IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Sustainable energy systems: Role of optimization modeling techniques in power generation and supply—A review

Listed author(s):
  • Bazmi, Aqeel Ahmed
  • Zahedi, Gholamreza
Registered author(s):

    Electricity is conceivably the most multipurpose energy carrier in modern global economy, and therefore primarily linked to human and economic development. Energy sector reform is critical to sustainable energy development and includes reviewing and reforming subsidies, establishing credible regulatory frameworks, developing policy environments through regulatory interventions, and creating market-based approaches. Energy security has recently become an important policy driver and privatization of the electricity sector has secured energy supply and provided cheaper energy services in some countries in the short term, but has led to contrary effects elsewhere due to increasing competition, resulting in deferred investments in plant and infrastructure due to longer-term uncertainties. On the other hand global dependence on fossil fuels has led to the release of over 1100GtCO2 into the atmosphere since the mid-19th century. Currently, energy-related GHG emissions, mainly from fossil fuel combustion for heat supply, electricity generation and transport, account for around 70% of total emissions including carbon dioxide, methane and some traces of nitrous oxide. This multitude of aspects play a role in societal debate in comparing electricity generating and supply options, such as cost, GHG emissions, radiological and toxicological exposure, occupational health and safety, employment, domestic energy security, and social impressions. Energy systems engineering provides a methodological scientific framework to arrive at realistic integrated solutions to complex energy problems, by adopting a holistic, systems-based approach, especially at decision making and planning stage. Modeling and optimization found widespread applications in the study of physical and chemical systems, production planning and scheduling systems, location and transportation problems, resource allocation in financial systems, and engineering design. This article reviews the literature on power and supply sector developments and analyzes the role of modeling and optimization in this sector as well as the future prospective of optimization modeling as a tool for sustainable energy systems.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Article provided by Elsevier in its journal Renewable and Sustainable Energy Reviews.

    Volume (Year): 15 (2011)
    Issue (Month): 8 ()
    Pages: 3480-3500

    in new window

    Handle: RePEc:eee:rensus:v:15:y:2011:i:8:p:3480-3500
    DOI: 10.1016/j.rser.2011.05.003
    Contact details of provider: Web page:

    Order Information: Postal:

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

    in new window

    1. Joshi, Bharati & Bhatti, T.S. & Bansal, N.K., 1992. "Decentralized energy planning model for a typical village in India," Energy, Elsevier, vol. 17(9), pages 869-876.
    2. Chicco, Gianfranco & Mancarella, Pierluigi, 2009. "Distributed multi-generation: A comprehensive view," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(3), pages 535-551, April.
    3. Doukas, Haris & Karakosta, Charikleia & Psarras, John, 2009. "RES technology transfer within the new climate regime: A "helicopter" view under the CDM," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(5), pages 1138-1143, June.
    4. Yang, Hongxing & Wei, Zhou & Chengzhi, Lou, 2009. "Optimal design and techno-economic analysis of a hybrid solar-wind power generation system," Applied Energy, Elsevier, vol. 86(2), pages 163-169, February.
    5. Wang, Jiang-Jiang & Jing, You-Yin & Zhang, Chun-Fa, 2010. "Optimization of capacity and operation for CCHP system by genetic algorithm," Applied Energy, Elsevier, vol. 87(4), pages 1325-1335, April.
    6. ToksarI, M. Duran, 2009. "Estimating the net electricity energy generation and demand using the ant colony optimization approach: Case of Turkey," Energy Policy, Elsevier, vol. 37(3), pages 1181-1187, March.
    7. Atikol, U. & Güven, H., 2003. "Impact of cogeneration on integrated resource planning of Turkey," Energy, Elsevier, vol. 28(12), pages 1259-1277.
    8. Sharp, John A. & Price, David H. R., 1990. "Experience curve models in the electricity supply industry," International Journal of Forecasting, Elsevier, vol. 6(4), pages 531-540, December.
    9. Santarelli, M. & Pellegrino, D., 2005. "Mathematical optimization of a RES-H2 plant using a black box algorithm," Renewable Energy, Elsevier, vol. 30(4), pages 493-510.
    10. Kamel, Sami & Dahl, Carol, 2005. "The economics of hybrid power systems for sustainable desert agriculture in Egypt," Energy, Elsevier, vol. 30(8), pages 1271-1281.
