Energy-saving Technologies in Transportation of Natural Gas Facilities

Novel energy saving technologies evaluation tool

The main objective of EMINENT project (Early Market Introduction of New ENergy Technologies) launched by EC DG TREN is to identify and accelerate introduction and implementation of leading edge European energy and environmental technology into the market place in Europe and worldwide. A software tool and an integrated database on new technologies and sectoral energy supplies and demands were de...

Role of Natural Gas in America's Energy Future: Focus on Transportation

Food chilling and freezing technologies : Potential for energy saving

A Game Theoretic Analysis of Shared Natural Gas Storage Facilities

We develop a game theoretic model for shared natural gas storage facilities. We analyse the effects of strategic interaction, given that deliverability is a function of overall pressure within the store, on the expected value of the storage facility in equilibrium. Our results have significant implications for the economic efficiency of storage facilities, price stability in the gas market and ...

Optimization of Injection/Withdrawal Schedules for Natural Gas Storage Facilities∗

Control decisions for gas storage facilities are made in the face of extreme uncertainty over future natural gas prices on world markets. We examine the problem faced by owners of storage contracts of how to manage the injection/withdrawal schedule of gas, given past price behavior and a predictive model of future prices. Real options theory provides a framework for making such decisions. We de...