Applied Operations Research and Financial Modelling in Energy: Practical Applications and Implications

by André B. Dorsman (Editor), Kazim Baris Atici (Editor), Aydin Ulucan (Editor), Mehmet Baha Karan (Editor)

Overview

This book on Applied Operations Research and Financial Modelling in Energy (AORFME) presents several applications of operations research (OR) and financial modelling. The contributions by a group of OR and Finance researchers focus on a variety of energy decisions, presenting a quantitative perspective, and providing policy implications of the proposed or applied methodologies.

The content is divided into three main parts: Applied OR I: Optimization Approaches, Applied OR II: Forecasting Approaches and Financial Modelling: Impacts of Energy Policies and Developments in Energy Markets. The book appeals to scholars in economics, finance and operations research, and to practitioners working in the energy sector.

This is the eighth volume in a series of books on energy organized by the Centre for Energy and Value Issues (CEVI). For this volume, CEVI collaborated with Hacettepe University’s Energy Markets Research and Application Center. The previous volumes in the series are: Financial Aspects in Energy (2011), Energy Economics and Financial Markets (2012), Perspectives on Energy Risk (2014), Energy Technology and Valuation Issues (2015), Energy and Finance (2016), Energy Economy, Finance and Geostrategy (2018), and Financial Implications of Regulations in the Energy Industry (2020).

Product Details

ISBN-13:	9783030849832
Publisher:	Springer International Publishing
Publication date:	10/14/2022
Edition description:	1st ed. 2021
Pages:	280
Product dimensions:	6.10(w) x 9.25(h) x (d)

About the Author

André Dorsman is the president of the Center for Energy and Value Issues (CEVI) and an advisor to several MSEs and local government.

Kazim Baris Atici is the director of Hacettepe University’s Energy Markets Research and Application Center (Turkey) and an associate professor of operations research at the university’s Department of Business Administration.

Aydin Ulucan is the head of Hacettepe University’s Quantitative Methods Division (Turkey) and a professor of operations research at the university’s Department of Business Administration.

Mehmet Baha Karan is a professor of finance at Hacettepe University (Turkey) and vice president of the Center for Energy and Value Issues (CEVI).

Table of Contents

Chapter 1. Introduction: Applied Operations Research and Financial Modeling in Energy (André Dorsman).- Chapter 2. Optimization Methods on Electricity Generation and Transmission Expansion Planning Problem (Mahdi Noorizadegan).- Chapter 3. Demand-Driven Electricity Supply Options of Electric Vehicles: Modelling, Simulation, and Management Strategy of Public Charging Stations (Elvin Coban).- Chapter 4. A Review on Smart Energy Management Systems in Microgrids Based On Power Generating and Environmental Costs (Özgür İcan).- Chapter 5. Measuring Efficiency and Productivity Change in the Turkish Electricity Distribution Sector (Yetkin Cinar).- Chapter 6. Price and Volatility Forecasting in Electricity with Support Vector Regression and Random Forest (Mahmut Kara).- Chapter 7. Forecasting the Hydro Inflow and Optimization of Virtual Power Plant Pricing (Sezer Cabuk).- Chapter 8. Comparing the Renewable Energy Technologies via Forecasting Approaches (Fazıl GÖKGÖZ).- Chapter 9. Valuing Energy Real Options with Regime Shifts (Turalay Kenc).- Chapter 10. Understanding the Electricity Switching Behavior of Industrial Consumers: An Empirical Study on an Emerging Market (Murside Erdogan).- Chapter 11. Does the market value clean innovation? Evidence from US listed firms (Antoine Dechezleprêtre).- Chapter 12. The power grid: from a technical to a finance issue. Who bears the financial risk? (André B. Dorsman en Kees van Montfort)