Books in Energy economic modelling and forecasting

10 results in All results

Renewable Energy Systems

• 3rd Edition
• February 8, 2024
• Henrik Lund
• English
• Hardback 978-0-443-14137-9

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• eBook 978-0-443-14136-2

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Renewable Energy Systems: A Smart Energy Systems Approach to the Choice and Modeling of Fully Decarbonized Societies Third Edition includes updates from globally recognized renewable energy researcher and professor, Henrik Lund, who sets forth a comprehensive methodology for comparing different energy systems’ abilities to integrate fluctuating and intermittent renewable energy sources to achieve a fully decarbonized society. The book presents an energy system analysis methodology, providing the results of more than 15 comprehensive studies, examining the large-scale integration of renewable energy and presenting concrete design examples derived from a dozen renewable energy systems around the globe.The book also undertakes the socio-political realities governing the implementation of renewable energy systems by introducing a theoretical framework approach aimed at understanding how major technological changes, such as renewable energy, can be implemented at both the national and international levels. This is a valuable resource for researchers, scientists, engineers, project managers, policymakers, consultants, and graduate students with an interest in planning, modelling, and implementation of renewable energy systems.

Optimal Operation of Integrated Energy Systems Under Uncertainties

• 1st Edition
• September 6, 2023
• Bo Yang + 2 more
• English
• Paperback 978-0-443-14122-5

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• eBook 978-0-443-14123-2

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Optimal Operation of Integrated Energy Systems Under Uncertainties: Distributionally Robust and Stochastic Models discusses new solutions to the rapidly emerging concerns surrounding energy usage and environmental deterioration. Integrated energy systems (IESs) are acknowledged to be a promising approach to increasing the efficiency of energy utilization by exploiting complementary (alternative) energy sources and storages. IESs show favorable performance for improving the penetration of renewable energy sources (RESs) and accelerating low-carbon transition. However, as more renewables penetrate the energy system, their highly uncertain characteristics challenge the system, with significant impacts on safety and economic issues. To this end, this book provides systematic methods to address the aggravating uncertainties in IESs from two aspects: distributionally robust optimization and online operation.

Electricity Decentralization in the European Union

• 2nd Edition
• July 10, 2023
• Rafael Leal-Arcas
• English
• Paperback 978-0-443-15920-6

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• eBook 978-0-443-15921-3

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Electricity Decentralization in the European Union: Towards Zero Carbon and Energy Transition, Second Edition examines progress in decentralization across the European Union, with each chapter focusing on developments and innovations in a specific country. Sections provide an overview of the current role and state of smart grids, the conceptualization of energy transition, and specific cases across all EU states. Across the chapters, regulatory frameworks are assessed to identify to what extent it is conducive to decentralization, with specific outcomes of decentralization covered in detail, including deployment of smart grids and meters, demand response, electric vehicles, and storage. The book highlights how specific EU member states are progressing towards deployment of these tools and technologies, along with the specific needs and regulatory barriers in each and recommendations for how regulation can be more encouraging. In addition, electricity interconnections in the EU are considered as a vital step towards decentralization in order to boost energy security and energy efficiency. Finally, the book includes a detailed examination of data protection concerns that arise from the advent of new technologies that collect personal information, such as smart grids, assessing current regulation on data protection and identifying areas for improvement, as well as innovative finance options for sustainable energy.

Electricity Cost Modeling Calculations

• 2nd Edition
• September 10, 2021
• Monica Greer
• English
• Hardback 978-0-12-821365-0

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• eBook 978-0-12-821372-8

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Reducing greenhouse gases and increasing the use of renewable energy continue to be critical goals for the power industry and electrical engineers to promote energy cost reductions. Engineers and researchers must keep up to date with the evolution of the power system sector, new energy regulations, and how different pricing techniques apply in today’s market. Electricity Cost Modeling Calculations, Second Edition delivers an updated view on pricing models, regulation, technology and the role renewable energy is starting to take in electricity. Starting with fundamental concepts relating to market structure, an increase in international regulations is added to expand the engineer’s knowledge. Cubic cost modeling and new modeling cases are included along with updated literature reviews for deeper research. The reference then extends into more advanced quantitative methods such as updated rate designs, and a new chapter is included on the marginal cost pricing of electricity in the United States with applications to reduce greenhouse gas emissions, making the reference relevant for today’s power markets. This book provides engineers with a practical guide on the latest techniques in electricity pricing and applications for today’s markets.

