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2015 (2)

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Book
Electrical Energy Generation in Europe : The Current and Future Role of Conventional Energy Sources in the Regional Generation of Electricity
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ISBN: 9783319084015 3319084003 9783319084008 3319084011 Year: 2015 Publisher: Cham : Springer International Publishing : Imprint: Springer,

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Abstract

Maximizing reader insights into the current use of conventional energy sources (such as fossil fuels) in the generation of electricity in the European region, this book addresses several key issues including: potential ways European countries could expand their energy sector in the coming years; the impact on the climate, the level of energy reserves, different efficiency measures that could be adopted to reduce the consumption of fossil fuels in the generation of electricity, and current and future energy production and consumption trends, amongst other topics.   Covering both how the use of fossil fuels for the generation of electricity can be reduced, and how to increase the current level of participation of those energy sources with a minimum negative impact on the environment in the energy balance of the different European countries, this book describes the main economic aspects related to the use of conventional energy sources for electricity generation and provides information on possible regional energy integration mechanisms and their potential impact on the generation of electricity. ‘Electrical Energy Generation in Europe’ is designed as a useful tool for government officials, energy experts, and the private and public power industry, among others, during the preparation of future energy plans and in the identification of the possible role that the different types of conventional energy sources available in the region could play in the production of electricity during the coming decades. The book is also suitable for use as teaching material in pre-graduated and post-graduate studies on the use of different types of conventional energy sources for electricity production within different European countries.


Book
Modeling and Forecasting Electricity Demand : A Risk Management Perspective
Author:
ISBN: 9783658086695 3658086688 9783658086688 3658086696 Year: 2015 Publisher: Wiesbaden : Springer Fachmedien Wiesbaden : Imprint: Springer Spektrum,

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The master thesis of Kevin Berk develops a stochastic model for the electricity demand of small and medium-sized companies that is flexible enough so that it can be used for various business sectors. The model incorporates the grid load as an exogenous factor and seasonalities on a daily, weekly and yearly basis. It is demonstrated how the model can be used e.g. for estimating the risk of retail contracts. The uncertainty of electricity demand is an important risk factor for customers as well as for utilities and retailers. As a consequence, forecasting electricity load and its risk is now an integral component of the risk management for all market participants.  Contents Electricity Market Energy Economy in Enterprises Time Series Analysis A one Factor Model for medium-term Load Forecasting Retail Contract Evaluation and Pricing MATLAB Implementation  Target  Groups Researchers and students in energy economics or mathematics and statistics with a focus on applications in energy markets Professionals in electricity utilities, energy vendors, risk management  The Author Kevin Berk is a Ph.D. student at the Mathematics Department of the University Siegen, Germany. His major research focus is risk management and time series models with applications in energy markets.

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