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This forward-thinking Companion provides a cutting-edge analysis into the design and implementation of the electricity market in Europe. It assesses the alternative arrangements that are being developed to achieve decarbonisation as well as the economic rationale behind those designs.
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Electric power production. --- Electric power distribution. --- Electric utilities.
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This book offers a comprehensive exploration of Building Energy Management Systems (BEMS) and techniques, focusing on principles, methods, and modeling. It delves into the integration of BEMS in smart grids, discussing energy sources such as wind and solar power, and the role of energy storage systems. The text addresses power demand response, demand side management, and the use of advanced algorithms for energy optimization. It also examines the management of HVAC systems, battery storage, and flexible electric appliances, emphasizing renewable energy integration and peer-to-peer energy trading. Designed for practitioners and researchers, the book combines theoretical concepts with practical application examples, aiming to enhance energy efficiency and occupant comfort in modern buildings.
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Optimal Operation of Active Distribution Networks: Congestion Management, Voltage Control and Service Restoration provides researchers and practitioners with a clear and modern understanding of how to optimize the economic, secure and resilient operation of active distribution networks. The book provides case studies, modern implementations and supporting flowcharts and code, along with current research in congestion management, service restoration and voltage control of active distribution networks. Chapter provide an overview of the active distribution network concept, present key approaches for the congestion management of active distribution networks, and cover approaches in uncertainty, coordination of DLMP, scheduled re-profiling, and more.
Electric power distribution. --- Electric utilities --- Electricity --- Power distribution, Electric --- Electric power systems --- Power transmission --- Electric power transmission --- Electrification --- Management. --- Distribution
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This book critically analyses renewable energy sources of electrical power/energy utilised to save money on the amount of electrical energy imported from the national electricity grid and help nations meet binding environmental goals. The main renewable energy sources analysed are wind turbine generators, hydroelectric plant, and solar PV systems. The book presents a robust evaluation framework that can be used in the renewable energy analysis process. One of the main findings is the identification of short-term variations associated mainly with wind turbine electrical generator power output signals. These short-term variations are negating the potential advantages of installing wind turbine electrical generators. One of the suggested methods to counteract the short-term variations is the use of energy storage. Without utility-sized energy storage, binding energy targets will be very difficult to achieve. The three main realms of sustainable development, namely environmental, economic, and human realms, are discussed throughout the book. The three realms are closely interlinked so a weakness identified in any one realm affects the overall sustainability of the (business, country, any organisation) development process. .
Renewable energy sources. --- Sustainability. --- Electric power distribution. --- Electric power-plants. --- Renewable Energy. --- Energy Grids and Networks. --- Power Stations. --- Electric power. --- Electric utilities --- Energy storage. --- Costs.
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A new framework for studying markets as the product of organizational planning and understanding the practical limits of market design. The Western energy crisis was one of the great financial disasters of the past century. The crisis began in April 2000, when price spikes started to rattle California’s electricity markets. Decades later, some blame economic fundamentals and ignorant politicians, while others accuse the energy sellers who raided the markets. In Failure by Design, sociologist Georg Rilinger offers a different explanation, one that focuses on the practical challenges of market design. The unique physical attributes of electricity made it exceedingly difficult to introduce markets into the coordination of the electricity system, so market designers were brought in to construct the infrastructures that coordinate how market participants interact. An exercise in social engineering, these infrastructures were intended to guide market actors toward behavior that would produce optimal market results and facilitate grid management. Yet, though these experts spent their days worrying about incentive misalignment and market manipulation, they unintentionally created a system riddled with opportunities for destructive behavior. Rilinger’s analysis not only illuminates the California energy crisis but also develops a broader theoretical framework for thinking about markets as the products of organizational planning and the limits of social engineering, contributing broadly to sociological and economic thinking about the nature of markets.
Electric power distribution --- Electric utilities --- Finance --- SOCIAL SCIENCE / General. --- Planning --- Planning. --- Social aspects --- Finance. --- California energy crisis, economic sociology, social engineering, algorithmic management, economics, work and technology, market failure, social planning, market design, platform economy, electricity markets. --- E-books
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Decisive implementation of the stabilization plan—centered on a strong fiscal anchor with no new monetary financing, and relative price corrections—has led to twin fiscal and external surpluses, a marked turnaround in reserves, faster-than-expected disinflation, a bolstering of the BCRA’s balance sheet and a reduction in sovereign spreads to multi-year lows. Selected easing of FX restrictions and deregulatory efforts are improving resource allocation. Nevertheless, macroeconomic imbalances and growth bottlenecks remain sizable and a long and difficult adjustment process still lies ahead, where policies need to evolve to build on earlier gains and support a turnaround in activity. Efforts are also underway to build political and societal support for reforms, as well as to scale up social assistance to protect the most vulnerable and ensure the burden of the adjustment does not fall disproportionally on working families. That said, delays in securing key legislation in Congress have led to some market volatility.
