Application of the pontryagin maximum principle in the optimal management of short-term requests for natural gas supply

Optimal control is one of the relatively young branches of mathematics. Extremely applicable to the problems of the modern fast-paced world, in particular the problems related to non-renewable natural resources. One of these resources is natural gas, and as such it is necessary to look for effective...

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Bibliographic Details
Main Authors: Popov, Stoyan, Baeva, Silvia, Hinova, Ivelina
Format: Conference Proceeding
Language:English
Subjects:
Maximum principle
Natural gas
Natural resources
Optimal control
Optimization
Online Access:Get full text
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Summary:Optimal control is one of the relatively young branches of mathematics. Extremely applicable to the problems of the modern fast-paced world, in particular the problems related to non-renewable natural resources. One of these resources is natural gas, and as such it is necessary to look for effective methods to optimize its use. The present study presents an application of the Pontryagin maximum principle in the optimal management of short-term requests for natural gas supply.
ISSN:0094-243X
1551-7616
DOI:10.1063/5.0101639