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Lumpy investment in regulated natural gas pipelines: an application of the theory of the second best
(Centro de Investigación y Docencia Económicas, División de Economía, 2008)
We address investment in regulated natural gas pipelines when investment is lumpy and the demand for gas is stochastic. This is a problem that can be solved in theory as a dynamic program, but a practical solution depends ...
Pricing liquid petroleum gas in Mexico
(Centro de Investigación y Docencia Económicas, División de Economía, 2001)
The economics of oil and gas in the Mexico are difficult and many of the issues involved are very subtle. It is not surprising that there is substantial misunderstanding of many of the issues involved. The difficulties ...
The political economy of solar energy
(Centro de Investigación y Docencia Económicas, División de Economía, 2006)
At the present time, solar power is not a competitive fuel for supplying electricity to the grid in the United States. However, an economic model developed by the U.S. National Renewable Energy Laboratory (NREL) forecasts ...
Quasi-rents and pricing gas in Mexico
(Centro de Investigación y Docencia Económicas, División de Economía, 2008)
In 1997, the Comisión Reguladora de Energía of Mexico implemented a netback rule for linking the Mexican natural gas price to the Texas price. At the time, the Texas price reflected a reasonably competitive market. Since ...
Pricing natural gas in Mexico
(Centro de Investigación y Docencia Económicas, División de Economía, 2001)
Natural gas in Mexico is produced by a state monopoly (Pemex). The price of gas at the Houston Ship Channel and the arbitration point between imported gas and gas produced in Mexico is used in a formula based on the netback ...