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Economic Value of Intermittent Power Generation
SSRN Electronic Journal, 2013A significant part of the renewable energy differs from conventional generating technologies such that they produce electricity intermittently. If traditional levelized cost approach is used it gives inappropriate and misleading results. We utilize a long-run oriented Real-Time Price based model to analyze the economic value of intermittent electricity
Maria Kopsakangas-Savolainen +1 more
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An economic analysis of biomass gasification and power generation in China
Bioresource Technology, 2002With vast territory and abundant biomass resources China appears to have suitable conditions to develop biomass utilization technologies. As an important decentralized power technology, biomass gasification and power generation (BGPG) has a potential market in making use of biomass wastes.
C Z, Wu, H, Huang, S P, Zheng, X L, Yin
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Economics of Concentrating Solar Power Generation
2019The CSP value chain comprises many activities ranging from the development, civil works, solar field, tower, receiver, control, piping/valves, steam generation, turbine, cooling system, electrical system, auxiliary system, assembling, and research [15].
Pere Mir-Artigues +2 more
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Distributed dynamic economic dispatch of power generators with storage
2015 54th IEEE Conference on Decision and Control (CDC), 2015This paper considers the dynamic economic dispatch problem for a group of generators with storage that communicate over a weight-balanced strongly connected digraph. The objective of the generators is to collectively meet a certain load profile, specified over a finite time horizon, while minimizing the aggregate cost. At each time slot, each generator
Ashish Cherukuri, Jorge Cortés 0001
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Economics of on-site power generation by fuel cells
Energy Conversion, 1968Abstract Recent advances in fuel cell technology have led us to study characteristics of fuel cell processes, especially efficiency and minimum cost, and to interpret these characteristics in terms of possible competition between fuel cells and “conventionally” generated power. The study limited to processes utilizing fuel cells with solid-oxide and
R.H. Boll, R.K. Bhada
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An economic appraisal of magma power generation
Energy, 1988Abstract Preliminary studies indicate the technical feasibility of drilling into shallow magma bodies. By tapping the heat energy of these bodies, electrical power can be produced at a potentially competitive price.
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An economic competitiveness analysis of power generation plants
2018 5th International Conference on Industrial Engineering and Applications (ICIEA), 2018Due to the fast growth of renewable energy resources, the analysis and comparison of costs associated with different forms of electricity generating sources are crucial for decision policy makers and investors. To this end, the Levelized Cost of Electricity (LCOE) is a widely tool employed to assess the economic viability of a power plant, however the ...
Ndala Yves Mulongo, Pule Kholopane
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Economic Scheduling of Generators in an Interconnected power system
2020 6th International Conference on Advanced Computing and Communication Systems (ICACCS), 2020In a typical power generating system cost optimization performs crucial act to deliver power to the consumers at lowest possible price. This cost optimization is achieved by proper scheduling of all available generators based on their fuel costs. This means that the real & reactive power flows of all units, allowed changing within their acceptable ...
G V Appa Rao, P Rama Krishna
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Energy Economics of Automotive Power Generation
SAE Technical Paper Series, 1975<div class="htmlview paragraph">This paper aims to demonstrate the importance of considering fuel production and utilisation as inter-related components of a single process - the conversion of natural chemical energy into a usable form in an economic manner.</div> <div class="htmlview paragraph">Taking automotive power generation as ...
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Economic control for generation in thermal power systems
Energy Conversion and Management, 1999This work is based on two proposed procedures for scheduling of generating units to obtain optimum economic dispatch with consideration of control over the generating units. Two mathematical models were built, taking the transmission losses into account.
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