Industry And Power

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Uncertainty in the Electric Power Industry

Author : Christoph Weber
Publisher : Springer Science & Business Media
ISBN 13 : 0387230475
Total Pages : 325 pages
Book Rating : 4.3/5 (872 download)

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Book Synopsis Uncertainty in the Electric Power Industry by : Christoph Weber

Download or read book Uncertainty in the Electric Power Industry written by Christoph Weber and published by Springer Science & Business Media. This book was released on 2005 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Around the world, liberalization and privatization in the electricity industry have lead to increased competition among utilities. At the same time, utilities are now exposed more than ever to risk and uncertainties, which they cannot pass on to their customers through price increases as in a regulated environment. Especially electricity-generating companies have to face volatile wholesale prices, fuel price uncertainty, limited long-term hedging possibilities and huge, to a large extent, sunk investments. In this context, Uncertainty in the Electric Power Industry: Methods and Models for Decision Support aims at an integrative view on the decision problems that power companies have to tackle. It systematically examines the uncertainties power companies are facing and develops models to describe them – including an innovative approach combining fundamental and finance models for price modeling. The optimization of generation and trading portfolios under uncertainty is discussed with particular focus on CHP and is linked to risk management. Here the concept of integral earnings at risk is developed to provide a theoretically sound combination of value at risk and profit at risk approaches, adapted to real market structures and market liquidity. Also methods for supporting long-term investment decisions are presented: technology assessment based on experience curves and operation simulation for fuel cells and a real options approach with endogenous electricity prices.

Machine Learning and Data Science in the Power Generation Industry

Author : Patrick Bangert
Publisher : Elsevier
ISBN 13 : 0128226005
Total Pages : 276 pages
Book Rating : 4.1/5 (282 download)

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Book Synopsis Machine Learning and Data Science in the Power Generation Industry by : Patrick Bangert

Download or read book Machine Learning and Data Science in the Power Generation Industry written by Patrick Bangert and published by Elsevier. This book was released on 2021-01-14 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Machine Learning and Data Science in the Power Generation Industry explores current best practices and quantifies the value-add in developing data-oriented computational programs in the power industry, with a particular focus on thoughtfully chosen real-world case studies. It provides a set of realistic pathways for organizations seeking to develop machine learning methods, with a discussion on data selection and curation as well as organizational implementation in terms of staffing and continuing operationalization. It articulates a body of case study–driven best practices, including renewable energy sources, the smart grid, and the finances around spot markets, and forecasting. Provides best practices on how to design and set up ML projects in power systems, including all nontechnological aspects necessary to be successful Explores implementation pathways, explaining key ML algorithms and approaches as well as the choices that must be made, how to make them, what outcomes may be expected, and how the data must be prepared for them Determines the specific data needs for the collection, processing, and operationalization of data within machine learning algorithms for power systems Accompanied by numerous supporting real-world case studies, providing practical evidence of both best practices and potential pitfalls

The Power Brokers

Author : Jeremiah D. Lambert
Publisher : MIT Press
ISBN 13 : 0262029502
Total Pages : 395 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis The Power Brokers by : Jeremiah D. Lambert

Download or read book The Power Brokers written by Jeremiah D. Lambert and published by MIT Press. This book was released on 2015-08-28 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: How the interplay between government regulation and the private sector has shaped the electric industry, from its nineteenth-century origins to twenty-first-century market restructuring. For more than a century, the interplay between private, investor-owned electric utilities and government regulators has shaped the electric power industry in the United States. Provision of an essential service to largely dependent consumers invited government oversight and ever more sophisticated market intervention. The industry has sought to manage, co-opt, and profit from government regulation. In The Power Brokers, Jeremiah Lambert maps this complex interaction from the late nineteenth century to the present day. Lambert's narrative focuses on seven important industry players: Samuel Insull, the principal industry architect and prime mover; David Lilienthal, chairman of the Tennessee Valley Authority (TVA), who waged a desperate battle for market share; Don Hodel, who presided over the Bonneville Power Administration (BPA) in its failed attempt to launch a multi-plant nuclear power program; Paul Joskow, the MIT economics professor who foresaw a restructured and competitive electric power industry; Enron's Ken Lay, master of political influence and market-rigging; Amory Lovins, a pioneer proponent of sustainable power; and Jim Rogers, head of Duke Energy, a giant coal-fired utility threatened by decarbonization. Lambert tells how Insull built an empire in a regulatory vacuum, and how the government entered the electricity marketplace by making cheap hydropower available through the TVA. He describes the failed overreach of the BPA, the rise of competitive electricity markets, Enron's market manipulation, Lovins's radical vision of a decentralized industry powered by renewables, and Rogers's remarkable effort to influence cap-and-trade legislation. Lambert shows how the power industry has sought to use regulatory change to preserve or secure market dominance and how rogue players have gamed imperfectly restructured electricity markets. Integrating regulation and competition in this industry has proven a difficult experiment.

