Forecasting and Assessing Risk of Individual Electricity Peaks

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Publisher : Springer Nature
ISBN 13 : 303028669X
Total Pages : 108 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis Forecasting and Assessing Risk of Individual Electricity Peaks by : Maria Jacob

Download or read book Forecasting and Assessing Risk of Individual Electricity Peaks written by Maria Jacob and published by Springer Nature. This book was released on 2019-09-25 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: The overarching aim of this open access book is to present self-contained theory and algorithms for investigation and prediction of electric demand peaks. A cross-section of popular demand forecasting algorithms from statistics, machine learning and mathematics is presented, followed by extreme value theory techniques with examples. In order to achieve carbon targets, good forecasts of peaks are essential. For instance, shifting demand or charging battery depends on correct demand predictions in time. Majority of forecasting algorithms historically were focused on average load prediction. In order to model the peaks, methods from extreme value theory are applied. This allows us to study extremes without making any assumption on the central parts of demand distribution and to predict beyond the range of available data. While applied on individual loads, the techniques described in this book can be extended naturally to substations, or to commercial settings. Extreme value theory techniques presented can be also used across other disciplines, for example for predicting heavy rainfalls, wind speed, solar radiation and extreme weather events. The book is intended for students, academics, engineers and professionals that are interested in short term load prediction, energy data analytics, battery control, demand side response and data science in general.

International Energy Outlook

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Publisher :
ISBN 13 :
Total Pages : 74 pages
Book Rating : 4.3/5 (129 download)

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Book Synopsis International Energy Outlook by :

Download or read book International Energy Outlook written by and published by . This book was released on 1986 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Modeling and Forecasting Electricity Loads and Prices

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Publisher : John Wiley & Sons
ISBN 13 : 0470059990
Total Pages : 192 pages
Book Rating : 4.4/5 (7 download)

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Book Synopsis Modeling and Forecasting Electricity Loads and Prices by : Rafal Weron

Download or read book Modeling and Forecasting Electricity Loads and Prices written by Rafal Weron and published by John Wiley & Sons. This book was released on 2007-01-30 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an in-depth and up-to-date review of different statistical tools that can be used to analyze and forecast the dynamics of two crucial for every energy company processes—electricity prices and loads. It provides coverage of seasonal decomposition, mean reversion, heavy-tailed distributions, exponential smoothing, spike preprocessing, autoregressive time series including models with exogenous variables and heteroskedastic (GARCH) components, regime-switching models, interval forecasts, jump-diffusion models, derivatives pricing and the market price of risk. Modeling and Forecasting Electricity Loads and Prices is packaged with a CD containing both the data and detailed examples of implementation of different techniques in Matlab, with additional examples in SAS. A reader can retrace all the intermediate steps of a practical implementation of a model and test his understanding of the method and correctness of the computer code using the same input data. The book will be of particular interest to the quants employed by the utilities, independent power generators and marketers, energy trading desks of the hedge funds and financial institutions, and the executives attending courses designed to help them to brush up on their technical skills. The text will be also of use to graduate students in electrical engineering, econometrics and finance wanting to get a grip on advanced statistical tools applied in this hot area. In fact, there are sixteen Case Studies in the book making it a self-contained tutorial to electricity load and price modeling and forecasting.

Energy Demand: Facts and Trends

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Publisher : Springer
ISBN 13 : 9783709186411
Total Pages : 0 pages
Book Rating : 4.1/5 (864 download)

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Book Synopsis Energy Demand: Facts and Trends by : B. Chateau

Download or read book Energy Demand: Facts and Trends written by B. Chateau and published by Springer. This book was released on 2011-12-31 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fIrst oil crisis of 1973-74 and the questions it raised in the economic and social fIelds drew attention to energy issues. Industrial societies, accustomed for two decades or more to energy sufficiently easy to produce and cheap to consume that it was thought to be inexhaustible, began to question their energy future. The studies undertaken at that time, and since, on a national, regional, or world level were over-optimistic. The problem seemed simple enough to solve. On the one hand, a certain number of resources: coal, the abundance of which was discovered, or rather rediscovered oil, source of all the problems ... In fact, the problems seemed to come, if not from oil itself (an easy explanation), then from those who produced it without really owning it, and from those who owned it without really control ling it natural gas, second only to oil and less compromised uranium, all of whose promises had not been kept, but whose resources were not in question solar energy, multiform and really inexhaustible thermonuclear fusion, and geothermal energy, etc. On the other hand, energy consumption, though excessive perhaps, was symbolic of progress, development, and increased well being. The originality of the energy policies set up since 1974 lies in the fact they no longer aimed to produce (or import) more, but to consume less. They sought, and still seek, what might be emphatically called the control of energy consump tion, or rather the control of energy demand.

