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Full-Text Articles in Engineering
Bidding Strategy For A Wind Power Producer In Us Energy And Reserve Markets, Anne Stratman
Bidding Strategy For A Wind Power Producer In Us Energy And Reserve Markets, Anne Stratman
Department of Electrical and Computer Engineering: Dissertations, Theses, and Student Research
Wind power is one of the world's fastest-growing renewable energy resources and has expanded quickly within the US electric grid. Currently, wind power producers (WPPs) may sell energy products in US markets but are not allowed to sell reserve products, due to the uncertain and intermittent nature of wind power. However, as wind’s share of the power supply grows, it may eventually be necessary for WPPs to contribute to system-wide reserves. This paper proposes a stochastic optimization model to determine the optimal offer strategy for a WPP that participates in the day-ahead and real-time energy and spinning reserve markets. The …
Will Saf Turbocharge The Corn Ethanol Market?, Richard Perrin, Lilyan Fulginiti, Felipe Miranda De Souza Almeida
Will Saf Turbocharge The Corn Ethanol Market?, Richard Perrin, Lilyan Fulginiti, Felipe Miranda De Souza Almeida
Cornhusker Economics
The long-run outlook for the corn ethanol industry is questionable, due to a transition to electric and hybrid vehicles. One source of hope for the long run is the potential demand for producing Sustainable Aviation Fuel (SAF). SAF is a key component in the United States Aviation Climate Action Plan, a path to net-zero greenhouse gas (GHG) emissions in the aviation industry by 2050. Demand for ethanol for SAF offers hope to the ethanol industry, but it depends a great deal on policy decisions that are being made now. Here we sketch out this story.
Based on the information available …