Universität zu Köln

Schulte, Simon (2019). Essays on supply diversification of the European natural gas market. PhD thesis, Universität zu Köln.

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Abstract

This thesis provides four essays on the diversification of the European Union’s (EU) gas market. The essays focus on the different options for the EU to promote a diversified gas market: The first essay analyzes the effect of the Lithuanian LNG terminal that was built to diversify the Lithuanian natural gas market in 2014. By the terminal the Russian monopoly for natural gas supply to Lithuania was break down, resulting in lower gas prices. The second essay investigates the potential of the Southern Gas Corridor (SGC), a diversification project of the EU that connects natural gas resources from the Caspian Region via Turkey to the EU. The results imply that the SGC and Turkey’s role would be of only of minor importance for the EU, due to the high costs. Based on that investigation, the third essay looks at the market power of transit countries and quantifies the potential of market power that Turkey may exert within the SGC. Finally, the fourth essay investigates the EU diversification targets in general and estimates the economic effects of a realization up to 2025.

Item Type:	Thesis (PhD thesis)
Creators:	Creators Email ORCID ORCID Put Code Schulte, Simon schulte87@googlemail.com UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-103059
Date:	9 July 2019
Language:	English
Faculty:	Faculty of Management, Economy and Social Sciences
Divisions:	Externe Einrichtungen > An-Institute > Associated Institutes of the Faculty of Management, Economics and Social Sciences > Institute for Energy Economics
Subjects:	Economics
Uncontrolled Keywords:	Keywords Language Natural Gas English Diversification English Energy Economics English Energy Market Modelling English European Gas Market English Supply Diversification English Security of Supply English
Date of oral exam:	9 July 2019
Referee:	Name Academic Title Bettzüge, Marc Oliver Prof. Dr.
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/10305