Impact of increased renewables on natural gas markets in eastern United States

作     者：Neha NANDAKUMAR Anuradha M.ANNASWAMY 

作者机构：Institute for DataSystemsand SocietyMassachusetts Institute of TechnologyCambridgeMAUSA Department of Mechanical EngineeringMassachusetts Institute of TechnologyCambridgeMAUSA 

出 版 物：《Journal of Modern Power Systems and Clean Energy》 (现代电力系统与清洁能源学报（英文）)

年 卷 期：2017年第5卷第3期

页      面：424-438页

核心收录：

学科分类：0202[经济学-应用经济学] 02[经济学] 020205[经济学-产业经济学] 

基　　金：supported by National Science Foundation(NSF)initiative Award(No.EFRI-1441301) 

主　　题：Natural gas markets Gas-fired generators Regression analysis Optimal auction model Volatility Gas prices 

摘      要：This paper explores the market structures of natural gas and electricity as well as the interdependence of natural gas prices and bids with increasing reliance on natural gas as the penetration of renewable energy resources increases in order to complement their intermittencies. In particular, the paper will attempt to answer the following two questions: What could the generation mix look like in 2030 with a renewable-rich generation landscape and how could this impact gas prices? How do gasfired generator(GFG) generation volatility, their prices,and their bids for gas change between 2015 and 2030 with increased penetration of renewables? In order to answer these questions, computational models are derived using forecasting and regression analysis tools and an auction model.