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Assessing Production Assurance in a Natural Gas Network by Using Scenario Generation and Optimization

Abstract

We discuss how an optimization model can be used together with a scenario generation procedure to provide valuable analysis for companies operating in a natural gas value chain. The solution time of the optimization model can be considerable for some model specifications, so a large scale sampling from the distribution of the uncertain parameters would lead to intractable solution times. By using a scenario generation procedure we can, however, drastically reduce the required amount of analyses necessary to run. We discuss two different procedures in this paper: moment-matching and copulas. We also demonstrate the application on a gas transportation network similar to the one on the Norwegian Continental Shelf. The data used in the analysis are synthetic, but with realistic values.

Category

Academic article

Language

English

Author(s)

Affiliation

  • SINTEF Industry / Sustainable Energy Technology

Year

2015

Published in

Energy Procedia

ISSN

1876-6102

Publisher

Elsevier

Volume

64

Page(s)

120 - 129

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