    11. Mondol, Jayanta Deb & Yohanis, Yigzaw G & Norton, Brian, 2009. "Optimising the economic viability of grid-connected photovoltaic systems," Applied Energy, Elsevier, vol. 86(7-8), pages 985-999, July.
    12. Cao, Jiacong, 2009. "Evaluation of retrofitting gas-fired cooling and heating systems into BCHP using design optimization," Energy Policy, Elsevier, vol. 37(6), pages 2368-2374, June.
    13. Sumathi, S. & Chai, S.P. & Mohamed, A.R., 2008. "Utilization of oil palm as a source of renewable energy in Malaysia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(9), pages 2404-2421, December.
    14. Mahmoud, Marwan M. & Ibrik, Imad H., 2006. "Techno-economic feasibility of energy supply of remote villages in Palestine by PV-systems, diesel generators and electric grid," Renewable and Sustainable Energy Reviews, Elsevier, vol. 10(2), pages 128-138, April.
    15. Walker, Gordon, 2008. "Decentralised systems and fuel poverty: Are there any links or risks?," Energy Policy, Elsevier, vol. 36(12), pages 4514-4517, December.
    16. Kasseris, Emmanuel & Samaras, Zissis & Zafeiris, Dimitrios, 2007. "Optimization of a wind-power fuel-cell hybrid system in an autonomous electrical network environment," Renewable Energy, Elsevier, vol. 32(1), pages 57-79.
    17. Nouni, M.R. & Mullick, S.C. & Kandpal, T.C., 2008. "Providing electricity access to remote areas in India: An approach towards identifying potential areas for decentralized electricity supply," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(5), pages 1187-1220, June.
    18. Driver, David, 2008. "Making a material difference in energy," Energy Policy, Elsevier, vol. 36(12), pages 4302-4309, December.
    19. Azadeh, A. & Skandari, M.R. & Maleki-Shoja, B., 2010. "An integrated ant colony optimization approach to compare strategies of clearing market in electricity markets: Agent-based simulation," Energy Policy, Elsevier, vol. 38(10), pages 6307-6319, October.
    20. Nakata, Toshihiko & Kubo, Kazuo & Lamont, Alan, 2005. "Design for renewable energy systems with application to rural areas in Japan," Energy Policy, Elsevier, vol. 33(2), pages 209-219, January.
    21. Carlos, Romel M. & Khang, Do Ba, 2009. "A lifecycle-based success framework for grid-connected biomass energy projects," Renewable Energy, Elsevier, vol. 34(5), pages 1195-1203.
    22. Chen, Longjian & Xing, Li & Han, Lujia, 2009. "Renewable energy from agro-residues in China: Solid biofuels and biomass briquetting technology," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(9), pages 2689-2695, December.
    23. Fthenakis, Vasilis & Mason, James E. & Zweibel, Ken, 2009. "The technical, geographical, and economic feasibility for solar energy to supply the energy needs of the US," Energy Policy, Elsevier, vol. 37(2), pages 387-399, February.
    24. Zhao, H. & Holst, J. & Arvastson, L., 1998. "Optimal operation of coproduction with storage," Energy, Elsevier, vol. 23(10), pages 859-866.
    25. Ren, Hongbo & Gao, Weijun, 2010. "A MILP model for integrated plan and evaluation of distributed energy systems," Applied Energy, Elsevier, vol. 87(3), pages 1001-1014, March.
    26. Rong, Aiying & Lahdelma, Risto, 2007. "An effective heuristic for combined heat-and-power production planning with power ramp constraints," Applied Energy, Elsevier, vol. 84(3), pages 307-325, March.
    27. Foley, A.M. & Ó Gallachóir, B.P. & Hur, J. & Baldick, R. & McKeogh, E.J., 2010. "A strategic review of electricity systems models," Energy, Elsevier, vol. 35(12), pages 4522-4530.
    28. Niknam, Taher & Firouzi, Bahman Bahmani & Ostadi, Amir, 2010. "A new fuzzy adaptive particle swarm optimization for daily Volt/Var control in distribution networks considering distributed generators," Applied Energy, Elsevier, vol. 87(6), pages 1919-1928, June.
