DocumentCode
187758
Title
Calculation of nodal gas prices using a game theory method
Author
Golub, Irina I. ; Dzyubina, Tatiana V.
Author_Institution
Energy Syst. Inst., Irkutsk, Russia
fYear
2014
fDate
28-30 May 2014
Firstpage
1
Lastpage
5
Abstract
The paper proposes different approaches to the determination of a nodal gas price component that corresponds to the cost of transportation constraints. To this end the research focuses on such methods for calculation of nodal prices as traditional, contribution factor, average prices and the Aumann-Shapley method given in the game theory for allocation of total costs. These methods were applied to calculate the cost of transportation constraints for a test and real gas supply systems. In the paper the discussed methods are compared to the Aumann-Shapley method.
Keywords
cost reduction; game theory; gas industry; pipelines; transportation; Aumann-Shapley method; game theory method; gas supply systems; nodal gas price calculation; transportation cost calculation; Game theory; Limiting; Linear programming; Pricing; Production; Transportation; Vectors; Aumann-Shapley method; contribution factor and average prices methods; gas price; nodal price constituents;
fLanguage
English
Publisher
ieee
Conference_Titel
European Energy Market (EEM), 2014 11th International Conference on the
Conference_Location
Krakow
Type
conf
DOI
10.1109/EEM.2014.6861204
Filename
6861204
Link To Document