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Coordinating Fuel Inventory And Electric Power Generation Under Uncertainty
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Book Synopsis Coordinating Fuel Inventory and Electric Power Generation Under Uncertainty by : Thomas J. Watson IBM Research Center
Download or read book Coordinating Fuel Inventory and Electric Power Generation Under Uncertainty written by Thomas J. Watson IBM Research Center and published by . This book was released on 1998 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: "We discuss the problem of hedging between the natural gas and electric power markets. Based on multiple forecasts for natural gas prices, natural gas demand, and electricity prices, a stochastic optimization model advises a decision maker on when to buy or sell natural gas and when to transform gas into electricity. For relatively small models, branch-and-bound solves the problem to optimality. Larger models are solved using Bender's decomposition and Lagrangian relaxation. We apply our approach to the system of an electric utility and succeed in solving problems with 50,000 binary variables in less than 4 minutes to within 1.16% of the optimal value."
Download or read book LISS 2014 written by Zhenji Zhang and published by Springer. This book was released on 2015-04-20 with total page 1743 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proceedings of the 2014 International Conference on Logistics, Informatics and Services Sciences (LISS’2014) gather 259 papers on the latest fundamental advances in the state of the art and practice of logistics, informatics, service operations and service science. The books is divided into four main sections focusing on different aspects: Service Management, Logistics Management, Information Management, and Engineering Management. It also covers ten special sessions: Advanced Management Decision Making Techniques and Application; Freight Transportation and Information Technology; Free Trade Zone (FTZ) and Supply Chain Management; Innovation in Service Science; Comprehensive Service; International Trade and Investment of Service Industries Theories and Practices, Trends and Strategies; Supply Chain Management, Industrial Economy and Urban Logistics; Management Process Optimization Modeling & Data Analysis; Logistics Management & IOT Technology Application; and Digital Publishing & Media. The papers in each section describe state-of-art research works that are often oriented towards real-world applications and highlight the benefits of related methods and techniques for developing the emerging field of service science, logistics and informatics.
Book Synopsis Energy and Power Risk Management by : Alexander Eydeland
Download or read book Energy and Power Risk Management written by Alexander Eydeland and published by John Wiley & Sons. This book was released on 2003-02-03 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for Energy and Power Risk Management "Energy and Power Risk Management identifies and addresses the key issues in the development of the turbulent energy industry and the challenges it poses to market players. An insightful and far-reaching book written by two renowned professionals." -Helyette Geman, Professor of Finance University Paris Dauphine and ESSEC "The most up-to-date and comprehensive book on managing energy price risk in the natural gas and power markets. An absolute imperative for energy traders and energy risk management professionals." -Vincent Kaminski, Managing Director Citadel Investment Group LLC "Eydeland and Wolyniec's work does an excellent job of outlining the methods needed to measure and manage risk in the volatile energy market." -Gerald G. Fleming, Vice President, Head of East Power Trading, TXU Energy Trading "This book combines academic rigor with real-world practicality. It is a must-read for anyone in energy risk management or asset valuation." -Ron Erd, Senior Vice President American Electric Power
Book Synopsis Handbook of Networks in Power Systems II by : Alexey Sorokin
Download or read book Handbook of Networks in Power Systems II written by Alexey Sorokin and published by Springer Science & Business Media. This book was released on 2012-03-02 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy has been an inevitable component of human lives for decades. Recent rapid developments in the area require analyzing energy systems not as independent components but rather as connected interdependent networks. The Handbook of Networks in Power Systems includes the state-of-the-art developments that occurred in the power systems networks, in particular gas, electricity, liquid fuels, freight networks, as well as their interactions. The book is separated into two volumes with three sections, where one scientific paper or more are included to cover most important areas of networks in power systems. The first volume covers topics arising in electricity network, in particular electricity markets, smart grid, network expansion, as well as risk management. The second volume presents problems arising in gas networks; such as scheduling and planning of natural gas systems, pricing, as well as optimal location of gas supply units. In addition, the second volume covers the topics of interactions between energy networks. Each subject is identified following the activity on the domain and the recognition of each subject as an area of research. The scientific papers are authored by world specialists on the domain and present either state-of-the-arts reviews or scientific developments.
Download or read book Natural Gas written by Primož Potocnik and published by BoD – Books on Demand. This book was released on 2010-08-18 with total page 618 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributions in this book present an overview of cutting edge research on natural gas which is a vital component of world's supply of energy. Natural gas is a combustible mixture of hydrocarbon gases, primarily methane but also heavier gaseous hydrocarbons such as ethane, propane and butane. Unlike other fossil fuels, natural gas is clean burning and emits lower levels of potentially harmful by-products into the air. Therefore, it is considered as one of the cleanest, safest, and most useful of all energy sources applied in variety of residential, commercial and industrial fields. The book is organized in 25 chapters that cover various aspects of natural gas research: technology, applications, forecasting, numerical simulations, transport and risk assessment.
