Multilevel mixed-integer nonlinear optimization for gas markets (B08) (2018 - 2022)

Third Party Funds Group - Sub project


Start date : 01.07.2018

End date : 30.06.2022

Website: https://trr154.fau.de/index.php/de/teilprojekte/b08

Overall project details

Overall project

TRR 154: Mathematical Modelling, Simulation and Optimisation Using the Example of Gas Networks (TRR 154) July 1, 2014 - July 1, 2017

Project details

Scientific Abstract

The main goal of this project is the development of mathematical methods for the solution of multilevel, mixed-integer, and nonlinear optimization models for gas markets. To this end, the focus is on a genuine four-level model of the entry-exit system that can be reformulated as a Bilevel model. The mathematical and algorithmic insights shall then be used to characterize market solutions in the entry-exit system and to compare them to system optima. Particular attention is paid to booking prices for entry or exit capacity.

Involved:

Veronika Grimm Project Leader Martin Schmidt Project Leader Thomas Kleinert Project Member

Contributing FAU Organisations:

Juniorprofessur für Optimierung von Energiesystemen Lehrstuhl für Volkswirtschaftslehre, insbesondere Wirtschaftstheorie

Funding Source

DFG / Sonderforschungsbereich / Transregio (SFB / TRR)

Research Areas

Microscope SVG Gas Markets Field of Research Microscope SVG Modelling and Optimization Field of Research