Handbook of Risk Management in Energy Production and Trading

Business & Finance, Management & Leadership, Operations Research, Nonfiction, Science & Nature, Technology, Power Resources
Cover of the book Handbook of Risk Management in Energy Production and Trading by , Springer US
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781461490357
Publisher: Springer US Publication: November 27, 2013
Imprint: Springer Language: English
Author:
ISBN: 9781461490357
Publisher: Springer US
Publication: November 27, 2013
Imprint: Springer
Language: English

This book presents an overview of the risks involved in modern electricity production, delivery and trading, including technical risk in production, transportation and delivery, operational risk for the system operators, market risks for traders, and political and other long term risks in strategic management. Using decision making under uncertainty as a methodological background, the book is divided into four parts, with Part I focusing on energy markets, particularly electricity markets. Topics include a nontechnical overview of energy markets and their main properties, basic price models for energy commodity prices, and modeling approaches for electricity price processes.

Part II looks at optimal decisions in managing energy systems, including hydropower dispatch models, cutting plane algorithms and approximative dynamic programming; hydro-thermal production; renewable; stochastic investments and operational optimization models for natural gas transport; decision making in operating electricity networks; and investment in extending energy production systems.

Part III explores pricing, including electricity swing options and the pricing of derivatives with volume control. Part IV looks at long-term and political risks, including energy systems under aspects of climate change, and catastrophic operational risks, particularly risks from terrorist attacks.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book presents an overview of the risks involved in modern electricity production, delivery and trading, including technical risk in production, transportation and delivery, operational risk for the system operators, market risks for traders, and political and other long term risks in strategic management. Using decision making under uncertainty as a methodological background, the book is divided into four parts, with Part I focusing on energy markets, particularly electricity markets. Topics include a nontechnical overview of energy markets and their main properties, basic price models for energy commodity prices, and modeling approaches for electricity price processes.

Part II looks at optimal decisions in managing energy systems, including hydropower dispatch models, cutting plane algorithms and approximative dynamic programming; hydro-thermal production; renewable; stochastic investments and operational optimization models for natural gas transport; decision making in operating electricity networks; and investment in extending energy production systems.

Part III explores pricing, including electricity swing options and the pricing of derivatives with volume control. Part IV looks at long-term and political risks, including energy systems under aspects of climate change, and catastrophic operational risks, particularly risks from terrorist attacks.

More books from Springer US

Cover of the book In Situ Spectroscopy of Monomer and Polymer Synthesis by
Cover of the book Neurosurgical and Medical Management of Pain: Trigeminal Neuralgia, Chronic Pain, and Cancer Pain by
Cover of the book Computer Graphics by
Cover of the book Data Engineering by
Cover of the book Practical Handbook of Transportation Contracting and Rate Negotiations by
Cover of the book Premarital Prediction of Marital Quality or Breakup by
Cover of the book Atlas of Gallium-67 Scintigraphy by
Cover of the book Meaning and Ideology in Historical Archaeology by
Cover of the book Wilson’s Disease by
Cover of the book The Mobile Receptor Hypothesis by
Cover of the book Superior-Order Curvature-Correction Techniques for Voltage References by
Cover of the book Lymph Node Cytopathology by
Cover of the book The Durable Use of Consumer Products by
Cover of the book An Introduction to Protein Informatics by
Cover of the book Reducing the Risks for Substance Abuse by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy