A system to evaluate gas network capacities: Concepts and implementation
Benjamin Hiller,
Thorsten Koch,
Lars Schewe,
Robert Schwarz and
Jonas Schweiger
European Journal of Operational Research, 2018, vol. 270, issue 3, 797-808
Abstract:
In 2005 the European Union liberalized the gas market with a disruptive change and decoupled trading of natural gas from its transport. The gas is now transported by independent so-called transmissions system operators or TSOs. The market model established by the European Union views the gas transmission network as a black box, providing shippers (gas traders and consumers) the opportunity to transport gas from any entry to any exit. TSOs are required to offer the maximum possible capacities at each entry and exit such that any resulting gas flow can be realized by the network. The revenue from selling these capacities is more than one billion Euro in Germany alone, but overestimating the capacity might compromise the security of supply. Therefore, evaluating the available transport capacities is extremely important to the TSOs.
Keywords: OR in energy; Natural gas network optimization; Entry-exit model; Transport network capacity; Large-scale mixed-integer nonlinear programming (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (7)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:270:y:2018:i:3:p:797-808
DOI: 10.1016/j.ejor.2018.02.035
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