Research
Integrated Market for Electricity and Natural Gas : an integrated market for electricity and natural gas systems with stochastic power producers
Abstract
In energy systems with high shares of weather-driven renewable power sources, gas-fired power plants can serve as a back-up technology to ensure security of supply and provide short-term flexibility. Therefore, a tighter coordination between electricity and natural gas networks is foreseen. This paper examines different levels of coordination in terms of system integration and time coupling of trading floors.