The growing impacts of climate change mainly due to the increasing emissions of GHG, especially carbon dioxide, has led to the development and implementation of specific strategies and policies to reduce them. Carbon capture and utilization (CCU) is currently seen as a good option, as it...

The penetration of renewable energy sources into power systems has been increasing to mitigate the concerns for the environment, global warming, and rising fuel prices. However, the variability and uncertainty of power output from renewable energy sources raise challenging issues for power...

Non-dominated sorting genetic algorithm (NSGA-II) was deployed in this paper for multi-objective thermo-economic optimization of biomass retrofit for an existing solar organic Rankine cycle (ORC) power plant. The existing plant consists of a field of linear Fresnel collectors (LFC), integrated...

The appropriate maintenance strategy is essential for maintaining the thermal power plant highly reliable. The thermal power plant is a complex system that consists of various subsystems connected either in series or parallel configuration. The boiler-furnace (BF) system is one of the most...

The hydropower stations are one of the most significant sources of renewable energy. In this research, the identification of suitable locations for hydroelectric power stations installation concerning electricity generation capacity has been investigated. Small-scale hydropower can potentially...

This paper estimates the effect of coal-fired power plants on infant mortality in India. We find that a one GW increase in coal-fired capacity corresponds to a 14% increase in infant mortality rates in districts near versus far from the plant site. This effect is 2-3 times larger than estimates...

Using electricity for heating can contribute to decarbonization and provide flexibility to integrate variable renewable energy. We analyze the case of electric storage heaters in German 2030 scenarios with an open-source electricity sector model. Making customary night-time storage heaters...

There is a broad agreement that renewable energy sources (RES) will play an important role to abate CO₂ emissions but there is a contentious debate about the economic sense to promote RES via subsidies. Many static analyses conclude that subsidizing RES ties up capital which could have been...

Project(s) to succeed four key factors are important; they are manpower, finance, material and time. The finance is an essential component than the rest and the key role played by the finance department is critical for project completion success. The project manager ensures that the project...

Over the coming decade, the power sector is expected to invest ~7.2 trillion USD in power plants and grids globally, much of it into CO2-emitting coal and gas plants. These assets typically have a long lifetime and commit large amounts of (future) CO2 emissions. Here, we analyze the historic...

Market power in electricity wholesale markets arises when generators have incentives to mark up their offers above the cost of production.I model a transmission network with a single line. I derive optimality conditions for supply functions for generators who supply energy at both ends of the...

Change is normal in Britain's evolving and decarbonising electricity system -- Designing a low carbon electricity system -- Welcome to the store-age : the energy storage mix and its role in flexible electricity -- What makes new energy so different? -- A vision for decarbonising British...

This paper analyzes the influence of wind turbines as new participants on prices and allocation within balancing markets. We introduce the cost-minimizing electricity sector model ELMOD-MIP, that includes detailed unit-commitment constraints, complex combined heat and power constraints, and...

Ob Student oder Angestellter, Forscher oder Unternehmer, Politiker oder Dozent, ob im Start-up oder im Unternehmens-Oldie "Energieversorger" - heute kommt vermeintlich keiner ohne ein gutes Geschäftsmodell aus. Warum ist das so? Was macht Geschäftsmodelle zu "fleißigen Lieschen" nicht nur der...

Cement is paramount for economic development and poverty reduction in emerging markets. Along with aggregates and water, cement is the key ingredient in the production of concrete, and, as such, is an essential construction material that enables large infrastructure projects in energy, water,...

Currently, many socially responsible governments adopt economic incentives and deterrents to manage environmental impacts of electricity suppliers. Considering the Stackelberg leadership of the government, the government’s role in the competition of power plants in an electricity market is...

The emerging literature on power markets with high shares of fluctuating renewables suggests that more frequent start-up procedures of thermal power plants may become an increasing concern, both for costs and possibly also for market design. Based on official scenario assumptions, we investigate...

The diffusion of renewable energy in the power system implies high supply variability. Lacking economically viable storage options, renewable energy integration has so far been possible thanks to the presence of fast-reacting mid-merit fossil-based technologies, which act as back-up capacity....

While early literature on electricity externalities was largely concerned with fossil fuel power generation and the associated emissions, nuclear accidents (Chernobyl, Fukushima) and the large-scale deployment of renewable energy facilities have spurred a wave of research on the externalities of...

In today’s dynamic, uncertain and highly competitive business environment, the long term success of an organization critically depends on the perceptions, choices and actions of its managers regarding their strategies. Activity based costing (ABC) and balanced scorecard (BSC) are the modern...

Researchers have utilized the fact that many states have term limits (as opposed to being eligible for re-election) for governors to determine how changes in electoral incentives alter state regulatory agency behavior. This paper asks whether these impacts spill over into private sector...

Recent droughts and heat waves have revealed the vulnerability of some power plants to effects from higher temperature intake water for cooling. In this evaluation, we develop a methodology for predicting whether power plants are at risk of violating thermal pollution limits. We begin by...

Strongly correlated and spatially concentrated curtailment of power plants strongly affects the electricity market. Such curtailment is observed during heat waves in middle Europe, for example. First, curtailed power plants need to be substituted by more expensive ones. Second, additional...

The present study investigates the impact of various factors affecting coal-fired power plant economics of 210 MW subcritical unit situated in north India for electricity generation. In this paper, the cost data of various units of thermal power plant in terms of power output capacity have been...