Analytic Research Foundations for the Next-Generation Electric Grid

Author : National Academies of Sciences, Engineering, and Medicine
Publisher : National Academies Press
ISBN 13 : 0309392314
Total Pages : 162 pages
Book Rating : 4.3/5 (93 download)

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Book Synopsis Analytic Research Foundations for the Next-Generation Electric Grid by : National Academies of Sciences, Engineering, and Medicine

Download or read book Analytic Research Foundations for the Next-Generation Electric Grid written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2016-05-15 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity is the lifeblood of modern society, and for the vast majority of people that electricity is obtained from large, interconnected power grids. However, the grid that was developed in the 20th century, and the incremental improvements made since then, including its underlying analytic foundations, is no longer adequate to completely meet the needs of the 21st century. The next-generation electric grid must be more flexible and resilient. While fossil fuels will have their place for decades to come, the grid of the future will need to accommodate a wider mix of more intermittent generating sources such as wind and distributed solar photovoltaics. Achieving this grid of the future will require effort on several fronts. There is a need for continued shorter-term engineering research and development, building on the existing analytic foundations for the grid. But there is also a need for more fundamental research to expand these analytic foundations. Analytic Research Foundations for the Next-Generation Electric Grid provide guidance on the longer-term critical areas for research in mathematical and computational sciences that is needed for the next-generation grid. It offers recommendations that are designed to help direct future research as the grid evolves and to give the nation's research and development infrastructure the tools it needs to effectively develop, test, and use this research.

Electric Power Industry in Nontechnical Language

Author : Denise Warkentin-Glenn
Publisher : PennWell Books
ISBN 13 :
Total Pages : 320 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Electric Power Industry in Nontechnical Language by : Denise Warkentin-Glenn

Download or read book Electric Power Industry in Nontechnical Language written by Denise Warkentin-Glenn and published by PennWell Books. This book was released on 2006 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Power generation -- Power transmission and distribution -- The beginning of the electric utility industry -- The electric utility industry as a regulated entity -- Restructuring, standards, and accountability -- The energy policy act of 2005 -- Transmission, technology, and the pursuit of reliability -- Environmental standards and issues -- The electric utility industry as a business enterprise.

Producing Power

Author : Sonja D. Schmid
Publisher : MIT Press
ISBN 13 : 0262028271
Total Pages : 395 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis Producing Power by : Sonja D. Schmid

Download or read book Producing Power written by Sonja D. Schmid and published by MIT Press. This book was released on 2015-02-06 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents -- Acknowledgments -- Note on Transliteration and Translation -- Acronyms and Abbreviations -- Introduction -- 1 Envisioning a Nuclear-Powered State -- 2: Between Atomic Bombs and Power Plants -- 3: Training Nuclear Experts -- 4: "May the Atom Be a Worker, Not a Soldier!"--5: Chernobyl -- 6: Conclusion -- Epilogue: Writing about Chernobyl after Fukushima -- Biographical Notes -- Methodological Appendix -- List of Interviews -- Notes -- Bibliography -- Index

Computational Auction Mechanisms for Restructured Power Industry Operation

Author : Gerald B. Sheblé
Publisher : Springer Science & Business Media
ISBN 13 : 1461551579
Total Pages : 348 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Computational Auction Mechanisms for Restructured Power Industry Operation by : Gerald B. Sheblé

