Optimization And Decision Making In The Renewable Energy Industry eBook
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Optimization And Decision Making In The Renewable Energy Industry
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Author : Balo, Figen
language : en
Publisher: IGI Global
Release Date : 2022-03-11
Optimization And Decision Making In The Renewable Energy Industry written by Balo, Figen and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-03-11 with Business & Economics categories.
With immense consumption of resources, increased global warming, and environmental pollution, the energy sector has inevitably embraced sustainability. Countries are releasing plans and programs to shift their fossil fuel-dependent energy sectors into clean energy sectors, and projections show that renewable energy will be a significant part of nations’ energy mixes in the near future. Optimization and decision-making techniques have been commonly used in the energy sector as problems encountered in this sector are complex and therefore need comprehensive techniques to solve them. With the uncertainty and high-cost issues of renewable resources, the complexity increases in the sector and requires optimization and decision-making techniques. Optimization and Decision-Making in the Renewable Energy Industry analyzes renewable energy sources using current mathematical methods and techniques and provides advanced knowledge on key opportunities and challenges. The book discusses current and trending mathematical methods, tests their validity and verification, and considers their practical application in the field. Covering topics such as urban sustainability and renewable energy systems, this reference work is ideal for practitioners, academicians, industry professionals, researchers, scholars, instructors, and students.
Multi Criteria Decision Making For Renewable Energy
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Author : Mohamed Abdel-Basset
language : en
Publisher: Elsevier
Release Date : 2023-10-31
Multi Criteria Decision Making For Renewable Energy written by Mohamed Abdel-Basset and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-10-31 with Business & Economics categories.
Multi-Criteria Decision-Making for Renewable Energy: Methods, Applications, and Challenges brings together the latest fuzzy and soft computing methods, models, and algorithms as applied to the field of renewable energy and supported by specific application examples and case studies. The book begins by approaching renewable energy sources, challenges and factors that affect their development, as well as green renewable energy sites and the utilization of fuzzy multi-criteria decision-making (MCDM) techniques in these broad contexts, as well as utilization in addressing the various environmental, economic, and social barriers to ensuring the sustainability of energy resources. Detailed chapters focus on the application of multi-criteria decision-making methods for planning, modeling and prioritization in specific areas of renewable energy, including solar energy, wind farms, solar-powered hydrogen production plants, biofuel production, energy storage, hydropower, and marine energy. Finally, future opportunities and research directions are explored. Provides a set of multi-criteria techniques to address challenges across renewable energy Reviews and analyzes the current state-of-the-art and identifies future opportunities and directions Offers clear examples, case studies and practical applications of the described concepts
Virtual Power Plants And Electricity Markets
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Author : Luis Baringo
language : en
Publisher: Springer Nature
Release Date : 2020-09-03
Virtual Power Plants And Electricity Markets written by Luis Baringo and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-03 with Technology & Engineering categories.
This textbook provides a detailed analysis of operation and planning problems faced by virtual power plants participating in different electricity markets. The chapters address in-depth, topics such as: optimization, market power, expansion, and modelling uncertainty in operation and planning problems of virtual power plants. The book provides an up-to-date description of decision-making tools to address challenging questions faced by virtual power plants such as: How can virtual power plants optimize their participation in electricity markets? How can a virtual power plant exercise market power? How can virtual power plants be optimally expanded? How can uncertainty be efficiently modelled in the operation and planning problems of virtual power plants? The book is written in a tutorial style and modular format, and includes many illustrative examples to facilitate comprehension. It is intended for a diverse audience including advanced undergraduate and graduate students in the fields of electric energy systems, operations research, and economics. Practitioners in the energy sector will also benefit from the concepts and techniques presented in this book. In particular, this book: Provides students with the GAMS codes to solve the examples in the book; Provides a basis for the formulation of decision-making problems under uncertainty; Contains a blend of theoretical concepts and practical applications that are developed as working algorithms.
Optimization In Renewable Energy Systems
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Author : Ozan Erdinc
language : en
Publisher: Butterworth-Heinemann
Release Date : 2017-02-25
Optimization In Renewable Energy Systems written by Ozan Erdinc and has been published by Butterworth-Heinemann this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-02-25 with Technology & Engineering categories.
