Combining Energy Networks: The Impact of Europe's Natural Gas Network on Electricity Markets Until 2050
27 Pages Posted: 30 Jul 2013 Last revised: 19 Sep 2013
Date Written: July 1, 2013
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.
Keywords: Europe, electricity markets, natural gas markets, networks
JEL Classification: L94, L95, C61
Suggested Citation: Suggested Citation