Logo - springer
Slogan - springer

Springer Vieweg - Energie- + Umwelttechnik - Energietechnik | Stochastic Optimization in Energy Systems - With Practical Implementations in GAMS

Stochastic Optimization in Energy Systems

With Practical Implementations in GAMS

Rebennack, Steffen, Kallrath, Josef

2015, Approx. 300 p.

Available Formats:
eBook
Information

Springer eBooks may be purchased by end-customers only and are sold without copy protection (DRM free). Instead, all eBooks include personalized watermarks. This means you can read the Springer eBooks across numerous devices such as Laptops, eReaders, and tablets.

You can pay for Springer eBooks with Visa, Mastercard, American Express or Paypal.

After the purchase you can directly download the eBook file or read it online in our Springer eBook Reader. Furthermore your eBook will be stored in your MySpringer account. So you can always re-download your eBooks.

 

ISBN 978-3-8348-2135-5

digitally watermarked, no DRM

The eBook version of this title will be available soon


learn more about Springer eBooks

add to marked items

Hardcover
Information

Hardcover version

You can pay for Springer Books with Visa, Mastercard, American Express or Paypal.

Standard shipping is free of charge for individual customers.

 
approx. $49.95

(net) price for USA

ISBN 978-3-8348-1607-8

free shipping for individuals worldwide

Due: October 5, 2015


add to marked items

  • Advanced textbook with application focus and complete software examples
This book provides an overview on stochastic optimization and its application in the Energy Industry. Special focus is given on hydro-thermal scheduling and, more generally, storage systems. The book begins by illuminating several approaches to deal with uncertainties (e.g., robust optimization, chance-constraints, stochastic optimization) and discusses their relations, advantages and disadvantages.Special focus is given on GAMS coded examples and the usage of the GAMS software. The book is very suitable for courses in business schools, system engineering, applied mathematics, operations research and energy producing industry.

Introduction: Examples in the energy industry - Deterministic vs. stochastic optimization - General Concepts: Structure of Uncertainty - Value of the Stochastic Solution (VSS) - Value of Perfect Information - Robust Optimization - Chance Constrained Programming - Modeling Approaches towards Uncertainty: Scenario Tree - Markov-Chains - Markov-Processes - Monte Carlo Sampling - Electricity Production: Centrally Dispatched Models - Deregulated electricity markets - Expansion Problems - Electricity Network: Operation - Expansion - Financial Markets - Natural Gas: LNG, LCG, LPG Transportation Problems - Pipeline Optimization - Gas Generation

Advanced students and lectures in applied mathematics, operations research, industrial & systems engineering, environment engineering.
Practitioners in the energy industry

Dr. Steffen Rebennack is Assistant Professor for Operations Research at the Colorado School of Mines in the Division of Economics& Business.

Prof. Dr. Josef Kallrath works at a world leading chemical company in Germany. He is professor at the University of Gainesville, Florida, and leader of the Real World Optimization Working Group of the German Operations Research Society.

Content Level » Research

Keywords » biomass - deregulated markets - hydro power - modeling approaches - power system - solar energy - solution methods - stochastic optimization - stochastic unit commitment - thermal energy - wind power

Related subjects » Energietechnik

Table of contents 

Introduction: Examples in the energy industry - Deterministic vs. stochastic optimization - General Concepts: Structure of Uncertainty - Value of the Stochastic Solution (VSS) - Value of Perfect Information - Robust Optimization - Chance Constrained Programming - Modeling Approaches towards Uncertainty: Scenario Tree - Markov-Chains - Markov-Processes - Monte Carlo Sampling - Electricity Production: Centrally Dispatched Models - Deregulated electricity markets - Expansion Problems - Electricity Network: Operation - Expansion - Financial Markets - Natural Gas: LNG, LCG, LPG Transportation Problems - Pipeline Optimization - Gas Generation

Popular Content within this publication 

 

Articles

Services for this book

New Book Alert

Get alerted on new Springer publications in the subject area of Energy Technology.