booking

Bookings in the European Gas Market: Characterisation of Feasibility and Computational Complexity Results

  • Martine Labbé
  • Martin Schmidt
  • Fränk Plein
    • Categories Applications - OR and Management Sciences, Dynamic Programming, Network Optimization Tags , , , , ,

    As a consequence of the liberalisation of the European gas market in the last decades, gas trading and transport have been decoupled. At the core of this decoupling are so-called bookings and nominations. Bookings are special capacity right contracts that guarantee that a specified amount of gas can be supplied or withdrawn at certain entry … Read more

    Structural Properties of Feasible Bookings in the European Entry-Exit Gas Market System

  • Lars Schewe
  • Martin Schmidt
  • Johannes Thürauf
    • Categories Applications - Science and Engineering, Network Optimization, Robust Optimization Tags , , , ,

    In this work we analyze the structural properties of the set of feasible bookings in the European entry-exit gas market system. We present formal definitions of feasible bookings and then analyze properties that are important if one wants to optimize over them. Thus, we study whether the sets of feasible nominations and bookings are bounded, … Read more