
Gas Storage Optimization Models
Gas storage optimization models are mathematical tools used to determine the best way to manage natural gas storage facilities. They help operators decide when to store gas, when to withdraw it, and how much to do so, balancing factors like market prices, demand forecasts, and operational costs. The goal is to maximize profits or ensure reliable supply while minimizing costs and risks. These models analyze complex variables to find optimal strategies, ensuring efficient use of storage capacity and responsiveness to market conditions over time.