ENGLISH

Optimization in the Energy Industry (Energy Systems)

By Panos M. Pardalos , Josef Kallrath , Steffen Rebennack , Max Scheidt

Book information

Year
2009
ISBN
3540889647, 9783540889649
Language
english
Format
PDF
Filesize
18 MB (18637861 bytes)
Edition
1
Pages
533\533
Topic
Economy
Scanned
yes
Time added
2011-06-04 13:46:07
Финансово-экономические дисциплины;Организация про

Description

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 mathematical approaches.

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