Risk Based Energy Management

Risk Based Energy Management
Author: Sayyad Nojavan,Mahdi Shafieezadeh,Noradin Ghadimi
Publsiher: Academic Press
Total Pages: 294
Release: 2019-07-20
ISBN 10: 0128174927
ISBN 13: 9780128174920
Language: EN, FR, DE, ES & NL

Risk Based Energy Management Book Review:

Risk-Based Energy Management: DC, AC and Hybrid AC-DC Microgrids defines the problems and challenges of DC, AC and hybrid AC-DC microgrids and considers the right tactics and risk-based scheduling to tackle them. The book looks at the intermittent nature of renewable generation, demand and market price with the risk to DC, AC and hybrid AC-DC microgrids, which makes it relevant for anyone in renewable energy demand and supply. As utilization of distributed energy resources and the intermittent nature of renewable generations, demand and market price can put the operation of DC, AC and hybrid AC-DC microgrids at risk, this book presents a timely resource. Discusses both the challenges and solutions surrounding DC, AC and hybrid AC-DC microgrids Proposes robust scheduling of DC, AC and hybrid AC-DC microgrids under uncertain environments Includes modeling upstream grid prices, renewable resources and intermittent load in the decision-making process of DC, AC and hybrid AC-DC microgrids

Foundations of Energy Risk Management

Foundations of Energy Risk Management
Author: GARP (Global Association of Risk Professionals)
Publsiher: John Wiley & Sons
Total Pages: 140
Release: 2008-11-10
ISBN 10: 0470421908
ISBN 13: 9780470421901
Language: EN, FR, DE, ES & NL

Foundations of Energy Risk Management Book Review:

GARP's Fundamentals of Energy Risk Management introduces investors to the basic components and some of the basic terminology used in the energy industry. It covers the commodity cycle, energy use and sources, and various risk types, various energy products and the markets where energy is traded. It also introduces certain risk management fundamentals and real option thinking. The book is GARP's required text used by risk professionals looking to obtain their Certificate in Energy Risk Management.

Guidelines for Risk Based Process Safety

Guidelines for Risk Based Process Safety
Author: CCPS (Center for Chemical Process Safety)
Publsiher: John Wiley & Sons
Total Pages: 760
Release: 2011-11-30
ISBN 10: 111820963X
ISBN 13: 9781118209639
Language: EN, FR, DE, ES & NL

Guidelines for Risk Based Process Safety Book Review:

Guidelines for Risk Based Process Safety provides guidelines for industries that manufacture, consume, or handle chemicals, by focusing on new ways to design, correct, or improve process safety management practices. This new framework for thinking about process safety builds upon the original process safety management ideas published in the early 1990s, integrates industry lessons learned over the intervening years, utilizes applicable "total quality" principles (i.e., plan, do, check, act), and organizes it in a way that will be useful to all organizations - even those with relatively lower hazard activities - throughout the life-cycle of a company.

Handbook of Risk Management in Energy Production and Trading

Handbook of Risk Management in Energy Production and Trading
Author: Raimund M. Kovacevic,Georg Ch. Pflug,Maria Teresa Vespucci
Publsiher: Springer Science & Business Media
Total Pages: 505
Release: 2013-11-27
ISBN 10: 1461490359
ISBN 13: 9781461490357
Language: EN, FR, DE, ES & NL

Handbook of Risk Management in Energy Production and Trading Book Review:

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.

Principles of Risk Based Decision Making

Principles of Risk Based Decision Making
Author: In c. ABS Consulting
Publsiher: Government Institutes
Total Pages: 213
Release: 2002-02-01
ISBN 10: 1461624916
ISBN 13: 9781461624912
Language: EN, FR, DE, ES & NL

Principles of Risk Based Decision Making Book Review:

Principles of Risk-Based Decision Making provides managers with the foundation for creating a proactive organizational culture that systematically incorporates risk into key decision-making processes. Based on methodology adopted by a number of organizations including the federal government, this book examines risk-based decision making as a process for organizing information about the possibility for unwanted outcomes in a simple, practical way that helps decision makers make timely, informed management choices that minimize harmful effects on safety and health, the environment, property loss, or mission success.

