Online Public Access Catalogue (OPAC)
Library,Documentation and Information Science Division

“A research journal serves that narrow

borderland which separates the known from the unknown”

-P.C.Mahalanobis


Image from Google Jackets

Handbook of risk management in energy production and trading/ Raimund M. Kovacevis, Georg Ch. Pflung and Maria Teresa Vespucchi eds.

Contributor(s): Material type: TextTextSeries: International series in operations research & management science ; Vol. 199Publication details: New York: Springer, 2013Description: xv, 501 pages; dig.; 24 cmISBN:
  • 9781461490340
Subject(s): DDC classification:
  • 23rd. 658.4033 K88
Contents:
Energy Markets -- Introduction to Price Models for Energy -- Price Dynamics in electricity Markets -- Price Driven Hydropower dispatch Under Uncertainty -- On Cutting Plane Algorithms and dynamic Programming for Hydroelectricity Generation -- Medium- Term Operational Planning for Hydrothermal Systems -- Stochastic Optimization of power Generation and Storage Management in a Market Environment -- Risk Measures in Multi- Horizon Scenario Trees -- Controlled Islanding as Roburst Operator Response Under Uncertainty -- Complementarity and Game-Theoretical Models for Equilibria in Energy Markets: Deterministic and Risk-Averse Formulations -- Optimal Planning and Economic Evaluation of Trigeneration Districts -- Renewable Energy and Its Impact on Power Markets -- Copula-Based Hedge Ratios for Renewable Power Generation -- Investment in Stochastic Electricity-Production Facilities -- Pricing of Energy Contracts: From Replication Pricing to Swing Options -- Energy Derivatives with Volume Controls -- Risk Hedging Strategies Under Energy System and Climate Policy Uncertainties -- Comparative Assessment of Accident Risks in the Energy Sector
Summary: 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. Similar content being viewed by others
Tags from this library: No tags from this library for this title. Log in to add tags.

Includes index

Energy Markets -- Introduction to Price Models for Energy -- Price Dynamics in electricity Markets -- Price Driven Hydropower dispatch Under Uncertainty -- On Cutting Plane Algorithms and dynamic Programming for Hydroelectricity Generation -- Medium- Term Operational Planning for Hydrothermal Systems -- Stochastic Optimization of power Generation and Storage Management in a Market Environment -- Risk Measures in Multi- Horizon Scenario Trees -- Controlled Islanding as Roburst Operator Response Under Uncertainty -- Complementarity and Game-Theoretical Models for Equilibria in Energy Markets: Deterministic and Risk-Averse Formulations -- Optimal Planning and Economic Evaluation of Trigeneration Districts -- Renewable Energy and Its Impact on Power Markets -- Copula-Based Hedge Ratios for Renewable Power Generation -- Investment in Stochastic Electricity-Production Facilities -- Pricing of Energy Contracts: From Replication Pricing to Swing Options -- Energy Derivatives with Volume Controls -- Risk Hedging Strategies Under Energy System and Climate Policy Uncertainties -- Comparative Assessment of Accident Risks in the Energy Sector

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.

Similar content being viewed by others

There are no comments on this title.

to post a comment.
Library, Documentation and Information Science Division, Indian Statistical Institute, 203 B T Road, Kolkata 700108, INDIA
Phone no. 91-33-2575 2100, Fax no. 91-33-2578 1412, ksatpathy@isical.ac.in