Optimization in Renewable Energy Systems: Recent Perspectives covers all major areas where optimization techniques have been applied to reduce uncertainty or improve results in renewable energy systems (RES). Production of power with RES is highly variable and unpredictable, leading to the need for optimization-based planning and operation in order to maximize economies while sustaining performance. This self-contained book begins with an introduction to optimization, then covers a wide range of applications in both large and small scale operations, including optimum operation of electric power systems with large penetration of RES, power forecasting, transmission system planning, and DG sizing and siting for distribution and end-user premises. This book is an excellent choice for energy engineers, researchers, system operators, system regulators, and graduate students. Provides chapters written by experts in the field Goes beyond forecasting to apply optimization techniques to a wide variety of renewable energy system issues, from large scale to relatively small scale systems Provides accompanying computer code for related chapters
Decision Making Using Ai In Energy And Sustainability
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Author : Gülgün Kayakutlu
language : en
Publisher: Springer Nature
Release Date : 2023-10-16
Decision Making Using Ai In Energy And Sustainability written by Gülgün Kayakutlu and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-10-16 with Business & Economics categories.
Artificial intelligence (AI) has a huge impact on science and technology, including energy, where access to resources has been a source of geopolitical conflicts. AI can predict the demand and supply of renewable energy, optimize efficiency in energy systems, and improve the management of natural energy resources, among other things. This book explores the use of AI tools for improving the management of energy systems and providing sustainability with smart cities, smart facilities, smart buildings, smart transportation, and smart houses. Featuring research from International Federation for Information Processing's (IFIP) “AI in Energy and Sustainability” working group, this book provides new models and algorithms for AI applications in energy and sustainability fields. Any short-term, mid-term and long-term forecasting, optimization models, trend foresights and prescriptions based on scenarios are studied in the energy world and the smart systems for sustainability. The contents of this book are valuable for energy researchers, academics, scholars, practitioners and policy makers.
Mathematical Optimization For Efficient And Robust Energy Networks
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Author : Natalia Selini Hadjidimitriou
language : en
Publisher: Springer Nature
Release Date : 2021-03-19
Mathematical Optimization For Efficient And Robust Energy Networks written by Natalia Selini Hadjidimitriou and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-19 with Technology & Engineering categories.
This book presents a collection of energy production and distribution problems identified by the members of the COST Action TD1207 "Mathematical Optimization in the Decision Support Systems for Efficient and Robust Energy Networks". The aim of the COST Action was to coordinate the efforts of the experts in different fields, from academia and industry, in developing innovative tools for quantitative decision making, and apply them to the efficient and robust design and management of energy networks. The work covers three main goals:• to be a nimble while comprehensive resource of several real life business problems with a categorized set of pointers to many relevant prescriptive problems for energy systems;• to offer a balanced mix of scientific and industrial views;• to evolve over time in a flexible and dynamic way giving, from time to time, a more scientific or industrial - or even political in a broad sense - weighed perspective.It is addressed to researchers and professionals working in the field.
Integrating Renewables In Electricity Markets
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Author : Juan M. Morales
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-12-03
Integrating Renewables In Electricity Markets written by Juan M. Morales and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-03 with Business & Economics categories.
This addition to the ISOR series addresses the analytics of the operations of electric energy systems with increasing penetration of stochastic renewable production facilities, such as wind- and solar-based generation units. As stochastic renewable production units become ubiquitous throughout electric energy systems, an increasing level of flexible backup provided by non-stochastic units and other system agents is needed if supply security and quality are to be maintained. Within the context above, this book provides up-to-date analytical tools to address challenging operational problems such as: • The modeling and forecasting of stochastic renewable power production. • The characterization of the impact of renewable production on market outcomes. • The clearing of electricity markets with high penetration of stochastic renewable units. • The development of mechanisms to counteract the variability and unpredictability of stochastic renewable units so that supply security is not at risk. • The trading of the electric energy produced by stochastic renewable producers. • The association of a number of electricity production facilities, stochastic and others, to increase their competitive edge in the electricity market. • The development of procedures to enable demand response and to facilitate the integration of stochastic renewable units. This book is written in a modular and tutorial manner and includes many illustrative examples to facilitate its comprehension. It is intended for advanced undergraduate and graduate students in the fields of electric energy systems, applied mathematics and economics. Practitioners in the electric energy sector will benefit as well from the concepts and techniques explained in this book.