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A key hurdle for implementing real-time pricing of electricity is a lack of con-sumers’ responses. Solutions to overcome the hurdle include the energy management system that automatically optimizes household appliance usage such as plug-in hybrid electric vehicle charging (and discharging with...
Persistent link: https://www.econbiz.de/10011112909
Renewable energy consumption has been identified as a potential solution to the intermittent power supply in Ghana. Recently, a Renewable Energy Act has been passed which has a target of 10% of renewable energy component in Ghana’s energy mix by 2020. Whilst effort is been made to enhance...
Persistent link: https://www.econbiz.de/10011266245
Andhra Pradesh has been experiencing increasing energy deficits since 2004-05. Energy deficit has increased from a negligible 0.7% in 2004-05 to 6.6% in 2009-10 and to a whopping 22.8% in 2012-13 (as per load generation balance report 2012-13, Central Electricity Authority, 2013). On the whole,...
Persistent link: https://www.econbiz.de/10011260301
of Turkey is approximately 17 Mtoe. This article not only presents a review of the potential and utilization of the …
Persistent link: https://www.econbiz.de/10008557075
objective of the study is to compare recycling of a CO2 tax revenue as a subsidy to biomass use as opposed to traditional … effect of a CO2 tax in combination with using the tax revenue for subsidies to biomass. The energy supply model is linked to … expansion technologies have been regulated. It is shown how a relatively small CO2 tax of 15 USD/tCO2 and subsidies to biomass …
Persistent link: https://www.econbiz.de/10011113834
Energy from fossil fuels have become dominant in the industrialised and industrialising economies of the world. However, fossil fuels are also recognised as heavily polluting and responsible for a range of modern environmental and health problems. Nuclear power is a similar conventional energy...
Persistent link: https://www.econbiz.de/10011113320
The expansion of wind-generation in the United States poses significant challenges to policy-makers, particularly because wind’s intermittency and unpredictability can exacerbate problems of congestion on a transmission constrained grid. Understanding these issues is necessary if optimal...
Persistent link: https://www.econbiz.de/10011258077
The stochastic nature of wind alters the unit commitment and dispatch problem. By accounting for this uncertainty when scheduling the system, more robust schedules are produced, which should, on average, reduce expected costs. In this paper, the effects of stochastic wind and load on the unit...
Persistent link: https://www.econbiz.de/10009372534
Certain developments in the electricity sector may result in suboptimal operation of base-load generating units in countries worldwide. Despite the fact they were not designed to operate in a flexible manner, increasing penetration of variable power sources coupled with the deregulation of the...
Persistent link: https://www.econbiz.de/10009372612
In this paper, we analyze the relationships among oil prices, clean energy stock prices, and technology stock prices, endogenously controlling for structural changes in the market. To this end, we apply Markov-switching vector autoregressive models to the economic system consisting of oil...
Persistent link: https://www.econbiz.de/10011107845