Electric Power and Natural Gas Synergism

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

Natural Gas-Based Power Plant

Division of Economics and Business Working Paper Series Natural Gas Contract Decisions for Electric Power

Natural gas power plants can further specify their procurement contracts with pipeline distributors using a firm contract option that guarantees delivery at an additional cost. Using transaction level data from 2008-2012 we empirically test what characteristics lead to use of firm contracts and how the premium for firm contracts changes with these characteristics. Using variation in power plant...

Short-term scheduling of a combined natural gas and electric power system with wind energy

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Integrated Natural Gas, Heat, and Power Dispatch Considering Wind Power and Power-to-Gas

A large amount of wind power has to be curtailed due to the inflexibility of the combined heat and power (CHP) system in the heating season in northern China. The power-to-gas (P2G) technology, which uses electricity to produce hydrogen or synthetic natural gas, has become a promising energy conversion option for the utilization of surplus power energy. In this paper, an integrated natural gas,...