Uncertainties in energy markets and their consideration in energy storage evaluation

This book successfully illustrates the modeling of electricity prices with the help of stochastic processes. The relatively new phenomenon of negative prices is also integrated into the models. The integration of feed-in from wind power plants in energy models is also very innovative. This approach...

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Bibliographic Details
Main Author: Keles, Dogan (auth)
Format: Book Chapter
Published: KIT Scientific Publishing 2013
Subjects:
Online Access:Get Fullteks
DOAB: description of the publication
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005 20210212
020 |a KSP/1000035365 
020 |a 9783731500469 
024 7 |a 10.5445/KSP/1000035365  |c doi 
041 0 |a English 
042 |a dc 
100 1 |a Keles, Dogan  |4 auth 
245 1 0 |a Uncertainties in energy markets and their consideration in energy storage evaluation 
260 |b KIT Scientific Publishing  |c 2013 
300 |a 1 electronic resource (XII, 236 p. p.) 
506 0 |a Open Access  |2 star  |f Unrestricted online access 
520 |a This book successfully illustrates the modeling of electricity prices with the help of stochastic processes. The relatively new phenomenon of negative prices is also integrated into the models. The integration of feed-in from wind power plants in energy models is also very innovative. This approach helps to simulate electricity prices in order to take into account the ""merit-order effect of renewable energy"". Finally, the models are used for the techno-economic evaluation of energy storages. 
540 |a Creative Commons  |f https://creativecommons.org/licenses/by-nc-nd/4.0/  |2 cc  |4 https://creativecommons.org/licenses/by-nc-nd/4.0/ 
546 |a English 
653 |a wind power 
653 |a energy storage 
653 |a economic modeling 
653 |a electricity prices 
653 |a Uncertainties in energy economics 
856 4 0 |a www.oapen.org  |u https://www.ksp.kit.edu/9783731500469  |7 0  |z Get Fullteks 
856 4 0 |a www.oapen.org  |u https://directory.doabooks.org/handle/20.500.12854/61514  |7 0  |z DOAB: description of the publication