Energy for Sustainable Development

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Publisher : Academic Press
ISBN 13 : 0128146451
Total Pages : 218 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Energy for Sustainable Development by : Md Hasanuzzaman

Download or read book Energy for Sustainable Development written by Md Hasanuzzaman and published by Academic Press. This book was released on 2019-10-31 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy for Sustainable Development: Demand, Supply, Conversion and Management presents a comprehensive look at recent developments and provides guidance on energy demand, supply, analysis and forecasting of modern energy technologies for sustainable energy conversion. The book analyzes energy management techniques and the economic and environmental impact of energy usage and storage. Including modern theories and the latest technologies used in the conversion of energy for traditional fossil fuels and renewable energy sources, this book provides a valuable reference on recent innovations. Researchers, engineers and policymakers will find this book to be a comprehensive guide on modern theories and technologies for sustainable development.

Renewable Energy Forecasting

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Publisher : Woodhead Publishing
ISBN 13 : 0081005059
Total Pages : 388 pages
Book Rating : 4.0/5 (81 download)

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Book Synopsis Renewable Energy Forecasting by : Georges Kariniotakis

Download or read book Renewable Energy Forecasting written by Georges Kariniotakis and published by Woodhead Publishing. This book was released on 2017-09-29 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Renewable Energy Forecasting: From Models to Applications provides an overview of the state-of-the-art of renewable energy forecasting technology and its applications. After an introduction to the principles of meteorology and renewable energy generation, groups of chapters address forecasting models, very short-term forecasting, forecasting of extremes, and longer term forecasting. The final part of the book focuses on important applications of forecasting for power system management and in energy markets. Due to shrinking fossil fuel reserves and concerns about climate change, renewable energy holds an increasing share of the energy mix. Solar, wind, wave, and hydro energy are dependent on highly variable weather conditions, so their increased penetration will lead to strong fluctuations in the power injected into the electricity grid, which needs to be managed. Reliable, high quality forecasts of renewable power generation are therefore essential for the smooth integration of large amounts of solar, wind, wave, and hydropower into the grid as well as for the profitability and effectiveness of such renewable energy projects. - Offers comprehensive coverage of wind, solar, wave, and hydropower forecasting in one convenient volume - Addresses a topic that is growing in importance, given the increasing penetration of renewable energy in many countries - Reviews state-of-the-science techniques for renewable energy forecasting - Contains chapters on operational applications

Energy Time Series Forecasting

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Publisher : Springer Vieweg
ISBN 13 : 9783658110383
Total Pages : 0 pages
Book Rating : 4.1/5 (13 download)

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Book Synopsis Energy Time Series Forecasting by : Lars Dannecker

Download or read book Energy Time Series Forecasting written by Lars Dannecker and published by Springer Vieweg. This book was released on 2015-08-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lars Dannecker developed a novel online forecasting process that significantly improves how forecasts are calculated. It increases forecasting efficiency and accuracy, as well as allowing the process to adapt to different situations and applications. Improving the forecasting efficiency is a key pre-requisite for ensuring stable electricity grids in the face of an increasing amount of renewable energy sources. It is also important to facilitate the move from static day ahead electricity trading towards more dynamic real-time marketplaces. The online forecasting process is realized by a number of approaches on the logical as well as on the physical layer that we introduce in the course of this book. Nominated for the Georg-Helm-Preis 2015 awarded by the Technische Universität Dresden.

Spatial Electric Load Forecasting

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Publisher : CRC Press
ISBN 13 : 9780203910764
Total Pages : 770 pages
Book Rating : 4.9/5 (17 download)

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Book Synopsis Spatial Electric Load Forecasting by : H. Lee Willis

Download or read book Spatial Electric Load Forecasting written by H. Lee Willis and published by CRC Press. This book was released on 2002-08-09 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt: Containing 12 new chapters, this second edition offers increased coverage of weather correction and normalization of forecasts, anticipation of redevelopment, determining the validity of announced developments, and minimizing risk from over- or under-planning. It provides specific examples and detailed explanations of key points to consider for both standard and unusual utility forecasting situations, information on new algorithms and concepts in forecasting, a review of forecasting pitfalls and mistakes, case studies depicting challenging forecast environments, and load models illustrating various types of demand.

