Gas storage facility design under uncertainty

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Title: Gas storage facility design under uncertainty
Author: Ettehadtavakkol, Amin, 1984-
Abstract: In the screening and concept selection stages of gas storage projects , many estimates are required to value competing projects and development concepts . These estimates are important because they influence which projects are selected and which concept proceeds into detailed engineering . In most cases , there is uncertainty in all of the estimates . As a result , operators are faced with the complex problem of determining the optimal design . A systematic uncertainty analysis can help operators solve this problem and make better decisions . Ideally , the uncertainty analysis is comprehensive and includes all uncertain variables , and simultaneously accounts for reservoir behavior , facility options , and economic objectives . This thesis proposes and demonstrates a workflow and an integrated optimization model for uncertainty analysis in gas storage . The optimization model is fast -solving and eliminates most constraints on the scope of the uncertainty analysis . Using this or similar workflows and models should facilitate analysis and communication of results within the project team and with other stakeholders .
URI: http : / /hdl .handle .net /2152 /ETD -UT -2009 -12 -496
Date: 2010-08-05

Citation

Gas storage facility design under uncertainty. Master's thesis, The University of Texas at Austin. Available electronically from http : / /hdl .handle .net /2152 /ETD -UT -2009 -12 -496 .

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