Wind Power in a Natural Gas Environment: Hedge Value and Risk Analyses

ISBN: 9781631174278 出版年：2014 页码：100 Belinda Ernestine Nova Science

Expanding production of the United States’ vast shale gas reserves in recent years has put the country on a path towards greater energy independence, enhanced economic prosperity, and (potentially) reduced emissions of greenhouse gases and other pollutants. The corresponding expansion of gas-fired generation in the power sector – driven primarily by lower natural gas prices – has also made it easier and cheaper to integrate large amounts of variable renewable generation, such as wind power, into the grid. This book discusses the long-term hedge value of wind power and provides an analysis of wind and natural gas under different market structures.