Mathematical Modelling of Contemporary Electricity Markets

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Publisher : Academic Press
ISBN 13 : 0128218398
Total Pages : 444 pages
Book Rating : 4.1/5 (282 download)

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Book Synopsis Mathematical Modelling of Contemporary Electricity Markets by : Athanasios Dagoumas

Download or read book Mathematical Modelling of Contemporary Electricity Markets written by Athanasios Dagoumas and published by Academic Press. This book was released on 2021-01-30 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mathematical Modelling of Contemporary Electricity Markets reviews major methodologies and tools to accurately analyze and forecast contemporary electricity markets in a ways that is ideal for practitioner and academic audiences. Approaches include optimization, neural networks, genetic algorithms, co-optimization, econometrics, E3 models and energy system models. The work examines how new challenges affect power market modeling, including discussions of stochastic renewables, price volatility, dynamic participation of demand, integration of storage and electric vehicles, interdependence with other commodity markets and the evolution of policy developments (market coupling processes, security of supply). Coverage addresses all major forms of electricity markets: day-ahead, forward, intraday, balancing, and capacity. - Provides a diverse body of established techniques suitable for modeling any major aspect of electricity markets - Familiarizes energy experts with the quantitative skills needed in competitive electricity markets - Reviews market risk for energy investment decisions by stressing the multi-dimensionality of electricity markets

Renewable Energy: Forecasting and Risk Management

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Publisher : Springer
ISBN 13 : 3319990527
Total Pages : 252 pages
Book Rating : 4.3/5 (199 download)

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Book Synopsis Renewable Energy: Forecasting and Risk Management by : Philippe Drobinski

Download or read book Renewable Energy: Forecasting and Risk Management written by Philippe Drobinski and published by Springer. This book was released on 2018-12-27 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gathering selected, revised and extended contributions from the conference ‘Forecasting and Risk Management for Renewable Energy FOREWER’, which took place in Paris in June 2017, this book focuses on the applications of statistics to the risk management and forecasting problems arising in the renewable energy industry. The different contributions explore all aspects of the energy production chain: forecasting and probabilistic modelling of renewable resources, including probabilistic forecasting approaches; modelling and forecasting of wind and solar power production; prediction of electricity demand; optimal operation of microgrids involving renewable production; and finally the effect of renewable production on electricity market prices. Written by experts in statistics, probability, risk management, economics and electrical engineering, this multidisciplinary volume will serve as a reference on renewable energy risk management and at the same time as a source of inspiration for statisticians and probabilists aiming to work on energy-related problems.

Global Renewables Outlook: Energy Transformation 2050

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Publisher : International Renewable Energy Agency (IRENA)
ISBN 13 : 9292602500
Total Pages : 344 pages
Book Rating : 4.2/5 (926 download)

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Book Synopsis Global Renewables Outlook: Energy Transformation 2050 by : International Renewable Energy Agency IRENA

Download or read book Global Renewables Outlook: Energy Transformation 2050 written by International Renewable Energy Agency IRENA and published by International Renewable Energy Agency (IRENA). This book was released on 2020-04-01 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This outlook highlights climate-safe investment options until 2050, policies for transition and specific regional challenges. It also explores options to eventually cut emissions to zero.

World Energy Outlook 2019

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Publisher :
ISBN 13 : 9789264523272
Total Pages : 807 pages
Book Rating : 4.5/5 (232 download)

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Book Synopsis World Energy Outlook 2019 by : International Energy Agency

Download or read book World Energy Outlook 2019 written by International Energy Agency and published by . This book was released on 2019-11-13 with total page 807 pages. Available in PDF, EPUB and Kindle. Book excerpt: The World Energy Outlook series is a leading source of strategic insight on the future of energy and energy-related emissions, providing detailed scenarios that map out the consequences of different energy policy and investment choices. This year's edition updates the outlooks for all fuels, technologies and regions, based on the latest market data, policy initiatives and cost trends. In addition, the 2019 report tackles some key questions in depth: (i) What do the shale revolution, the rise of liquefied natural gas, the falling costs of renewables and the spread of digital technologies mean for tomorrow's energy supply?; (ii) How can the world get on a pathway to meet global climate targets and other sustainable energy goals?; (iii) What are the energy choices that will shape Africa's future, and how might the rise of the African consumer affect global trends?; (iv) How large a role could offshore wind play in the transformation of the energy sector?; (v) Could the world's gas grids one day deliver low-carbon energy?

