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Title: Simulating Gas Storage And Purchase Policies Under Uncertainty
Author: Paul R. Gribik
Source: American Gas Association 1994
Year Published: 1994
Abstract: When setting storage and gas purchase policies, a gas Local Distribution Company must take into account the demand for services by different classes of customers, the supplies available and their costs, and operating constraints. Many of the factors that influence the policies are subject to considerable uncertainty. We outline an approach for setting storage policies that balance present costs with operating costs in an uncertain future.

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