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Modeling and Forecasting Electricity Demand - A Risk Management Perspective (Paperback, 2015 ed.) Loot Price: R1,653
Discovery Miles 16 530
Repayment Terms: R155 pm x 12*
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Modeling and Forecasting Electricity Demand - A Risk Management Perspective (Paperback, 2015 ed.): Kevin Berk

Modeling and Forecasting Electricity Demand - A Risk Management Perspective (Paperback, 2015 ed.)

Kevin Berk

Series: BestMasters

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Loot Price R1,653 Discovery Miles 16 530 | Repayment Terms: R155 pm x 12*

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The master thesis of Kevin Berk develops a stochastic model for the electricity demand of small and medium-sized companies that is flexible enough so that it can be used for various business sectors. The model incorporates the grid load as an exogenous factor and seasonalities on a daily, weekly and yearly basis. It is demonstrated how the model can be used e.g. for estimating the risk of retail contracts. The uncertainty of electricity demand is an important risk factor for customers as well as for utilities and retailers. As a consequence, forecasting electricity load and its risk is now an integral component of the risk management for all market participants.

General

Imprint: Springer Spektrum
Country of origin: Germany
Series: BestMasters
Release date: 2015
First published: 2015
Authors: Kevin Berk
Dimensions: 210 x 148 x 8mm (L x W x T)
Format: Paperback
Pages: 115
Edition: 2015 ed.
ISBN-13: 978-3-658-08668-8
Categories: Books > Science & Mathematics > Mathematics > Probability & statistics
Books > Professional & Technical > Energy technology & engineering > General
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LSN: 3-658-08668-8
Barcode: 9783658086688

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