entry-exit system

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

    A Multilevel Model of the European Entry-Exit Gas Market

  • Veronika Grimm
  • Lars Schewe
  • Martin Schmidt
  • Gregor Zöttl
    • Categories (Mixed) Integer Nonlinear Programming, Applications - OR and Management Sciences Tags , ,

    In entry-exit gas markets as they are currently implemented in Europe, network constraints do not affect market interaction beyond the technical capacities determined by the TSO that restrict the quantities individual firms can trade at the market. It is an up to now unanswered question to what extent existing network capacity remains unused in an … Read more