Download or read book Optimization and Decision Making in the Renewable Energy Industry written by Balo, Figen and published by IGI Global. This book was released on 2022-03-11 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Virtual Power Plants and Electricity Markets written by Luis Baringo and published by Springer Nature. This book was released on 2020-09-03 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Optimization in Renewable Energy Systems written by Ozan Erdinc and published by Butterworth-Heinemann. This book was released on 2017-02-25 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book Multi Criteria Decision Making for Renewable Energy written by Mohamed Abdel-Basset and published by Elsevier. This book was released on 2023-10-31 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book Decision Making Using AI in Energy and Sustainability written by Gülgün Kayakutlu and published by Springer Nature. This book was released on 2023-10-16 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Integration of Clean and Sustainable Energy Resources and Storage in Multi Generation Systems written by Farkhondeh Jabari and published by Springer Nature. This book was released on 2020-07-09 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents design principles, performance assessment and robust optimization of different poly-generation systems using renewable energy sources and storage technologies. Uncertainties associated with demands or the intermittent nature of renewables are considered in decision making processes. Economic and environmental benefits of these systems in comparison with traditional fossil fuels based ones are also provided. Case studies, numerical results, discussions, and concluding remarks have been presented for each proposed system/strategy. This book is a useful tool for students, researchers, and engineers trying to design and evaluate different zero-energy and zero-emission stand-alone grids.

Download or read book Multi Criteria Analysis in the Renewable Energy Industry written by José Ramón San Cristóbal Mateo and published by Springer Science & Business Media. This book was released on 2012-01-03 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision makers in the Renewable Energy sector face an increasingly complex social, economic, technological, and environmental scenario in their decision process. Different groups of decision-makers become involved in the process, each group bringing along different criteria therefore, policy formulation for fossil fuel substitution by Renewable Energies must be addressed in a multi-criteria context. Multi Criteria Analysis in the Renewable Energy Industry is a direct response to the increasing interest in the Renewable Energy industry which can be seen as an important remedy to many environmental problems that the world faces today. The multiplicity of criteria and the increasingly complex social, economic, technological, and environmental scenario makes multi-criteria analysis a valuable tool in the decision-making process for fossil fuel substitution. The detailed chapters explore the use of the Multi-criteria decision-making methods and how they provide valuable assistance in reaching equitable and acceptable solutions in the selection of renewable energy projects. Common multi-criteria decision-making methods including Analytical Hierarchy Process, PROMETHEE, ELECTRE, TOPSIS and VIKOR are explored in detail with an application case of each method included at the end of each chapter. As such, Multi Criteria Analysis in the Renewable Energy Industry is an ideal resource for those groups of individuals, institutions and administration such as local authorities, academic institutions, environmental groups, and governments that, through their priorities and evaluation systems, have interests at stake and directly or indirectly influence the decision-making process.

Download or read book Analytics and Optimization for Renewable Energy Integration written by Ning Zhang and published by CRC Press. This book was released on 2019-02-21 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: The scope of this book covers the modeling and forecast of renewable energy and operation and planning of power system with renewable energy integration.The first part presents mathematical theories of stochastic mathematics; the second presents modeling and analytic techniques for renewable energy generation; the third provides solutions on how to handle the uncertainty of renewable energy in power system operation. It includes advanced stochastic unit commitment models to acquire the optimal generation schedule under uncertainty, efficient algorithms to calculate the probabilistic power, and an efficient operation strategy for renewable power plants participating in electricity markets.

Download or read book Mathematical Optimization for Efficient and Robust Energy Networks written by Natalia Selini Hadjidimitriou and published by Springer Nature. This book was released on 2021-03-19 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Decision Making in Interdisciplinary Renewable Energy Projects written by Hasan Dinçer and published by Springer Nature. This book was released on with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Optimization in the Energy Industry written by Josef Kallrath and published by Springer Science & Business Media. This book was released on 2008-12-25 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a broad, in-depth overview that reflects the requirements, possibilities and limits of mathematical optimization and, especially, stochastic optimization in the energy industry.

