Wind Power in Power SystemsThe second edition of the highly acclaimed Wind Power in Power Systems has been thoroughly revised and expanded to reflect the latest challenges associated with increasing wind power penetration levels. Since its first release, practical experiences with high wind power penetration levels have significantly increased. This book presents an overview of the lessons learned in integrating wind power into power systems and provides an outlook of the relevant issues and solutions to allow even higher wind power penetration levels. This includes the development of standard wind turbine simulation models. This extensive update has 23 brand new chapters in cutting-edge ...
“The essential training manual for anyone who expects to profi tably engage the energy market while avoiding the devils lurking in the details.”Kurt Yeager, former President and CEO of the Electric Power Research Institute and coauthor of Perfect Power Shrinking fossil fuel supplies, volatile prices, deregulation, and environmental conservation have transformed the energy market into a major arena for making money. In response, an unprecedented amount of capital and investment manpower has fl ooded into the energy market. Older utilities are finding that their quiet, safe business has changed dramatically in a short period of time. Now, Energy Trading and Investing provides a big-picture introduction to the industry along with the trading know-how and fi nancial details that every market participant needs for success. This hands-on guidebook covers all types of energy markets―from the big-three markets of electricity, natural gas, and oil to the growing markets for liquefied natural gas, emissions, and alternative energy. It provides useful information on the interdependence of the different energy markets, who the major players are, and how Wall Street trades energy products. Energy Trading and Investing features: An overview of the entire energy market In-depth descriptions of all of the major energy commodities Financially oriented discussions of how chemistry, physics, accounting, and option pricing affect trading Primers on load forecasting, tolling agreements, natural gas storage, and more A practical introduction to risk management Written by a pioneering quant in the energy market, Energy Trading and Investing provides a highly disciplined and organized approach to profi ting from energy investments. This potent combination of detailed, up-to-date information alongside expert know-how thoroughly prepares you to invest and trade with confi dence in the energy market. If you’re a serious trader, you need to understand the energy markets, and Energy Trading and Investing is the only book you need to trade successfully in this growing sector.
Due to the mounting demand for energy and increasing population of the world, switching from nonrenewable fossil fuels to other energy sources is not an option―it is a necessity. Focusing on a cost-effective option for the generation of electricity, Wind Energy: Renewable Energy and the Environment covers all facets of wind energy and wind turbines. The book begins by outlining the history of wind energy, before providing reasons to shift from fossil fuels to renewable energy. After examining the characteristics of wind, such as shear, power potential, and turbulence, it discusses the measurement and siting of individual wind turbines and wind farms. The text then presents the aerodynamics, operation, control, applications, and types of wind turbines. The author also describes the design of wind turbines and system performance for single wind turbines, water pumping, village systems, and wind farms. In addition, he explores the wind industry from its inception in the 1970s to today as well as the political and economic factors regarding the adoption of wind as an energy source. Since energy cannot be created nor destroyed―only transformed to another form―we are not encountering an energy crisis. Rather, we face an energy dilemma in the use of finite energy resources and their effects on the environment, primarily due to the burning of fossil fuels. Wind Energy explores one of the most economical solutions to alleviate our energy problems.