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
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;
Conference_Titel :
European Energy Market (EEM), 2014 11th International Conference on the
Conference_Location :
Krakow
DOI :
10.1109/EEM.2014.6861204