Work in Progress: Supplemental Material to Accompany

International Energy Markets

Understanding Pricing, Policies, and Profit, 2nd edition, 2015

Published by Pennwell Presshttp://dahl.mines.edu/index_files/image002.jpg

written by

Professor Emeritus Carol Dahl

cadahl@mines.edu

Mineral and Energy Economics Program

Senior Fellow

Payne Institute of Earth Resources

CSMDonkeyColorado School of Mines

 

Study Aids

 

 

Self tests

 

 

Keywords

 

 

Study Questions

 

 

Powerpoint Slides for Edition 1

 

 

Energy Glossary Links

 

 

Glossary

 

 

Errata 2nd Edition First Printing

 

 

Prerequisite Tools: For some material in the text, a basic understanding of algebra, calculus, probability and statistics, microeconomics, and macroeconomics is helpful. Here are some self tests to practice these tools:

 

 

Algebra

 

 

Calculus

 

 

Probability and Statistics

 

 

Microeconomics

 

 

Macroeconomics

 

 

Supplementary Material by Chapter

 

 

The Journey Starts

 

 

Chapter 1. Introduction

 

 

Introduction to Markets, Modeling and Policy

 

 

Chapter 2. Energy Lessons from the Past and Modeling the Future

 

 

Chapter 3. Perfect Competition and the Coal Industry

 

 

Coal Supply Chain, Phillips

 

 

Coal and Coal Mining Technology

 

 

Chapter 4. Energy Taxes, Subsidies, and Social Welfare Market Structure

 

 

Chapter 5. Natural Monopoly and Electricity Generation

 

 

Video Monopoly Example

 

 

Peak load pricing

 

 

Distributing Fixed Cost over Customer Classes

 

 

Sliding Plan, Price Cap, And Regulation By Performance Policies

 

 

Crew 1-Aversch Johnson Affect

 

 

Ramsey Pricing

 

 

Electricity Technology Box

 

 

Chapter 6. Deregulation-Privatization Electricity Sector

 

 

Chapter 7. Monopoly, Dominant Firm and OPEC

 

 

Chapter 8. Transaction Costs and U.S. Natural Gas Markets

 

 

Gas Storage Technology

 

 

Chapter 9. Monopsony - Japan and the Asia Pacific LNG Market

 

 

More on Bargaining and Negotiating

 

 

Chapter 10. Game Theory in W. European Natural Gas Market

 

 

Table 10.1 by Country

 

 

Table 10.2 by Country

 

 

Energy and the Environment

 

 

Chapter 11. Externalities and Energy Pollution

 

 

Valuing non-market goods and applying benefit transfer to geothermal development in Indonesia, Sumaiku.  

 

 

Chapter 12. Public Goods and Global Climate Change

 

 

More on Global Climate Policy

 

 

Table 12.1 by Country

 

 

Compare Cost Compact Fluorescent and Incandescent

 

 

Chapter 13. Energy Accidents

 

 

Dynamic Models and Model Inputs and Constraints

 

 

Chapter 14. Allocating Fossil Fuel Production over Time and Oil Leasing

 

 

Chapter 15. Supply and Costs

 

 

Chapter 16. Modeling Energy Demand

 

 

Chapter 17. Refining, Transportation, and Linear Programming

 

 

Solving a Refinery Problem with Excel Solver

 

 

Managing Risk

 

 

Chapter 18. Energy Futures Markets for Managing Risk

 

 

Using Another Product to Hedge

 

 

Pricing a Futures on an Asset Paying Income

 

 

Optimal Hedge Ratio

 

 

Spark Spread

 

 

Chapter 19. Energy Options Markets for Managing Risk

 

 

Graphing Option Spreads in Excel

 

 

Development and Sustainability

 

 

Chapter 20. Climbing the Energy/Development Ladder to a Sustainable Energy Future

 

 

Chapter 21. Sustainable Wealth in Fossil Fuel Rich Developing Countries

 

 

The End of the Journey

 

 

Chapter 22. Managing in the Multicultural World of Energy

 

 

Other:

 

 

Experience with Electric Bicycle Motor Wilderness Energy BD36 and BL36.

 

 

Demand Survey Update Work in Progress

 

 

Energy data links

 

 

Report on Gasoline Prices

 

 

Dahl, Carol A. (2007) "What Goes Down Must Come Up: A Review of the Factors behind Increasing Gasoline Prices, 1999-2006." Prepared for the American Petroleum Institute. Washington, D.C.

 

 

OPEC Behavior Literature Review by Ayed Al Qahtani

 

 

Al Qahtani Model

 

 

Last modified Februrary 6, 2016