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Uncertainties in energy markets and their consideration in energy storage evaluation

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Book Series: Produktion und Energie / Karlsruher Institut für Technologie, Institut für Industriebetriebslehre und industrielle Produktion u. Deutsch-Französisches Institut für Umweltforschung ISSN: 21942404 ISBN: 9783731500469 Year: Volume: 4 Pages: XII, 236 p. DOI: 10.5445/KSP/1000035365 Language: ENGLISH
Publisher: KIT Scientific Publishing
Subject: Business and Management
Added to DOAB on : 2019-07-30 20:02:01
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Abstract

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.

Sustainable Energy Systems Planning, Integration and Management

Authors: --- --- --- --- et al.
ISBN: 9783039280469 9783039280476 Year: Pages: 286 DOI: 10.3390/books978-3-03928-047-6 Language: English
Publisher: MDPI - Multidisciplinary Digital Publishing Institute
Subject: General and Civil Engineering --- Technology (General)
Added to DOAB on : 2020-01-30 16:39:46
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Energy systems worldwide are undergoing major transformation as a consequence of the transition towards the widespread use of clean and sustainable energy sources. Basically, this involves massive changes in technical and organizational levels together with tremendous technological upgrades in different sectors ranging from energy generation and transmission systems down to distribution systems. These actions generate huge science and engineering challenges and demands for expert knowledge in the field to create solutions for a sustainable energy system that is economically, environmentally, and socially viable while meeting high security requirements. This book covers these promising and dynamic areas of research and development, and presents contributions in sustainable energy systems planning, integration, and management. Moreover, the book elaborates on a variety of topics, ranging from design and planning of small- to large-scale energy systems to the operation and control of energy networks in different sectors, namely electricity, heat, ?and transport.

Keywords

Black Sea --- Romanian coastal environment --- wave energy --- numerical models --- SWAN --- renewable energy --- environment --- solid waste to energy plant --- FANP --- TOPSIS --- fuzzy logic --- MCDM --- smart logistics system --- smart box --- information platform --- renewable biomass energy --- agricultural pruning --- cuckoo search algorithm --- support vector machine --- ensemble empirical mode decomposition --- wind speed forecasting --- forecasting validity --- smart logistics system --- information platform --- pruning biomass --- performance evaluation --- product quality model --- product usability testing --- rural residential building --- solar energy --- heat transfer --- wind velocities --- field test and numerical simulation --- renewable energy --- load regulation --- datacenter --- smart grid --- demand response --- threshold value of daily operation hours --- intermittent heating --- configurations of internal wall --- heat storage and release --- hot summer and cold winter climate zone --- dual robust optimization --- risk aversion --- energy and environmental systems --- vehicular emissions --- multiple uncertainties --- photovoltaic systems --- meteorological variables --- electric power --- gradient descent --- sustainable development --- optimal chiller loading (OCL) --- uncertain cooling demand --- information gap decision theory (IGDT) --- mixed-integer non-linear programming problem (MINLP) --- novel method --- internal coverings --- neural networks --- energy --- thermal comfort --- control system --- resampling --- feature extraction --- non-intrusive load monitoring --- pure electric buses --- multi-type bus operating organization --- time-space network --- energy consumption --- public transport --- n/a

Optimum Choice of Energy System Configuration and Storages for a Proper Match between Energy Conversion and Demands

Authors: ---
ISBN: 9783039280360 9783039280377 Year: Pages: 362 DOI: 10.3390/books978-3-03928-037-7 Language: English
Publisher: MDPI - Multidisciplinary Digital Publishing Institute
Subject: Science (General) --- Physics (General)
Added to DOAB on : 2020-04-07 23:07:09
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This Special Issue addresses the general problem of a proper match between the demands of energy users and the units for energy conversion and storage, by means of proper design and operation of the overall energy system configuration. The focus is either on systems including single plants or groups of plants, connected or not to one or more energy distribution networks. In both cases, the optimum design and operation involve decisions about thermodynamic processes, about the type, number, design parameters of components/plants, and storage capacities, and about mutual interconnections and the interconnections with the distribution grids. The problem is absolutely general, encompassing design and operation of energy systems for single houses, groups of houses, industries, industrial districts, municipal areas, regions and countries. The presented papers show that similar approaches can be used in different applications, although a general standard has not been achieved yet.

Keywords

advanced exergy-based analysis --- superstructure-based --- superstructure-free --- mathematical programming --- flowsheet synthesis --- multi-objective optimization --- thermal power plants --- gas supply chain --- optimization --- distributed energy --- liquefied natural gas (LNG) --- compressed natural gas (CNG) --- small-scale compressed-air energy storage (SS-CAES) --- energy storage --- exergy analysis --- optimization --- Real Coded Genetic Algorithm (RCGA) --- Violation Constraint-Handling (VCH) --- oil palm --- palm oil mills --- palm oil residues --- value-added products --- supply chains optimization --- spatial analysis --- techno-economic analysis --- wave energy --- battery storage --- price estimation --- hourly distribution --- electricity production --- electricity demand --- synthesis/design optimization --- cycle configuration --- absorption technology --- absorption refrigerator --- district energy system --- optimization --- renewable energy systems --- combined heat and power --- operating cost --- uncertainty --- reliability --- sustainability --- IEEE-RTS --- uncertainties --- MONA --- energy storage --- thermo-electric --- supercritical CO2 --- solar energy --- thermal energy storage --- mixed integer linear programming --- rolling-horizon --- combined heat and power --- optimization --- energy systems --- integrated ship energy systems --- synthesis --- design and operation optimization --- intertemporal optimization --- dynamic optimization --- smart energy systems --- Mixed-Integer NonLinear/Linear Programming (MINLP/MILP) --- dynamic modelling --- design and operation optimization --- fleet of energy conversion and storage units --- smart power systems --- multi-energy systems --- optimization of energy systems design and operation

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