The impact of potential-based physics models on pricing in energy networks

Beitrag in einer Fachzeitschrift


Details zur Publikation

Autorinnen und Autoren: Schewe L, Schmidt M
Zeitschrift: Central European Journal of Operations Research
Jahr der Veröffentlichung: 2019
ISSN: 1435-246X


Abstract

Pricing of access to energy networks is an important issue in liberalized energy sectors because of the natural monopoly character of the underlying transport infrastructures. We introduce a general pricing framework for potential-based energy flows in arbitrarily structured transport networks. In different specifications of our general pricing model we discuss first- and second-best pricing results and compare different pricing outcomes of potential-free and potential-based energy flow models. Our results show that considering nonlinear laws of physics leads to significantly different pricing results on networks and that these differences can only be seen in sufficiently complex, e.g., cyclic, networks as they can be found in real-world situations.


FAU-Autorinnen und Autoren / FAU-Herausgeberinnen und Herausgeber

Schewe, Lars PD Dr.
Lehrstuhl für Angewandte Mathematik (Gemischt-ganzzahlige lineare und nichtlineare Optimierung)
Schmidt, Martin Prof. Dr.
Juniorprofessur für Optimierung von Energiesystemen


Zitierweisen

APA:
Schewe, L., & Schmidt, M. (2019). The impact of potential-based physics models on pricing in energy networks. Central European Journal of Operations Research. https://dx.doi.org/10.1007/s10100-019-00616-1

MLA:
Schewe, Lars, and Martin Schmidt. "The impact of potential-based physics models on pricing in energy networks." Central European Journal of Operations Research (2019).

BibTeX: 

Zuletzt aktualisiert 2019-08-08 um 09:23