Towards the concept of gas-to-power demand response

Markus Hilbert (), Andreas Kleine () and Andreas Dellnitz ()
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Markus Hilbert: FernUniversität in Hagen
Andreas Kleine: FernUniversität in Hagen
Andreas Dellnitz: Leibniz FH School of Business

Journal of Business Economics, 2024, vol. 94, issue 1, No 4, 113-135

Abstract: Abstract Due to the war in Ukraine, the European Commission has released its “Save Gas for a Safe Winter” plan, communicating the goal of reducing gas consumption in the electricity sector, among others. In this paper, the gas consumption in the electricity sector is picked up and the well-established concept of demand response is brought into alignment with the consumption of gas in the electricity sector, leading to the concept of gas-to-power demand response. Two proposed programs based on this concept are then applied in a production planning approach that shows how companies could proactively contribute to easing the tense situation in Europe, particularly in Germany, especially using methods such as scheduling and/or lot-sizing. This article is intended to serve as a basis for further discussions in the political and economic sectors.

Keywords: Demand response; Operations research; War; Gas-fired electricity generation; Gas-to-power (search for similar items in EconPapers)
JEL-codes: C61 M11 Q4 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s11573-023-01151-x

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