%0 Conference Paper
%K Energy Markets and Policy Department
%K Energy Analysis and Environmental Impacts Division
%A Ryan H Wiser
%B NEMS/AEO 2004 Conference Washington, D.C. March 23, 2004
%C Washington, D.C. 
%D 2004
%I LBNL
%T Managing Natural Gas Price Volatility and Escalation: The Value of Renewable Energy
%8 03/2004
%X <p>Overview Renewable energy (RE) provides a hedge against volatile and escalating gas prices:</p><ul><li>Mitigates Fuel Price Risk: Long-term contracts for RE are typically offered on a fixed-price basis, unlike gas-fired generation contracts</li><li>Reduces Natural Gas Prices: Increased RE reduces natural gas demand, and consequently puts downward pressure on gas prices</li><li>Presentation includes an overview of natural gas price uncertainty, and discusses research on both of these possible benefits</li></ul>