Search

Begin New Search
Proceed to Checkout

Search Results for All:
(Showing results 1 to 2 of 2)



Canadian Natural Gas Exports, Domestic Gas Prices, and Future Gas Supply Costs

John Rowse

Year: 1987
Volume: Volume 8
Number: Number 2
DOI: 10.5547/ISSN0195-6574-EJ-Vol8-No2-4
View Abstract

Abstract:
Exports of Canadian natural gas hasten the day when Canadians must pay higher gas prices. Hence the desirability of exporting natural gas is strongly affected by current and future supply costs. In this paper I analyze the interaction of Canadian gas exports, domestic gas prices, and future gas supply costs using a multitemporal nonlinear optimization model of natural gas allocation. Maximizing the present value of Canadian consumer plus producer surplus and net revenues from export sales, this model allows for the spatial dispersion of gas reserves and domestic markets, the spatial dispersion of U.S. markets, differing recovery profiles for different supply options, and rising marginal costs of conventional gas supplies.



On Hyperbolic Discounting in Energy Models: An Application to Natural Gas Allocation in Canada

John Rowse

Year: 2008
Volume: Volume 29
Number: Special Issue
DOI: 10.5547/ISSN0195-6574-EJ-Vol29-NoSI-8
View Abstract

Abstract:
Recent work on time discounting involves hyperbolic discounting, in which the marginal discount rate shrinks over time. This work examines hyperbolic discounting and energy resource allocation utilizing a complex dynamic optimization model of natural gas allocation for British Columbia, Canada. Four hyperbolic and three conventional (constant annual) discount rate paths are considered. Focus is placed on the consequences: of using one hyperbolic discount rate path when another hyperbolic path is appropriate, of using conventional discounting when hyperbolic discounting is appropriate, and of using hyperbolic discounting when conventional discounting is appropriate. The generality and implications of the findings are also considered.





Begin New Search
Proceed to Checkout

 

© 2024 International Association for Energy Economics | Privacy Policy | Return Policy