Valuation and Risk Management in Energy Markets

Valuation and Risk Management in Energy Markets
Author: Glen Swindle
Publsiher: Cambridge University Press
Total Pages: 494
Release: 2014-02-17
ISBN 10: 1107036844
ISBN 13: 9781107036840
Language: EN, FR, DE, ES & NL

Valuation and Risk Management in Energy Markets Book Review:

This book surveys the mechanics of energy markets and the valuation of structures commonly arising in practice. The presentation balances quantitative issues and practicalities facing portfolio managers, with substantial attention paid to the ways in which common methods fail in practice and to alternative methods when they exist. The book will provide readers with the analytical foundation required to function in modern energy trading and risk management groups.

Risk Based Thinking

Risk Based Thinking
Author: Tony Muschara
Publsiher: Routledge
Total Pages: 288
Release: 2017-11-13
ISBN 10: 1351400177
ISBN 13: 9781351400176
Language: EN, FR, DE, ES & NL

Risk Based Thinking Book Review:

Society at large tends to misunderstand what safety is all about. It is not just the absence of harm. When nothing bad happens over a period of time, how do you know you are safe? In reality, safety is what you and your people do moment by moment, day by day to protect assets from harm and to control the hazards inherent in your operations. This is the purpose of risk-based thinking, the key element of the six building blocks of Human and Organizational Performance (H&OP). Generally, H&OP provides a risk-based approach to managing human performance in operations. But, specifically, risk-based thinking enables foresight and flexibility—even when surprised—to do what is necessary to protect assets from harm but also achieve mission success despite ongoing stresses or shocks to the operation. Although you cannot prepare for every adverse scenario, you can be ready for almost anything. When risk-based thinking is integrated into the DNA of an organization’s way of doing business, people will be ready for most unexpected situations. Eventually, safety becomes a core value, not a priority to be negotiated with others depending on circumstances. This book provides a coherent perspective on what executives and line managers within operational environments need to focus on to efficiently and effectively control, learn, and adapt.

Energy and Power Risk Management

Energy and Power Risk Management
Author: Alexander Eydeland,Krzysztof Wolyniec
Publsiher: John Wiley & Sons
Total Pages: 504
Release: 2003-02-03
ISBN 10: 0471455873
ISBN 13: 9780471455875
Language: EN, FR, DE, ES & NL

Energy and Power Risk Management Book Review:

Praise for Energy and Power Risk Management "Energy and Power Risk Management identifies and addresses the keyissues in the development of the turbulent energy industry and thechallenges it poses to market players. An insightful andfar-reaching book written by two renowned professionals." -Helyette Geman, Professor of Finance University Paris Dauphine and ESSEC "The most up-to-date and comprehensive book on managing energyprice risk in the natural gas and power markets. An absoluteimperative for energy traders and energy risk managementprofessionals." -Vincent Kaminski, Managing Director Citadel Investment Group LLC "Eydeland and Wolyniec's work does an excellent job of outliningthe methods needed to measure and manage risk in the volatileenergy market." -Gerald G. Fleming, Vice President, Head of East Power Trading, TXUEnergy Trading "This book combines academic rigor with real-world practicality. Itis a must-read for anyone in energy risk management or assetvaluation." -Ron Erd, Senior Vice President American Electric Power

Strategic Approaches to Energy Management

Strategic Approaches to Energy Management
Author: Serhat Yüksel
Publsiher: Springer Nature
Total Pages: 135
Release: 2021
ISBN 10: 3030767833
ISBN 13: 9783030767839
Language: EN, FR, DE, ES & NL

Strategic Approaches to Energy Management Book Review:

Robust Energy Procurement of Large Electricity Consumers

Robust Energy Procurement of Large Electricity Consumers
Author: Sayyad Nojavan,Mahdi Shafieezadeh,Noradin Ghadimi
Publsiher: Springer
Total Pages: 254
Release: 2018-12-11
ISBN 10: 3030032299
ISBN 13: 9783030032296
Language: EN, FR, DE, ES & NL

Robust Energy Procurement of Large Electricity Consumers Book Review:

This book identifies the challenges faced by large electricity consumers when they use several sources to procure their energy. The huge penetration of distributed energy resources and the intermittent nature of renewables can put the operations of the large electricity consumer at risk. The book discusses the different types of energy sources including the pool market, bilateral contracts, electrical vehicles, energy storage systems, and demand response programs in detail and presents solutions for robust and risk based scheduling. The author provides models for determining and considering uncertainties and optimal bidding strategies. The book is useful to engineers and students involved in the integration of various energy types as well as those working in state and federal governmental organizations who regulate different aspects of electricity market operation and planning. Presents solutions for robust and risk based scheduling; Discusses the operation and planning of energy storage systems; Presents the most-up-to-date technological approaches to energy integration.

