Uncertainties In Energy Markets And Their Consideration In Energy Storage Evaluation
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Uncertainties In Energy Markets And Their Consideration In Energy Storage Evaluation
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Author : Keles, Dogan
language : en
Publisher: KIT Scientific Publishing
Release Date : 2014-05-22
Uncertainties In Energy Markets And Their Consideration In Energy Storage Evaluation written by Keles, Dogan and has been published by KIT Scientific Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-22 with Business & Economics categories.
This book successfully illustrates the modeling of electricity prices with the help of stochastic processes. The relatively new phenomenon of negative prices is also integrated into the models. The integration of feed-in from wind power plants in energy models is also very innovative. This approach helps to simulate electricity prices in order to take into account the "merit-order effect of renewable energy". Finally, the models are used for the techno-economic evaluation of energy storages.
Energy Storage In Energy Markets
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Author : Behnam Mohammadi-Ivatloo
language : en
Publisher: Academic Press
Release Date : 2021-04-30
Energy Storage In Energy Markets written by Behnam Mohammadi-Ivatloo and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-04-30 with Science categories.
Energy Storage in Energy Markets reviews the modeling, design, analysis, optimization and impact of energy storage systems in energy markets in a way that is ideal for an audience of researchers and practitioners. The book provides deep insights on potential benefits and revenues, economic evaluation, investment challenges, risk analysis, technical requirements, and the impacts of energy storage integration. Heavily referenced and easily accessible to policymakers, developers, engineer, researchers and students alike, this comprehensive resource aims to fill the gap in the role of energy storage in pool/local energy/ancillary service markets and other multi-market commerce. Chapters elaborate on energy market fundamentals, operations, energy storage fundamentals, components, and the role and impact of storage systems on energy systems from different aspects, such as environmental, technical and economics, the role of storage devices in uncertainty handling in energy systems and their contributions in resiliency and reliability improvement. Provides integrated techno-economic analysis of energy storage systems and the energy markets Reviews impacts of electric vehicles as moving energy storage and loads on the electricity market Analyzes the role and impact of energy storage systems in the energy, ancillary, reserve and regulatory multi-market business Applies advanced methods to the economic integration of large-scale energy storage systems Develops an evaluation framework for energy market storage systems
An Analysis Of Current And Future Electricity Production From Biogas In Germany
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Author : Balussou, David
language : en
Publisher: KIT Scientific Publishing
Release Date : 2023-05-12
An Analysis Of Current And Future Electricity Production From Biogas In Germany written by Balussou, David and has been published by KIT Scientific Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-12 with Business & Economics categories.
In this work a process simulation model identifies the most profitable German biogas plant types and sizes. Small manure and large-scale biowaste plants are currently the most economically attractive installations whereas the valorization of energy crops turns out to be unprofitable. Future developments are assessed with the help of a regional optimization model under constraints. Capacity expansion concerns small-scale manure and biowaste installations rather than plants based on energy crops.
Electricity Markets
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Author : Sayyad Nojavan
language : en
Publisher: Springer Nature
Release Date : 2020-03-10
Electricity Markets written by Sayyad Nojavan and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-10 with Business & Economics categories.
This book analyzes new electricity pricing models that consider uncertainties in the power market due to the changing behavior of market players and the implementation of renewable distributed generation and responsive loads. In-depth chapters examine the different types of market players including the generation, transmission, and distribution companies, virtual power plants, demand response aggregators, and energy hubs and microgrids. Expert authors propose optimal operational models for short-term performance and scheduling and present readers with solutions for pricing challenges in uncertain environments. This book is useful for engineers, researchers and students involved in integrating demand response programs into smart grids and for electricity market operation and planning. Proposes optimal operation models; Discusses the various players in today's electricity markets; Describes the effects of demand response programs in smart grids.
Integration Of Clean And Sustainable Energy Resources And Storage In Multi Generation Systems
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Author : Farkhondeh Jabari
language : en
Publisher: Springer Nature
Release Date : 2020-07-09
Integration Of Clean And Sustainable Energy Resources And Storage In Multi Generation Systems written by Farkhondeh Jabari and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-09 with Technology & Engineering categories.
This book presents design principles, performance assessment and robust optimization of different poly-generation systems using renewable energy sources and storage technologies. Uncertainties associated with demands or the intermittent nature of renewables are considered in decision making processes. Economic and environmental benefits of these systems in comparison with traditional fossil fuels based ones are also provided. Case studies, numerical results, discussions, and concluding remarks have been presented for each proposed system/strategy. This book is a useful tool for students, researchers, and engineers trying to design and evaluate different zero-energy and zero-emission stand-alone grids.