Book Synopsis Stochastic Programming by : RUSZCZYNSK
Download or read book Stochastic Programming written by RUSZCZYNSK and published by North Holland. This book was released on 2003-10-09 with total page 708 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brings together leading in the most important sub-fields of stochastic programming to present a rigourous overview of basic models, methods and applications of stochastic programming. The text is intended for researchers, students, engineers and economists, who encounter in their work optimization problems involving uncertainty.
Download or read book Intertie Development and Use written by and published by . This book was released on 1988 with total page 1132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Energy Research Abstracts written by and published by . This book was released on 1995 with total page 782 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Planning for Future Uncertainties in Electric Power Generation by : Richard D. Tabors
Download or read book Planning for Future Uncertainties in Electric Power Generation written by Richard D. Tabors and published by . This book was released on 1991 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: The object of this paper is to identify strategies for the U.S. electric utility industry for reduction of both acid rain producing and global warming gases. The research used the EPRI Electric Generation Expansion Analysis System (EGEAS) utility optimization/simulation modeling structure and the EPRI developed regional utilities. It focuses on the North East and East Central region of the U.S. Strategies identified were fuel switching -- predominantly between coal and natural gas, mandated emission limits, and a carbon tax. The overall conclusions of the study are that using less (conservation) will always benefit Carbon Emissions but may or may not benefit Acid Rain emissions by the offsetting forces of improved performance of new plant as opposed to reduced overall consumption of final product. Results of the study are highly utility and regional demand specific. The study showed, however, that significant reductions in both acid rain and global warming gas production could be achieved with relatively small increases in the overall cost of production of electricity and that the current dispatch logics available to the utility control rooms were adequate to reschedule dispatch to meet these objectives.
Book Synopsis Mathematics of Industrial Systems IV by :
Download or read book Mathematics of Industrial Systems IV written by and published by . This book was released on 2000 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Inventory of Federal Energy-related Environment and Safety Research for ... by :
Download or read book Inventory of Federal Energy-related Environment and Safety Research for ... written by and published by . This book was released on 1979 with total page 732 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Greenhouse Gas Inventories by : Thomas White
Download or read book Greenhouse Gas Inventories written by Thomas White and published by Springer Science & Business Media. This book was released on 2011-06-01 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: The assessment of greenhouse gases emitted to and removed from the atmosphere is high on the international political and scientific agendas. Growing international concern and cooperation regarding the climate change problem have increased the need for policy-oriented solutions to the issue of uncertainty in, and related to, inventories of greenhouse gas (GHG) emissions. The approaches to addressing uncertainty discussed here reflect attempts to improve national inventories, not only for their own sake but also from a wider, systems analytical perspective — a perspective that seeks to strengthen the usefulness of national inventories under a compliance and/or global monitoring and reporting framework. These approaches demonstrate the benefits of including inventory uncertainty in policy analyses. The authors of the contributed papers show that considering uncertainty helps avoid situations that can, for example, create a false sense of certainty or lead to invalid views of subsystems. This may eventually prevent related errors from showing up in analyses. However, considering uncertainty does not come for free. Proper treatment of uncertainty is costly and demanding because it forces us to make the step from “simple to complex” and only then to discuss potential simplifications. Finally, comprehensive treatment of uncertainty does not offer policymakers quick and easy solutions.
Book Synopsis Inventory of Federal Energy-related Environment and Safety Research for FY 1978: Project listings and indexes by :
Download or read book Inventory of Federal Energy-related Environment and Safety Research for FY 1978: Project listings and indexes written by and published by . This book was released on 1979 with total page 740 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Energy Abstracts for Policy Analysis by :
Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1989 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Advanced Technologies for Planning and Operation of Prosumer Energy Systems, volume III by : Bin Zhou
Download or read book Advanced Technologies for Planning and Operation of Prosumer Energy Systems, volume III written by Bin Zhou and published by Frontiers Media SA. This book was released on 2024-07-30 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prosumers, such as energy storage, smart home, and microgrids, are the consumers who also produce and share surplus energy with other users. With capabilities of flexibly managing the generation, storage and consumption of energy in a simultaneous manner, prosumers can help improve the operation efficiency of smart grid. Due to the rapid expansion of prosumer clusters, the planning and operation issues of prosumer energy systems have been increasingly raised. Aspects including energy infrastructure design, energy management, system stability, etc., are urgently required to be addressed while taking full advantage of prosumers' capabilities. However, up to date, the research on prosumers has not drawn sufficient attention. This proposal presents the need to introduce a Research Topic on prosumer energy systems in Frontiers in Energy Research. We believe this Research Topic can promote the research on advanced planning and operation technologies of prosumer energy systems and contribute to the carbon neutrality for a sustainable society.
Book Synopsis Scientific and Technical Aerospace Reports by :
Download or read book Scientific and Technical Aerospace Reports written by and published by . This book was released on 1990 with total page 1036 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Inventory of Federal Energy-related Environment and Safety Research for FY 1978 by :
Download or read book Inventory of Federal Energy-related Environment and Safety Research for FY 1978 written by and published by . This book was released on 1979 with total page 732 pages. Available in PDF, EPUB and Kindle. Book excerpt:
