Overview of Some Recent Results in Energy Market Modelling and Clean Energy Vision in Canada

Overview of Some Recent Results in Energy Market Modelling and Clean Energy Vision in Canada PDF Author: Anatoliy V. Swishchuk
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The paper overviews our recent results in energy market modelling, including: option pricing formula for a mean-reversion asset; variance and volatility swaps in energy markets; applications of weather derivatives in energy markets; pricing crude oil options using L evy processes; energy contracts modelling with delayed and jumped volatilities; applications of mean-reverting processes in Alberta energy markets; Aaternatives to Black- 76 model for options valuation of futures contracts. We will also consider the clean renewable energy prospective in Canada, and, in particular in Alberta and Calgary.

Overview of Some Recent Results in Energy Market Modelling and Clean Energy Vision in Canada

Overview of Some Recent Results in Energy Market Modelling and Clean Energy Vision in Canada PDF Author: Anatoliy V. Swishchuk
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The paper overviews our recent results in energy market modelling, including: option pricing formula for a mean-reversion asset; variance and volatility swaps in energy markets; applications of weather derivatives in energy markets; pricing crude oil options using L evy processes; energy contracts modelling with delayed and jumped volatilities; applications of mean-reverting processes in Alberta energy markets; Aaternatives to Black- 76 model for options valuation of futures contracts. We will also consider the clean renewable energy prospective in Canada, and, in particular in Alberta and Calgary.

Modeling the Renewable Energy Transition in Canada

Modeling the Renewable Energy Transition in Canada PDF Author: Tanveer Ahmed
Publisher: Springer
ISBN: 3319315056
Category : Technology & Engineering
Languages : en
Pages : 68

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Book Description
The work demonstrates a techno-economic model of power generation for the cost-effective integration of renewable energy sources, with the goal of reducing greenhouse gas emissions in Canada. The methodological approach outlined by the author is based on periodic simulation of price variations. The result demonstrates that a 10% transition to renewable energy generation is possible, practical and affordable when supported by an effective policy framework that does not need to introduce a feed-in tariff or loan-based financial mode.

Energy Policy Review

Energy Policy Review PDF Author: Great Britain. Department of Energy
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 68

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Book Description


New Methods for Energy Market Modelling

New Methods for Energy Market Modelling PDF Author: Dominik Möst
Publisher: KIT Scientific Publishing
ISBN: 3866442386
Category : Electric utilities
Languages : en
Pages : 142

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Sustainable Energy Transitions in Canada

Sustainable Energy Transitions in Canada PDF Author: Mark Winfield
Publisher: UBC Press
ISBN: 077486947X
Category : Political Science
Languages : en
Pages : 420

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Book Description
Canadian energy systems need to evolve. Beyond providing essential energy services, they must respond to climate change, enhance social justice, and remain sensitive to local cultures and traditions. Can they do this and still make financial sense? Sustainable Energy Transitions in Canada gathers experts from across the country to share perspectives on leading theories and practices. Contributors first deal with the conceptual aspects of energy transitions, investigating such topics as energy justice and poverty, the decolonization of energy, community energy planning, the role of energy systems modelling, and links between energy and climate change policy. Building on this foundation, they offer case studies that cover the North, the Atlantic region, Quebec, Ontario, Alberta and British Columbia, along with crucial but difficult to decarbonize sectors like transportation and space heating. Running throughout this comprehensive discussion is a common thread: the importance of paying attention to wider sustainability goals and distributional justice in the process of decarbonizing the Canadian economy.

Energy Policy Modeling: United States and Canadian Experiences

Energy Policy Modeling: United States and Canadian Experiences PDF Author: William T. Ziemba
Publisher: Springer
ISBN: 0898380316
Category : Business & Economics
Languages : en
Pages : 420

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Book Description
Alex Cowie As the twentieth century draws to a close, one of our greatest problems is the availability of energy. One way to study the energy problem is to resolve it into four areas; energy demand, energy sources, transportation of energy from sources to demand centers, and the optimal allocation of energy forms to demands. Each of these areas is extremely complex by itself. When efforts are made to tie them together, for example, to produce a National Policy, the complexities are compounded. Another way to study the energy problem, because of its political and so cial consequences, is to resolve it into geographical areas. Individual prov inces of Canada or states of the United States will have their concerns about energy within their geographical boundaries. As producer, consumer, or both, each wants to ensure an energy development program which will work to the maximum benefit of its citizens. Similarly, countries endeavor to pro tect their citizens and undertake energy policies that will assure either a con tinuation of the existing quality of life or - particularly in the case of "Third World" countries - a marked improvement in quality of life. These competing and conflicting goals call for a study which encompasses the whole world. Again, complexity is piled upon complexity. If the prob lem is not yet sufficiently complex, there is an equally complex question of the effect of energy production and use on the ecology.

A New Energy Vision for Canada

A New Energy Vision for Canada PDF Author: Tides Canada
Publisher:
ISBN:
Category :
Languages : en
Pages : 23

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Global Renewables Outlook: Energy Transformation 2050

Global Renewables Outlook: Energy Transformation 2050 PDF Author: International Renewable Energy Agency IRENA
Publisher: International Renewable Energy Agency (IRENA)
ISBN: 9292602500
Category : Technology & Engineering
Languages : en
Pages : 344

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Book Description
This outlook highlights climate-safe investment options until 2050, policies for transition and specific regional challenges. It also explores options to eventually cut emissions to zero.

Modeling the Value of Integrated Canadian and U.S. Power Sector Expansion

Modeling the Value of Integrated Canadian and U.S. Power Sector Expansion PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
The United States and Canada power systems are not isolated. Cross-border transmission and coordination of system operation create an interconnected power system, which results in combined imports and exports of electricity of greater than 70 TWh per year [1]. Currently, over 5 GW of new international transmission lines are in various stages of permitting and development. These lines may enable greater integration and coordination of the U.S. and Canada systems, which can in turn reduce challenges associated with integration of high penetrations of variable renewables. Furthermore, low-cost Canadian resources, such as wind and hydro, could contribute to compliance with the EPA's recently released Clean Power Plan. Improving integration and coordination internationally will reduce the costs of accessing these resources. This analysis work build on previous work by Ibanez and Zinaman [2]. In this work we seek to better understand the value of additional interconnection between the U.S. and Canadian power systems. Specifically, we quantify the value of additional interconnection and coordination within the Canadian-US integrated power system under scenarios in which large reductions (>80%) in power sector CO2 emissions are achieved. We explore how the ability to add additional cross-border transmission impacts capacity investment, the generation mix, system costs, and the ability of the system to integrate variable renewable energy into the power system. This analysis uses the Regional Energy Deployment System (ReEDS) capacity expansion model [3], [4] to quantify the value of the integrated power system expansion of the United States and Canada. ReEDS is an optimization model that assesses the deployment and operation (including transmission) of the electricity sector of the contiguous United States and Canadian provinces from 2016 through 2050. It has the ability to model the integration of renewable energy technologies into the grid. ReEDS captures renewable energy resources through the use of 356 individual resource regions and 134 balancing areas across the U.S. and is able to handle renewable energy issues such as variability in wind and solar output, transmission costs and constraints, and ancillary services requirements.

Models for Energy Policy Analysis

Models for Energy Policy Analysis PDF Author: Kenneth D. Foat
Publisher: Calgary : Canadian Energy Research Institute
ISBN:
Category : Political Science
Languages : en
Pages : 144

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Book Description