Stochastic wind speed modelling for estimation of expected wind power output

Autor: Sydney Howell, Peter W. Duck, Angeliki Loukatou, Paul V. Johnson

Publikováno v: Applied Energy. 228:1328-1340

Increased wind energy penetration causes problems to the operation and system balancing of electric power systems. This in turn leads to the need for more detailed wind power modelling. The modelling and management of wind power involves two stages,

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::a7899f57400bc55124c7f8f4f622e650
https://doi.org/10.1016/j.apenergy.2018.06.117

Optimal valuation of wind energy projects co-located with battery storage

Autor: Angeliki Loukatou, Peter W. Duck, Paul V. Johnson, Sydney Howell

Publikováno v: Applied Energy. 283:116247

The electricity market in the UK has been reformed over recent years resulting in the introduction of ‘Contracts for Difference’ as an option for wind producers. They can use these contracts only if at the same time they enter into other market c

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::43082d0a39c03831bbe8a0133bc4d9e2
https://doi.org/10.1016/j.apenergy.2020.116247

Optimal costless extraction rate changes from a non-renewable resource

Autor: Paul V. Johnson, Peter W. Duck, Sydney Howell, G. W. Evatt

Publikováno v: European Journal of Applied Mathematics. 25:681-705

This paper considers the role of costless decisions relating to the extraction of a non-renewable resource in the presence of uncertainty. We begin by deriving a size scale of the extractable resource, above which the solution to the valuation and op

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::6598ff8dea8dc838985f147d241382b3
https://doi.org/10.1017/s0956792514000229

Joint economic and physical constraints on nuclear power: how much uranium would be needed to decarbonize electricity supply?

Autor: Sydney Howell, Peter W. Duck, G. W. Evatt, Paul V. Johnson, D Liu, G Butler, S Hall

Publikováno v: Liu, D, Butler, G, Hall, S, Johnson, P, Duck, P, Evatt, G & Howell, S 2012, ' Joint economic and physical constraints on nuclear power: How much uranium would be needed to decarbonize electricity supply? ', Proceedings of the Institution of Mechanical Engineers, Part A: Journal of Power and Energy, vol. 226, no. 3, pp. 350-371 . https://doi.org/10.1177/0957650912439158

A new uranium supply and usage analysis takes into account growth in physical demand for electricity, both before and after decarbonization. It also models the economic willingness of investors to build the required reactors as a profit-maximizing de

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::be54ced9b520a9770d89582d4e3c463f
https://doi.org/10.1177/0957650912439158

Modelling the number of customers as a birth and death process

Autor: Sydney Howell, Helena Pinto, Dean Paxson

Publikováno v: The European Journal of Finance. 15:105-118

Birth and death may be a better model than Brownian motion for many physical processes, which real options models will increasingly need to deal with. In this paper, we value a perpetual American call option, which gives the monopoly right to invest

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::c349cc74ee5fd755afa88e7c47372239
https://doi.org/10.1080/13518470802042021