Publication Date:
2021-01-22
Description:
In 2005 the European Union liberalized the gas market with a disruptive change
and decoupled trading of natural gas from its transport. The gas is now trans-
ported by independent so-called transmissions system operators or TSOs. The
market model established by the European Union views the gas transmission
network as a black box, providing shippers (gas traders and consumers) the
opportunity to transport gas from any entry to any exit. TSOs are required
to offer the maximum possible capacities at each entry and exit such that any
resulting gas flow can be realized by the network. The revenue from selling these
capacities more than one billion Euro in Germany alone, but overestimating the
capacity might compromise the security of supply. Therefore, evaluating the
available transport capacities is extremely important to the TSOs.
This is a report on a large project in mathematical optimization, set out
to develop a new toolset for evaluating gas network capacities. The goals and
the challenges as they occurred in the project are described, as well as the
developments and design decisions taken to meet the requirements.
Language:
English
Type:
article
,
doc-type:article