These techniques, such as QRA, have helped several refining and power companies to enhance their strategic planning process and to make investment decisions that are adequately hedged against the project risks.doi:10.1016/j.egypro.2011.02.084Jos Sentjens...
In the near future, both China's investment and export would not grow as quickly as past and economy may even suffers potential contraction. Thus, these negative impacts have imposed some unpleasant infl uence on the city gas industry. In addition, other factors, like policy risks,price fl ...
Banks, fund managers and other investment teams focused on energy and related commodities, who require information to support their clients, as well as challenge in-house assumptions on market evolution to support hedging, risk management and planning. Government agencies, regulators Gas specialists seek...
Risk management and security of supply. As there are still considerable price-volatility and supply risks, investment in natural gas substitutes, such as biomethane, or alternatively in storage, can hedge against potential energy supply chain disruptions. In a higher gas-price world, the business ca...
The standard overall risk management approach for UGS operation includes three steps: 1) threat (or hazard) identification, 2) development of risk mitigation activities, and 3) development of investment plans to reduce or mitigate risk. As applied currently, this approach usually focuses on hazard ...
Closing the remaining 90 percent requires investment in new gas-fired power generation capacity, which typically takes about three to four years to permit and construct. Beyond power generation, gas could replace oil in the transport sector. In China, the transport sector accounts ...
The telecom activities of ENW were already relatively restricted and the company decided to withdraw from the telecom business when it became clear that a further development of this business demanded huge investment, which would heavily burden the company's development in energy business. From 1998 ...
dependence patterns between the prices of oil and gas, particularly in extreme conditions and given their fat tail behavior, is thus of paramount importance not only for energy-policy decision-making regarding consumption, production and investment, but also for portfolio risk management and hedging ...
Finally, the analysis models electric sector investment and operational decisions with full hourly temporal resolution, endogenous end-use decisions and load shapes, as well as a greater suite of technological options to better represent the economic characteristics of variable renewables, energy storage ...
In addition, ventures to develop oil and gas are subjected to risks due to considerable investment in resources, the intervention of many parties involved, the use of advanced technology, and high social and climate impacts [5]. It is very important to develop a model of risk factors that ...