This article is within the scope of WikiProject Electrical engineering, a collaborative effort to improve the coverage of
Electrical engineering on Wikipedia. If you would like to participate, please visit the project page, where you can join
the discussion and see a list of open tasks.Electrical engineeringWikipedia:WikiProject Electrical engineeringTemplate:WikiProject Electrical engineeringelectrical engineering articles
This article is within the scope of WikiProject Economics, a collaborative effort to improve the coverage of
Economics on Wikipedia. If you would like to participate, please visit the project page, where you can join
the discussion and see a list of open tasks.EconomicsWikipedia:WikiProject EconomicsTemplate:WikiProject EconomicsEconomics articles
This article is within the scope of WikiProject Climate change, a collaborative effort to improve the coverage of
Climate change on Wikipedia. If you would like to participate, please visit the project page, where you can join
the discussion and see a list of open tasks.Climate changeWikipedia:WikiProject Climate changeTemplate:WikiProject Climate changeClimate change articles
This article is within the scope of WikiProject Energy, a collaborative effort to improve the coverage of
Energy on Wikipedia. If you would like to participate, please visit the project page, where you can join
the discussion and see a list of open tasks.EnergyWikipedia:WikiProject EnergyTemplate:WikiProject Energyenergy articles
Does the "global studies" section make any sense now natural gas is no longer
fungible?
I mean now there is no longer a world market for gas, electricity from a gas-fired power plant in China will presumably cost a lot less as they buy cheap Russian gas? So there is no global cost of electricity from gas any more. So what benefit does the reader get from the section?
Chidgk1 (
talk)
18:03, 21 March 2022 (UTC)reply
There is still a world market for gas. Price differential between indexes have always existed, for example between
Brent crude and
WTI crude oil price indexes (see image). These generally occur when there are constraints in transport capacity, but also due to political reasons as in the current differential between Russian gas and other sources. Let's avoid
WP:RECENT and
WP:OR --
Ita140188 (
talk)
11:07, 22 March 2022 (UTC)reply
The difference in price of electricity by region is far larger than by source - regardless of whether it is solar, wind, hydro, nuclear or fossil.
Hobbitschuster (
talk)
11:34, 22 March 2022 (UTC)reply
That report title seems misleading - I cannot find the date but it seems to have been published before the world changed on 24 February 2022. So using that report would be like using an August 2001 report in October 2001, or using a July 1989 report in December 1989.
Chidgk1 (
talk)
18:17, 29 March 2022 (UTC)reply
Again, nothing new, commodity prices indexes have often substantially diverged before for different reasons. It's just that people weren't paying this much attention. --
Ita140188 (
talk)
07:12, 30 March 2022 (UTC)reply
I did not say it was new - I know gas was non-fungible before it was fungible. But it does not change between fungible and non-fungible often. This 2022 geopolitical change is as significant as the last in 2001 and the one before that in 1989. The world in 2023 will not be back like it was in 2021. Gas will not go back to being fungible again in the next few years. Because even under a new leader Europe will no longer trust Russia.
Chidgk1 (
talk)
16:26, 9 April 2022 (UTC)reply
That possibility depends on grid transmission constraints and real-time costs. Germany sometimes even has negative prices, because of high penetration of renewables. In those times, "selling" to Germany would actually mean having to pay. In Europe market prices mostly determine the level of production for power plants, after accounting for physical constraints such as transmission and ramp rates. --
Ita140188 (
talk)
13:26, 29 March 2022 (UTC)reply
Even from a technological standpoint, having "too much" electricity is almost as bad as having "too little". And if you have a
feed-in tariff system, you can't just reduce production in other energy sources. French nuclear power plants have come with the requirement for load following capability well in excess of that usually found in nuclear power plants since at least the 1980s and EU regulations for new builds are even more ambitious on this front - meaning the EPR can scale up and down far faster than coal power plants or comparable nuclear reactors or earlier generations or other suppliers...
Hobbitschuster (
talk)
19:52, 29 March 2022 (UTC)reply
I suggest removing this section. The LFSCOE are very new (2022) and controversial. The numbers come up with are dramatically different from the LCOE. They are based on controversial assumptions. I know they are used to justify Nuclear energy.
Mungbean (
talk)
16:11, 5 July 2024 (UTC)reply