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Full-Text Articles in Natural Resource Economics

Managing Risks Of Market Price Uncertainty For A Microgrid Operation, Sriram Raghavan Jan 2016

Managing Risks Of Market Price Uncertainty For A Microgrid Operation, Sriram Raghavan

Masters Theses

"After deregulation of electricity in the United States, the day-ahead and real-time markets allow load serving entities and generation companies to bid and purchase/sell energy under the supervision of the independent system operator (ISO). The electricity market prices are inherently uncertain, and can be highly volatile. The main objective of this thesis is to hedge against the risk from the uncertainty of the market prices when purchasing/selling energy from/to the market. The energy manager can also schedule distributed generators (DGs) and storage of the microgrid to meet the demand, in addition to energy transactions from the market. The risk measure …


Renewable Energy Transition: Dynamic Systems Analysis, Policy Scenarios, And Trade-Offs For The State Of Vermont, Christopher Ernest Clement Jan 2016

Renewable Energy Transition: Dynamic Systems Analysis, Policy Scenarios, And Trade-Offs For The State Of Vermont, Christopher Ernest Clement

Graduate College Dissertations and Theses

There is broad consensus that a transition to renewable energy and a low-carbon economy is crucial for future development and prosperity, yet there are differing perspectives on how such a transition should be achieved. The overarching goal of this dissertation, which is comprised of three interrelated studies, is to analyze and compare energy futures scenarios to achieve a renewable energy transition and low-carbon economy in the State of Vermont. In the first study, an analysis is presented of the role of energy pricing regimes and economic policy in the context of pursuing a renewable energy transition in the State of …