IDEAS home Printed from https://ideas.repec.org/a/inm/oropre/v40y1992i3p446-462.html
   My bibliography  Save this article

Optimization of Purchase, Storage and Transmission Contracts for Natural Gas Utilities

Author

Listed:
  • William Avery

    (Life Fitness Limited, Franklin Park, Illinois)

  • Gerald G. Brown

    (Naval Postgraduate School, Monterey, California)

  • John A. Rosenkranz

    (Boston Energy Associates, Boston, Massachusetts)

  • R. Kevin Wood

    (Naval Postgraduate School, Monterey, California)

Abstract

Natural gas utilities supply about a quarter of the energy needs of the United States. From wellhead to consumer, operations are governed by an astounding diversity of purchase, transport, and storage contract agreements which prepare a complex physical distribution system to meet future demands no more predictable than next year's weather. We present a decision support system based on a highly detailed optimization model used by utilities to plan operations which minimize cost while satisfying regulatory agencies. Applications at Southwest Gas Corporation are presented along with a case study at Questar Pipeline Corporation.“But thou, contracted to thine own bright eyes,Feed'st thy light's flame with self-substantial fuel” William Shakespeare, First Sonnet

Suggested Citation

  • William Avery & Gerald G. Brown & John A. Rosenkranz & R. Kevin Wood, 1992. "Optimization of Purchase, Storage and Transmission Contracts for Natural Gas Utilities," Operations Research, INFORMS, vol. 40(3), pages 446-462, June.
    • Handle: RePEc:inm:oropre:v:40:y:1992:i:3:p:446-462
    DOI: 10.1287/opre.40.3.446
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/opre.40.3.446
    Download Restriction: no
    File URL: https://libkey.io/10.1287/opre.40.3.446?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Psarras, John, 2016. "Multicriteria decision support to evaluate potential long-term natural gas supply alternatives: The case of GreeceAuthor-Name: Androulaki, Stella," European Journal of Operational Research, Elsevier, vol. 253(3), pages 791-810.
    2. von Lanzenauer, Christoph Haehling & James, William G. & Wright, Don D., 1995. "Service level risk in a pipeline system: A stochastic analysis," European Journal of Operational Research, Elsevier, vol. 81(3), pages 489-499, March.
    3. Grossman, Thomas Jr. & Rohleder, Thomas R. & A. Silver, Edward, 2000. "A negotiation aid for fixed-quantity contracts with stochastic demand and production," International Journal of Production Economics, Elsevier, vol. 66(1), pages 67-76, June.
    4. David L. Alderson & Gerald G. Brown & W. Matthew Carlyle, 2015. "Operational Models of Infrastructure Resilience," Risk Analysis, John Wiley & Sons, vol. 35(4), pages 562-586, April.
    5. Knudsen, Brage Rugstad & Whitson, Curtis H. & Foss, Bjarne, 2014. "Shale-gas scheduling for natural-gas supply in electric power production," Energy, Elsevier, vol. 78(C), pages 165-182.
    6. Aouam, Tarik & Rardin, Ronald & Abrache, Jawad, 2010. "Robust strategies for natural gas procurement," European Journal of Operational Research, Elsevier, vol. 205(1), pages 151-158, August.
    7. Nunes, Juliana Barbosa & Mahmoudi, Nadali & Saha, Tapan Kumar & Chattopadhyay, Debabrata, 2018. "A stochastic integrated planning of electricity and natural gas networks for Queensland, Australia considering high renewable penetration," Energy, Elsevier, vol. 153(C), pages 539-553.
    8. Steven A. Gabriel & Supat Kiet & Jifang Zhuang, 2005. "A Mixed Complementarity-Based Equilibrium Model of Natural Gas Markets," Operations Research, INFORMS, vol. 53(5), pages 799-818, October.
    9. Guldmann, Jean-Michel & Wang, Fahui, 1999. "Optimizing the natural gas supply mix of local distribution utilities," European Journal of Operational Research, Elsevier, vol. 112(3), pages 598-612, February.
    10. Ozelkan, Ertunga C. & D'Ambrosio, Alfred & Teng, S. Gary, 2008. "Optimizing liquefied natural gas terminal design for effective supply-chain operations," International Journal of Production Economics, Elsevier, vol. 111(2), pages 529-542, February.
    11. Bopp, A. E. & Kannan, V. R. & Palocsay, S. W. & Stevens, S. P., 1996. "An optimization model for planning natural gas purchases, transportation, storage and deliverability," Omega, Elsevier, vol. 24(5), pages 511-522, October.
    12. Kumar Muthuraman & Tarik Aouam & Ronald Rardin, 2008. "Regulation of Natural Gas Distribution Using Policy Benchmarks," Operations Research, INFORMS, vol. 56(5), pages 1131-1145, October.
    13. Xiangling Hu & Charles Munson & Stergios Fotopoulos, 2012. "Purchasing decisions under stochastic prices: Approximate solutions for order time, order quantity and supplier selection," Annals of Operations Research, Springer, vol. 201(1), pages 287-305, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:oropre:v:40:y:1992:i:3:p:446-462. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.