Overview
- Provides a broad introduction into the field of energy production and trading by discussion about 20 real world cases
- Besides the overview the reader learns about mathematical optimization methods used to solve these problems
- Includes supplementary material: sn.pub/extras
Part of the book series: Energy Systems (ENERGY)
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Table of contents (22 chapters)
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Challenges and Perspectives of Optimization in the Energy Industry
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Deterministic Methods
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Stochastic Programming: Methods and Applications
Keywords
About this book
Today, the optimization of production planning processes using IT and quantitative methods is a de-facto standard in the energy industry. The energy problem is challenging and one of the most important political and economical issues in the world. Governments face the problem how to adopt the system of `Cap and Trade.' Especially, energy consuming industries, like steel, power, oil and chemical, are seriously confronted with this problem.
The book offers a broad in-depth overview reflecting the requirements, possibilities and limits of mathematical optimization and, especially, stochastic optimization in the energy industry. 22 chapters with world-wide origins illuminate the mathematical requirements based on practical experiences and provide an ideal insight into the energy world -- from integration of wind energy, chain of errors in nuclear power plants and scheduling of hydroelectric power stations, over risk assessment in trading activities to various mathematicalapproaches.
Editors and Affiliations
Bibliographic Information
Book Title: Optimization in the Energy Industry
Editors: Josef Kallrath, Panos M. Pardalos, Steffen Rebennack, Max Scheidt
Series Title: Energy Systems
DOI: https://doi.org/10.1007/978-3-540-88965-6
Publisher: Springer Berlin, Heidelberg
eBook Packages: Engineering, Engineering (R0)
Copyright Information: Springer-Verlag Berlin Heidelberg 2009
Hardcover ISBN: 978-3-540-88964-9Published: 17 January 2009
Softcover ISBN: 978-3-642-10031-4Published: 08 October 2010
eBook ISBN: 978-3-540-88965-6Published: 25 December 2008
Series ISSN: 1867-8998
Series E-ISSN: 1867-9005
Edition Number: 1
Number of Pages: XX, 534
Topics: Calculus of Variations and Optimal Control; Optimization, Energy Systems, Operations Research/Decision Theory, Energy Systems