Energy Risk Management

Energy Risk Management
Author: Peter C. Fusaro
Publsiher: McGraw Hill Professional
Total Pages: 260
Release: 1998
ISBN 10: 9780786311842
ISBN 13: 0786311843
Language: EN, FR, DE, ES & NL

Energy Risk Management Book Review:

Energy deregulation, privatization and competition are a hot international topic. Professionals in this field understand the importance of hedging their financial risk, but are often unclear how to do so. The result is that either they take undue and unwarranted risk or they shy away from futures and derivatives investments that could improve their financial position while preventing substantial losses. Energy Risk Management is the first book to address the important issues of worldwide energy price risk management. Peter C. Fusaro has assembled the leading industry figures to explain general theories and practices for hedging risk, and specific methods to effectively manage risk in markets such as coal, natural gas, electricity, hydropower and others. Topics include: The ABCs of energy financial instruments - How to use hedging tools like futures and options, forwards and spreads; Energy securitization - Ways to securitize oil and gas production, and project finance implications; The future of energy price risk management - Globalization of energy markets, and an integrated approach to managing all risks. Energy professionals and investors worldwide require information to clarify risk management concepts and applications that are new to them. Energy Risk Management steps into that void, providing proven hedging strategies in non-technical language that simplifies this intimidating topic.

Energy Budgets at Risk EBaR

Energy Budgets at Risk  EBaR
Author: J. Jackson
Publsiher: John Wiley & Sons
Total Pages: 352
Release: 2008-03-31
ISBN 10: 9780470280218
ISBN 13: 0470280212
Language: EN, FR, DE, ES & NL

Energy Budgets at Risk EBaR Book Review:

Energy Budgets at Risk (EBar)® provides everyone from facility energy managers and financial managers to government policy-makers and electric utilities program planners with the background information required to understand energy cost, price, efficiency, and related issues important in developing a balanced approach to facility energy risk management. Throughout the book, respected energy economist Dr. Jerry Jackson clearly shows how to reduce energy costs and increase cash flows by using risk management concepts developed in the financial industry.

Bow Ties in Risk Management

Bow Ties in Risk Management
Author: CCPS (Center for Chemical Process Safety)
Publsiher: John Wiley & Sons
Total Pages: 224
Release: 2018-10-09
ISBN 10: 1119490391
ISBN 13: 9781119490395
Language: EN, FR, DE, ES & NL

Bow Ties in Risk Management Book Review:

AN AUTHORITATIVE GUIDE THAT EXPLAINS THE EFFECTIVENESS AND IMPLEMENTATION OF BOW TIE ANALYSIS, A QUALITATIVE RISK ASSESSMENT AND BARRIER MANAGEMENT METHODOLOGY From a collaborative effort of the Center for Chemical Process Safety (CCPS) and the Energy Institute (EI) comes an invaluable book that puts the focus on a specific qualitative risk management methodology – bow tie barrier analysis. The book contains practical advice for conducting an effective bow tie analysis and offers guidance for creating bow tie diagrams for process safety and risk management. Bow Ties in Risk Management clearly shows how bow tie analysis and diagrams fit into an overall process safety and risk management framework. Implementing the methods outlined in this book will improve the quality of bow tie analysis and bow tie diagrams across an organization and the industry. This important guide: Explains the proven concept of bow tie barrier analysis for the preventing and mitigation of incident pathways, especially related to major accidents Shows how to avoid common pitfalls and is filled with real-world examples Explains the practical application of the bow tie method throughout an organization Reveals how to treat human and organizational factors in a sound and practical manner Includes additional material available online Although this book is written primarily for anyone involved with or responsible for managing process safety risks, this book is applicable to anyone using bow tie risk management practices in other safety and environmental or Enterprise Risk Management applications. It is designed for a wide audience, from beginners with little to no background in barrier management, to experienced professionals who may already be familiar with bow ties, their elements, the methodology, and their relation to risk management. The missions of both the CCPS and EI include developing and disseminating knowledge, skills, and good practices to protect people, property and the environment by bringing the best knowledge and practices to industry, academia, governments and the public around the world through collective wisdom, tools, training and expertise. The CCPS has been at the forefront of documenting and sharing important process safety risk assessment methodologies for more than 30 years. The EI's Technical Work Program addresses the depth and breadth of the energy sector, from fuels and fuels distribution to health and safety, sustainability and the environment. The EI program provides cost-effective, value-adding knowledge on key current and future international issues affecting those in the energy sector.

