Gas export pricing in Europe: how to balance ... - Konoplyanik.ru
Gas export pricing in Europe: how to balance ... - Konoplyanik.ru
Gas export pricing in Europe: how to balance ... - Konoplyanik.ru
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Pric<strong>in</strong>g of Non-Renewable Energy<br />
Resources: Ricardian vs. Hotell<strong>in</strong>g rent<br />
Ricardian rent + Hotell<strong>in</strong>g rent = Resource rent<br />
Price<br />
Economic growth<br />
Supply curve<br />
(cost of supply)<br />
Hotell<strong>in</strong>g<br />
rent<br />
Energy efficiency<br />
Under <strong>in</strong>fluence of consumers<br />
Replacement value-oriented<br />
price<br />
Ricardian rent<br />
Technology<br />
Demand curve<br />
Cost-oriented price<br />
Under <strong>in</strong>fluence of producers<br />
E&P (depletion policy)<br />
PC2<br />
PC1 Volume<br />
(Production capacity limit)<br />
A.<strong>Konoplyanik</strong>, UNECE <strong>Gas</strong> Work<strong>in</strong>g Group Experts Meet<strong>in</strong>g, Moscow, 30.03.2010 Slide 15