Civil service & public sector --- Currency --- Debt Management --- Debt --- Debts, Public --- Development Planning and Policy: Trade Policy --- Economic sectors --- Electric Utilities --- Electric utilities --- Exchange restrictions --- Factor Movement --- Finance, Public --- Foreign Exchange Policy --- Foreign Exchange --- Foreign exchange --- Inflation --- International agencies --- International Agreements and Observance --- International Economics --- International institutions --- International organization --- International Organizations --- Investment & securities --- Investments: Energy --- Macroeconomics --- Monetary economics --- Monetary Policy --- Monetary policy --- Money and Monetary Policy --- Prices --- Public debt --- Public Enterprises --- Public finance & taxation --- Public Finance --- Public sector --- Public-Private Enterprises --- Sovereign Debt --- Argentina
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Cabo Verde faces development challenges from multiple structural factors, including insularity, territorial discontinuity, fragility of ecosystems, and scarcity of natural resources, namely water and arable land. Climate change implications are amplifying these challenges. As an island extension of the arid Sahel zone, Cabo Verde faces severe water shortage, which the country addresses more and more through energy intensive desalination, using electricity produced largely by thermal power plants, which depend entirely on imported fossil fuels. The resulting high energy prices directly impact the cost of water production. In conjunction with climate change induced aridity, the energy-water-climate nexus presents the core development challenge for the country.
Alternative Energy Sources --- Climate change --- Climate --- Climatic changes --- Commodities --- Electric Utilities --- Electric utilities --- Electricity --- Energy --- Environment --- Environmental Conservation and Protection --- Environmental Economics --- Environmental Economics: Government Policy --- Environmental management --- Environmental policy & protocols --- Environmental Policy --- Environmental policy --- Global Warming --- Greenhouse gas emissions --- Greenhouse gases --- International agencies --- International Agreements and Observance --- International Economics --- International institutions --- International organization --- International Organizations --- Investment & securities --- Investments: Energy --- Monetary economics --- Monetary Policy --- Monetary policy --- Money and Monetary Policy --- Natural Disasters and Their Management --- Renewable energy sources --- Renewable energy --- Cabo Verde
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This Selected Issues paper on St. Kitts and Nevis studies economic benefits from energy transition. Cheaper and more stable energy prices can support macroeconomic stability. In addition to the aforementioned effects, low and stable energy prices can mitigate the adverse impact from terms-of-trade shocks and reduce inflation volatility, thus contributing to smoothing out economic cycles. The energy landscape of St. Kitts and Nevis calls for energy reform. The two islands of St. Kitts and Nevis rely heavily on fossil fuels, primarily diesel, to power their grids without Interconnection. The analysis uses cross-country examples to examine the channels through which the adoption of renewable energy on a large scale can yield numerous long-term economic benefits. Transitioning to domestic renewable energy sources could stabilize domestic energy prices and reduce the volatility of inflation. A sharp reduction in energy costs in St. Kitts and Nevis could promote sectoral diversification. High-energy costs can prohibit economic diversification, particularly into energy intensive industries.
Alternative Energy Sources --- Climate change --- Climatic changes --- Commodities --- Electric Utilities --- Electric utilities --- Electricity --- Energy prices --- Energy --- Energy: Demand and Supply --- Energy: Government Policy --- Environment --- Environmental Conservation and Protection --- Environmental management --- International agencies --- International Agreements and Observance --- International Economics --- International institutions --- International organization --- International Organizations --- Investment & securities --- Investments: Energy --- Macroeconomics --- Monetary economics --- Monetary Policy --- Monetary policy --- Money and Monetary Policy --- Natural Resources --- Natural resources --- Non-renewable resources --- Nonrenewable Resources and Conservation: General --- Prices --- Renewable energy sources --- Renewable energy --- St. Kitts and Nevis
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