State-of-the-art, open access numerical modeling of imperfectly competitive energy markets offers a sound and transparent way to address topical research questions in energy and commodity markets. We use an open access equilibrium model, the Global Gas Model (GGM), and sector-specific,...

Profit-maximizing firms hedge risk from uncertainty by deciding on capacity investment and production. Typically, risk-averse firms monotonically forgo expected profit in exchange for an improved risk measure, e.g., conditional value-at-risk (CVaR). However, the stochastic-equilibrium literature...

Natural gas flows in pipelines as a consequence of the pressure difference at the inlet and outlet. Adjusting these pressures makes it possible to inject natural gas at one rate and withdraw at a different rate, hence using the pipeline as storage as well as transport. We study the value of...

Short-term Electricity Demand Response (DR) is an emerging technology in Europe's Electricity markets that will introduce a new degree of exibility. The objective of this work is to analyze to what extent the untapped DR potential can facilitate an optimal transition to an European low emission...

Short-term Electricity Demand Response (DR) is an emerging technology in Europe's Electricity markets that will introduce a new degree of flexibility. The objective of this work is to analyze to what extent the untapped DR potential can facilitate an optimal transition to an European low...

Natural gas flows in pipelines as a consequence of the pressure difference at the inlet and outlet. Adjusting these pressures makes it possible to inject natural gas at one rate and withdraw at a different rate, hence using the pipeline as storage as well as transport. We study the value of...

The purpose of this paper is to formally describe new optimization models for distributed telecommunication networks. Modern distributed networks put more focus on the processing of information and less on the actual transportation of data than we are traditionally used to in telecommunications....

The purpose of this paper is to formally describe new optimization models for distributed telecommunication networks.Modern distributed networks put more focus on the processing of information and less on the actual transportation of datathan we are traditionally used to in telecommunications....

The purpose of this paper is to formally describe new optimization models for distributed telecommunication networks.Modern distributed networks put more focus on the processing of information and less on the actual transportation of datathan we are traditionally used to in telecommunications....