Flexibility in Natural Gas Supply and Demand.

In most IEA Member countries, natural gas demand varies strongly during the year, according to temperature. Flexibility is needed to cover seasonal swings and variations in gas demand, especially for household customers. It is also needed to maintain short-term supply security in the case of a disruption of a supply source. Over the years, gas companies have devised a variety of flexibility tools, such as supply swing, storage and interruptible contracts. This enabled them to balance supply and demand by modifying volumes. Today, market liberalisation encourages the development of hubs and spo.  Read more...