Make the most of your gas storage! Read our quarterly update about storage and swing contracts and benchmark your own valuations.
The Dutch government made a reservation of more than Euro 600 million to cover the costs of filling the 45TWh of gas storage Bergermeer. Now that the filling season is over, it appears that state finances will actually see a big plus thanks to advantageous market developments and the smart scheme that was put in place.
Flame 2020 was held entirely on-line this year. Cyriel de Jong from KYOS spoke about Pricing structures in LNG, view his presentation deck.
After negative oil prices, negative gas prices could become a reality in Europe. KYOS adapted all gas models to handle zero and negative prices
Read back the slides of the presentation Cyriel de Jong from KYOS gave at the Flame 2019 conference: Gas Storage Economics – Will volatility come back?
Are the high gas transport costs hampering the business case for Dutch gas storages? The ACM asked KYOS to investigate this situation.
Energy companies need to value and manage risks in their portfolios. To achieve this, advanced analytical models are key. Is your company using an in-house developed model? If the answer is yes, are you aware of the risk that your model may be biased?
In the last months the economic outlook for gas storage improved. The value of a gas storage depends largely on the volatility in the spot market, which increased substantially in the last months. When current market circumstances prolong, the outlook for gas storage improves significantly.
Cyriel de Jong has completely rewritten his chapter on gas storage pricing and hedging, which provides an excellent description of the best-practice trading and valuation strategies for gas storage.
Various approaches have been suggested for the valuation of gas storage. Of those approaches, the most general ones are based on Monte Carlo price simulations. These approaches allow the evaluation of different market trading strategies and different assumptions about the underlying price process.