Structural Properties of Feasible Bookings in the European Entry-Exit Gas Market System

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Publication Details

Author(s): Schewe L, Schmidt M, Thürauf J
Publication year: 2018
Language: English


Abstract

In this work we analyze the structural properties of the set of feasible
bookings in the European entry-exit gas market system. We present
formal definitions of feasible bookings and then analyze properties that
are important if one wants to optimize over them. Thus, we study
whether the sets of feasible nominations and bookings are bounded,
convex, connected, conic, and star-shaped. The results depend on the
specific model of gas flow in a network. Here, we discuss a simple
linear flow model with arc capacities as well as nonlinear and
mixed-integer nonlinear models of passive and active networks,
respectively. It turns out that the set of feasible bookings has some
unintuitive properties. For instance, we show that the set is nonconvex
even though only a simple linear flow model is used.


FAU Authors / FAU Editors

Schewe, Lars PD Dr.
Economics - Discrete Optimization - Mathematics (EDOM)
Schmidt, Martin Prof. Dr.
Juniorprofessur für Optimierung von Energiesystemen
Thürauf, Johannes
Naturwissenschaftliche Fakultät


How to cite

APA:
Schewe, L., Schmidt, M., & Thürauf, J. (2018). Structural Properties of Feasible Bookings in the European Entry-Exit Gas Market System.

MLA:
Schewe, Lars, Martin Schmidt, and Johannes Thürauf. Structural Properties of Feasible Bookings in the European Entry-Exit Gas Market System. 2018.

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Last updated on 2018-17-12 at 14:48