In this paper we apply fuzzy set theory to the portfolio optimization of power generation assets, using a semi-mean absolute deviation (SMAD) model as a benchmark and a fuzzy semi-mean absolute deviation (FSMAD) model for comparison. The two models are applied to five onshore wind power plants...

Biomass cofiring in coal power plants (with shares of typically 5-20%th) is an interesting option to mitigate CO2 emissions, since the additional costs are relatively minor and a secondary benefit is provided by the increased fuel flexibility. Worldwide, about 150 cofiring plants are in...

The rise in the usage of sustainable energy conversion technologies has been remarkable. However, the growth of these technologies poses several problems, mainly concerning the net integration of intermittent energy sources, like wind and solar power, by means of advanced storage systems and the...