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Combining Energy Networks: The Impact of Europe's Natural Gas Network on Electricity Markets until 2050

Author

Listed:
  • Lorenz, Casimir
  • Gerbaulet, Clemens
  • Holz, Franziska
  • Abrell, Jan

    (University of Basel)

  • Weigt, Hannes

    (University of Basel)

Abstract

The interdependence of electricity and natural gas is becoming a major energy policy and regulatory issue in all jurisdictions around the world. The increased role of gas fired plants in renewable-based electricity markets and the dependence on gas imports make this issue particular striking for the European energy market. In this paper we provide a comprehensive combined analysis of electricity and natural gas infrastructure with an applied focus. We analyze different scenarios of the long-term European decarbonization pathways sketched out by the Energy Roadmap 2050, and identify criteria related to electricity and/or natural gas infrastructure and the interrelation between both markets.

Suggested Citation

  • Lorenz, Casimir & Gerbaulet, Clemens & Holz, Franziska & Abrell, Jan & Weigt, Hannes, 2013. "Combining Energy Networks: The Impact of Europe's Natural Gas Network on Electricity Markets until 2050," Working papers 2013/10, Faculty of Business and Economics - University of Basel.
  • Handle: RePEc:bsl:wpaper:2013/10
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    References listed on IDEAS

    as
    1. Egging, Ruud & Gabriel, Steven A. & Holz, Franziska & Zhuang, Jifang, 2008. "A complementarity model for the European natural gas market," Energy Policy, Elsevier, vol. 36(7), pages 2385-2414, July.
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    4. Jan Abrell & Hannes Weigt, 2012. "Combining Energy Networks," Networks and Spatial Economics, Springer, vol. 12(3), pages 377-401, September.
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    8. Hannes Weigt & Jan Abrell, 2012. "Storage and Investments in a Combined Energy Network Model," EcoMod2012 4319, EcoMod.
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    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Anne Neumann & Juan Rosellón & Hannes Weigt, 2015. "Removing Cross-Border Capacity Bottlenecks in the European Natural Gas Market—A Proposed Merchant-Regulatory Mechanism," Networks and Spatial Economics, Springer, vol. 15(1), pages 149-181, March.

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    More about this item

    Keywords

    Europe; electricity markets; natural gas markets; networks;
    All these keywords.

    JEL classification:

    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis

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