Watt’s Next? Leveraging Process Flexibility for Power Cost Optimization
Author
Abstract
Suggested Citation
DOI: 10.1007/s12599-024-00888-1
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Richard S J Tol, 2018.
"The Economic Impacts of Climate Change,"
Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 4-25.
- Richard S. J. Tol, 2010. "The Economic Impact of Climate Change," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 11(s1), pages 13-37, May.
- Tol, Richard S. J., 2008. "The Economic Impact of Climate Change," Papers WP255, Economic and Social Research Institute (ESRI).
- Richard S. J. Tol, 2015. "Economic impacts of climate change," Working Paper Series 7515, Department of Economics, University of Sussex Business School.
- Ruiz, Ruben & Maroto, Concepcion, 2005. "A comprehensive review and evaluation of permutation flowshop heuristics," European Journal of Operational Research, Elsevier, vol. 165(2), pages 479-494, September.
- Leinauer, Christina & Schott, Paul & Fridgen, Gilbert & Keller, Robert & Ollig, Philipp & Weibelzahl, Martin, 2022. "Obstacles to demand response: Why industrial companies do not adapt their power consumption to volatile power generation," Energy Policy, Elsevier, vol. 165(C).
- John Venable & Jan Pries-Heje & Richard Baskerville, 2016. "FEDS: a Framework for Evaluation in Design Science Research," European Journal of Information Systems, Taylor & Francis Journals, vol. 25(1), pages 77-89, January.
- Stefan Seidel & Jan Recker & Jan Brocke, 2012. "Green Business Process Management," Springer Books, in: Jan vom Brocke & Stefan Seidel & Jan Recker (ed.), Green Business Process Management, edition 127, pages 3-13, Springer.
- Lu, Renzhi & Li, Yi-Chang & Li, Yuting & Jiang, Junhui & Ding, Yuemin, 2020. "Multi-agent deep reinforcement learning based demand response for discrete manufacturing systems energy management," Applied Energy, Elsevier, vol. 276(C).
- Förster, Robert & Kaiser, Matthias & Wenninger, Simon, 2023. "Future vehicle energy supply - sustainable design and operation of hybrid hydrogen and electric microgrids," Applied Energy, Elsevier, vol. 334(C).
- Rusche, Simon & Weissflog., Jan & Wenninger, Simon & Häckel, Björn, 2023. "How flexible are energy flexibilities? Developing a flexibility score for revenue and risk analysis in industrial demand-side management," Applied Energy, Elsevier, vol. 345(C).
- Heffron, Raphael & Körner, Marc-Fabian & Wagner, Jonathan & Weibelzahl, Martin & Fridgen, Gilbert, 2020. "Industrial demand-side flexibility: A key element of a just energy transition and industrial development," Applied Energy, Elsevier, vol. 269(C).
- Maximilian Röglinger & Ralf Plattfaut & Vincent Borghoff & Georgi Kerpedzhiev & Jörg Becker & Daniel Beverungen & Jan Brocke & Amy Looy & Adela del-Río-Ortega & Stefanie Rinderle-Ma & Michael Rosemann, 2022. "Exogenous Shocks and Business Process Management," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 64(5), pages 669-687, October.
- Pape, Christian & Hagemann, Simon & Weber, Christoph, 2016. "Are fundamentals enough? Explaining price variations in the German day-ahead and intraday power market," Energy Economics, Elsevier, vol. 54(C), pages 376-387.
- Goutam Dutta & Krishnendranath Mitra, 2017. "A literature review on dynamic pricing of electricity," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 68(10), pages 1131-1145, October.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ranaboldo, M. & Aragüés-Peñalba, M. & Arica, E. & Bade, A. & Bullich-Massagué, E. & Burgio, A. & Caccamo, C. & Caprara, A. & Cimmino, D. & Domenech, B. & Donoso, I. & Fragapane, G. & González-Font-de-, 2024. "A comprehensive overview of industrial demand response status in Europe," Renewable and Sustainable Energy Reviews, Elsevier, vol. 203(C).
- Paola Lara Machado & Montijn Ven & Banu Aysolmaz & Oktay Turetken & Jan Brocke, 2024. "Navigating Business Model Redesign: The Compass Method for Identifying Changes to the Operating Model," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 66(5), pages 607-638, October.
- Rusche, Simon & Weissflog., Jan & Wenninger, Simon & Häckel, Björn, 2023. "How flexible are energy flexibilities? Developing a flexibility score for revenue and risk analysis in industrial demand-side management," Applied Energy, Elsevier, vol. 345(C).
- Golmohamadi, Hessam, 2022. "Demand-side management in industrial sector: A review of heavy industries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 156(C).
- Förster, Robert & Harding, Sebastian & Buhl, Hans Ulrich, 2024. "Unleashing the economic and ecological potential of energy flexibility: Attractiveness of real-time electricity tariffs in energy crises," Energy Policy, Elsevier, vol. 185(C).
