Funding entity Endesa
This project is focused on the operation and forecasting in the context of the Spanish natural gas market. In particular, it is expected to improve the prototype that has been developed during the year 2010 with the aim of representing properly the operation in the natural gas market. The first phase of the proyect is focused on the validation of the prototype. Afterwards, some improvements will be incorporated, such as the consideration of supply contracts, the management of LNG vessels, the extension of the physical system, and the introduction of strategic behaviour on behalf of the companies. During the project, the interfaces will be also improved so as to facilitate its use on behalf of the users at Endesa. Finally, it is expected to develop a tool based on Montecarlo in order to take into account the uncertainty.
2011 OMEGA
