heal.abstract |
The scope of this thesis was the development of a methodology able to examine the scale of the bullwhip effect in the LNG supply chain, estimate how an LNG Terminal influences the network, and evaluate solutions for the mitigation of the effect. For this purpose, an artificial neural network was designed that can simulate various natural gas demand scenarios and create reliable output. The data used to train the network was daily usage information from the Transmission System Operator, from whose side the optimization was pursued.
Specifically, a thorough examination of the LNG market and its prospects for the near future are presented, both at a global and national level. Furthermore, the bullwhip effect is analyzed, initially in the light of operational research and then in particular for the LNG supply chain according to existing research. Afterward, the design of the neural network follows, where its operation and parametrization are explained. The model receives as inputs the total demand of natural gas for a specific day, the demand for electricity production, the loaded capacity of the LNG Terminal of Revithoussa, the LNG imports, the pipeline feed gas imports, and other parameters related to the price of the commodity and returns an estimation for the bullwhip effect for a period of thirty days.
This model can be used as a guide for the efficient operation of the natural gas transmission system, as it is able to give a prediction about the behavior of the supply chain according to changes in the import policy or the capacity of the terminal. This way, the mitigation of the demand amplification in the LNG supply chain can be achieved and also, the results can indicate a path for the viability of the system in the upcoming increase in demand for natural gas and electricity production the next years. |
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