Ensuring Reliable Natural Gas-Fired Power Generation with Fuel Contracts and Storage
- National Energy Technology Lab. (NETL), Albany, OR (United States)
This report finds that natural gas-fired power plants purchase fuel both on the spot market and through firm supply contracts; there do not appear to be clear drivers propelling power plants toward one or the other type. Most natural gas-fired power generators are located near major natural gas transmission pipelines, and most natural gas contracts are currently procured on the spot market. Although there is some regional variation in the type of contract used, a strong regional pattern does not emerge. Whether gas prices are higher with spot or firm contracts varies by both region and year.
- Research Organization:
- National Energy Technology Laboratory (NETL), Pittsburgh, PA, Morgantown, WV, and Albany, OR (United States)
- Sponsoring Organization:
- USDOE Office of Fossil Energy (FE)
- DOE Contract Number:
- FE0025912
- OSTI ID:
- 1505809
- Report Number(s):
- DOE/NETL-2017/1816
- Country of Publication:
- United States
- Language:
- English
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