Revisiting the Long-Term Hedge Value of Wind Power in an Era of Low Natural Gas Prices
- Lawrence Berkeley National Laboratory (LBNL), Berkeley, CA (United States)
This report investigates the degree to which wind power can still serve as a cost-effective hedge against rising natural gas prices, given the significant reduction in gas prices in recent years, coupled with expectations that prices will remain low for many years to come.
- Research Organization:
- Lawrence Berkeley National Laboratory (LBNL), Berkeley, CA (United States)
- Sponsoring Organization:
- USDOE Office of Energy Efficiency and Renewable Energy (EERE), Renewable Power Office. Wind Energy Technologies Office
- DOE Contract Number:
- AC02-05CH11231
- OSTI ID:
- 1219928
- Report Number(s):
- LBNL--6103E; 6120
- Country of Publication:
- United States
- Language:
- English
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