academy of Sciences to study and report on whether such disposal of helium reserves will have a substantial adverse effect on U.S. scientific, technical, biomedical, or national security interests." This report is the product of that mandate. To provide context, the committee has examined the helium market and the helium industry as a whole to determine how helium users would be affected under various scenarios for selling the reserve within the act's constraints. The Federal Helium Reserve, the Bush Dome reservoir, and the Cliffside facility are mentioned throughout this report. It is important to recognize that they are distinct entities. The Federal Helium Reserve is federally owned crude helium gas that currently resides in the Bush Dome reservoir. The Cliffside facility includes the storage facility on the Bush Dome reservoir and the associated buildings pipeline.

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