- Roksana Yasmin & B. M. Ruhul Amin & Rakibuzzaman Shah & Andrew Barton, 2024. "A Survey of Commercial and Industrial Demand Response Flexibility with Energy Storage Systems and Renewable Energy," Sustainability, MDPI, vol. 16(2), pages 1-41, January.
- Yong, Jin Yi & Tan, Wen Shan & Khorasany, Mohsen & Razzaghi, Reza, 2023. "Electric vehicles destination charging: An overview of charging tariffs, business models and coordination strategies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 184(C).
- Joaquín Bernal-Ramírez & Jair Ojeda-Joya & Camila Agudelo-Rivera & Felipe Clavijo-Ramírez & Carolina Durana-Ángel & Clark Granger-Castaño & Daniel Osorio-Rodríguez & Daniel Parra-Amado & José Pulido &, 2022.
"Impacto macroeconómico del cambio climático en Colombia,"
Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, issue 102, pages 1-62, July.
- Joaquín Bernal-Ramírez & Jair Ojeda-Joya & Camila Agudelo-Rivera & Felipe Clavijo-Ramírez & Carolina Durana-Ángel & Clark Granger-Castaño & Daniel Osorio-Rodríguez & Daniel Parra-Amado, 2022. "Impacto macroeconómico del cambio climático en Colombia," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, issue 102, pages 1-62, July.
- Dinar, Ariel, 2012. "Economy-wide implications of direct and indirect policy interventions in the water sector: lessons from recent work and future research needs," Policy Research Working Paper Series 6068, The World Bank.
- Mehravaran, Yasaman & Logendran, Rasaratnam, 2012. "Non-permutation flowshop scheduling in a supply chain with sequence-dependent setup times," International Journal of Production Economics, Elsevier, vol. 135(2), pages 953-963.
- Łukasz Jarosław Kozar & Robert Matusiak & Marta Paduszyńska & Adam Sulich, 2022. "Green Jobs in the EU Renewable Energy Sector: Quantile Regression Approach," Energies, MDPI, vol. 15(18), pages 1-21, September.
- Sassi, Maria & Cardaci, Alberto, 2013. "Impact of rainfall pattern on cereal market and food security in Sudan: Stochastic approach and CGE model," Food Policy, Elsevier, vol. 43(C), pages 321-331.
- Guo, Jiaqi & Wang, Qiang & Li, Rongrong, 2024. "Can official development assistance promote renewable energy in sub-Saharan Africa countries? A matter of institutional transparency of recipient countries," Energy Policy, Elsevier, vol. 186(C).
- Nicolas Taconet & Aurélie Méjean & Céline Guivarch, 2020.
"Influence of climate change impacts and mitigation costs on inequality between countries,"
Climatic Change, Springer, vol. 160(1), pages 15-34, May.
- Nicolas Taconet & Aurélie Méjean & Céline Guivarch, 2020. "Influence of climate change impacts and mitigation costs on inequality between countries," Post-Print hal-02500116, HAL.
- Rintamäki, Tuomas & Siddiqui, Afzal S. & Salo, Ahti, 2020. "Strategic offering of a flexible producer in day-ahead and intraday power markets," European Journal of Operational Research, Elsevier, vol. 284(3), pages 1136-1153.
- Christopher Kath & Florian Ziel, 2018. "The value of forecasts: Quantifying the economic gains of accurate quarter-hourly electricity price forecasts," Papers 1811.08604, arXiv.org.
- Pindyck, Robert S., 2012.
"Uncertain outcomes and climate change policy,"
Journal of Environmental Economics and Management, Elsevier, vol. 63(3), pages 289-303.
- Robert S. Pindyck, 2009. "Uncertain Outcomes and Climate Change Policy," Working Papers 0907, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
- Robert S. Pindyck, 2009. "Uncertain Outcomes and Climate Change Policy," NBER Working Papers 15259, National Bureau of Economic Research, Inc.
- Raffaele Fabio Ciriello & Alexandra Cecilie Gjøl Torbensen & Magnus Rotvit Perlt Hansen & Christoph Müller-Bloch, 2023. "Blockchain-based digital rights management systems: Design principles for the music industry," Electronic Markets, Springer;IIM University of St. Gallen, vol. 33(1), pages 1-21, December.
- Helena Fornwagner & Oliver P. Hauser, 2022.
"Climate Action for (My) Children,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 81(1), pages 95-130, January.
- Helena Fornwagner & Oliver P. Hauser, 2020. "Climate action for (my) children," Working Papers 2020-23, Faculty of Economics and Statistics, Universität Innsbruck.
- Gilles Dufrénot & William Ginn & Marc Pourroy, 2023. "ENSO Climate Patterns on Global Economic Conditions," Working Papers hal-04064759, HAL.
More about this item
Keywords
Process mining; Prescriptive process monitoring; Energy flexibility; Demand side management;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:binfse:v:66:y:2024:i:5:d:10.1007_s12599-024-00888-1. See general information about how to correct material in RePEc.
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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.