Showing papers on "Energy market published in 1991"
01 Jan 1991
TL;DR: In this article, the authors describe the evolution of a decision support system for reservoir and energy management at Manitoba Hydro, which is used to integrate flow forecasts, power demand forecasts, export and import energy market forecasts and system maintenance in making operating decisions.
Abstract: This paper describes the evolution of a decision support system for reservoir and energy management at Manitoba Hydro. Operations of the Manitoba Hydro system include scheduling reservoir releases from 13 reservoirs for generation at 13 hydropower plants, scheduling generation from three thermal generating stations, and scheduling the exports of surplus energy to, or the import of energy from, the neighboring utilities. The Reservoir and Energy Scheduling (RES) Engineer in the System Operations Department needs to integrate flow forecasts, power demand forecasts, export and import energy market forecasts and system maintenance in making operating decisions. Meeting these needs became the goal of the long-term development of a decision support system.
7 citations
TL;DR: The tenth annual meeting of the International Energy Workshop (IEW) was held IIASA as discussed by the authors, which included sessions on the forthcoming establishment of the common energy market in the European Community, the prospects for the development of the energy system in the economies of the former Soviet Union and Eastern Europe, and the global environment.
Abstract: The tenth annual meeting of the International Energy Workshop (IEW) was held IIASA. In addition to analyses of the IEW survey of expected crude oil prices, economic growth, primary energy consumption and production, and energy trade, this meeting featured sessions on the forthcoming establishment of the common energy market in the European Community, the prospects for the development of the energy system in the economies of the former Soviet Union and Eastern Europe, and the global environment.
This report is divided into three sections. The first section presents and analyzes the latest poll results. The next section reports on the papers presented at the IEW meeting. The final section briefly summarizes the proceedings of the special session held at the meeting.
6 citations
31 May 1991
3 citations
TL;DR: In this paper, the present importance of the former USSR in world energy markets was analyzed and a brief discussion on the prospects for Soviet energy export performance in the course of the transformation of the economy was carried out, and the likely development of production and consumption patterns after the economic and political reforms were successfully completed.
2 citations
TL;DR: In this article, a disaggregated model of the Eastern European energy markets is developed that accounts for the introduction markets (pricing) into the formerly central planned economies and investigates the consequences for world energy markets.
Abstract: The recent political changes will not only affect the domestic economies of the Eastern European countries but also important world commodity markets. This paper investigates the consequences for world energy markets. For this purpose, a disaggregated model of the Eastern European energy markets is developed that accounts for the introduction markets (‘pricing’) into the formerly central planned economies. Deregulation will stimulate conservation and will favour ‘noble’ fuels, i.e. oil, gas and electricity. (Potential) net energy exports will slightly increase by 1995 where gas exports could compensate for the decline in oil exports.
2 citations
TL;DR: In this paper, the authors summarized the rationale for an important development of the renewable energies in Europe and overseas and reviewed possible instruments and actions for the development and market introduction of various forms of renewable energies and the associated technologies.
Abstract: The paper summarizes the rationale for an important development of the renewable energies in Europe and overseas. Possible instruments and actions for the development and market introduction of various forms of renewable energies and the associated technologies are reviewed. The progressive introduction of renewable energies in the future energy market requires that they first achieve economic competitiveness. A wide range of renewable energies are already cost-competitive today. The case for the renewables becomes even stronger when the macro-economic benefits are considered. This justifies ambitious implementation goals in the range of 20% penetration of renewable energies in Europe's energy consumption withing 20 to 30 years from now Market introduction and development of renewable energies cannot be achieved solely with the conventional schemes currently employed for the existing product lines and conventional energy systems. New promotion schemes are reviewed among which an agressive R&D strategy wil...
01 Jan 1991
TL;DR: In this paper, surveys of opinions on the likely future behaviour of prices in energy markets serve a number of purposes, such as providing at the individual enterprise level confirmation or otherwise of internal forecasts on which investment decisions are made.
Abstract: Surveys of opinions on the likely future behaviour of prices in energy markets serve a number of purposes. They provide at the individual enterprise level confirmation or otherwise of internal forecasts on which investment decisions are made. Such investments have become increasingly problematical in recent years as public concern over environmental issues has grown. Again price forecasts are particularly important in an industry subject to substantial and effective changes in market behaviour and where time series analysis does not easily yield stable and predictable economic relationships. They also often supply a useful corrective to official views of the future which are used to justify intervention in energy markets on grounds of security or environmental concern.