Fuzzy Information and Engineering 2010

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Publisher : Springer Science & Business Media
ISBN 13 : 3642148808
Total Pages : 793 pages
Book Rating : 4.6/5 (421 download)

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Book Synopsis Fuzzy Information and Engineering 2010 by : Bing-Yuan Cao

Download or read book Fuzzy Information and Engineering 2010 written by Bing-Yuan Cao and published by Springer Science & Business Media. This book was released on 2010-09-27 with total page 793 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the proceedings of the 5th Annual Conference on Fuzzy Information and Engineering (ACFIE2010) from Sep. 23-27, 2010 in Huludao, China. This book contains 89 papers, divided into five main parts: In Section I, we have 15 papers on “the mathematical theory of fuzzy systems”. In Section II, we have 15 papers on “fuzzy logic, systems and control”. In Section III, we have 24 papers on “fuzzy optimization and decision-making”. In Section IV, we have 17 papers on “fuzzy information, identification and clustering”. In Section V, we have 18 papers on “fuzzy engineering application and soft computing method”.

Energy Demand Forecasting

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Publisher :
ISBN 13 :
Total Pages : 386 pages
Book Rating : 4.0/5 (18 download)

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Book Synopsis Energy Demand Forecasting by : United States. Congress. House. Committee on Science and Technology. Subcommittee on Investigations and Oversight

Download or read book Energy Demand Forecasting written by United States. Congress. House. Committee on Science and Technology. Subcommittee on Investigations and Oversight and published by . This book was released on 1981 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Artificial Neural Network Modelling

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Publisher : Springer
ISBN 13 : 3319284959
Total Pages : 468 pages
Book Rating : 4.3/5 (192 download)

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Book Synopsis Artificial Neural Network Modelling by : Subana Shanmuganathan

Download or read book Artificial Neural Network Modelling written by Subana Shanmuganathan and published by Springer. This book was released on 2016-02-03 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers theoretical aspects as well as recent innovative applications of Artificial Neural networks (ANNs) in natural, environmental, biological, social, industrial and automated systems. It presents recent results of ANNs in modelling small, large and complex systems under three categories, namely, 1) Networks, Structure Optimisation, Robustness and Stochasticity 2) Advances in Modelling Biological and Environmental Systems and 3) Advances in Modelling Social and Economic Systems. The book aims at serving undergraduates, postgraduates and researchers in ANN computational modelling.

Sustainable Power Generation

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Publisher : Academic Press
ISBN 13 : 0128170123
Total Pages : 620 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Sustainable Power Generation by : Nikolay Belyakov

Download or read book Sustainable Power Generation written by Nikolay Belyakov and published by Academic Press. This book was released on 2019-06-12 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable Power Generation: Current Status, Future Challenges, and Perspectives addresses emerging problems faced by the transition to sustainable electricity generation and combines perspectives of engineering and economics to provide a well-rounded overview. This book features an in-depth discussion of the main aspects of sustainable energy and the infrastructure of existing technologies. It goes on to evaluate natural resources that are sustainable and convenient forms of energy, and finishes with an investigation of the environmental effects of energy systems and power generating systems of the future. Other sections tackle fundamental topics such as thermal power, nuclear energy, bioenergy, hydropower, challenges and risks to sustainable options, and emerging technologies that support global power trends. Sustainable Power Generation explores the future of sustainable electricity generation, highlighting topics such as energy justice, emerging competences, and major transitions that need to be navigated. This is an ideal reference for researchers, engineers, and other technical specialists working in the energy sector, as well as environmental specialists and policy makers.

Engineering Applications of Neural Networks

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Publisher : Springer
ISBN 13 : 3030202577
Total Pages : 554 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis Engineering Applications of Neural Networks by : John Macintyre

Download or read book Engineering Applications of Neural Networks written by John Macintyre and published by Springer. This book was released on 2019-05-14 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the 19th International Conference on Engineering Applications of Neural Networks, EANN 2019, held in Xersonisos, Crete, Greece, in May 2019. The 35 revised full papers and 5 revised short papers presented were carefully reviewed and selected from 72 submissions. The papers are organized in topical sections on AI in energy management - industrial applications; biomedical - bioinformatics modeling; classification - learning; deep learning; deep learning - convolutional ANN; fuzzy - vulnerability - navigation modeling; machine learning modeling - optimization; ML - DL financial modeling; security - anomaly detection; 1st PEINT workshop.