BookFlexibility in natural gas : supply and demand
Personal name
Main title
- Flexibility in natural gas : supply and demand.
Published/Created
- Paris : OECD/IEA, c2002.
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Description
- 273 p. : ill., map ; 23 cm.
ISBN
- 9264199381
LC classification
- HD9581.E82 C67 2002
Related names
Summary
- "In most IEA Member countries, natural gas demand varies strongly during the year, according to temperature. Flexibility is needed to cover seasonal swings and variations in gas demand, especially for household customers. It is also needed to maintain short-term supply security in the case of a disruption of a supply source. Over the years, gas companies have devised a variety of flexibility tools, such as supply swing, storage and interruptible contracts. This enabled them to balance supply and demand by modifying volumes. Today, market liberalisation encourages the development of hubs and spot markets, where supply and demand can be balanced by the pricing mechanism. As a result, flexibility services are now offered and priced independently from the gas itself. Opportunities for arbitrage between gas and electricity have also emerged in countries where both sectors have been liberalised"-P. [4] of cover.
Subject keywords
- Natural Gas Market;
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Notes
- "The main author of this book is Sylvie Cornot-Gandolphe. Ralph Dickel, Head of the Energy Diversification Division, directed the project and provided valuable input and advice"--P. 5.
- Includes bibliographical references (p. 269-273).
LCCN
- 2003469216
Dewey class no.
- 333.8/2311/094
Other system no.
- (OCoLC)ocm51306428
Type of material
- Book
Item Availability
CALL NUMBER
- HD9581.E82 C67 2002
- Copy 1
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- Jefferson or Adams Building Reading Rooms
Status
- Not Charged