Accounting for fuel price risk when comparing renewable to gas-fired generation: the role of forward natural gas prices

Greenhouse Gas Emissions from Fossil Fuel Fired Power Generation Systems

The Effect of Natural Gas Prices on Gas Consumption by Iranian Industries

Natural gas has an advantageous position compared to other energy carriers in policy making of energy consumption due to its many advantages, especially in terms of environmental indicators. In Iran, the industrial sector is considered as one of the important sectors of natural gas consumption. The main purpose of this paper is to investigate the relationship between natural gas prices and indu...

Renewable Natural Gas – Challenges & Opportunities

Background Renewable Natural Gas (RNG) is pipeline quality gas that is fully interchangeable with fossil natural gas but is produced from a renewable feedstock and can be used as a 100% substitute for, or blended with, conventional natural gas streams [1]. RNG is an important alternative fuel that can help the State of California meet several GHG and renewable energy targets. As a transportatio...

Globalization of the Natural Gas Market on Natural Gas Prices in Electric Power Generation and Energy Development

The natural hedge of a gas-fired power plant

Electricity industries worldwide have been restructured in order to introduce competition.As a result, decisionmakers are exposed to volatile electricity prices, which are positively correlated with those of natural gas in markets with price-setting gas-fired power plants. Consequently, gas-fired plants are said to enjoy a “natural hedge.” We explore the properties of such a built-in hedge for ...