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Hydropower Economics provides qualitative economic analyses of how to utilize stored water in a hydropower system with fixed generating capacities. The problem is dynamic because water used today to generate electric power may alternatively be used tomorrow. The distinctive feature of the book is to provide a social planning perspective on optimal use of water. This is a prerequisite for understanding and evaluating newly established electricity markets. The dynamic nature of hydropower production, the high number of units involved, and the inherent stochastic nature of inflow of water make optimization problems quite difficult technically to solve. In the engineering literature complex stochastic dynamic programming models are used and solution algorithms developed for real-life data, and numerical solutions provided. In this book a much more simplified mathematical approach suited to obtain qualitative conclusions is followed. Standard nonlinear programming models for discrete time are used and the Kuhn–Tucker conditions employed extensively for qualitative interpretations. A special graphical presentation, termed a bathtub diagram, is developed for two-period illustration. The enlarged edition covers phasing-in of intermittent energy (run-of-the-river, wind and solar) and the economics of pumped-storage electricity.

Economics/Management Science. --- Operation Research/Decision Theory. --- Environmental Economics. --- Power Electronics, Electrical Machines and Networks. --- Economics. --- Production of electric energy or power. --- Environmental economics. --- Operations research. --- Economie politique --- Economie de l'environnement --- Recherche opérationnelle --- Production of electric energy or. --- Management --- Business & Economics --- Management Theory --- Water-power --- Economic aspects. --- Hydraulic power plants --- Hydroelectric power --- Hydroelectricity --- Hydropower --- Waterpower --- Business. --- Decision making. --- Power electronics. --- Business and Management. --- Natural resources --- Power resources --- Renewable energy sources --- Water resources development --- Stream measurements --- Operations Research/Decision Theory. --- Economics --- Environmental quality --- Operational analysis --- Operational research --- Industrial engineering --- Management science --- Research --- System theory --- Environmental aspects --- Economic aspects --- Electronics, Power --- Electric power --- Electronics --- Deciding --- Decision (Psychology) --- Decision analysis --- Decision processes --- Making decisions --- Management decisions --- Choice (Psychology) --- Problem solving --- Decision making

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Hydropower Economics provides qualitative economic analyses of how to utilize stored water in a hydropower system with fixed generating capacities. The problem is dynamic because water used today to generate electric power may alternatively be used tomorrow. The distinctive feature of the book is to provide a social planning perspective on optimal use of water. This is a prerequisite for understanding and evaluating newly established electricity markets. The dynamic nature of hydropower production, the high number of units involved, and the inherent stochastic nature of inflow of water make optimization problems quite difficult technically to solve. In the engineering literature complex stochastic dynamic programming models are used and solution algorithms developed for real-life data, and numerical solutions provided. In this book a much more simplified mathematical approach suited to obtain qualitative conclusions is followed. Standard nonlinear programming models for discrete time are used and the Kuhn–Tucker conditions employed extensively for qualitative interpretations. A special graphical presentation, termed a bathtub diagram, is developed for two-period illustration. The enlarged edition covers phasing-in of intermittent energy (run-of-the-river, wind and solar) and the economics of pumped-storage electricity.

Economics --- Operational research. Game theory --- Mathematical statistics --- Electricity --- Electronics --- Applied physical engineering --- Environmental protection. Environmental technology --- Planning (firm) --- Equipment, services, installations in buildings --- elektrische netwerken --- besluitvorming --- economie --- mathematische modellen --- milieuzorg --- speltheorie --- econometrie --- operationeel onderzoek --- vermogenselektronica --- elektrische machines --- elektriciteitsdistributie

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Economic growth --- Economic policy and planning (general) --- Economic production --- Economic development --- Production functions (Economic theory) --- Développement économique --- Fonctions de production (Théorie économique) --- Mathematical models --- Modèles mathématiques --- Johansen, Leif --- Norway --- Norvège --- Economic policy --- Politique économique --- -Production functions (Economic theory) --- Functions, Production (Economic theory) --- Production (Economic theory) --- Economics --- Development, Economic --- Growth, Economic --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- -Mathematical models. --- Mathematical models. --- Production functions (Economic theory). --- Développement économique --- Fonctions de production (Théorie économique) --- Modèles mathématiques --- Norvège --- Politique économique --- Norveška --- Norwegia --- Norge --- Norwegen --- Kongeriket Norge --- Kingdom of Norway --- Noreg --- Norvegia --- Norga --- Kongeriket Noreg --- Norgga gonagasriika --- Norja --- ノルウェー --- Noruwē --- Growth models (Economics) --- Johansen, Leif.

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HYDROPOWER ECONOMICS examines sustainable alternate energy sources beginning with modeling hydropower and extending the model to include thermal power and wind power. The book will use various econometric measures, equilibrium metrics, OR methods, and DEA/productivity analyses to analyze and model the optimal use of these alternate energy sources. Because these problems are dynamic in nature, dynamic methods are used to model the problems. The book derives results on the allocation of the amounts of alternate sources of energy (water, thermal, and wind) required to produce electricity at acceptable levels over time. Graphic illustrations of the analytical and mathematical modeling used to reach research conclusions are used throughout the book. In addition to the analyses, various market scenarios are discussed and how effective market systems may be in delivering electric power at acceptable and sustainable levels of supply, cost, and price. Productivity frontiers (benchmarks) are outlined in the book. These productivity frontiers or benchmarks are established from data derived from the Scandinavian experience. Optimal solutions for sustainable alternate energy systems at acceptable costs are outlined in the monograph.

Quantitative methods (economics) --- Economics --- Operational research. Game theory --- Relation between energy and economics --- Environmental protection. Environmental technology --- energie-economie --- hernieuwbare energie --- economie --- milieubeleid --- milieuzorg --- speltheorie --- econometrie --- operationeel onderzoek

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Zonder onderwerpscode: economie