    29. Kosnik, Lea, 2010. "The potential for small scale hydropower development in the US," Energy Policy, Elsevier, vol. 38(10), pages 5512-5519, October.
    30. Oliver, Tony, 2008. "Clean fossil-fuelled power generation," Energy Policy, Elsevier, vol. 36(12), pages 4310-4316, December.
    31. Chan, Pang & Hui, Chi-Wai & Li, Wenkai & Sakamoto, Haruo & Hirata, Kentaro & Li, Pu, 2006. "Long-term electricity contract optimization with demand uncertainties," Energy, Elsevier, vol. 31(13), pages 2469-2485.
    32. Chen, Falin & Lu, Shyi-Min & Wang, Eric & Tseng, Kuo-Tung, 2010. "Renewable energy in Taiwan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(7), pages 2029-2038, September.
    33. Neij, Lena, 2008. "Cost development of future technologies for power generation--A study based on experience curves and complementary bottom-up assessments," Energy Policy, Elsevier, vol. 36(6), pages 2200-2211, June.
    34. Ravindranath, N. H. & Hall, D. O., 1995. "Biomass, Energy, and Environment: A Developing Country Perspective from India," OUP Catalogue, Oxford University Press, number 9780198564362.
    35. Othman, M.R. & Martunus & Zakaria, R. & Fernando, W.J.N., 2009. "Strategic planning on carbon capture from coal fired plants in Malaysia and Indonesia: A review," Energy Policy, Elsevier, vol. 37(5), pages 1718-1735, May.
    36. Ge, Y.T. & Tassou, S.A. & Chaer, I. & Suguartha, N., 2009. "Performance evaluation of a tri-generation system with simulation and experiment," Applied Energy, Elsevier, vol. 86(11), pages 2317-2326, November.
    37. Olsina, Fernando & Garces, Francisco & Haubrich, H.-J., 2006. "Modeling long-term dynamics of electricity markets," Energy Policy, Elsevier, vol. 34(12), pages 1411-1433, August.
    38. Krewitt, Wolfram, 2002. "External costs of energy--do the answers match the questions?: Looking back at 10 years of ExternE," Energy Policy, Elsevier, vol. 30(10), pages 839-848, August.
    39. Khaliq, Abdul & Kumar, Rajesh, 2005. "Finite-time heat-transfer analysis and ecological optimization of an endoreversible and regenerative gas-turbine power-cycle," Applied Energy, Elsevier, vol. 81(1), pages 73-84, May.
    40. Yeh, Sonia & Rubin, Edward S., 2007. "A centurial history of technological change and learning curves for pulverized coal-fired utility boilers," Energy, Elsevier, vol. 32(10), pages 1996-2005.
    41. Rofiqul Islam, M. & Rabiul Islam, M. & Rafiqul Alam Beg, M., 2008. "Renewable energy resources and technologies practice in Bangladesh," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(2), pages 299-343, February.
    42. Zoulias, E.I. & Lymberopoulos, N., 2007. "Techno-economic analysis of the integration of hydrogen energy technologies in renewable energy-based stand-alone power systems," Renewable Energy, Elsevier, vol. 32(4), pages 680-696.
    43. Nguyen, Nhan T. & Ha-Duong, Minh, 2009. "Economic potential of renewable energy in Vietnam's power sector," Energy Policy, Elsevier, vol. 37(5), pages 1601-1613, May.
    44. Arcuri, P. & Florio, G. & Fragiacomo, P., 2007. "A mixed integer programming model for optimal design of trigeneration in a hospital complex," Energy, Elsevier, vol. 32(8), pages 1430-1447.
    45. Wang, Jiang-Jiang & Jing, You-Yin & Zhang, Chun-Fa & Zhang, Xu-Tao & Shi, Guo-Hua, 2008. "Integrated evaluation of distributed triple-generation systems using improved grey incidence approach," Energy, Elsevier, vol. 33(9), pages 1427-1437.
    46. Omer, Abdeen Mustafa, 2007. "Renewable energy resources for electricity generation in Sudan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 11(7), pages 1481-1497, September.
    47. Bernal-Agustín, José L. & Dufo-López, Rodolfo, 2006. "Economical and environmental analysis of grid connected photovoltaic systems in Spain," Renewable Energy, Elsevier, vol. 31(8), pages 1107-1128.