Decommissioning Forecasting and Operating Cost Estimation

• 1st Edition
• April 12, 2019
• M.J. Kaiser
• English
• Paperback 978-0-12-818113-3

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The US Gulf of Mexico is one of the largest and most prolific offshore hydrocarbon basins in the world with thousands of structures installed in the region and tens of thousands of wells drilled. Over the past decade, a significant number of structures in shallow water have been decommissioned, as operators can no longer "kick the decommissioning can" down the road. This has opened up new markets and additional regulatory oversight with far-reaching implications. This book describes future decommissioning trends and issues and provides guidance for operator budgeting, regulatory oversight, and service sector companies interested in participating in the field. Decommissioning Forecasting and Operating Cost Estimation is the first of its kind textbook to develop models to forecast platform decommissioning in the Gulf of Mexico and to better understand the dynamics of offshore production cost. The book bridges the gap between modeling and technical knowledge to provide insight into the sector. Topics are presented in five parts covering fundamentals, structure inventories and well trends, decommissioning modeling, critical infrastructure issues, and operating cost estimation. Factor models and activity-based cost models in operating cost estimation conclude the discussion. Decommissioning Forecasting and Operating Cost Estimation helps oil and gas professionals navigate through this complex and challenging field providing an invaluable resource for academics, researchers, and professionals. The book will also serve government regulators, energy and environmental engineers, offshore managers, financial analyst, and others interested in this fascinating and dynamic industry.

Solar Energy, Photovoltaics, and Domestic Hot Water

• 1st Edition
• April 14, 2014
• Russell H. Plante
• English
• Paperback 978-0-12-420155-2

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• eBook 978-0-12-420213-9

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Solar Energy, Photovoltaics, and Domestic Hot Water provides a fundamental understanding of heat and energy conversions and of both solar domestic hot water system types with associated components and photovoltaic/inverter system combinations. It provides the information needed to determine and understand the proper siting requirements, the amount of energy needed (based upon usage), the amount of solar energy available, the methods of comparing collectors for both hot water and photovoltaic situations, and the number of collectors necessary for either hot water or electricity. Solar Energy, Photovoltaics, and Domestic Hot Water also details the investment and cost savings advantages of using solar energy through a unique compilation of information and explanations not available in other publications or on the internet. This includes comprehensive financial explanations with examples using basic engineering management analysis methods. These examples include present and future worth relative to break-even costs and cash flow analysis and actual quoted systems and worksheets for typical electrical solar PV and DHW demand scenarios allowing you to calculate your own cost estimates and to evaluate your own projects relative to investment payback. Solar Energy, Photovoltaics, and Domestic Hot Water will enable readers make informed decisions about the economic practicality of solar generation sources for residential or commercial use based upon location, energy demands, associated conventional fuel costs, solar energy system costs, and tax incentives.

An Exploration into China's Economic Development and Electricity Demand by the Year 2050

• 1st Edition
• October 31, 2013
• Zhaoguang Hu + 2 more
• English
• eBook 978-0-12-420150-7

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An Exploration into China's Economic Development and Electricity Demand by the Year 2050, is an exploratory study of national and regional economic development, energy demand and electricity demand in China by the year of 2050. China’s economy grows rapidly and it is now the second largest economy in the world. In 2010, GDP reached 40 trillion Yuan and electricity consumption was second only to the United States, reaching 4.19 trillion kWh. Many people follow future (long-term) trends of Chinese economic development and demand for electricity closely and are especially interested in how development will look in 2030 and 2050. Based on the ILE4, this book examines the main features of China's economic development and electricity consumption since the economic reform of the 1980's. It includes an analysis of the intrinsic connection between electricity demand and economic growth and the changing trends of the adjustment of economic structure, regional layout optimization and development of the energy intensive industry, as well as how these factors impact China's demand for electricity. In addition, the book considers the next 20 years of China's economic development and growing demand for electricity based on the detailed simulations conducted by ILE4 in regional economic development and electricity consumption in 2030 as well as the prospective of China's electricity consumption and economic growth in the year 2050.

