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| DOI | 10.1016/j.enpol.2020.112046 |
| North American energy system responses to natural gas price shocks | |
| Brown M.; Siddiqui S.; Avraam C.; Bistline J.; Decarolis J.; Eshraghi H.; Giarola S.; Hansen M.; Johnston P.; Khanal S.; Molar-Cruz A. | |
| 发表日期 | 2021 |
| ISSN | 03014215 |
| 卷号 | 149 |
| 英文摘要 | As of 2020, North American natural gas extraction and use in the electricity sector have both reached all-time highs. The combination of North America's increased reliance on natural gas with a potential disruption to the natural gas market has several energy security implications. Additionally, policymakers interested in economic resiliency will find this study's results useful for informing the implications of the energy sectors' long-term planning and investment decisions. This paper evaluates how both the electricity and natural gas sectors could respond to hypothetical gas price shocks under different system configurations. We impose unforeseen natural gas price shocks under reference and alternative configurations resulting from a renewable generation mandate or variations to renewable capacity costs. Results from several different models are presented for the electricity and natural gas sectors separately for Canada, Mexico, and the United States. Generally, the US becomes more (less) reliant on electricity imports from Canada given a high (low) gas price shock but increases (decreases) exports to Mexico. The renewable mandate is demonstrated to buffer electricity price increases under high price shocks but price reductions under the low price shocks are dampened given less flexibility to take advantage of the low-priced natural gas. The United States is demonstrated to reduce natural gas production and net exports with high natural gas price shocks given a reduction in demand. © 2020 |
| 关键词 | Energy securityPrice shocksResilience |
| 英文关键词 | Energy security; Gases; Investments; Natural gas; Natural gas well production; Alternative configurations; Investment decisions; Natural gas extraction; Natural gas markets; Natural-gas production; Renewable generation; Security implications; System configurations; Gas industry; alternative energy; energy market; energy planning; energy policy; export; gas production; import; investment; natural gas; price dynamics; Canada; Mexico [North America]; United States |
| 语种 | 英语 |
| 来源期刊 | Energy Policy
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/205025 |
| 作者单位 | United States Department of Energy, National Renewable Energy Laboratory, United States; American University, Department of Environmental Science, United States; Johns Hopkins University, Department of Civil Engineering, United States; Electric Power Research Institute, United States; North Carolina State University, Department of Civil, Construction, and Environmental Engineering, United States; Imperial College London, Department of Earth Science and Engineering, United Kingdom; Canada Energy Regulator, Canada; Environment and Climate Change Canada, Canada; Technical University of Munich, Department of Electrical and Computer Engineering, Germany |
| 推荐引用方式 GB/T 7714 | Brown M.,Siddiqui S.,Avraam C.,et al. North American energy system responses to natural gas price shocks[J],2021,149. |
| APA | Brown M..,Siddiqui S..,Avraam C..,Bistline J..,Decarolis J..,...&Molar-Cruz A..(2021).North American energy system responses to natural gas price shocks.Energy Policy,149. |
| MLA | Brown M.,et al."North American energy system responses to natural gas price shocks".Energy Policy 149(2021). |
| 条目包含的文件 | 条目无相关文件。 | |||||
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