Author: Frieder BorggrefePublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Balancing and Intraday Market Design : Options for Wind Integration
Author: Frieder BorggrefeOptimization Methods for Gas and Power Markets
Author: Enrico EdoliPublisher: Springer
ISBN: 1137412976
Category : Business & Economics
Languages : en
Pages : 210
Book Description
As power and gas markets are becoming more and more mature and globally competitive, the importance of reaching maximum potential economic efficiency is fundamental in all the sectors of the value chain, from investments selection to asset optimization, trading and sales. Optimization techniques can be used in many different fields of the energy industry, in order to reduce production and financial costs, increase sales revenues and mitigate all kinds of risks potentially affecting the economic margin. For this reason the industry has now focused its attention on the general concept of optimization and to the different techniques (mainly mathematical techniques) to reach it. Optimization Methods for Gas and Power Markets presents both theoretical elements and practical examples for solving energy optimization issues in gas and power markets. Starting with the theoretical framework and the basic business and economics of power and gas optimization, it quickly moves on to review the mathematical optimization problems inherent to the industry, and their solutions – all supported with examples from the energy sector. Coverage ranges from very long-term (and capital intensive) optimization problems such as investment valuation/diversification to asset (gas and power) optimization/hedging problems, and pure trading decisions. This book first presents the readers with various examples of optimization problems arising in power and gas markets, then deals with general optimization problems and describes the mathematical tools useful for their solution. The remainder of the book is dedicated to presenting a number of key business cases which apply the proposed techniques to concrete market problems. Topics include static asset optimization, real option evaluation, dynamic optimization of structured products like swing, virtual storage or virtual power plant contracts and optimal trading in intra-day power markets. As the book progresses, so too does the level of mathematical complexity, providing readers with an appreciation of the growing sophistication of even common problems in current market practice. Optimization Methods for Gas and Power Markets provides a valuable quantitative guide to the technicalities of optimization methodologies in gas and power markets; it is essential reading for practitioners in the energy industry and financial sector who work in trading, quantitative analysis and energy risk modeling.
Integration of Variable Energy Resources (Us Federal Energy Regulatory Commission Regulation) (Ferc) (2018 Edition)
Author: The Law The Law LibraryPublisher: Createspace Independent Publishing Platform
ISBN: 9781727794922
Category :
Languages : en
Pages : 130
Book Description
Integration of Variable Energy Resources (US Federal Energy Regulatory Commission Regulation) (FERC) (2018 Edition) The Law Library presents the complete text of the Integration of Variable Energy Resources (US Federal Energy Regulatory Commission Regulation) (FERC) (2018 Edition). Updated as of May 29, 2018 The Federal Energy Regulatory Commission is amending the pro forma Open Access Transmission Tariff to remove unduly discriminatory practices and to ensure just and reasonable rates for Commission-jurisdictional services. Specifically, this Final Rule removes barriers to the integration of variable energy resources by requiring each public utility transmission provider to: offer intra-hourly transmission scheduling; and, incorporate provisions into the pro forma Large Generator Interconnection Agreement requiring interconnection customers whose generating facilities are variable energy resources to provide meteorological and forced outage data to the public utility transmission provider for the purpose of power production forecasting. This book contains: - The complete text of the Integration of Variable Energy Resources (US Federal Energy Regulatory Commission Regulation) (FERC) (2018 Edition) - A table of contents with the page number of each section
Routledge Handbook of Energy Economics
Author: Uğur SoytaşPublisher: Routledge
ISBN: 1315459639
Category : Business & Economics
Languages : en
Pages : 736
Book Description
Energy consumption and production have major influences on the economy, environment, and society, but in return they are also influenced by how the economy is structured, how the social institutions work, and how the society deals with environmental degradation. The need for integrated assessment of the relationship between energy, economy, environment, and society is clear, and this handbook offers an in-depth review of all four pillars of the energy-economy-environment-society nexus. Bringing together contributions from all over the world, this handbook includes sections devoted to each of the four pillars. Moreover, as the financialization of commodity markets has made risk analysis more complicated and intriguing, the sections also cover energy commodity markets and their links to other financial and non-financial markets. In addition, econometric modeling and the forecasting of energy needs, as well as energy prices and volatilities, are also explored. Each part emphasizes the multidisciplinary nature of the energy economics field and from this perspective, chapters offer a review of models and methods used in the literature. The Routledge Handbook of Energy Economics will be of great interest to all those studying and researching in the area of energy economics. It offers guideline suggestions for policy makers as well as for future research.
