The need for additional flexible electricity generation due to increasing utilization of intermittent renewables, and possible gas disputes between Russia and Ukraine are examples of changes in the electricity market that feed back into the gas market and vice versa. However, the link and the degree of substitutability between natural gas and electricity systems are largely uncharted. Jan Abrell, from ETH Zurich and Hannes Weigt, from the University of Basel close this gap by developing a coupled dynamic model that illustrates how investment decisions in gas and electricity markets show strong interdependence.
Gas and electricity investments: A costly uncoupling
Alessandro Rubino
Writing – Original Draft Preparation
2016-01-01
Abstract
The need for additional flexible electricity generation due to increasing utilization of intermittent renewables, and possible gas disputes between Russia and Ukraine are examples of changes in the electricity market that feed back into the gas market and vice versa. However, the link and the degree of substitutability between natural gas and electricity systems are largely uncharted. Jan Abrell, from ETH Zurich and Hannes Weigt, from the University of Basel close this gap by developing a coupled dynamic model that illustrates how investment decisions in gas and electricity markets show strong interdependence.File in questo prodotto:
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