Optimization of Purchase, Storage and Transmission Contracts for Natural Gas Utilities

William Avery, Gerald G. Brown, John A. Rosenkranz and R. Kevin Wood
Additional contact information
William Avery: Life Fitness Limited, Franklin Park, Illinois
Gerald G. Brown: Naval Postgraduate School, Monterey, California
John A. Rosenkranz: Boston Energy Associates, Boston, Massachusetts
R. Kevin Wood: Naval Postgraduate School, Monterey, California

Operations Research, 1992, vol. 40, issue 3, 446-462

Abstract: Natural gas utilities supply about a quarter of the energy needs of the United States. From wellhead to consumer, operations are governed by an astounding diversity of purchase, transport, and storage contract agreements which prepare a complex physical distribution system to meet future demands no more predictable than next year's weather. We present a decision support system based on a highly detailed optimization model used by utilities to plan operations which minimize cost while satisfying regulatory agencies. Applications at Southwest Gas Corporation are presented along with a case study at Questar Pipeline Corporation.“But thou, contracted to thine own bright eyes,Feed'st thy light's flame with self-substantial fuel” William Shakespeare, First Sonnet

Keywords: industries; petroleum/natural gas: purchase; storage and transmission contract analysis: programming; linear: applications (search for similar items in EconPapers)
Date: 1992
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Citations: View citations in EconPapers (14)

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