[en]  [fr]

A complementarity model of European natural gaz market

S. Gabriel (Maryland University) - Avril 2008

1er avril 2008, de 10h à 12 heures

GIS LARSEN, campus de Fontenay aux Roses

Intervenant : Steven Gabriel (Université du Maryland)

Abstract : In this paper, we present a detailed and comprehensive complementarity model for computing market equilibrium values in the European natural gas system. Market players include producers and their marketing arms which we call "transmitters", pipeline and storage operators, marketers, LNG lique.ers, regasi.ers, tankers, and three end-use consumption sectors. The economic behavior of producers, transmitters, pipeline and storage operators, lique.ers and regasi.ers is modeled via optimization problems whose Karush-Kuhn-Tucker (KKT) optimality conditions in combination with market-clearing conditions form the complementarity system. The LNG tankers, marketers and consumption sectors are modeled implicitly via appropriate cost functions, aggregate demand curves, and ex-post calculations, respectively. The model is run on several case studies that highlight its capabilities, including a simulation of a disruption of Russian supplies via Ukraine.

Document à téléchargerSteven_Gabriel.pdf - (928 Ko)

[W3C valid XHTML and CSS][Contact] [Mail]
Laboratoire
d'Analyse Economique
des Réseaux
et des Systèmes
Energétiques
Si vous souhaitez accéder à la version Flash du site du Larsen,
Cliquez ici pour installer le plugin Flash