Endüstri Mühendisliği Bölümü Koleksiyonu

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Browsing Endüstri Mühendisliği Bölümü Koleksiyonu by Journal "2013 10th International Conference on the European Energy Market (EEM)"

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    Electricity Market Equilibrium Models With Dynamic Demand Functions
    (2013) Çelebi, Emre; 01. Kadir Has University
    Many electricity market models have either mostly ignored the demand response to changing prices (e.g. day-ahead models with mostly fixed demand) or at the other extreme they assumed that the full demand response occurred within one hour. Moreover the capital stock adjustment and the forward-looking nature of consumers are usually omitted. In this paper we propose variational inequality models for electricity markets with dynamic demand models where the intertemporal nature of consumption (i.e. the current consumption decision affects capital stock/habits and thus the future preferences and demand) is recognized. It is intended that the proposed models would develop a framework for electricity market equilibrium models that incorporate the dynamics of the demand side. © 2013 IEEE.
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    Turkey - Romania Subsea Transmission Cable Investment: Time for Reconsideration?
    (2013) Guler, Burak; Fuller, David J.; Çelebi, Emre; Nathwani, Jatin S.; 01. Kadir Has University
    Transmission investment is important for integrating electricity markets operated by different countries/transmission system operators (TSOs). Turkey and Romania have proposed a transmission cable linking the transmission network between two countries under the Black Sea but this investment has been found infeasible due to the insufficient technical and financial benefits to the countries/TSOs. Now there may be a case for revisiting this project given emerging national and global policy frameworks leading to a 'shadow price' for carbon requiring decision analysis for investments to be guided by an explicit accounting of carbon-constraints. We propose a method that estimates the overall net benefit investing in this project by evaluating the project from the following perspectives: (1) economics where the energy resources of both countries are better utilized by evaluating the electricity supply and demand of each country (2) financial where the additional access to European electricity markets brings more trades in when the two promising markets are physically coupled (3) environmental where the effect of emission constraints are introduced. © 2013 IEEE.