[PDF] Risk Based Energy Management eBook

Author : Sayyad Nojavan
Publisher : Academic Press
Page : 294 pages
File Size : 10,99 MB
Release : 2019-07-20
Category : Technology & Engineering
ISBN : 0128174927

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Risk-Based Energy Management: DC, AC and Hybrid AC-DC Microgrids defines the problems and challenges of DC, AC and hybrid AC-DC microgrids and considers the right tactics and risk-based scheduling to tackle them. The book looks at the intermittent nature of renewable generation, demand and market price with the risk to DC, AC and hybrid AC-DC microgrids, which makes it relevant for anyone in renewable energy demand and supply. As utilization of distributed energy resources and the intermittent nature of renewable generations, demand and market price can put the operation of DC, AC and hybrid AC-DC microgrids at risk, this book presents a timely resource. Discusses both the challenges and solutions surrounding DC, AC and hybrid AC-DC microgrids Proposes robust scheduling of DC, AC and hybrid AC-DC microgrids under uncertain environments Includes modeling upstream grid prices, renewable resources and intermittent load in the decision-making process of DC, AC and hybrid AC-DC microgrids

Author : Alexander Eydeland
Publisher : John Wiley & Sons
Page : 506 pages
File Size : 50,4 MB
Release : 2003-02-03
Category : Business & Economics
ISBN : 0471455873

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Praise for Energy and Power Risk Management "Energy and Power Risk Management identifies and addresses the key issues in the development of the turbulent energy industry and the challenges it poses to market players. An insightful and far-reaching book written by two renowned professionals." -Helyette Geman, Professor of Finance University Paris Dauphine and ESSEC "The most up-to-date and comprehensive book on managing energy price risk in the natural gas and power markets. An absolute imperative for energy traders and energy risk management professionals." -Vincent Kaminski, Managing Director Citadel Investment Group LLC "Eydeland and Wolyniec's work does an excellent job of outlining the methods needed to measure and manage risk in the volatile energy market." -Gerald G. Fleming, Vice President, Head of East Power Trading, TXU Energy Trading "This book combines academic rigor with real-world practicality. It is a must-read for anyone in energy risk management or asset valuation." -Ron Erd, Senior Vice President American Electric Power

Author : CCPS (Center for Chemical Process Safety)
Publisher : John Wiley & Sons
Page : 759 pages
File Size : 30,55 MB
Release : 2011-11-30
Category : Technology & Engineering
ISBN : 111820963X

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Guidelines for Risk Based Process Safety provides guidelines for industries that manufacture, consume, or handle chemicals, by focusing on new ways to design, correct, or improve process safety management practices. This new framework for thinking about process safety builds upon the original process safety management ideas published in the early 1990s, integrates industry lessons learned over the intervening years, utilizes applicable "total quality" principles (i.e., plan, do, check, act), and organizes it in a way that will be useful to all organizations - even those with relatively lower hazard activities - throughout the life-cycle of a company.

Author : Tony Muschara
Publisher : Routledge
Page : 323 pages
File Size : 39,77 MB
Release : 2017-11-13
Category : Technology & Engineering
ISBN : 1351400169

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Society at large tends to misunderstand what safety is all about. It is not just the absence of harm. When nothing bad happens over a period of time, how do you know you are safe? In reality, safety is what you and your people do moment by moment, day by day to protect assets from harm and to control the hazards inherent in your operations. This is the purpose of risk-based thinking, the key element of the six building blocks of Human and Organizational Performance (H&OP). Generally, H&OP provides a risk-based approach to managing human performance in operations. But, specifically, risk-based thinking enables foresight and flexibility—even when surprised—to do what is necessary to protect assets from harm but also achieve mission success despite ongoing stresses or shocks to the operation. Although you cannot prepare for every adverse scenario, you can be ready for almost anything. When risk-based thinking is integrated into the DNA of an organization’s way of doing business, people will be ready for most unexpected situations. Eventually, safety becomes a core value, not a priority to be negotiated with others depending on circumstances. This book provides a coherent perspective on what executives and line managers within operational environments need to focus on to efficiently and effectively control, learn, and adapt.

