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Flexibility in natural gas supply and demand
Cornot-Gandolphe, Sylvie (Author)

URLURL - Presentation file, Visit http://www.iea.org/textbase/nppdf/free/2000/gasflexibility2002.pdf This link opens in a new window

Abstract
"In most IEA Member countries, natural gas demand varies strongly during the year, according to temperature. Flexibility is needed to cover seasonal swings and variations in gas demand, especially for household customers. It is also needed to maintain short-term supply security in the case of a disruption of a supply source. Over the years, gas companies have devised a variety of flexibility tools, such as supply swing, storage and interruptible contracts. This enabled them to balance supply and demand by modifying volumes. Today, market liberalisation encourages the development of hubs and spot markets, where supply and demand can be balanced by the pricing mechanism. As a result, flexibility services are now offered and priced independently from the gas itself. Opportunities for arbitrage between gas and electricity have also emerged in countries where both sectors have been liberalised"--P. [4] of cover.

Language:English
Keywords:energetika, plin, ponudba, povpraševanje, trg, agencuje, fleksibilnost, energetics, gas, supply, demand, market, flexibility
Work type:Not categorized (r6)
Organization:EF - Faculty of Economics
Year:2002
Publisher:International Energy Agency
Number of pages:273 str.
Place:Paris
ISBN:978-92-64-19938-5
UDC:620.9
COBISS.SI-ID:18292198 Link is opened in a new window
Views:541
Downloads:126
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