Page tree

Versions Compared


  • This line was added.
  • This line was removed.
  • Formatting was changed.


From the modeling point of view, the optimal balancing market can be posed as a mixed integer optimization problems with uncertainty in the strategy of the competitor, and – as previously noted – other alternatives can be incorporated from existing contracts. Depending on the integration level with other contracts, and depending on the usage of the natural gas, the problem can be a small or medium size stochastic or robust MILP that can be solved with off the shelf tools.


Dr Fabrizio Lacalandra, QuanTek