8571 Natural Gas Swaps

Because of the high volatility of North American natural gas prices (40% annualized price volatility) and the increasing use of natural gas futures to manage short-term price risk, the natural gas swap market took off during

1992 and continued to grow through the 1990s. Both natural gas producers and consumers, such as utilities and cogenerators, are becoming involved in swaps to protect themselves from adverse price movements. The emergence and growth of natural gas swap brokers during the latter half of 1992 only confirmed the high level of activity in this market. Electricity swap brokers emerged significantly during 1995 to further market price transparency.

Solar Stirling Engine Basics Explained

Solar Stirling Engine Basics Explained

The solar Stirling engine is progressively becoming a viable alternative to solar panels for its higher efficiency. Stirling engines might be the best way to harvest the power provided by the sun. This is an easy-to-understand explanation of how Stirling engines work, the different types, and why they are more efficient than steam engines.

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