Industry And Power

Author : Christoph Weber
Publisher : Springer Science & Business Media
Page : 325 pages
File Size : 50,6 Mb
Release : 2005
Category : Business & Economics
ISBN : 9780387230474

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Uncertainty in the Electric Power Industry by Christoph Weber Pdf

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.

Author : Patrick Bangert
Publisher : Elsevier
Page : 276 pages
File Size : 40,7 Mb
Release : 2021-01-14
Category : Technology & Engineering
ISBN : 9780128226001

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Machine Learning and Data Science in the Power Generation Industry by Patrick Bangert Pdf

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

Author : John E. Kwoka Jr.
Publisher : Springer Science & Business Media
Page : 200 pages
File Size : 48,9 Mb
Release : 2007-08-28
Category : Business & Economics
ISBN : 9780585229652

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Power Structure by John E. Kwoka Jr. Pdf

Power Structure examines the effects on economic performance of several key features of the U.S. electric power industry. Paramount among these are public versus private ownership, vertical integration versus deintegration, and retail competition versus monopoly distribution. Each of these, as well as other structural characteristics of utilities and their markets, are analyzed for their effects on costs and price. These issues are important for a number of reasons. The U.S. electric power industry is presently embarking on a fundamental restructuring in terms of integration and competition. In other countries, privatization of state-owned enterprises is being viewed as the answer to unsatisfactory performance. From a longer perspective, the question of the relative performance of publicly owned versus privately owned utilities in the U.S. has never been resolved. And despite much speculation there is little reliable evidence as to the importance of either vertical integration or competition.

Author : Gerald B. Sheblé
Publisher : Springer Science & Business Media
Page : 348 pages
File Size : 54,9 Mb
Release : 2012-12-06
Category : Technology & Engineering
ISBN : 9781461551577

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Computational Auction Mechanisms for Restructured Power Industry Operation by Gerald B. Sheblé Pdf

`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.

Author : Paul Breeze
Publisher : Elsevier
Page : 288 pages
File Size : 54,8 Mb
Release : 2005-02-04
Category : Technology & Engineering
ISBN : 0080480101

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Power Generation Technologies by Paul Breeze Pdf

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

Author : Sonja D. Schmid
Publisher : MIT Press
Page : 395 pages
File Size : 55,7 Mb
Release : 2015-02-06
Category : Business & Economics
ISBN : 9780262028271

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Producing Power by Sonja D. Schmid Pdf

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

Author : Rosemary Harris
Publisher : Routledge
Page : 245 pages
File Size : 52,8 Mb
Release : 1987
Category : Ammonia industry
ISBN : 042260920X

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Power and Powerlessness in Industry by Rosemary Harris Pdf

Author : Tolga Taner
Publisher : BoD – Books on Demand
Page : 149 pages
File Size : 45,5 Mb
Release : 2019-02-06
Category : Technology & Engineering
ISBN : 9781789850833

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Power Plants in the Industry by Tolga Taner Pdf

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

Author : Denise Warkentin-Glenn
Publisher : PennWell Books
Page : 320 pages
File Size : 49,6 Mb
Release : 2006
Category : Business & Economics
ISBN : UOM:39015067706393

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Electric Power Industry in Nontechnical Language by Denise Warkentin-Glenn Pdf

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.

Author : Ben Backwell
Publisher : Routledge
Page : 168 pages
File Size : 43,9 Mb
Release : 2014-09-23
Category : Technology & Engineering
ISBN : 9781317685401

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Wind Power by Ben Backwell Pdf

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.

Author : Jeremiah D. Lambert
Publisher : MIT Press
Page : 395 pages
File Size : 43,5 Mb
Release : 2015-08-28
Category : Business & Economics
ISBN : 9780262029506

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The Power Brokers by Jeremiah D. Lambert Pdf

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.

Author : Anonim
Publisher : Unknown
Page : 364 pages
File Size : 45,6 Mb
Release : 1976
Category : Energy policy
ISBN : STANFORD:36105211338129

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Energy Fact Book by Anonim Pdf

Author : National Academies of Sciences, Engineering, and Medicine,Division on Engineering and Physical Sciences,Policy and Global Affairs,Board on Energy and Environmental Systems,Board on Science, Technology, and Economic Policy,Committee on Determinants of Market Adoption of Advanced Energy Efficiency and Clean Energy Technologies
Publisher : National Academies Press
Page : 341 pages
File Size : 47,8 Mb
Release : 2016-09-30
Category : Science
ISBN : 9780309371421

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The Power of Change by National Academies of Sciences, Engineering, and Medicine,Division on Engineering and Physical Sciences,Policy and Global Affairs,Board on Energy and Environmental Systems,Board on Science, Technology, and Economic Policy,Committee on Determinants of Market Adoption of Advanced Energy Efficiency and Clean Energy Technologies Pdf

Electricity, supplied reliably and affordably, is foundational to the U.S. economy and is utterly indispensable to modern society. However, emissions resulting from many forms of electricity generation create environmental risks that could have significant negative economic, security, and human health consequences. Large-scale installation of cleaner power generation has been generally hampered because greener technologies are more expensive than the technologies that currently produce most of our power. Rather than trade affordability and reliability for low emissions, is there a way to balance all three? The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies considers how to speed up innovations that would dramatically improve the performance and lower the cost of currently available technologies while also developing new advanced cleaner energy technologies. According to this report, there is an opportunity for the United States to continue to lead in the pursuit of increasingly clean, more efficient electricity through innovation in advanced technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies makes the case that America's advantagesâ€"world-class universities and national laboratories, a vibrant private sector, and innovative states, cities, and regions that are free to experiment with a variety of public policy approachesâ€"position the United States to create and lead a new clean energy revolution. This study focuses on five paths to accelerate the market adoption of increasing clean energy and efficiency technologies: (1) expanding the portfolio of cleaner energy technology options; (2) leveraging the advantages of energy efficiency; (3) facilitating the development of increasing clean technologies, including renewables, nuclear, and cleaner fossil; (4) improving the existing technologies, systems, and infrastructure; and (5) leveling the playing field for cleaner energy technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies is a call for leadership to transform the United States energy sector in order to both mitigate the risks of greenhouse gas and other pollutants and to spur future economic growth. This study's focus on science, technology, and economic policy makes it a valuable resource to guide support that produces innovation to meet energy challenges now and for the future.

Author : Michael J Andrews,Aaron Chatterji,Josh Lerner,Scott Stern
Publisher : University of Chicago Press
Page : 633 pages
File Size : 55,8 Mb
Release : 2022-03-17
Category : Business & Economics
ISBN : 9780226810782

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The Role of Innovation and Entrepreneurship in Economic Growth by Michael J Andrews,Aaron Chatterji,Josh Lerner,Scott Stern Pdf

"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--

Author : Institution of Chemical Engineers (Great Britain)
Publisher : Unknown
Page : 586 pages
File Size : 43,7 Mb
Release : 1982
Category : Technology & Engineering
ISBN : UOM:39015004534502

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Energy by Institution of Chemical Engineers (Great Britain) Pdf