Remote Sensing of Atmospheric Conditions for Wind Energy Applications
Author: Charlotte Bay HasagerPublisher: MDPI
ISBN: 3038979422
Category : Technology & Engineering
Languages : en
Pages : 290
Book Description
This Special Issue “Atmospheric Conditions for Wind Energy Applications” hosts papers on aspects of remote sensing for atmospheric conditions for wind energy applications. Wind lidar technology is presented from a theoretical view on the coherent focused Doppler lidar principles. Furthermore, wind lidar for applied use for wind turbine control, wind farm wake, and gust characterizations is presented, as well as methods to reduce uncertainty when using lidar in complex terrain. Wind lidar observations are used to validate numerical model results. Wind Doppler lidar mounted on aircraft used for observing winds in hurricane conditions and Doppler radar on the ground used for very short-term wind forecasting are presented. For the offshore environment, floating lidar data processing is presented as well as an experiment with wind-profiling lidar on a ferry for model validation. Assessments of wind resources in the coastal zone using wind-profiling lidar and global wind maps using satellite data are presented.
The Economics of Electricity Markets
Author: Clara PolettiPublisher: Edward Elgar Publishing
ISBN: 0857933965
Category : Business & Economics
Languages : en
Pages : 235
Book Description
The Economics of Electricity Markets provides a cutting-edge analysis of the critical issues involved in the design and operation of electricity markets, as well as an assessment of alternative institutional arrangements that have either been implemented or are under discussion in Europe and the US. The book illustrates how a sound market design can render electricity trading and retailing very much like that of other commodities. Social and political concerns, rather than engineering or economics, are what make electricity markets 'special'. The expert contributors address a wide set of issues that arise when competition is introduced to the electricity industry, ranging from the design of spot and real-time power markets to alternative approaches to congestion management, from competition policy in wholesale electricity markets to the benefits and costs of retail competition, and from regulatory measures to ensure generation capacity adequacy to the politicization of generation investment decisions as a way of pursuing sustainability targets. This highly informative book will appeal to academics, students and researchers in the field of advanced energy economics, and will prove essential reading for energy regulators, professionals and executives wishing to explore the theoretical foundations underpinning their day-to-day activities.
International Trade in Sustainable Electricity
Author: Thomas CottierPublisher: Cambridge University Press
ISBN: 110716334X
Category : Business & Economics
Languages : en
Pages : 509
Book Description
This book explores the regulatory challenges posed by the changing landscape of electricity trade to the multilateral trading system.
Artificial Intelligence for Knowledge Management
Author: Eunika Mercier-LaurentPublisher: Springer Nature
ISBN: 3030808475
Category : Computers
Languages : en
Pages : 262
Book Description
This book features a selection of extended papers presented at the 8th IFIP WG 12.6 International Workshop on Artificial Intelligence for Knowledge Management, AI4KM 2021, held in Yokohama, Japan, in January 2021, in the framework of the International Joint Conference on Artificial Intelligence, IJCAI 2020.* The 14 revised and extended papers presented together with an invited talk were carefully reviewed and selected for inclusion in this volume. They present new research and innovative aspects in the field of knowledge management and discuss methodological, technical and organizational aspects of artificial intelligence used for knowledge management. *The workshop was held virtually.
Global Energy
Author: Paul EkinsPublisher: OUP Oxford
ISBN: 019103021X
Category : Business & Economics
Languages : en
Pages : 614
Book Description
Energy, and access to energy, are essential to human life, civilisation and development. A number of energy issues - including energy security, energy prices and the polluting emissions for energy use - now have high prominence on global agendas of policy and diplomacy. In addressing these and other global energy issues, the purpose of this book is to lay out the broad global energy landscape, exploring how these issues might develop in coming decades, and the implications of such developments for energy policy. There are great uncertainties, which will be identified, in respect of some of these issues, but many of the defining characteristics of the landscape are clear, and the energy policies of all countries will need to be broadly consistent with these if they are to be feasible and achieve their objectives. The book therefore provides information about and analysis of energy and related resources, and the technologies that have been and are being developed to exploit them that is essential to understanding how the global energy system is developing, and how it might develop in the future. But its main focus is the critical economic, social, political and cultural issues that will determine how energy systems will develop and which technologies are deployed, why, by whom, and who will benefit from them. The book has three Parts. Part I sets out the current global context for energy system developments, outlining the essential trends of global energy supply and demand, and atmospheric emissions, from the past and going forward, and their driving forces. Part II explores the options and choices, covering both energy demand and energy supply, facing national and international policymakers as they confront the challenges of the global context outlined in Part I. Part III of the book brings together the discussion in Parts I and II with consideration of possible global energy and environmental futures, and of the energy policy choices which will determine which future actually comes to pass.
Author: Ernesto Garnier