Federal Energy Management

Federal Energy Management
Author: Terrell G. Dorn
Publsiher: DIANE Publishing
Total Pages: 55
Release: 2010-10
ISBN 10: 1437935087
ISBN 13: 9781437935080
Language: EN, FR, DE, ES & NL

Federal Energy Management Book Review:

The Amer. Recovery and Reinvest. Act of 2009 (ARRA) provided the Gen. Serv. Admin. (GSA) with $5.55 billion to invest in fed. buildings and promote economic recovery. This funding includes $4.5 billion to convert buildings to high-performance green buildings (HPGB), which seek to reduce energy and water use. This report addresses the: (1) steps GSA has taken to implement the program and make its ARRA projects transparent to the public; (2) extent to which GSA¿s ARRA projects are helping the agency convert buildings to HPGB and addressing fed. energy and water conservation requirements and goals; and (3) extent to which GSA has identified potential risks to its ARRA program and developed strategies to mitigate those risks. Charts and tables.

Risk based Management in the World of Threats and Opportunities

Risk based Management in the World of Threats and Opportunities
Author: Rufran C. Frago
Publsiher: Createspace Independent Publishing Platform
Total Pages: 370
Release: 2015-06-20
ISBN 10: 9781508758952
ISBN 13: 1508758956
Language: EN, FR, DE, ES & NL

Risk based Management in the World of Threats and Opportunities Book Review:

Risk-based Management in the World of Threats and Opportunities provides new and additional knowledge to project management practitioners, risk management specialists, and for undergraduate students taking up courses in Risk Management. The purpose of life is managing risk. It is in front of all of us and in the very fabric of our daily life. Risk management is the only thing we do for a living. This is the reason why we go to work every day. If we still do not realize this intriguing conclusion then I guess, we are all familiar with risks like close friends but we still do not know them well enough. Grab a copy, read and I will show you how to better appreciate the word risk, threat, opportunity, and the concept of risk-based management in the simplest terms.The sectional contents offer practical and common sense approach surrounding risk-based thinking to managers, directors, aspiring industry professionals, and newcomers. The material is especially design to start with the foundational principles and gradually bringing the reader to deeper topics using simple terminologies in conversational style. Risk-based management is a serious approach and a philosophy that takes risk as major consideration while managing any endeavor throughout its life cycle. Risk-based management increases the probability of success in achieving organizational and individual objectives. It simply means that risk should be the main contemplation by anyone while keeping an eye to achieving objectives. Risk is a primary concern in pursuit of a goal. Risk is not only a factor or featured element of management. It is the main character at play. Risk-based management gives importance to objectives. Failing to mitigate the risk means failure to meet the objective/s. Each chapter is an open-minded appraisal of risk, its concept, its approaches, its visual, basis, assumptions, methodologies, tools, and applications. Risk attributes were revisited and explained in a more vivid, flexible and friendly manner. I want to talk about risk and risk-based management with someone fresh from high school and one deep in the fields, yet coming to the same understanding because this book has bridged understanding. One must remember the idea of risk like a picture. If the book manages to accomplish that, then I consider the book a success.

