Managing Natural Gas Price Volatility and Escalation: The Value of Renewable Energy

Date Published	03/2004
Publication Type	Conference Paper

Author	Ryan H Wiser
Abstract	Overview Renewable energy (RE) provides a hedge against volatile and escalating gas prices: Mitigates Fuel Price Risk: Long-term contracts for RE are typically offered on a fixed-price basis, unlike gas-fired generation contracts Reduces Natural Gas Prices: Increased RE reduces natural gas demand, and consequently puts downward pressure on gas prices Presentation includes an overview of natural gas price uncertainty, and discusses research on both of these possible benefits
Proceedings Title	NEMS/AEO 2004 Conference Washington, D.C. March 23, 2004
Conference Name	NEMS/AEO 2004 Conference Washington, D.C. March 23, 2004
Year of Publication	2004
Publisher	LBNL
Conference Location	Washington, D.C.
Keywords	Energy Markets and Policy Department Energy Analysis and Environmental Impacts Division
Organizations	Energy Markets and Planning Department Energy Analysis Division
Research Areas	Renewable Energy Cost, Benefit, and Market Analysis Bulk Power System Planning, Procurement and Market Processes
File(s)	PDF
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