Saving gas through cross-border renewable and nuclear electricity generation
In fossil fuel-driven electricity markets, gas power plants are mostly the price setting technology in peak demand hours. At the same time, gas technology has the role of balancing out the volatility of increasing shares of intermittent renewable generation. This interdependence, coupled with recent...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
IOP Publishing
2025-01-01
|
| Series: | Environmental Research Letters |
| Subjects: | |
| Online Access: | https://doi.org/10.1088/1748-9326/ada4c1 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1832589528780505088 |
|---|---|
| author | Christoph Halser Dogan Keles Florentina Paraschiv |
| author_facet | Christoph Halser Dogan Keles Florentina Paraschiv |
| author_sort | Christoph Halser |
| collection | DOAJ |
| description | In fossil fuel-driven electricity markets, gas power plants are mostly the price setting technology in peak demand hours. At the same time, gas technology has the role of balancing out the volatility of increasing shares of intermittent renewable generation. This interdependence, coupled with recent fears of supply shortages, raises the question how gas-fired generation can be replaced with carbon-free technologies. Controlling for fundamental supply and demand in the interconnected markets, we quantify the effect of intermittent renewable and nuclear generation in neighboring markets on the use of natural gas for electricity generation in Germany. Findings indicate that cross-border intermittent wind, PV, and nuclear generation significantly reduce the need for German gas. We further show Germany’s dependency on French cross-border nuclear energy to supplement the gas unavailability during the gas crisis period. We argue for larger market coupling and flexible generation alternatives and adaptive demand solutions including cross-border capacities for substituting gas when renewable generation is low across Europe. |
| format | Article |
| id | doaj-art-33186623e4f64e81bfdc79e4235ec6a5 |
| institution | Kabale University |
| issn | 1748-9326 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | IOP Publishing |
| record_format | Article |
| series | Environmental Research Letters |
| spelling | doaj-art-33186623e4f64e81bfdc79e4235ec6a52025-01-24T12:28:55ZengIOP PublishingEnvironmental Research Letters1748-93262025-01-0120202403510.1088/1748-9326/ada4c1Saving gas through cross-border renewable and nuclear electricity generationChristoph Halser0https://orcid.org/0000-0002-2009-4388Dogan Keles1https://orcid.org/0000-0002-9620-6294Florentina Paraschiv2https://orcid.org/0000-0001-5706-9947Norwegian University of Science and Technology , Business School, Klæbuveien 72, 7030 Trondheim, NorwayDepartment of Technology, Management and Economics, Technical University of Denmark , Produktionstorvet, Building 424, Kongens Lyngby 2800, DenmarkChair of Finance, Zeppelin University , Am Seemooser Horn 20, Friedrichshafen 88045, Germany; University of St. Gallen , Institute for Operations Research and Computational Finance, Bodanstrasse 6, CH-9000 St. Gallen, SwitzerlandIn fossil fuel-driven electricity markets, gas power plants are mostly the price setting technology in peak demand hours. At the same time, gas technology has the role of balancing out the volatility of increasing shares of intermittent renewable generation. This interdependence, coupled with recent fears of supply shortages, raises the question how gas-fired generation can be replaced with carbon-free technologies. Controlling for fundamental supply and demand in the interconnected markets, we quantify the effect of intermittent renewable and nuclear generation in neighboring markets on the use of natural gas for electricity generation in Germany. Findings indicate that cross-border intermittent wind, PV, and nuclear generation significantly reduce the need for German gas. We further show Germany’s dependency on French cross-border nuclear energy to supplement the gas unavailability during the gas crisis period. We argue for larger market coupling and flexible generation alternatives and adaptive demand solutions including cross-border capacities for substituting gas when renewable generation is low across Europe.https://doi.org/10.1088/1748-9326/ada4c1renewable energydecarbonizationgasnuclear energyelectricitytime series |
| spellingShingle | Christoph Halser Dogan Keles Florentina Paraschiv Saving gas through cross-border renewable and nuclear electricity generation Environmental Research Letters renewable energy decarbonization gas nuclear energy electricity time series |
| title | Saving gas through cross-border renewable and nuclear electricity generation |
| title_full | Saving gas through cross-border renewable and nuclear electricity generation |
| title_fullStr | Saving gas through cross-border renewable and nuclear electricity generation |
| title_full_unstemmed | Saving gas through cross-border renewable and nuclear electricity generation |
| title_short | Saving gas through cross-border renewable and nuclear electricity generation |
| title_sort | saving gas through cross border renewable and nuclear electricity generation |
| topic | renewable energy decarbonization gas nuclear energy electricity time series |
| url | https://doi.org/10.1088/1748-9326/ada4c1 |
| work_keys_str_mv | AT christophhalser savinggasthroughcrossborderrenewableandnuclearelectricitygeneration AT dogankeles savinggasthroughcrossborderrenewableandnuclearelectricitygeneration AT florentinaparaschiv savinggasthroughcrossborderrenewableandnuclearelectricitygeneration |