Arbeitspapier

The geopolitical impact of Nord Stream 2

We investigate the geopolitical impact and the possible consequences of the construction of the Nord Stream 2 pipeline. We model the European gas network as a cooperative game between regions as players over the pipeline network, where LNG is also treated as a separate player. We focus on the change of influence of the players in three different scenarios. We investigate how the power of the agents shift when the Nord Stream pipeline is expanded, when the Ukrainian pipeline is shut down and finally when both of these happen. Our calculations show that when Nord Stream 2 is operational, Russia and Western Europe improve their position compared to the base scenario, while other suppliers, notably Norway, together with Central, Eastern and Southern Europe suffer losses, especially when the Ukrainian route is dismissed. The results highlight that both the supporters and adversaries of Nord Stream 2 are governed by self-interest and solidarity and trust, the values proclaimed by the EU and the Energy Union, remain but a slogan.

Sprache
Englisch

Erschienen in
Series: IEHAS Discussion Papers ; No. MT-DP - 2018/21

Klassifikation
Wirtschaft
Optimization Techniques; Programming Models; Dynamic Analysis
Energy: General
Thema
gas supply
pipeline network
Shapley value
cooperative games
Nord Stream

Ereignis
Geistige Schöpfung
(wer)
Kóczy, László Á.
Sziklai, Balázs
Dávid, Csercsik
Ereignis
Veröffentlichung
(wer)
Hungarian Academy of Sciences, Institute of Economics
(wo)
Budapest
(wann)
2018

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Kóczy, László Á.
  • Sziklai, Balázs
  • Dávid, Csercsik
  • Hungarian Academy of Sciences, Institute of Economics

Entstanden

  • 2018

Ähnliche Objekte (12)