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The Impact of Wind Power on European Natural Gas Markets

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  • Irene Vos

    (International Energy Agency)

Abstract

Due to its clean burning properties, low investment costs and flexibility in production, natural gas is often put forward as the ideal partner fuel for wind power and other renewable sources of electricity generation with strongly variable output. This working paper examines three vital questions associated with this premise: 1) Is natural gas indeed the best partner fuel for wind power? 2) If so, to what extent will an increasing market share of wind power in European electricity generation affect demand for natural gas in the power sector? and 3) Considering the existing European natural gas markets, is natural gas capable of fulfilling this role of partner for renewable sources of electricity?

Suggested Citation

  • Irene Vos, 2012. "The Impact of Wind Power on European Natural Gas Markets," IEA Energy Papers 2012/1, OECD Publishing.
    • Handle: RePEc:oec:ieaaaa:2012/1-en
    DOI: 10.1787/5k9h0wcvd2bs-en
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    Cited by:

    1. Wang, Qi & Zhang, Chunyu & Ding, Yi & Xydis, George & Wang, Jianhui & Østergaard, Jacob, 2015. "Review of real-time electricity markets for integrating Distributed Energy Resources and Demand Response," Applied Energy, Elsevier, vol. 138(C), pages 695-706.
    2. Arthur Henriot, 2012. "Market design with wind: managing low-predictability in intraday markets," RSCAS Working Papers 2012/63, European University Institute.
    3. Jean Michel Glachant & Arthur Henriot, 2013. "Melting-pots and salad bowls: the current debate on electricity market design for RES integration," Cambridge Working Papers in Economics 1354, Faculty of Economics, University of Cambridge.
    4. Keyaerts, Nico & Delarue, Erik & Rombauts, Yannick & D’haeseleer, William, 2014. "Impact of unpredictable renewables on gas-balancing design in Europe," Applied Energy, Elsevier, vol. 119(C), pages 266-277.
    5. Devlin, Joseph & Li, Kang & Higgins, Paraic & Foley, Aoife, 2016. "The importance of gas infrastructure in power systems with high wind power penetrations," Applied Energy, Elsevier, vol. 167(C), pages 294-304.
    6. Devlin, Joseph & Li, Kang & Higgins, Paraic & Foley, Aoife, 2017. "Gas generation and wind power: A review of unlikely allies in the United Kingdom and Ireland," Renewable and Sustainable Energy Reviews, Elsevier, vol. 70(C), pages 757-768.

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