    48. Tsoutsos, Theocharis & Gekas, Vasilis & Marketaki, Katerina, 2003. "Technical and economical evaluation of solar thermal power generation," Renewable Energy, Elsevier, vol. 28(6), pages 873-886.
    49. Rong, Aiying & Lahdelma, Risto, 2005. "An efficient linear programming model and optimization algorithm for trigeneration," Applied Energy, Elsevier, vol. 82(1), pages 40-63, September.
    50. Gomis-Bellmunt, Oriol & Junyent-Ferré, Adrià & Sumper, Andreas & Galceran-Arellano, Samuel, 2010. "Maximum generation power evaluation of variable frequency offshore wind farms when connected to a single power converter," Applied Energy, Elsevier, vol. 87(10), pages 3103-3109, October.
    51. Zeng, Xianyang & Ma, Yitai & Ma, Lirong, 2007. "Utilization of straw in biomass energy in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 11(5), pages 976-987, June.
    52. Henning, Dag & Amiri, Shahnaz & Holmgren, Kristina, 2006. "Modelling and optimisation of electricity, steam and district heating production for a local Swedish utility," European Journal of Operational Research, Elsevier, vol. 175(2), pages 1224-1247, December.
    53. Purohit, Pallav & Michaelowa, Axel, 2007. "CDM potential of bagasse cogeneration in India," Energy Policy, Elsevier, vol. 35(10), pages 4779-4798, October.
    54. Clifton, Julian & Boruff, Bryan J., 2010. "Assessing the potential for concentrated solar power development in rural Australia," Energy Policy, Elsevier, vol. 38(9), pages 5272-5280, September.
    55. Ro, K & Rahman, S, 2003. "Control of grid-connected fuel cell plants for enhancement of power system stability," Renewable Energy, Elsevier, vol. 28(3), pages 397-407.
    56. Calds, N. & Varela, M. & Santamara, M. & Sez, R., 2009. "Economic impact of solar thermal electricity deployment in Spain," Energy Policy, Elsevier, vol. 37(5), pages 1628-1636, May.
    57. Himri, Y. & Malik, Arif S. & Boudghene Stambouli, A. & Himri, S. & Draoui, B., 2009. "Review and use of the Algerian renewable energy for sustainable development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(6-7), pages 1584-1591, August.
    58. Ventosa, Mariano & Baillo, Alvaro & Ramos, Andres & Rivier, Michel, 2005. "Electricity market modeling trends," Energy Policy, Elsevier, vol. 33(7), pages 897-913, May.
    59. Thorin, Eva & Brand, Heike & Weber, Christoph, 2005. "Long-term optimization of cogeneration systems in a competitive market environment," Applied Energy, Elsevier, vol. 81(2), pages 152-169, June.
    60. Uran, V., 2006. "Optimization system for combined heat and electricity production in the wood-processing industry," Energy, Elsevier, vol. 31(14), pages 2996-3016.
    61. Adhikari, S. & Mithulananthan, N. & Dutta, A. & Mathias, A.J., 2008. "Potential of sustainable energy technologies under CDM in Thailand: Opportunities and barriers," Renewable Energy, Elsevier, vol. 33(9), pages 2122-2133.
    62. Sayyaadi, Hoseyn, 2009. "Multi-objective approach in thermoenvironomic optimization of a benchmark cogeneration system," Applied Energy, Elsevier, vol. 86(6), pages 867-879, June.
    63. Bunn, Derek W. & Day, Christopher J., 2009. "Computational modelling of price formation in the electricity pool of England and Wales," Journal of Economic Dynamics and Control, Elsevier, vol. 33(2), pages 363-376, February.
    64. Kumar, Ashwani & Kumar, Kapil & Kaushik, Naresh & Sharma, Satyawati & Mishra, Saroj, 2010. "Renewable energy in India: Current status and future potentials," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(8), pages 2434-2442, October.
    65. Purohit, Ishan & Purohit, Pallav, 2010. "Techno-economic evaluation of concentrating solar power generation in India," Energy Policy, Elsevier, vol. 38(6), pages 3015-3029, June.
    66. Kishore, V. V. N. & Bhandari, Preety M. & Gupta, Pratul, 2004. "Biomass energy technologies for rural infrastructure and village power--opportunities and challenges in the context of global climate change concerns," Energy Policy, Elsevier, vol. 32(6), pages 801-810, April.
