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Ensuring the resilience, reliability, flexibility, and affordability of the U.S. electric grid is increasingly important as the country addresses climate change and an aging infrastructure. State and federal policy and actions by industry, non-profits, and others create a dynamic framework for achieving these goals. Three principle low-carbon generation technologies have formed the basis for multiple scenarios leading toward a low-carbon, resilient, and affordable power system. While there is no “silver bullet,” one avenue identified by key stakeholders is the opportunity to invest in natural gas (NG) and renewable resources, both of which offer abundant domestic resource bases and contribute to energy independence, carbon mitigation, and economic growth. NG and renewable electricity (RE) have traditionally competed for market share in the power sector, but there is a growing experience base and awareness for their synergistic use (Cochran et al. 2014). Building upon these observations and previous work, the Joint Institute for Strategic Energy Analysis (JISEA), in collaboration with the Center for the New Energy Economy and the Gas Technology Institute, convened a series of workshops in 2014 to explore NG and RE synergies in the U.S. power sector. This report captures key insights from the workshop series, Synergies of Natural Gasmore » and Renewable Energy: 360 Degrees of Opportunity, as well as supporting economic valuation analyses conducted by JISEA researchers that quantify the value proposition of investing in NG and RE together as complements.« less

Pathways to Decarbonization. Natural Gas and Renewable Energy. Lessons Learned from Energy System Stakeholders