Author : Rufran C. Frago
Publisher : Createspace Independent Publishing Platform
Page : 370 pages
File Size : 27,19 MB
Release : 2015-06-20
Category :
ISBN : 9781508758952

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Risk-based Management in the World of Threats and Opportunities provides new and additional knowledge to project management practitioners, risk management specialists, and for undergraduate students taking up courses in Risk Management. The purpose of life is managing risk. It is in front of all of us and in the very fabric of our daily life. Risk management is the only thing we do for a living. This is the reason why we go to work every day. If we still do not realize this intriguing conclusion then I guess, we are all familiar with risks like close friends but we still do not know them well enough. Grab a copy, read and I will show you how to better appreciate the word risk, threat, opportunity, and the concept of risk-based management in the simplest terms.The sectional contents offer practical and common sense approach surrounding risk-based thinking to managers, directors, aspiring industry professionals, and newcomers. The material is especially design to start with the foundational principles and gradually bringing the reader to deeper topics using simple terminologies in conversational style. Risk-based management is a serious approach and a philosophy that takes risk as major consideration while managing any endeavor throughout its life cycle. Risk-based management increases the probability of success in achieving organizational and individual objectives. It simply means that risk should be the main contemplation by anyone while keeping an eye to achieving objectives. Risk is a primary concern in pursuit of a goal. Risk is not only a factor or featured element of management. It is the main character at play. Risk-based management gives importance to objectives. Failing to mitigate the risk means failure to meet the objective/s. Each chapter is an open-minded appraisal of risk, its concept, its approaches, its visual, basis, assumptions, methodologies, tools, and applications. Risk attributes were revisited and explained in a more vivid, flexible and friendly manner. I want to talk about risk and risk-based management with someone fresh from high school and one deep in the fields, yet coming to the same understanding because this book has bridged understanding. One must remember the idea of risk like a picture. If the book manages to accomplish that, then I consider the book a success.

Author : Wenyuan Li
Publisher : John Wiley & Sons
Page : 345 pages
File Size : 15,97 MB
Release : 2005
Category : Technology & Engineering
ISBN : 047163168X

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"Risk Assessment of Power Systems closes the gap between risk theory and real-world application. As a leading authority in power system risk evaluation for more than fifteen years and the author of a considerable number of papers and more than fifty technical reports on power system risk and reliability evaluation, Wenyuan Li is uniquely qualified to present this material. Following the models and methods developed from the author's hands-on experience, readers learn how to evaluate power system risk in planning, design, operations, and maintenance activities to keep risk at targeted levels."--BOOK JACKET.

Author : Markus Burger
Publisher : John Wiley & Sons
Page : 316 pages
File Size : 28,77 MB
Release : 2008-04-30
Category : Business & Economics
ISBN : 9780470725467

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Mathematical techniques for trading and risk management. Managing Energy Risk closes the gap between modern techniques from financial mathematics and the practical implementation for trading and risk management. It takes a multi-commodity approach that covers the mutual influences of the markets for fuels, emission certificates, and power. It includes many practical examples and covers methods from financial mathematics as well as economics and energy-related models.

Author : Mirjana Radovanovic
Publisher : Academic Press
Page : 320 pages
File Size : 11,38 MB
Release : 2022-08-10
Category : Technology & Engineering
ISBN : 0128220651

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Sustainable Energy Management: Planning, Implementation, Control and Strategy, Second Edition provides the key concepts and practical knowledge needed to successfully plan, implement and control sustainable energy technologies. The book provides new paradigms for measuring energy sustainability, pragmatic methods for applying renewable resources, efficiency improvements, and unique insights on managing risk. It highlights the possible financial and practical impacts of these activities, as well as the methods for their calculation. This new edition provides updated guidelines for planning, analyzing, developing and optimizing sustainable energy production projects in the real world, also presenting real-life examples of the topics covered in each chapter.With its focus on real-life issues and discussions of practical challenges, this book is an ideal resource for engineers, researchers and energy managers developing and rolling out sustainable energy practices. Included case studies will help benchmark decisions, especially in the book's new chapter on energy security. Presents completely updated content, including new data, tables and figures Contains new, global case studies in every chapter Provides new content on energy security, advanced methodologies for energy saving and energy efficiency, integration of renewables, GHG emissions, and future challenges Explores real-life pathways for transitioning to sustainable energy practices Features case studies from around the world, explaining the whys and hows of successes and failures Covers a broad spectrum of energy development issues, from planning through realization, emphasizing efficiency, scale-up of renewables, risk mitigation and energy security

Author : Martin Pehnt
Publisher : Springer
Page : 0 pages
File Size : 40,33 MB
Release : 2010-02-12
Category : Technology & Engineering
ISBN : 9783642064982

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The introduction of micro CHP – the simultaneous production of heat and power in a single building based on small energy conversion units such as Stirling and reciprocating engines or fuel cells – is of increasing political and public interest. This book introduces into micro CHP systems and technologies, and presents the results of the first such investigation carried out by four German research bodies.