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Decision-Making in Energy Systems

Decision-Making in Energy Systems PDF Author: Vivek D. Bhise
Publisher: CRC Press
ISBN: 1000513262
Category : Technology & Engineering
Languages : en
Pages : 377

Book Description
This is a comprehensive book on how to make complex decisions on energy systems problems involving different technologies, environmental effects, costs, benefits, risks, and safety issues. Using Industrial and Systems Engineering techniques for decision-making in Energy Systems, the book provides the background knowledge and methods to incorporate multiple criteria involved in solving energy system problems. It offers methods, examples, and case studies illustrating applications. Decision-Making in Energy Systems discusses subjective as well as objective methods, approaches, and techniques taken from the systems and industrial engineering domain and puts them to use in solving energy systems problems. It uses an integrated approach by including effects of all technical, economic, environmental, and safety considerations as well as costs and risks. The book is specially designed for practicing engineers from industrial/systems engineering who work in energy systems engineering industries. Aimed at graduate students, researchers, and managers involved in various energy generating, distributing, and consuming companies, the book helps the reader to understand, evaluate, and decide on solutions to their energy-related problems.

Decision-Making in Energy Systems

Decision-Making in Energy Systems PDF Author: Vivek D. Bhise
Publisher: CRC Press
ISBN: 1000513262
Category : Technology & Engineering
Languages : en
Pages : 377

Book Description
This is a comprehensive book on how to make complex decisions on energy systems problems involving different technologies, environmental effects, costs, benefits, risks, and safety issues. Using Industrial and Systems Engineering techniques for decision-making in Energy Systems, the book provides the background knowledge and methods to incorporate multiple criteria involved in solving energy system problems. It offers methods, examples, and case studies illustrating applications. Decision-Making in Energy Systems discusses subjective as well as objective methods, approaches, and techniques taken from the systems and industrial engineering domain and puts them to use in solving energy systems problems. It uses an integrated approach by including effects of all technical, economic, environmental, and safety considerations as well as costs and risks. The book is specially designed for practicing engineers from industrial/systems engineering who work in energy systems engineering industries. Aimed at graduate students, researchers, and managers involved in various energy generating, distributing, and consuming companies, the book helps the reader to understand, evaluate, and decide on solutions to their energy-related problems.

Decision Making Under Uncertainty in Electricity Markets

Decision Making Under Uncertainty in Electricity Markets PDF Author: Antonio J. Conejo
Publisher: Springer Science & Business Media
ISBN: 1441974210
Category : Business & Economics
Languages : en
Pages : 549

Book Description
Decision Making Under Uncertainty in Electricity Markets provides models and procedures to be used by electricity market agents to make informed decisions under uncertainty. These procedures rely on well established stochastic programming models, which make them efficient and robust. Particularly, these techniques allow electricity producers to derive offering strategies for the pool and contracting decisions in the futures market. Retailers use these techniques to derive selling prices to clients and energy procurement strategies through the pool, the futures market and bilateral contracting. Using the proposed models, consumers can derive the best energy procurement strategies using the available trading floors. The market operator can use the techniques proposed in this book to clear simultaneously energy and reserve markets promoting efficiency and equity. The techniques described in this book are of interest for professionals working on energy markets, and for graduate students in power engineering, applied mathematics, applied economics, and operations research.

Energy Systems Evaluation (Volume 2)

Energy Systems Evaluation (Volume 2) PDF Author: Jingzheng Ren
Publisher: Springer Nature
ISBN: 3030673766
Category : Technology & Engineering
Languages : en
Pages : 283

Book Description
This book presents various multi-criteria analysis methods for sustainability-oriented analysis and decision-making for energy systems, under various different conditions and scenarios. It presents methodologies to answer the questions relating to which of the options are the most sustainable among the alternatives, and how multi-criteria decision analysis methods can be used to select the most sustainable energy systems. A systematic innovative methodological framework is presented, which enables the most appropriate energy system to be selected under different conditions including: Scientific decision support tools for sustainable energy system selection; Fuzzy, grey, and rough sets based multi-criteria decision analysis; Decision-making models under uncertainties; and The combination of life cycle thinking and multi-criteria decision analysis This book is of interest to researchers, engineers, decision makers, and postgraduate students within the field of energy systems, sustainability, and multi-criteria decision analysis.

Collaborative Modeling And Decision-making For Complex Energy Systems

Collaborative Modeling And Decision-making For Complex Energy Systems PDF Author: Ali Mostashari
Publisher: World Scientific
ISBN: 9814462330
Category : Business & Economics
Languages : en
Pages : 313

Book Description
This volume provides the fundamentals of involving stakeholders in collaborative modeling of energy systems, including the technical subsystem as well as its economic, social, environmental and political subsystems. It presents a Stakeholder-Assisted Modeling and Policy Design (SAM-PD) framework that can be applied by energy system developers, managers and decision makers to involve a wide range of stakeholders in group model-building on a larger scale.By illustrating the capabilities of the SAM-PD framework, the book introduces an actual case study of the Cape Wind Offshore Wind Energy project. This case study details the process by which the author brought together a large number of stakeholders to jointly model the Cape Wind energy system and its broader implications for the regional energy picture and the regional economy and environment. It also offers the most recent in-depth analysis of the Cape Wind project.

