Abstract

Abstract This paper proposes the multi-objective optimization of the design of natural gas transmission networks to support the decision of regulatory authorities. The problem formulation involves two objective functions: the minimization of the transportation fare and the maximization of the transported gas volume. These design parameters of the pipeline project must be previously established by the regulatory agency, considering an attractive return on the investment for the entrepreneurs and the demands of current and future consumers. The solution of this problem without an optimization tool may imply in unfair gas prices or the lack of investors interest. The proposed analysis is focused on growing markets, associated to a continuous increase of the natural gas consumption. Constraints associated to gas flow and compressor stations guarantee the feasibility of the set of design options found. Aiming to illustrate the performance of the proposed approach, the tool was applied to a typical trunkline example.

Full Text
Paper version not known

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 call

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.