"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...

Ausführliche Beschreibung

Bibliographische Detailangaben

Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Paris OECD Publishing and International Energy Agency 2002
Schlagworte:	Natural Gas Market Gas industry > Europe Supply and demand Erdgasversorgung Flexibilität Europa
Online-Zugang:	Volltext
Zusammenfassung:	"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.
Beschreibung:	1 Online-Ressource
ISBN:	9789264033917
DOI:	10.1787/9789264033917-en