Optimizing natural gas supply and energy portfolios of a generation company

dc.contributor.authorKittithreerapronchai, O.
dc.contributor.authorJirutitijaroen, P.
dc.contributor.authorKim, S.
dc.contributor.authorPrina Pacheco, José Pedro
dc.date.accessioned2022-05-16T20:30:51Z
dc.date.available2022-05-16T20:30:51Z
dc.date.issued2010
dc.description.abstractIn a deregulated electricity market environment, a natural gas-fired generation company must manage its natural gas supply and construct energy portfolios by engaging in contracts to buy natural gas and generate electricity. The contracts protect the company from fluctuations in prices and demands, but provide minimal profits. The company may gain larger profits-and possible loses-by accessing natural gas spot and electricity pool markets. To capture such hedging decisions and the interactions between the natural gas and electricity markets, we formulate a Stochastic Programming model and study its benefits over an expected value problem. The stochastic model enables the company to optimize the electricity generation schedule and the natural gas consumption as well as to develop managerial insights.
dc.fuente.origenIEEE
dc.identifier.doi10.1109/PMAPS.2010.5528265
dc.identifier.eisbn9781424457212
dc.identifier.isbn9781424457205
dc.identifier.urihttps://ieeexplore.ieee.org/stamp/stamp.jsp?arnumber=5528265
dc.identifier.urihttps://doi.org/10.1109/PMAPS.2010.5528265
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/64013
dc.information.autorucEscuela de ingeniería ; Prina Pacheco, José Pedro ; S/I ; 84336
dc.language.isoen
dc.nota.accesoContenido parcial
dc.pagina.final237
dc.pagina.inicio231
dc.publisherIEEE
dc.relation.ispartofIEEE International Conference on Probabilistic Methods Applied to Power Systems (11° : 2010 : Singapur, República de Singapur)
dc.rightsacceso restringido
dc.subjectNatural gas
dc.subjectPortfolios
dc.subjectPower generation
dc.subjectElectricity supply industry
dc.subjectEnergy management
dc.subjectContracts
dc.subjectStochastic processes
dc.subjectElectricity supply industry deregulation
dc.subjectEnvironmental management
dc.subjectLoad management
dc.titleOptimizing natural gas supply and energy portfolios of a generation companyes_ES
dc.typecomunicación de congreso
sipa.codpersvinculados84336
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