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The Natural Gas Cash-Out Problem: A Bilevel Optimal Control Approach

Author

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  • Vyacheslav V. Kalashnikov
  • Francisco Benita
  • Patrick Mehlitz

Abstract

The aim of this paper is threefold: first, it formulates the natural gas cash-out problem as a bilevel optimal control problem (BOCP); second, it provides interesting theoretical results about Pontryagin-type optimality conditions for a general BOCP where the upper level boasts a Mayer-type cost function and pure state constraints, while the lower level is a finite-dimensional mixed-integer programming problem with exactly one binary variable; and third, it applies these theoretical results in order to find possible local minimizers of the natural gas cash-out problem.

Suggested Citation

  • Vyacheslav V. Kalashnikov & Francisco Benita & Patrick Mehlitz, 2015. "The Natural Gas Cash-Out Problem: A Bilevel Optimal Control Approach," Mathematical Problems in Engineering, Hindawi, vol. 2015, pages 1-17, October.
  • Handle: RePEc:hin:jnlmpe:286083
    DOI: 10.1155/2015/286083
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    Cited by:

    1. Markus Friedemann & Felix Harder & Gerd Wachsmuth, 2023. "Finding global solutions of some inverse optimal control problems using penalization and semismooth Newton methods," Journal of Global Optimization, Springer, vol. 86(4), pages 1025-1061, August.

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