Methods and Models for Assessing Energy Resources

• 1st Edition
• October 22, 2013
• Michel Grenon
• English
• eBook 978-1-4831-8915-4

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Methods and Models for Assessing Energy Resources covers the proceedings of the First IIASA Conference on Energy Resources, held on May 20-21, 1975. This book mainly focuses on energy resources, such as coal, oil and natural gas, and uranium resources, and the assessment of these resources. This text first discusses general activities and classification of energy resources, including the institutions involved, problems faced, and opportunities. This book then explains the methods for assessing petroleum resources. This text devotes two parts, each explaining two energy resources—coal and uranium. This book concludes by explaining the need to further the research and study of this subject. This publication will be invaluable to students and experts in the field of chemistry, particularly engaged in the study of energy resources. Sectors and industries mainly dependent on energy resources will also find this book of significance.

Electricity Cost Modeling Calculations

• 1st Edition
• September 22, 2010
• Monica Greer
• English
• Paperback 978-0-12-810217-6

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• eBook 978-0-08-096135-4

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A "quick look up guide," Electricity Cost Modeling Calculations places the relevant formulae and calculations at the reader's finger tips. In this book, theories are explained in a nutshell and then the calculation is presented and solved in an illustrated, step-by-step fashion. A valuable guide for new engineers, economists (or forecasters), regulators, and policy makers who want to further develop their knowledge of best practice calculations techniques or experienced practitioners (and even managers) who desire to acquire more useful tips, this book offers expert advice for using such cost models to determine optimally-sized distribution systems and optimally-structured power supplying entities. In other words, this book provides an Everything-that-you-want-to-know-about-cost-modelling-for-electric-utilities (but were afraid to ask) approach to modelling the cost of supplying electricity. In addition, the author covers the concept of multiproduct and multistage cost functions, which are appropriate in modelling the cost of supplying electricity. The author has done all the heavy number-crunching, and provides the reader with real-world, practical examples of how to properly quantify the costs associated with providing electric service, thus increasing the accuracy of the results and support for the policy initiatives required to ensure the competitiveness of the power suppliers in this new world in which we are living. The principles contained herein could be employed to assist in the determination of the cost-minimizing amount of output (i.e., electricity), which could then be used to determine whether a merger between two entities makes sense (i.e., would increase profitability). Other examples abound: public regulatory commissions also need help in determining whether mergers (or divestitures) are welfare-enhancing or not; ratemaking policies depend on costs and properly determining the costs of supplying electric (or gas, water, and local telephone) service. Policy makers, too, can benefit in terms of optimal market structure; after all, the premise of deregulation of the electric industry was predicated on the idea that generation could be deregulated. Unfortunately, the economies of vertical integration between the generation.

Electrical Load Forecasting

• 1st Edition
• April 13, 2010
• S.A. Soliman
• English
• Paperback 978-0-12-810221-3

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• eBook 978-0-12-381544-6

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Succinct and understandable, this book is a step-by-step guide to the mathematics and construction of electrical load forecasting models. Written by one of the world’s foremost experts on the subject, Electrical Load Forecasting provides a brief discussion of algorithms, their advantages and disadvantages and when they are best utilized. The book begins with a good description of the basic theory and models needed to truly understand how the models are prepared so that they are not just blindly plugging and chugging numbers. This is followed by a clear and rigorous exposition of the statistical techniques and algorithms such as regression, neural networks, fuzzy logic, and expert systems. The book is also supported by an online computer program that allows readers to construct, validate, and run short and long term models.