    67. Kaldellis, J.K., 2003. "Feasibility evaluation of Greek State 1990–2001 wind energy program," Energy, Elsevier, vol. 28(14), pages 1375-1394.
    68. Gulli, Francesco, 2006. "Small distributed generation versus centralised supply: a social cost-benefit analysis in the residential and service sectors," Energy Policy, Elsevier, vol. 34(7), pages 804-832, May.
    69. Wang, Jiangjiang & Zhai, Zhiqiang (John) & Jing, Youyin & Zhang, Chunfa, 2010. "Particle swarm optimization for redundant building cooling heating and power system," Applied Energy, Elsevier, vol. 87(12), pages 3668-3679, December.
    70. Khan, M.J. & Iqbal, M.T., 2005. "Pre-feasibility study of stand-alone hybrid energy systems for applications in Newfoundland," Renewable Energy, Elsevier, vol. 30(6), pages 835-854.
    71. Eltawil, Mohamed A. & Zhao, Zhengming, 2010. "Grid-connected photovoltaic power systems: Technical and potential problems--A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(1), pages 112-129, January.
    72. Chen, Falin & Lu, Shyi-Min & Tseng, Kuo-Tung & Lee, Si-Chen & Wang, Eric, 2010. "Assessment of renewable energy reserves in Taiwan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(9), pages 2511-2528, December.
    73. Lindenberger, Dietmar & Bruckner, Thomas & Morrison, Robbie & Groscurth, Helmuth-M. & Kümmel, Reiner, 2004. "Modernization of local energy systems," Energy, Elsevier, vol. 29(2), pages 245-256.
    74. Cai, W.G. & Wu, Y. & Zhong, Y. & Ren, H., 2009. "China building energy consumption: Situation, challenges and corresponding measures," Energy Policy, Elsevier, vol. 37(6), pages 2054-2059, June.
    75. Ghobadian, Barat & Najafi, Gholamhassan & Rahimi, Hadi & Yusaf, T.F., 2009. "Future of renewable energies in Iran," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(3), pages 689-695, April.
    76. Cansino, José M. & Pablo-Romero, María del P. & Román, Rocío & Yñiguez, Rocío, 2010. "Tax incentives to promote green electricity: An overview of EU-27 countries," Energy Policy, Elsevier, vol. 38(10), pages 6000-6008, October.
    77. Hoogwijk, Monique & de Vries, Bert & Turkenburg, Wim, 2004. "Assessment of the global and regional geographical, technical and economic potential of onshore wind energy," Energy Economics, Elsevier, vol. 26(5), pages 889-919, September.
    78. Sidrach-de-Cardona, M. & López, Ll.Mora, 1998. "Evaluation of a grid-connected photovoltaic system in southern Spain," Renewable Energy, Elsevier, vol. 15(1), pages 527-530.
    79. Erdogdu, Erkan, 2007. "Electricity demand analysis using cointegration and ARIMA modelling: A case study of Turkey," Energy Policy, Elsevier, vol. 35(2), pages 1129-1146, February.
    80. Badcock, Jeremy & Lenzen, Manfred, 2010. "Subsidies for electricity-generating technologies: A review," Energy Policy, Elsevier, vol. 38(9), pages 5038-5047, September.
    81. Wang, Jiang-Jiang & Jing, You-Yin & Zhang, Chun-Fa & Shi, Guo-Hua & Zhang, Xu-Tao, 2008. "A fuzzy multi-criteria decision-making model for trigeneration system," Energy Policy, Elsevier, vol. 36(10), pages 3823-3832, October.
    82. Asif, M., 2009. "Sustainable energy options for Pakistan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(4), pages 903-909, May.
    83. Purohit, Pallav, 2008. "Small hydro power projects under clean development mechanism in India: A preliminary assessment," Energy Policy, Elsevier, vol. 36(6), pages 2000-2015, June.
    84. Iglinski, Bartlomiej & Kujawski, Wojciech & Buczkowski, Roman & Cichosz, Marcin, 2010. "Renewable energy in the Kujawsko-Pomorskie Voivodeship (Poland)," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(4), pages 1336-1341, May.
