DOAJ Open Access 2022

Nord Stream 2: A prelude to war

László Á. Kóczy Dávid Csercsik Balázs R. Sziklai

Abstrak

To understand the impact of keeping Nord Stream 2 off the map, we model the European natural gas market from the point of view of supply security. Focusing on the network aspects, we propose a novel framework to measure supply security, combining a linear programming approach with a risk assessment technique, expected shortfall (ES) borrowed from finance, particularly suited to measure extreme risk, such as the risk of failing pipelines.Shifting Russian gas exports from Ukraine to Nord Stream 2 increases risks for South-Eastern Europe, and the Trans-Anatolian and Trans-Adriatic Pipelines can only partially alleviate these changes.

Topik & Kata Kunci

Energy industries. Energy policy. Fuel trade

Penulis (3)

László Á. Kóczy

Dávid Csercsik

Balázs R. Sziklai

Format Sitasi

APA MLA BibTeX

Kóczy, L.Á., Csercsik, D., Sziklai, B.R. (2022). Nord Stream 2: A prelude to war. https://doi.org/10.1016/j.esr.2022.100982

Akses Cepat

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Informasi Jurnal

Tahun Terbit: 2022
Sumber Database: DOAJ
DOI: 10.1016/j.esr.2022.100982
Akses: Open Access ✓