Application of quadratic programming to the deregulation of natural gas
Thesis/Dissertation
·
OSTI ID:6014519
A central issue in the energy policymaking arena today is the timing and method of the decontrol of natural gas prices. Current policy dictates a phased deregulation of natural gas prices with a complete lifting of price controls to occur in 1985. Various policy actions being contemplated involve both an accelerated phased decontrol scenario and an immediate removal of natural gas price regulations. The methodolgy utilized to address the natural gas deregulation question and to examine explicitly the scenarios is an adaption of the spatial and temporal price and allocation approach formalized by Takayama. This programming approach allows for the prices and quantities of energy supply, demand, and interregional flows to be determined endogenously within a free market environment and, in addition, facilitates the incorporation of constraints that represent the phased decontrol setting. The demand and supply equations in combination with the policy constraints form the quadratic model. This quadratic problem is, in turn, represented as a linear complementarity programming problem.
- OSTI ID:
- 6014519
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
03 NATURAL GAS
031000* -- Natural Gas-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
290100 -- Energy Planning & Policy-- Energy Analysis & Modeling
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
294003 -- Energy Planning & Policy-- Natural Gas
DEREGULATION
ENERGY MODELS
ENERGY POLICY
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GOVERNMENT POLICIES
MARKET
NATURAL GAS
PRICES
SUPPLY AND DEMAND
031000* -- Natural Gas-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
290100 -- Energy Planning & Policy-- Energy Analysis & Modeling
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
294003 -- Energy Planning & Policy-- Natural Gas
DEREGULATION
ENERGY MODELS
ENERGY POLICY
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GOVERNMENT POLICIES
MARKET
NATURAL GAS
PRICES
SUPPLY AND DEMAND