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@article{Sesini:2021:10.1016/j.energy.2021.121426,
author = {Sesini, M and Giarola, S and Hawkes, AD},
doi = {10.1016/j.energy.2021.121426},
journal = {Energy},
pages = {1--13},
title = {Strategic natural gas storage coordination among EU member states in response to disruption in the trans Austria gas pipeline: A stochastic approach to solidarity},
url = {http://dx.doi.org/10.1016/j.energy.2021.121426},
volume = {235},
year = {2021}
}
TY - JOUR
AB - The 2019 EU energy security agenda has led to the concept of solidarity: a coordinated response of Member States to “high-impact, low-probability” events jeopardizing the EU energy supply. At the core of this paper is a modeling analysis of storage as a non-market-based solidarity measure (the so-called strategic storage) considering whether it could be economically desirable to secure gas supply in case of disruption to the EU network. A two-stage stochastic cost minimization gas transport model was developed to study the short-term resilience of the network to supply shocks, such as a natural gas pipeline rupture, and the cost effective system response, in terms of transmission of gas flows, capacity use, and storage utilization in an interconnected gas system, taken the EU as a reference. Relative to a base scenario with no strategic storage, results show that gas import loss up to 80% on multiple different pipelines could lead to a +76% in total costs when no coordinated strategic storage is in place, compared with a −30% in total cost and a −60% in liquefied natural gas cost, when in use, emphasizing the cost-effectiveness achieved with strategic storage in securing energy to the system in emergency.
AU - Sesini,M
AU - Giarola,S
AU - Hawkes,AD
DO - 10.1016/j.energy.2021.121426
EP - 13
PY - 2021///
SN - 0360-5442
SP - 1
TI - Strategic natural gas storage coordination among EU member states in response to disruption in the trans Austria gas pipeline: A stochastic approach to solidarity
T2 - Energy
UR - http://dx.doi.org/10.1016/j.energy.2021.121426
UR - https://www.sciencedirect.com/science/article/pii/S0360544221016741?via%3Dihub
UR - http://hdl.handle.net/10044/1/90892
VL - 235
ER -
Email Greg Brina
Sustainable Gas Institute
14 Prince's Gardens
Imperial College London
South Kensington
London
SW7 1NA