Download or read book Computational Auction Mechanisms for Restructured Power Industry Operation written by Gerald B. Sheblé and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: `Electric energy must be treated as a commodity which can be bought, sold, and traded, taking into account its time- and space-varying values and costs.` Spot Pricing of Electricity, Schweppe et al, 1988. Computational Auction Mechanisms for Restructured Power Industry Operation outlines the application of auction methods for all aspects of power system operation, primarily for a competitive environment. A complete description of the industry structure as well as the various markets now being formed is given. A thorough introduction to auction basics is included to explain how auctions have grown in other industries. Auction methods are compared to classical techniques for power system analysis, operations, and planning. The traditional applications of economic dispatch, optimal power flow and unit commitment are compared to auction mechanisms. Algorithms for auctions using linearized power flow equations, DC power flow equations, and AC power flow equations are included. The bundling of supportive services, known as ancillary services within the United States, is discussed. Extensions to the basic auction algorithms for inclusion of supportive services as well as algorithms for scheduling and bidding on generation for GENCOs or independent power producers are presented. Algorithms for scheduling and contracting with customers are also presented for energy service companies. An introduction to the various commodity and financial market products includes the use of futures and options for GENCOs. The material is useful for students performing research on the new business environment based on competition. Regulators will find information on initial methods of designing and evaluating market systems, and power exchange and financial analysts will find information on the interdependence of markets and power system-based techniques for risk management. This information compares the new business environment solutions with old business environment solutions. Computational Auction Mechanisms for Restructured Power Industry Operation provides a first introduction to how electricity will be traded as a commodity in the future.

Power Generation Technologies

Author : Paul Breeze
Publisher : Elsevier
ISBN 13 : 9780080480107
Total Pages : 288 pages
Book Rating : 4.4/5 (81 download)

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Book Synopsis Power Generation Technologies by : Paul Breeze

Download or read book Power Generation Technologies written by Paul Breeze and published by Elsevier. This book was released on 2005-02-04 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes intelligible the wide range of electricity generating technologies available today, as well as some closely allied technologies such as energy storage. The book opens by setting the many power generation technologies in the context of global energy consumption, the development of the electricity generation industry and the economics involved in this sector. A series of chapters are each devoted to assessing the environmental and economic impact of a single technology, including conventional technologies, nuclear and renewable (such as solar, wind and hydropower). The technologies are presented in an easily digestible form. Different power generation technologies have different greenhouse gas emissions and the link between greenhouse gases and global warming is a highly topical environmental and political issue. With developed nations worldwide looking to reduce their emissions of carbon dioxide, it is becoming increasingly important to explore the effectiveness of a mix of energy generation technologies. Power Generation Technologies gives a clear, unbiased review and comparison of the different types of power generation technologies available. In the light of the Kyoto protocol and OSPAR updates, Power Generation Technologies will provide an invaluable reference text for power generation planners, facility managers, consultants, policy makers and economists, as well as students and lecturers of related Engineering courses. · Provides a unique comparison of a wide range of power generation technologies - conventional, nuclear and renewable · Describes the workings and environmental impact of each technology · Evaluates the economic viability of each different power generation system

Practical Power Distribution for Industry

Author : Jan De Kock
Publisher : Elsevier
ISBN 13 : 9780080480091
Total Pages : 192 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Practical Power Distribution for Industry by : Jan De Kock

Download or read book Practical Power Distribution for Industry written by Jan De Kock and published by Elsevier. This book was released on 2004-07-16 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides technical know-how not covered by most universities and colleges in a subject that is central to the roles of many electrical engineers in industry, focusing on switchgear, power cables, power factor correction, and network studies. * Learn how to install and maintain electrical power equipment in industrial settings * Select and specify the right power system at the right price * Provides the practical essentials for reliable operation of industrial electrical networks - covering switchgear, cabling and power correction factors

Electric Power Annual

Author :
Publisher :
ISBN 13 :
Total Pages : 776 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Electric Power Annual by :