Grid Modernization Future Energy Network Infrastructure
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Author : Mohammadreza Daneshvar
language : en
Publisher: Springer Nature
Release Date : 2021-03-08
Grid Modernization Future Energy Network Infrastructure written by Mohammadreza Daneshvar and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-08 with Technology & Engineering categories.
This book presents theoretical, technical, and practical information on the modernization of future energy networks. All the basic requirements covering concepts, modeling, optimizing, and analyzing of future energy grids with various energy carriers such as electricity, gas, heat, and water, as well as their markets and contracts, are explained in detail. The main focus of the book is on modernizing both the energy consumers and the energy producers and analyzing various aspects of grid modernization such as reliability, resiliency, stability, and security. Coverage includes advanced communication protocols and solution methods for the Internet of Energy (IoE) infrastructure and energy trading in future energy grids with high/full share of renewable energy resources (RERs) within the transactive energy (TE) paradigm. Probabilistic modeling and optimizing of modern grids will be evaluated using realistic case studies considering the economic aspects of multi-carrier energy markets. This book will be welcomed as an important resource by researchers and postgraduate students studying energy systems, as well as practicing engineers working on modernizing energy grids and the design, planning, scheduling, and operation of smart power systems. Proposes practical solutions for solving the challenges of modern multi-carrier energy grids; Examines various types of energy storage systems and distributed energy resources (DERs) with an emphasis on renewable energy resources (RERs); Provides comprehensive mathematical models for optimizing of future modern multi-carrier energy grids.
Operations Research Proceedings 2014
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Author : Marco Lübbecke
language : en
Publisher: Springer
Release Date : 2016-02-20
Operations Research Proceedings 2014 written by Marco Lübbecke and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-02-20 with Business & Economics categories.
This book contains a selection of refereed papers presented at the "International Conference on Operations Research (OR 2014)", which took place at RWTH Aachen University, Germany, September 2-5, 2014. More than 800 scientists and students from 47 countries attended OR 2014 and presented more than 500 papers in parallel topical streams, as well as special award sessions. The theme of the conference and its proceedings is "Business Analytics and Optimization".
Virtual Power Plants And Electricity Markets
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Author : Luis Baringo
language : en
Publisher: Springer Nature
Release Date : 2020-09-03
Virtual Power Plants And Electricity Markets written by Luis Baringo and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-03 with Technology & Engineering categories.
This textbook provides a detailed analysis of operation and planning problems faced by virtual power plants participating in different electricity markets. The chapters address in-depth, topics such as: optimization, market power, expansion, and modelling uncertainty in operation and planning problems of virtual power plants. The book provides an up-to-date description of decision-making tools to address challenging questions faced by virtual power plants such as: How can virtual power plants optimize their participation in electricity markets? How can a virtual power plant exercise market power? How can virtual power plants be optimally expanded? How can uncertainty be efficiently modelled in the operation and planning problems of virtual power plants? The book is written in a tutorial style and modular format, and includes many illustrative examples to facilitate comprehension. It is intended for a diverse audience including advanced undergraduate and graduate students in the fields of electric energy systems, operations research, and economics. Practitioners in the energy sector will also benefit from the concepts and techniques presented in this book. In particular, this book: Provides students with the GAMS codes to solve the examples in the book; Provides a basis for the formulation of decision-making problems under uncertainty; Contains a blend of theoretical concepts and practical applications that are developed as working algorithms.
Decentralized Energy Systems Market Integration Optimization Project Report
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Author : Ringler, Philipp
language : en
Publisher: KIT Scientific Publishing
Release Date : 2016-06-03
Decentralized Energy Systems Market Integration Optimization Project Report written by Ringler, Philipp and has been published by KIT Scientific Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-03 with categories.
Proactive Reactive Robust Scheduling And Capacity Planning Of Deconstruction Projects Under Uncertainty
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Author : Volk, Rebekka
language : en
Publisher: KIT Scientific Publishing
Release Date : 2017-02-08
Proactive Reactive Robust Scheduling And Capacity Planning Of Deconstruction Projects Under Uncertainty written by Volk, Rebekka and has been published by KIT Scientific Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-02-08 with Business categories.
A project planning and decision support model is developed and applied to identify and reduce risk and uncertainty in deconstruction project planning. It allows calculating building inventories based on sensor information and construction standards and it computes robust project plans for different scenarios with multiple modes, constrained renewable resources and locations. A reactive and flexible planning element is proposed in the case of schedule infeasibility during project execution.