A mathematical programming/economic equilibrium model for the quantitative analysis of the stability of Japan's energy system
Japan's energy supply-demand system is fully dependent on the import of primary energy resources from foreign countries. So the availability of primary energy, including crude oil and coal, is a very important factor for the stability of our energy system. In order to measure our energy...
| Main Author: | |
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| Format: | Working Paper |
| Language: | en_US |
| Published: |
MIT Energy Lab
2005
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| Online Access: | http://hdl.handle.net/1721.1/27264 |
| _version_ | 1826213789513547776 |
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| author | Oyama, Tatsuo |
| author_facet | Oyama, Tatsuo |
| author_sort | Oyama, Tatsuo |
| collection | MIT |
| description | Japan's energy supply-demand system is fully dependent on
the import of primary energy resources from foreign countries. So
the availability of primary energy, including crude oil and coal,
is a very important factor for the stability of our energy
system. In order to measure our energy system's stability under
an uncertain future availability of energy resources, we built a
mathematical programming / economic equilibrium model based upon
linear programming techniques. In the model analysis uncertain
future availability of primary energy resources is expressed as
random variables with a given probability distribution, and the
economic equilibrium point is obtained by iterative convergent
computation.
From our numerical results we know an optimal energy
supply-demand structure with equilibrium prices of primary energy
resources at the future target year, and obtain supply stability
and instability probabilities of our energy system. Furthermore,
applicability of decomposition techniques to our energy model
analysis and necessary and sufficient conditions for the
stability of our energy system are discussed. |
| first_indexed | 2024-09-23T15:54:52Z |
| format | Working Paper |
| id | mit-1721.1/27264 |
| institution | Massachusetts Institute of Technology |
| language | en_US |
| last_indexed | 2024-09-23T15:54:52Z |
| publishDate | 2005 |
| publisher | MIT Energy Lab |
| record_format | dspace |
| spelling | mit-1721.1/272642019-04-12T11:21:49Z A mathematical programming/economic equilibrium model for the quantitative analysis of the stability of Japan's energy system Oyama, Tatsuo Japan's energy supply-demand system is fully dependent on the import of primary energy resources from foreign countries. So the availability of primary energy, including crude oil and coal, is a very important factor for the stability of our energy system. In order to measure our energy system's stability under an uncertain future availability of energy resources, we built a mathematical programming / economic equilibrium model based upon linear programming techniques. In the model analysis uncertain future availability of primary energy resources is expressed as random variables with a given probability distribution, and the economic equilibrium point is obtained by iterative convergent computation. From our numerical results we know an optimal energy supply-demand structure with equilibrium prices of primary energy resources at the future target year, and obtain supply stability and instability probabilities of our energy system. Furthermore, applicability of decomposition techniques to our energy model analysis and necessary and sufficient conditions for the stability of our energy system are discussed. 2005-09-15T14:45:49Z 2005-09-15T14:45:49Z 1986 Working Paper 19524201 http://hdl.handle.net/1721.1/27264 en_US MIT-EL 86-016WP 2028561 bytes application/pdf application/pdf MIT Energy Lab |
| spellingShingle | Oyama, Tatsuo A mathematical programming/economic equilibrium model for the quantitative analysis of the stability of Japan's energy system |
| title | A mathematical programming/economic equilibrium model for the quantitative analysis of the stability of Japan's energy system |
| title_full | A mathematical programming/economic equilibrium model for the quantitative analysis of the stability of Japan's energy system |
| title_fullStr | A mathematical programming/economic equilibrium model for the quantitative analysis of the stability of Japan's energy system |
| title_full_unstemmed | A mathematical programming/economic equilibrium model for the quantitative analysis of the stability of Japan's energy system |
| title_short | A mathematical programming/economic equilibrium model for the quantitative analysis of the stability of Japan's energy system |
| title_sort | mathematical programming economic equilibrium model for the quantitative analysis of the stability of japan s energy system |
| url | http://hdl.handle.net/1721.1/27264 |
| work_keys_str_mv | AT oyamatatsuo amathematicalprogrammingeconomicequilibriummodelforthequantitativeanalysisofthestabilityofjapansenergysystem AT oyamatatsuo mathematicalprogrammingeconomicequilibriummodelforthequantitativeanalysisofthestabilityofjapansenergysystem |