Abstract
In accordance with the reform policy of the Federal Energy Regulatory Commission, open access to natural gas pipeline networks should allow large customers an opportunity to compete for cost-effective natural gas supplies. The competitive criterion is that all potential customers have equivalent access at the market clearing price to any building blocks in natural gas transportation service. Access to firm transportation capacity rights, defined as reliability priority blocks at critical bottlenecks, is a workable mechanism for planning and managing capacity allocations on the pipeline network. A concurrent auction optimization model provides an allocation of and prices for capacity rights for a given period, with allocations reflecting the willingness to pay.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: INFOR: Information Systems and Operational Research
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