Modeling, Assessment, and Optimization of Energy Systems

Modeling, Assessment, and Optimization of Energy Systems PDF Author: Hoseyn Sayyaadi
Publisher: Academic Press
ISBN: 0128166576
Category : Technology & Engineering
Languages : en
Pages : 558

Book Description
Modelling, Assessment, and Optimization of Energy Systems provides comprehensive methodologies for the thermal modelling of energy systems based on thermodynamic, exergoeconomic and exergoenviromental approaches. It provides advanced analytical approaches, assessment criteria and the methodologies to obtain analytical expressions from the experimental data. The concept of single-objective and multi-objective optimization with application to energy systems is provided, along with decision-making tools for multi-objective problems, multi-criteria problems, for simplifying the optimization of large energy systems, and for exergoeconomic improvement integrated with a simulator EIS method. This book provides a comprehensive methodology for modeling, assessment, improvement of any energy system with guidance, and practical examples that provide detailed insights for energy engineering, mechanical engineering, chemical engineering and researchers in the field of analysis and optimization of energy systems. Offers comprehensive analytical tools for the modeling and simulation of energy systems with applications for decision-making tools Provides methodologies to obtain analytical models of energy systems for experimental data Covers decision-making tools in multi-objective problems

Engineering Decision-making in Energy Systems Under Uncertainty/intermittent Characteristics of Energy Sources and Demands

Engineering Decision-making in Energy Systems Under Uncertainty/intermittent Characteristics of Energy Sources and Demands PDF Author:
Publisher:
ISBN: 9781424457236
Category : Power (Mechanics)
Languages : en
Pages :

Book Description


Robust Optimization in Electric Energy Systems

Robust Optimization in Electric Energy Systems PDF Author: Xu Andy Sun
Publisher: Springer Nature
ISBN: 3030851281
Category : Business & Economics
Languages : en
Pages : 337

Book Description
This book covers robust optimization theory and applications in the electricity sector. The advantage of robust optimization with respect to other methodologies for decision making under uncertainty are first discussed. Then, the robust optimization theory is covered in a friendly and tutorial manner. Finally, a number of insightful short- and long-term applications pertaining to the electricity sector are considered. Specifically, the book includes: robust set characterization, robust optimization, adaptive robust optimization, hybrid robust-stochastic optimization, applications to short- and medium-term operations problems in the electricity sector, and applications to long-term investment problems in the electricity sector. Each chapter contains end-of-chapter problems, making it suitable for use as a text. The purpose of the book is to provide a self-contained overview of robust optimization techniques for decision making under uncertainty in the electricity sector. The targeted audience includes industrial and power engineering students and practitioners in energy fields. The young field of robust optimization is reaching maturity in many respects. It is also useful for practitioners, as it provides a number of electricity industry applications described up to working algorithms (in JuliaOpt).

Systems, Decision and Control in Energy I

Systems, Decision and Control in Energy I PDF Author: Vitaliy Babak
Publisher: Springer
ISBN: 9783030485856
Category : Technology & Engineering
Languages : en
Pages : 279

Book Description
This book examines the problems in the field of energy and related areas (including chemistry, transport, aerospace, construction, metallurgy and engineering) that Ukrainian scientists are currently investigating. The research presented focuses on ensuring the operational reliability, durability and safety of energy equipment, as well as the development of control, diagnostics and monitoring systems in the energy sector. Further, the book explores the ecological consequences of energy facilities , particularly environmental pollution in large cities and industrial areas. Written mainly by representatives of the Council of Young Scientists of the Department of Physical and Technical Problems of Energy at the NAS of Ukraine, it is intended for researchers and engineers, as well as lecturers and postgraduates at higher education institutions interested in the control, diagnosis and monitoring of energy facilities.

Investment in Electricity Generation and Transmission

Investment in Electricity Generation and Transmission PDF Author: Antonio J. Conejo
Publisher: Springer
ISBN: 3319295012
Category : Business & Economics
Languages : en
Pages : 389

Book Description
This book provides an in-depth analysis of investment problems pertaining to electric energy infrastructure, including both generation and transmission facilities. The analysis encompasses decision-making tools for expansion planning, reinforcement, and the selection and timing of investment options. In this regard, the book provides an up-to-date description of analytical tools to address challenging investment questions such as: How can we expand and/or reinforce our aging electricity transmission infrastructure? How can we expand the transmission network of a given region to integrate significant amounts of renewable generation? How can we expand generation facilities to achieve a low-carbon electricity production system? How can we expand the generation system while ensuring appropriate levels of flexibility to accommodate both demand-related and production-related uncertainties? How can we choose among alternative production facilities? What is the right time to invest in a given production or transmission facility? Written in a tutorial style and modular format, the book includes a wealth of illustrative examples to facilitate comprehension. It is intended for advanced undergraduate and graduate students in the fields of electric energy systems, operations research, management science, and economics. Practitioners in the electric energy sector will also benefit from the concepts and techniques presented here.

Large-Scale Integrated Energy Systems

Large-Scale Integrated Energy Systems PDF Author: Qing-Hua Wu
Publisher: Springer
ISBN: 9811369437
Category : Technology & Engineering
Languages : en
Pages : 193

Book Description
This book discusses key issues in the planning and operation of large-scale integrated energy systems (LSIES). It establishes individual-based models for LSIES and develops multi-objective optimization algorithms and multi-attribute decision making support systems, which are applied to the planning and optimal operation of LSIES. It is a valuable reference work for researchers, students and engineers who are interested in energy systems, operation research and decision theory.