Stochastic Modeling of Natural Gas Infrastructure Development in Europe under Demand Uncertainty

We present an analysis of the optimal development of natural gas infrastructure in Europe based on the scenario studies of Holz and von Hirschhausen (2013). We use a stochastic mixed integer quadratic model to analyze the impact of uncertainty about future natural gas consumption in Europe on optima...

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Bibliographic Details
Published in:	The Energy journal (Cambridge, Mass.) Vol. 37; no. 3_suppl; pp. 5 - 32
Main Authors:	Fodstad, Marte, Egging, Ruud, Midthun, Kjetil, Tomasgard, Asgeir
Format:	Journal Article
Language:	English
Published:	Los Angeles, CA Energy Economics Education Foundation 01.12.2016 SAGE Publications International Association for Energy Economics Sage Publications Ltd. (UK)
Subjects:	Analysis Carbon sequestration Economic models Environmental aspects European Union Expected values Fuel consumption Gas pipelines Greenhouse gases Impact analysis Infrastructure Infrastructure (Economics) Investments Laws, regulations and rules Liquefied natural gas Mixed integer Natural gas Natural gas development Natural gas industry Natural gas pipelines Natural gas transmission Nuclear energy Pipeline transportation Pipelines Sensitivity analysis Stochastic models Storage Supply and demand Technology Transportation costs Uncertainty Europe Africa Infrastructure Mixed integer quadratic programming Stochastic modeling Natural gas
ISSN:	0195-6574, 1944-9089
Online Access:	Get full text
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