    85. Salas, V. & Olías, E., 2009. "Overview of the state of technique for PV inverters used in low voltage grid-connected PV systems: Inverters below 10Â kW," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(6-7), pages 1541-1550, August.
    86. Kosnik, Lea, 2008. "The potential of water power in the fight against global warming in the US," Energy Policy, Elsevier, vol. 36(9), pages 3252-3265, September.
    87. Egre, Dominique & Milewski, Joseph C., 2002. "The diversity of hydropower projects," Energy Policy, Elsevier, vol. 30(14), pages 1225-1230, November.
    88. Mueller, Markus & Wallace, Robin, 2008. "Enabling science and technology for marine renewable energy," Energy Policy, Elsevier, vol. 36(12), pages 4376-4382, December.
    89. Bolinger, Mark & Wiser, Ryan, 2009. "Wind power price trends in the United States: Struggling to remain competitive in the face of strong growth," Energy Policy, Elsevier, vol. 37(3), pages 1061-1071, March.
    90. Chwieduk, Dorota, 2003. "Towards sustainable-energy buildings," Applied Energy, Elsevier, vol. 76(1-3), pages 211-217, September.
    91. Jebaraj, S. & Iniyan, S., 2006. "A review of energy models," Renewable and Sustainable Energy Reviews, Elsevier, vol. 10(4), pages 281-311, August.
    92. Cayer, Emmanuel & Galanis, Nicolas & Nesreddine, Hakim, 2010. "Parametric study and optimization of a transcritical power cycle using a low temperature source," Applied Energy, Elsevier, vol. 87(4), pages 1349-1357, April.
    93. Hiremath, R.B. & Shikha, S. & Ravindranath, N.H., 2007. "Decentralized energy planning; modeling and application--a review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 11(5), pages 729-752, June.
    94. Rong, Aiying & Lahdelma, Risto & Luh, Peter B., 2008. "Lagrangian relaxation based algorithm for trigeneration planning with storages," European Journal of Operational Research, Elsevier, vol. 188(1), pages 240-257, July.
    95. Sheikh, Munawar A., 2010. "Energy and renewable energy scenario of Pakistan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(1), pages 354-363, January.
    96. Bilgen, Selçuk & Keles, Sedat & Kaygusuz, Abdullah & SarI, Ahmet & Kaygusuz, Kamil, 2008. "Global warming and renewable energy sources for sustainable development: A case study in Turkey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(2), pages 372-396, February.
    97. Imroz Sohel, M. & Sellier, Mathieu & Brackney, Larry J. & Krumdieck, Susan, 2009. "Efficiency improvement for geothermal power generation to meet summer peak demand," Energy Policy, Elsevier, vol. 37(9), pages 3370-3376, September.
    98. Malo, Pekka, 2009. "Modeling electricity spot and futures price dependence: A multifrequency approach," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 388(22), pages 4763-4779.
    99. Ackermann, Thomas & Garner, Karen & Gardiner, Alister, 1999. "Embedded wind generation in weak grids—economic optimisation and power quality simulation," Renewable Energy, Elsevier, vol. 18(2), pages 205-221.
    100. Chen, Chao & Rubin, Edward S., 2009. "CO2 control technology effects on IGCC plant performance and cost," Energy Policy, Elsevier, vol. 37(3), pages 915-924, March.
    101. Fernández-Infantes, Alberto & Contreras, Javier & Bernal-Agustín, José L., 2006. "Design of grid connected PV systems considering electrical, economical and environmental aspects: A practical case," Renewable Energy, Elsevier, vol. 31(13), pages 2042-2062.
    102. Chakrabarti, Snigdha & Chakrabarti, Subhendu, 2002. "Rural electrification programme with solar energy in remote region-a case study in an island," Energy Policy, Elsevier, vol. 30(1), pages 33-42, January.
    103. Chang, J. & Leung, Dennis Y. C. & Wu, C. Z. & Yuan, Z. H., 2003. "A review on the energy production, consumption, and prospect of renewable energy in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 7(5), pages 453-468, October.
    104. Rubin, Edward S. & Chen, Chao & Rao, Anand B., 2007. "Cost and performance of fossil fuel power plants with CO2 capture and storage," Energy Policy, Elsevier, vol. 35(9), pages 4444-4454, September.
