Abstract
In this paper a simulation method for the European power and natural gas system based on an optimization is introduced. The mathematical formulation of the problem represents a minimization of total costs subject to the coverage of demand and reserve requirements as well as the adherence of technical constraints. Due to the complexity of the problem, especially due to binary decisions and non-linearities resulting from restrictions of thermal power as well as Power-to-Gas plants, a closed-loop formulation is not practicable. Thus, this paper presents a simulation method consisting of a multi-stage optimization with the use of Lagrangian Relaxation and decomposition techniques.
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Baumann, C., Schleibach, J., Moser, A. (2016). Simulation of the System-Wide Impact of Power-to-Gas Energy Storages by Multi-stage Optimization. In: Lübbecke, M., Koster, A., Letmathe, P., Madlener, R., Peis, B., Walther, G. (eds) Operations Research Proceedings 2014. Operations Research Proceedings. Springer, Cham. https://doi.org/10.1007/978-3-319-28697-6_4
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DOI: https://doi.org/10.1007/978-3-319-28697-6_4
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