1.

Record Nr.

UNINA9910346863403321

Autore

Keles Dogan

Titolo

Uncertainties in energy markets and their consideration in energy storage evaluation

Pubbl/distr/stampa

KIT Scientific Publishing, 2013

ISBN

1000035365

Descrizione fisica

1 online resource (XII, 236 p. p.)

Collana

Produktion und Energie / Karlsruher Institut für Technologie, Institut für Industriebetriebslehre und industrielle Produktion u. Deutsch-Französisches Institut für Umweltforschung

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

This book successfully illustrates the modeling of electricity prices with the help of stochastic processes. The relatively new phenomenon of negative prices is also integrated into the models. The integration of feed-in from wind power plants in energy models is also very innovative. This approach helps to simulate electricity prices in order to take into account the ""merit-order effect of renewable energy"". Finally, the models are used for the techno-economic evaluation of energy storages.