There must be few other situations where there are eager purchasers of natural gas (India and Pakistan), willing suppliers of natural gas (Turkmenistan, Iran, Qatar and Oman), and yet, no pipeline. The distances involved are modest, and techno-economic viability appears straightforward. This paper examines in detail the policy, technology, and economics of an overland pipeline supplying natural...

Due to the increase in environmental problems and air pollution during the heating period, it is important to promote clean heating in cold regions, thereby meeting the heating demand in a green manner. In order to allocate resources more effectively and facilitate the consumption of renewable energy, this paper designs an integrated heating system that incorporates geothermal energy into the f...

in this paper, a new approach of modeling for artificial neural networks (ann) models based on the concepts of ann and fuzzy regression is proposed. for this purpose, we reformulated ann model as a fuzzy nonlinear regression model while it has advantages of both fuzzy regression and ann models. hence, it can be applied to uncertain, ambiguous, or complex environments due to its flexibility. in ...

There must be few other situations where there are eager purchasers of natural gas (India and Pakistan), willing suppliers of natural gas (Turkmenistan, Iran, Qatar and Oman), and yet, no pipeline. The distances involved are modest, and techno-economic viability appears straightforward. This paper examines in detail the policy, technology, and economics of an overland pipeline supplying natural...

Manufacturers launch new product models at various time increments to meet changing market requirements over time. At each design period, product design and price may change. While price decisions can be made at product launching time, redesign decisions must be made in advance. Real options theory addresses such time gap decisions. This paper presents a real options approach with a binomial la...

Reserves estimations in natural gas markets are fundamental for decision making of private and public agents. When markets are mature, market signals such as demand growth, costs, and price expectations activate exploration and new reserves are continually added to the proven reserves base. We can describe the process of discovering new reserves in a market with a simple dynamic hypothesis in w...

Iran has suffered ever-increasing domestic energy consumption, mostly because of its long-standing price control policy. To decelerate this trend, Iran began a reform on its energy subsidy system in December 2010. This paper examines the inflationary impact of the energy subsidy reform on different Iranian non-energy sectors and urban and rural households by making an updated input–output...

The valuation of the real option to store natural gas is a practically important problem that entails dynamic optimization of inventory trading decisions with capacity constraints in the face of uncertain natural gas price dynamics. Stochastic dynamic programming is a natural approach to this valuation problem, but it does not seem to be widely used in practice because it is at odds with the hi...

This paper assesses the degree of market integration in the U.S. natural gas market following the FERC’s ‘open access’ reforms of the late 1980s. Daily spot prices at 76 market locations from 1993 to 1997 are used to examine (i) the geographic extent of the market, which depends on the extensiveness of LOOP equilibrium conditions throughout the pipeline network and (ii) the speed with which mar...