The article deals with the effects of production and consumption decentralization on gas markets. It results in a radical change of the energy markets structure, the roles of its actors, their business competences and the dominant trading mechanisms. The main reason causing the process of decentralization is implementation of new disruptive technologies, which provide incremental growth of renewables share in the energy mix, form an interactive business environment and determine the energy transition from a commodity to a service concept. These transformations create new quality characteristics of gas demand in the power sector that should be considered by producers and suppliers. Flexible gas and energy products in the power sector are expected to be in high demand to comply the targets of decentralized energy concept with considerable share of renewables. At the same time, the authors note the change of competition nature in gas markets. In addition to competition between gas and renewables, between gas from different suppliers, including increasing prospects of LNG and unconventional gas, there will a new type of competition, namely among different gas energy products. The suppliers will be competing to meet to the fullest extent possible the needs of consumers in the necessary directions, terms and delivery time. The understanding of this perspective, besides the general theoretical interest, is important in terms of assessing the competitiveness of Russian gas in the world natural gas markets in the next decades. Special attention should be paid on the transformation of the Russian gas export strategy to European direction to manage the newly emerging risks, especially the loss of revenue from gas export to Europe. Actors of gas markets have either challenges or new opportunities under mentioned transformations.
energy markets, renewable energy, energy transition, transactive energy, demand response, smart grid, prosumers, disintermediation, gas and energy products
1. Starn J. Germans Could Be Paid to Use Electricity This Weekend. Bloomberg, 26.10.2017. Available at: https://www.bloomberg.com/news/articles/2017-10-26/record-wind-will-force-germany-to-pay-power-users-this-weekend (accessed 30.10.2017).
2. Eremin S.V., Bulavatskii I.A., Prirodnyi gaz v elektroenergetike: novye vozmozhnosti maksimizatsii pribyli gazoenergeticheskikh kompanii [Natural gas in the electric power industry: new opportunities for maximizing profits of energy companies]. Neft’, gaz i biznes, 2016, no. 7, pp. 63-71.
3. Randall T. The Way We Get Electricity Is about to Change Forever. Bloomberg, 23.06.2015. Available at: https://www.bloomberg.com/news/articles/2017-09-13/the-way-we-get-electricity-is-about-to-change-forever (accessed 15.09.2017).
4. Smirnov S. Iskopaemoe toplivo ne vyderzhit konkurentsii s solnechnoi energiei [Fossil fuels can’t compete with solar energy]. Vedomosti, 24.06.2015. Available at: https://www.vedomosti.ru/business/articles/2015/06/24/597798-iskopaemoe-toplivo-ne-viderzhit-konkurirentsii-s-solnechnoi-energiei-bloomberg (accessed 14.09.2017).
5. Hirtenstein A. Batteries Storing Power Seen as Big as Rooftop Solar in 12 Years. Bloomberg, 13.06.2016. Available at: http://www.bloomberg.com/news/articles/2016-06-13/batteries-storing-power-seen-as-big-as-rooftop-solar-in-12-years (accessed 08.10.2017).
6. Widergren S. Transactive Energy for Distributed Resource Integration. Pacific Northwest National Laboratory IEA Symposium on Demand Flexibility and RES Integration. Linz (Austria), 09.05.2016. Available at: http://www.ieadsm.org/wp/files/IEA-Symposium-TransactiveEnergy-Widergren.pdf (accessed 01.10.2017).
7. Rogers R. Transactive Energy Isn’t Your Grandpa’s Power Grid. Worldwatch Institute, 2013. Available at: http://blogs.worldwatch.org/revolt/transactive-energy-isnt-your-grandpas-power-grid (accessed 05.10.2017).
8. The Power to Choose. Demand Response in Liberalized Electricity Markets. Paris, International Energy Agency, 2003. 156 р. Available at: https://www.schneider-electric.us/documents/solutions1/demand-response-solutions/powertochoose_2003.pdf (accessed 08.10.2017).
9. Feilberg N. Basis for Demand Response. Efflocom Project Deliverable 1. Trondheim, Sintef Energy Research, November 2003. 6 p.
10. International Energy Agency. Technology Roadmap. Smart Grids. 2011. 52 p. Available at: https://www.iea.org/publications/freepublications/publication/smartgrids_roadmap.pdf (accessed 11.10.2017).
11. Stennikov V.A., Voropai N.I. Tsentralizovannaya i raspredelennaya generatsiya – ne al’ternativa, a integratsiya [Centralized and Distributed Generation is not an Alternative, but Integration]. Institut sistem energetiki im. L.A. Melent’eva SO RAN. 19 p. Available at: http://energystrategy.ru/projects/Energy_21/4-2.pdf (accessed 25.09.2017).
12. International Energy Agency. Getting Wind and Sun onto the Grid. A Manual for Policy Makers. Insight Series 2017. 69 p. Available at: https://www.iea.org/publications/insights/insightpublications/Getting_Wind_and_Sun.pdf (accessed 04.09.2017).
13. The Oxford Institute for Energy Studies. Transformation of the Electricity Sector: Technology, Policy and Business Models. February 2016, p. 10. Available at: https://www.oxfordenergy.org/wpcms/wp-content/uploads/2016/03/OEF-104.pdf (accessed 06.11.2017).
14. Paraskova T. The Next Big Digital Disruption in Energy. Available at: https://oilprice.com/Energy/Energy-General/The-Next-Big-Digital-Disruption-In-Energy.html (accessed 12.10.2017).
15. Eremin S.V. Novaya model’ rynka prirodnogo gaza ES: vyzovy i vozmozhnosti dlya Rossii [New Model of EU Natural Gas Market: Challenges and Opportunities for Russia]. Nauchnyi zhurnal Rossiiskogo gazovogo obshchestva, 2017, no. 2, pp. 3-10.
16. Telegina E.A., Tyrtyshova D.O. Prirodnyi gaz v usloviyakh dekarbonizatsii evropeiskogo energeticheskogo rynka: faktory ogranicheniya i mery adaptatsii [Prospects of Natural Gas in Decarbonising European Energy Markets: Challenges and Strategy]. Neft’, gaz i biznes, 2017, no. 11, pp. 38-43.
Registered in system SCIENCE INDEX