Petroleum Science >2020,??Issue 1:??1-11 DOI: https://doi.org/10.1007/s12182-019-00400-5
Numerical modeling and assessment of natural gas pipeline separation in China: the data from Henan Province Open?Access
文章信息
作者：Jian-zhong Xiao, Wei-cheng Kong, Xiao-lin Wang, Ming Li
作者单位：
School of Economics and Management, China University of Geosciences, Wuhan, China; Resources and Environment Economic Research Center, China University of Geosciences, Wuhan, China;
投稿时间：2018-10-10
引用方式：Xiao, J., Kong, W., Wang, X. et al. Pet. Sci. (2019). https://doi.org/10.1007/s12182-019-00400-5
文章摘要
China’s natural gas market is focusing on price reform and aims to reconstruct vertically integrated industrial chains in the future. Based on the mixed complementarity problem model of gas markets with nodes in Henan Province, China, as an example, this paper applies numerical modeling to simulate the effects of social welfare and equilibrium prices on nodes in two scenarios: pipeline integration and pipeline separation. The findings reveal the following: (1) Pipeline separation yields greater overall social welfare than pipeline integration, with the welfare shifting from gas producers to consumption markets. (2) Pipeline separation lowers the equilibrium consumption prices by driving competition among gas supply sources. (3) Pipeline separation will increase the contribution of natural gas to primary energy.
关键词
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Natural gas, Market equilibrium, Mixed complementarity problem, Pipeline separation, Pipeline integration