Download or read book Electric Power Annual written by and published by . This book was released on 1982 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Reinventing Fire

Author : Amory Lovins
Publisher : Chelsea Green Publishing
ISBN 13 : 1603583726
Total Pages : 4 pages
Book Rating : 4.6/5 (35 download)

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Book Synopsis Reinventing Fire by : Amory Lovins

Download or read book Reinventing Fire written by Amory Lovins and published by Chelsea Green Publishing. This book was released on 2011-10-15 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: Imagine fuel without fear. No climate change. No oil spills, no dead coalminers, no dirty air, no devastated lands, no lost wildlife. No energy poverty. No oil-fed wars, tyrannies, or terrorists. No leaking nuclear wastes or spreading nuclear weapons. Nothing to run out. Nothing to cut off. Nothing to worry about. Just energy abundance, benign and affordable, for all, forever. That richer, fairer, cooler, safer world is possible, practical, even profitable-because saving and replacing fossil fuels now works better and costs no more than buying and burning them. Reinventing Fire shows how business-motivated by profit, supported by civil society, sped by smart policy-can get the US completely off oil and coal by 2050, and later beyond natural gas as well. Authored by a world leader on energy and innovation, the book maps a robust path for integrating real, here-and-now, comprehensive energy solutions in four industries-transportation, buildings, electricity, and manufacturing-melding radically efficient energy use with reliable, secure, renewable energy supplies.Popular in tone and rooted in applied hope, Reinventing Fire shows how smart businesses are creating a potent, global, market-driven, and explosively growing movement to defossilize fuels. It points readers to trillions in savings over the next 40 years, and trillions more in new business opportunities.Whether you care most about national security, or jobs and competitive advantage, or climate and environment, this major contribution by world leaders in energy innovation offers startling innovations will support your values, inspire your support, and transform your sense of possibility.Pragmatic citizens today are more interested in outcomes than motives. Reinventing Fire answers this trans-ideological call. Whether you care most about national security, or jobs and competitive advantage, or climate and environment, its startling innovations will support your values, inspire your support, and transform your sense of possibility.

Power Plants in the Industry

Author : Tolga Taner
Publisher : BoD – Books on Demand
ISBN 13 : 1789850835
Total Pages : 149 pages
Book Rating : 4.7/5 (898 download)

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Book Synopsis Power Plants in the Industry by : Tolga Taner

Download or read book Power Plants in the Industry written by Tolga Taner and published by BoD – Books on Demand. This book was released on 2019-02-06 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main aim of this study is to present power plants for all fields of industry. The chapters collected in the book are contributions by invited researchers with long-standing experience in different research areas. I hope that the material presented here is understandable to a wide audience, not only energy and mechanical engineering specialists but also scientists from various disciplines. The book contains seven chapters in two sections: (1) "Power Plants

Captive Audience

Author : Susan Crawford
Publisher : Yale University Press
ISBN 13 : 0300167377
Total Pages : 351 pages
Book Rating : 4.3/5 (1 download)

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Book Synopsis Captive Audience by : Susan Crawford

Download or read book Captive Audience written by Susan Crawford and published by Yale University Press. This book was released on 2013-01-08 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ten years ago, the United States stood at the forefront of the Internet revolution. With some of the fastest speeds and lowest prices in the world for high-speed Internet access, the nation was poised to be the global leader in the new knowledge-based economy. Today that global competitive advantage has all but vanished because of a series of government decisions and resulting monopolies that have allowed dozens of countries, including Japan and South Korea, to pass us in both speed and price of broadband. This steady slide backward not only deprives consumers of vital services needed in a competitive employment and business market—it also threatens the economic future of the nation. This important book by leading telecommunications policy expert Susan Crawford explores why Americans are now paying much more but getting much less when it comes to high-speed Internet access. Using the 2011 merger between Comcast and NBC Universal as a lens, Crawford examines how we have created the biggest monopoly since the breakup of Standard Oil a century ago. In the clearest terms, this book explores how telecommunications monopolies have affected the daily lives of consumers and America's global economic standing.

