Abstract
This study examines the impact of geopolitical risks on price exuberance within the European natural gas market. The analysis identifies several instances of price exuberance and demonstrates that increased geopolitical risk in Ukraine and the UK significantly heightens price exuberance, whereas in Russia, it mitigates its occurrence. Although geopolitical risks could significantly influence price exuberance in the European natural gas market, the effect differs across countries.
Original language | English |
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Number of pages | 6 |
Journal | Energy Research Letters |
Volume | 5 |
Early online date | 30 Nov 2024 |
DOIs | |
Publication status | E-pub ahead of print - 30 Nov 2024 |
Keywords
- geopolitical risks
- price exuberance
- Europe
- natural gas price
- Ukraine conflict
- gas prices
- GSADF test