    105. Abrar Inayat & Murni M. Ahmad & Suzana Yusup & Mohamed Ibrahim Abdul Mutalib, 2010. "Biomass Steam Gasification with In-Situ CO2 Capture for Enriched Hydrogen Gas Production: A Reaction Kinetics Modelling Approach," Energies, MDPI, Open Access Journal, vol. 3(8), pages 1-13, August.
    106. Boccard, Nicolas, 2010. "Economic properties of wind power: A European assessment," Energy Policy, Elsevier, vol. 38(7), pages 3232-3244, July.
    107. Möst, Dominik & Keles, Dogan, 2010. "A survey of stochastic modelling approaches for liberalised electricity markets," European Journal of Operational Research, Elsevier, vol. 207(2), pages 543-556, December.
    108. Gokcol, Cihan & Dursun, Bahtiyar & Alboyaci, Bora & Sunan, Erkan, 2009. "Importance of biomass energy as alternative to other sources in Turkey," Energy Policy, Elsevier, vol. 37(2), pages 424-431, February.
    109. K Hossain, A & Badr, O, 2007. "Prospects of renewable energy utilisation for electricity generation in Bangladesh," Renewable and Sustainable Energy Reviews, Elsevier, vol. 11(8), pages 1617-1649, October.
    110. DeCarolis, Joseph F. & Keith, David W., 2006. "The economics of large-scale wind power in a carbon constrained world," Energy Policy, Elsevier, vol. 34(4), pages 395-410, March.
    111. Kolhe, Mohanlal & Kolhe, Sunita & Joshi, J. C., 2002. "Economic viability of stand-alone solar photovoltaic system in comparison with diesel-powered system for India," Energy Economics, Elsevier, vol. 24(2), pages 155-165, March.
    112. Jing, Li & Gang, Pei & Jie, Ji, 2010. "Optimization of low temperature solar thermal electric generation with Organic Rankine Cycle in different areas," Applied Energy, Elsevier, vol. 87(11), pages 3355-3365, November.
    113. Bazmi, Aqeel Ahmed & Zahedi, Gholamreza & Hashim, Haslenda, 2011. "Progress and challenges in utilization of palm oil biomass as fuel for decentralized electricity generation," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(1), pages 574-583, January.
    114. Bugaje, I.M., 2006. "Renewable energy for sustainable development in Africa: a review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 10(6), pages 603-612, December.
    115. Chicco, Gianfranco & Mancarella, Pierluigi, 2009. "Matrix modelling of small-scale trigeneration systems and application to operational optimization," Energy, Elsevier, vol. 34(3), pages 261-273.
    116. Hansson, Julia & Berndes, Gran & Johnsson, Filip & Kjrstad, Jan, 2009. "Co-firing biomass with coal for electricity generation--An assessment of the potential in EU27," Energy Policy, Elsevier, vol. 37(4), pages 1444-1455, April.
    117. Cho, Heejin & Mago, Pedro J. & Luck, Rogelio & Chamra, Louay M., 2009. "Evaluation of CCHP systems performance based on operational cost, primary energy consumption, and carbon dioxide emission by utilizing an optimal operation scheme," Applied Energy, Elsevier, vol. 86(12), pages 2540-2549, December.
    118. Mirza, Umar K. & Ahmad, Nasir & Majeed, Tariq, 2008. "An overview of biomass energy utilization in Pakistan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(7), pages 1988-1996, September.
    119. Thirugnanasambandam, Mirunalini & Iniyan, S. & Goic, Ranko, 2010. "A review of solar thermal technologies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(1), pages 312-322, January.
    120. Wang, Jiangfeng & Sun, Zhixin & Dai, Yiping & Ma, Shaolin, 2010. "Parametric optimization design for supercritical CO2 power cycle using genetic algorithm and artificial neural network," Applied Energy, Elsevier, vol. 87(4), pages 1317-1324, April.
    121. Paska, J. & Salek, M. & Surma, T., 2009. "Current status and perspectives of renewable energy sources in Poland," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(1), pages 142-154, January.
    122. Benth, Fred Espen & Koekebakker, Steen, 2008. "Stochastic modeling of financial electricity contracts," Energy Economics, Elsevier, vol. 30(3), pages 1116-1157, May.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:eee:rensus:v:15:y:2011:i:8:p:3480-3500. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.