The Owner s Role in Project Risk Management

The Owner s Role in Project Risk Management
Author: National Research Council,Division on Engineering and Physical Sciences,Board on Infrastructure and the Constructed Environment,Committee for Oversight and Assessment of U.S. Department of Energy Project Management
Publsiher: National Academies Press
Total Pages: 102
Release: 2005-03-25
ISBN 10: 0309095182
ISBN 13: 9780309095181
Language: EN, FR, DE, ES & NL

The Owner s Role in Project Risk Management Book Review:

Effective risk management is essential for the success of large projects built and operated by the Department of Energy (DOE), particularly for the one-of-a-kind projects that characterize much of its mission. To enhance DOE’s risk management efforts, the department asked the NRC to prepare a summary of the most effective practices used by leading owner organizations. The study’s primary objective was to provide DOE project managers with a basic understanding of both the project owner’s risk management role and effective oversight of those risk management activities delegated to contractors.

Trends and Challenges in Maritime Energy Management

Trends and Challenges in Maritime Energy Management
Author: Aykut I. Ölçer,Momoko Kitada,Dimitrios Dalaklis,Fabio Ballini
Publsiher: Springer
Total Pages: 509
Release: 2018-05-03
ISBN 10: 331974576X
ISBN 13: 9783319745763
Language: EN, FR, DE, ES & NL

Trends and Challenges in Maritime Energy Management Book Review:

This book provides an overview of contemporary trends and challenges in maritime energy management (MEM). Coordinated action is necessary to achieve a low carbon and energy-efficient maritime future, and MEM is the prevailing framework aimed at reducing greenhouse gas emissions resulting from maritime industry activities. The book familiarizes readers with the status quo in the field, and paves the way for finding solutions to perceived challenges. The 34 contributions cover six important aspects: regulatory framework; energy-efficient ship design; energy efficient ship and port operation; economic and social dimensions; alternative fuels and wind-assisted ship propulsion; and marine renewable energy. This pioneering work is intended for researchers and academics as well as practitioners and policymakers involved in this important field.

Annual Report 2017 2018 of the Institute for Nuclear and Energy Technologies KIT Scientific Reports 7756

Annual Report 2017 2018 of the Institute for Nuclear and Energy Technologies  KIT Scientific Reports   7756
Author: Schulenberg, Thomas
Publsiher: KIT Scientific Publishing
Total Pages: 118
Release: 2019-08-19
ISBN 10: 3731509423
ISBN 13: 9783731509424
Language: EN, FR, DE, ES & NL

Annual Report 2017 2018 of the Institute for Nuclear and Energy Technologies KIT Scientific Reports 7756 Book Review:

A review of multi criteria decision making applications to solve energy management problems Two decades from 1995 to 2015

A review of multi criteria decision making applications to solve energy management problems  Two decades from 1995 to 2015
Author: Abbas Mardania ,Edmundas Kazimieras Zavadskas,Zainab Khalifah,Norhayati Zakuan,Ahmad Jusoh,Khalil Md Nor,Masoumeh Khoshnoudi
Publsiher: Infinite Study
Total Pages: 41
Release: 2021
ISBN 10: 1928374650XXX
ISBN 13: 9182736450XXX
Language: EN, FR, DE, ES & NL

A review of multi criteria decision making applications to solve energy management problems Two decades from 1995 to 2015 Book Review:

Energy management problems associated with rapid institutional, political, technical, ecological, social and economic development have been of critical concern to both national and local governments worldwide for many decades; thus, addressing such issues is a global priority.

Energy Management of Internet Data Centers in Smart Grid

Energy Management of Internet Data Centers in Smart Grid
Author: Tao Jiang,Liang Yu,Yang Cao
Publsiher: Springer
Total Pages: 102
Release: 2015-01-02
ISBN 10: 3662456761
ISBN 13: 9783662456767
Language: EN, FR, DE, ES & NL

Energy Management of Internet Data Centers in Smart Grid Book Review:

This book reports the latest findings on intelligent energy management of Internet data centers in smart-grid environments. The book gathers novel research ideas in Internet data center energy management, especially scenarios with cyber-related vulnerabilities, power outages and carbon emission constraints. The book will be of interest to university researchers, R&D engineers and graduate students in communication and networking areas who wish to learn the core principles, methods, algorithms, and applications of energy management of Internet data centers in smart grids.