Economics of Electricity

Author : Anna Cretì
Publisher : Cambridge University Press
ISBN 13 : 1107185653
Total Pages : 369 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis Economics of Electricity by : Anna Cretì

Download or read book Economics of Electricity written by Anna Cretì and published by Cambridge University Press. This book was released on 2019-05-30 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains the economics of electricity at each step of the supply chain: production, transportation and distribution, and retail.

Green Innovation in China

Author : Joanna I. Lewis
Publisher : Columbia University Press
ISBN 13 : 0231153309
Total Pages : 306 pages
Book Rating : 4.2/5 (311 download)

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Book Synopsis Green Innovation in China by : Joanna I. Lewis

Download or read book Green Innovation in China written by Joanna I. Lewis and published by Columbia University Press. This book was released on 2013 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Just a decade ago, China maintained only a handful of operating wind turbines -- all imported from Europe and the United States.

Wind Power

Author : Ben Backwell
Publisher : Routledge
ISBN 13 : 1317685407
Total Pages : 168 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis Wind Power by : Ben Backwell

Download or read book Wind Power written by Ben Backwell and published by Routledge. This book was released on 2014-09-23 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wind Power – The Struggle for Control of a New Global Industry looks at the nations, companies and people fighting for control of one of the world’s fastest growing new industries and how we can harness one of the planet’s most powerful energy resources – wind power. The book also examines the challenges the sector faces as it competes for influence and investment with the fossil fuel industry across the globe. The wind power business has grown from a niche sector within the energy industry to a global industry attracting substantial investment in recent years. In Europe wind has become the biggest source of new power generation capacity, while wind is successfully competing with the gas, coal and nuclear sectors in China and the US. The specialist wind turbine companies that pioneered the business have gone global over the last decade, while big industrial conglomerates have entered the fray. European companies are struggling to maintain their technological and market lead in the sector, in a three cornered battle with China and the US. Meanwhile, the industry is fighting to drive down costs in the face of a fossil fuel generation industry bolstered by the onset of cheap shale gas. And wind companies continue to wrestle with a stop-go cycle of investment across the world, with some traditional markets stuttering under the impact of the financial crisis and fiscal austerity, while new power hungry markets in Asia and South America emerge. Wind Power – The Struggle for Control of a New Global Industry analyses the industry climbers, the investment trends and the technological advancements that will define the future of wind energy.

Terrorism and the Electric Power Delivery System

Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309114047
Total Pages : 165 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Terrorism and the Electric Power Delivery System by : National Research Council

Download or read book Terrorism and the Electric Power Delivery System written by National Research Council and published by National Academies Press. This book was released on 2012-11-25 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: The electric power delivery system that carries electricity from large central generators to customers could be severely damaged by a small number of well-informed attackers. The system is inherently vulnerable because transmission lines may span hundreds of miles, and many key facilities are unguarded. This vulnerability is exacerbated by the fact that the power grid, most of which was originally designed to meet the needs of individual vertically integrated utilities, is being used to move power between regions to support the needs of competitive markets for power generation. Primarily because of ambiguities introduced as a result of recent restricting the of the industry and cost pressures from consumers and regulators, investment to strengthen and upgrade the grid has lagged, with the result that many parts of the bulk high-voltage system are heavily stressed. Electric systems are not designed to withstand or quickly recover from damage inflicted simultaneously on multiple components. Such an attack could be carried out by knowledgeable attackers with little risk of detection or interdiction. Further well-planned and coordinated attacks by terrorists could leave the electric power system in a large region of the country at least partially disabled for a very long time. Although there are many examples of terrorist and military attacks on power systems elsewhere in the world, at the time of this study international terrorists have shown limited interest in attacking the U.S. power grid. However, that should not be a basis for complacency. Because all parts of the economy, as well as human health and welfare, depend on electricity, the results could be devastating. Terrorism and the Electric Power Delivery System focuses on measures that could make the power delivery system less vulnerable to attacks, restore power faster after an attack, and make critical services less vulnerable while the delivery of conventional electric power has been disrupted.