Renewable energy is the kind of energy including hydro, geothermal, solar, biomass and wind which presents as same in the next day according to natural cycle process. Renewable energy resources, like for all the other countries, make up a significance role in reliable energy supply from...

Fourteen U.S. states recently pledged to adopt limits on greenhouse gases (GHGs) per mile of light-duty automobiles. Previous analyses predicted that these limits will yield significant reductions in GHGs. However, these studies did not consider critical factors that imply different results....

Forecasts of power production are necessary for the electricity market participation of Concentrating Solar Power (CSP) plants. Deviations from the production schedule may lead to penalty charges. the mitigation impact on deviation penalties of an electricity production forecasting tool for...

Traditional electric utility companies face a trade-off between building generation facilities that utilize renewable energy (RE) and non-renewable energy (non-RE). The firm’s input decision to build capacity for either source depends on several constraining factors, including input prices,...

In a stochastic dynamic frame, we study the technology choice problem of a continuous co- digestion biogas plant where input factors are substitute but need to be mixed together to provide output. Given any initial rule for the composition of the feedstock, we consider the possibility of...

Opening the electricity market to renewable energy sources would create flexibility for the further integration of renewable energy, leading to considerably lower costs and emissions. This requires the electricity markets to be reorganized in three ways. Firstly, most trading, and therefore...

Renewable energy sources and increased energy efficiency are not only crucial for reducing greenhouse gas emissions and other negative impacts of conventional energy supply; they also hold enormous economic opportunity. Significant and dynamically growing sectors have emerged in the area of...

We show that US natural gas prices have decoupled from oil prices following substantial institutional and technological changes. We then examine how this interrelationship has evolved in Europe using data for Algeria, one of Europe’s key gas suppliers. Taking into account total gas...

This article deals with the treatment of grid-connected solar and wind energy in the Australian state of Victoria during the period from the mid-1970s to 1994. Traditionally, electricity authorities and governments tend to dismiss these options claiming that they are too expensive and only...