Nowadays, we observe growing importance of interrelationship between economic activity and the environment. The exploitation of energetic resources during various kinds of production processes cannot occur without considering the main principles of energetic resources rationalization and saving....

A methodology to incorporate long-term goals within the short-term reservoir operation optimization model is proposed. Two conflicting objectives for the management of hydropower generation in two different power plants are incorporated. A chance-constrained optimization model is used to derive...

This report aims to demonstrate how a rapid climate change impact assessment can be used to identify the possible impacts of climate change on a thermal power investment project. For this demonstration, the O MON IV Combined Cycle Power Station Project in Southern Viet Nam is used for...

Thermal efficiency of Combined Cycle Power Plants (CCPPs) depends strongly on the Heat Recovery Steam Generation (HRSG) design which links the gas cycle with the steam cycle. Therefore, the HRSG must be carefully designed in order to maximize the heat exchanged and to improve the overall...

Now a day's refrigerators are very essential parts of human life and cannot sustain our life without these. But these became more commercial so that simple solar power refrigerators working on evaporative cooling principle are essential. These Solar-powered refrigerators are able to keep...

A cyber physical system approach for a utility-scale photovoltaic (PV) array monitoring and control is presented in this article. This system consists of sensors that capture voltage, current, temperature, and irradiance parameters for each solar panel which are then used to detect, predict and...

In this paper, we explore the economic impact of promotion and realization of an electric vehicle society (EVS) in Toyohashi City in Japan. More concretely, this paper emphasizes a computable general equilibrium (CGE) modeling approach to evaluate the following issues: economic impacts of...

Minimum prices above the market level can lead to ineffcient production and oversupply. We investigate whether this effect is even more pronounced when decision makers are influenced by their social environment. Using data of minimum prices for renewable energy production in Germany, we analyze...

Prime Minister Narendra Modi has set an ambitious target of 100,000 MW of solar power capacity to be achieved by 2022, when India celebrates 75 years of her independence. This is a grand vision for ushering in a sort of revolution in clean energy in India in the next six years. In a country that...

Renewable energy such as wind or solar power currently contributes a large share to the total German electricity supply as a result of the German energy transition. This paper presents an empirical analysis of how power shocks resulting from intermittent renewable supply affect forward premiums...