7. A Development of energy
cost from 2010 to 2030 and beyond
Objectives: The future cost of fossil
fuels will increase. “Easy”
oil and gas reserves have been exploited.
New fields are located in more difficult
terrain and are more distant from the
markets.
Coal needs CCS to meet the environmental
needs. Renewables are getting cheaper
but most forms will probably not be
competitive in the short term. Nuclear
is back on stage, now cheap but with
increasing construction costs, while
safety and environmental measures might
make this energy form more expensive.
Therefore cost development will have
a huge impact on the future energy demand
and supply.
For this topic we look for realistic
analyses of the development of cost
of all main energy sources, to provide
a coherent view at this subject. Special
attention should be paid to the position
of natural gas.
Key words: Energy cost – Renewables
- Unconventional fossil fuels.
7. B Price elasticity of demand
Objectives: Estimates of the price elasticity
of natural gas demand can provide the
answer to how consumers will react to
price changes. Natural gas markets have
so far been characterised as regional
markets, and a lot of research work
has been done on national and regional
level. Markets are increasingly integrated
as LNG trade is beginning to dynamically
link global gas consumption. The question
we are seeking authors to address is
how current knowledge can be used in
a global context and what new research
is needed to fully understand how regional
differences will influence both short
and long term trade flows.
Key words: Price elasticity - Gas
demand, Global gas trade.
7. C Sustainability of multiple
pricing systems in an integrated market
Objectives: There are many different
gas pricing principles in use around
the world. Examples of gas pricing mechanisms
or models include: oil price escalation;
escalation link to competing fuels,
gas to gas competition; netback from
final product, regulation on a cost
of service basis and regulation below
cost. At the same time, gas markets
are becoming increasingly integrated
through new pipeline networks and through
a growing LNG trade. The papers should
address issues related to the sustainability
of multiple pricing systems in an integrated
and global gas market.
Key words: Gas pricing principles
- Oil and gas link - Globalisation
7. D The future rationale for
linking gas price to oil price in long
term contracts
Objectives: Oil price escalation is
the dominant pricing principle in Continental
Europe and Asia. It means that gas price
is contractually linked to oil or oil
products. In Europe, it is typically
linked to gas oil and/or fuel oil, while
in Asia to crude oil. This link has
been questioned both by regulators and
consumers, and the papers should address
the future rationale for linking gas
price to oil price. What could a decoupling
imply for price levels, inter-fuel competition,
and attractiveness of future investments
in new gas value chains, compared to
alternative investments in oil projects?
Key words: Oil gas link - Inter-fuel
competition - Capacity investments
7. E Gas Industry – Commercial
challenges and strategies.
Objectives: Authors are invited to address
commercial and development challenges
facing the gas industry to 2030, including
topics like:
· Evolution of the supply demand
envelopes for the major markets
· Scale of investment required
in new infrastructure
· Emerging landscape of industry
leaders
· Strategic responses to the
changes
Particular case studies are especially
welcome.
Key words: Gas development –
Strategy – Investment
7. F Security of Supply –
Regulation, Economics, and Markets
Objectives: In this forum we intend
to tackle the issues related to emerging
concerns over security of supply. Topics
to be addressed by the papers include:
· Impact assessments, particularly
on assets, markets, and economics
· Regulatory responses and proposed
solutions
· Competing and balancing pressures:
security of supply - increased costs
- extension of competition
Particular case studies are especially
welcome.
Key words: Security of supply –
Regulation – Investments - Markets
|