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dc.contributor.authorDuenas, Pablo
dc.contributor.authorLeung, Tommy
dc.contributor.authorGil, Maria
dc.contributor.authorReneses, Javier
dc.date.accessioned2016-06-06T15:54:24Z
dc.date.available2016-06-06T15:54:24Z
dc.date.issued2013-10
dc.identifier.urihttp://hdl.handle.net/1721.1/102980
dc.description.abstractAs climate concerns, low natural gas prices, and renewable technologies increase the electric power sector’s dependence on natural gas-fired power plants, operational and investment models for gas and electric power systems will need to incorporate the interdependencies between these two systems to accurately capture the impacts of one on the other. Currently, few hybrid gas-electricity models exist. This paper reviews the state of the art for hybrid gas-electricity models and presents a new model and case study to illustrate a few potential coupling effects between gas and electric power systems. Specifically, the proposed model analyzes the optimal operation of gas-fired power plants in a competitive electricity market taking into consideration gas purchases, gas capacity contracting, and residual demand uncertainty for the generation company due to renewable energy sources.en_US
dc.language.isoen_USen_US
dc.publisherMassachusetts Institute of Technology. Engineering Systems Divisionen_US
dc.relation.ispartofseriesESD Working Papers;ESD-WP-2013-19
dc.titleGas-Electricity Coordination in Competitive Markets under Renewable Energy Uncertaintyen_US
dc.typeWorking Paperen_US


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