Download or read book Design Optimization of Renewable Energy Systems Using Advanced Optimization Algorithms written by Venkata Rao Ravipudi and published by Springer Nature. This book was released on 2022-03-01 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes applications of Jaya and Rao algorithms on real case studies concerning different renewable energy sources. In the last few decades, researchers have focused on renewable energy resources like solar energy, bio-energy, wave energy, ocean thermal energy, tidal energy, geothermal energy, and wind energy. This has resulted in the development of new techniques and tools that could harvest energy from renewable energy sources. Many researchers and scientists have focused on developing and optimizing the energy systems to extract and utilize renewable energy more efficiently. In this book, recently developed Jaya and Rao (Rao-1, Rao-2, and Rao-3) algorithms are introduced for single- and multi-objective optimization of selected renewable energy systems. The results of applications of the different versions of Jaya and Rao algorithms are compared with the other optimization techniques like GA, NSGA-II, PSO, MOPSO, ABC, etc., and the performance of the Jaya and Rao algorithms is highlighted compared to other optimization algorithms in the case of renewable energy systems. The book also includes the validation of different versions of the Jaya and Rao algorithms through the application to complex single- and multi-objective unconstrained benchmark functions. The algorithms and computer codes of different version of Jaya and Rao algorithms are included in the book that will be very much useful to readers in industry and academic research.

Download or read book Decision Making in Energy Systems written by Vivek D. Bhise and published by CRC Press. This book was released on 2022-01-10 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a comprehensive book on how to make complex decisions on energy systems problems involving different technologies, environmental effects, costs, benefits, risks, and safety issues. Using Industrial and Systems Engineering techniques for decision-making in Energy Systems, the book provides the background knowledge and methods to incorporate multiple criteria involved in solving energy system problems. It offers methods, examples, and case studies illustrating applications. Decision-Making in Energy Systems discusses subjective as well as objective methods, approaches, and techniques taken from the systems and industrial engineering domain and puts them to use in solving energy systems problems. It uses an integrated approach by including effects of all technical, economic, environmental, and safety considerations as well as costs and risks. The book is specially designed for practicing engineers from industrial/systems engineering who work in energy systems engineering industries. Aimed at graduate students, researchers, and managers involved in various energy generating, distributing, and consuming companies, the book helps the reader to understand, evaluate, and decide on solutions to their energy-related problems.

Download or read book Decision Making in Design Maintenance Planning and Investment of Wind Energy written by Daniela Borissova and published by Springer Nature. This book was released on with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Decision Making Under Uncertainty in Electricity Markets written by Antonio J. Conejo and published by Springer Science & Business Media. This book was released on 2010-09-08 with total page 549 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision Making Under Uncertainty in Electricity Markets provides models and procedures to be used by electricity market agents to make informed decisions under uncertainty. These procedures rely on well established stochastic programming models, which make them efficient and robust. Particularly, these techniques allow electricity producers to derive offering strategies for the pool and contracting decisions in the futures market. Retailers use these techniques to derive selling prices to clients and energy procurement strategies through the pool, the futures market and bilateral contracting. Using the proposed models, consumers can derive the best energy procurement strategies using the available trading floors. The market operator can use the techniques proposed in this book to clear simultaneously energy and reserve markets promoting efficiency and equity. The techniques described in this book are of interest for professionals working on energy markets, and for graduate students in power engineering, applied mathematics, applied economics, and operations research.

Download or read book Renewable Energy Policy and Politics written by Karl Mallon and published by Routledge. This book was released on 2012-06-25 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding why renewable energy policies succeed and fail is essential for a range of stakeholders in the energy and environmental sectors. Clear information on why and how to secure successful renewable energy markets is much needed. Renewable Energy Policy and Politics meets that need, bringing together the experience of world leaders in this field. The book addresses the politics of renewable energy, the key players required to drive energy reform and those likely to resist change. The interplay between government, industry and society is discussed and explained with a balanced hand, offering a rare insight into political campaigning on energy. International case studies are included, complemented by a step-by-step breakdown of the elements required to achieve legislation. This book sets out the rules of the game, the stakes and the strategies for success. It will be an invaluable tool for policy makers, energy consultants, non-governmental organizations and other professionals working in the fields of energy policy, climate change and environmental policy. Students and researchers keen to enhance their knowledge of renewable energy markets and policy development will also find this essential reading.

Download or read book Sustainable Local Energy Planning and Decision Making Emerging Research and Opportunities written by Marinakis, Vangelis and published by IGI Global. This book was released on 2017-03-31 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is imperative to promote and maintain sustainability in all areas of the world. By developing effective energy usage frameworks, regional communities can better achieve this goal. Sustainable Local Energy Planning and Decision Making: Emerging Research and Opportunities is an authoritative reference source featuring the latest scholarly research on an operational framework for decision support for local and regional authorities to aid in sustainable energy planning. Including extensive coverage on a broad range of topics and perspectives such as emission trends, energy balance, and climate change, this book is ideally designed for academicians, researchers, and students seeking current research on the development of regional sustainable energy plans.