A risk based approach for trading renewable electricity

Eskandari Torbaghan, Mehran (2016). A risk based approach for trading renewable electricity. University of Birmingham. Ph.D.

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Abstract

Growing energy demand and climate change due to increasing CO2 emissions are two major global issues. The development of Supergrids, which involves connecting national energy supply grids together via interconnections, has been proposed as a measure to overcome these challenges. Supergrids arguably aid the implementation of other measures such as managing demand and development of renewable sources of energy, whilst it has its own benefits, perhaps, the most important one being its economic efficiency in comparison with generating electricity.
A key challenge for developing Supergrids is finding the most suitable countries with which to make an interconnection. This doctoral research aims to develop a risk-based theoretical framework for selecting the most appropriate country (ies) with which to make grid interconnections and trade renewable electricity. Quantitative risk analysis technique is used to compare candidate countries by taking into the account the various risks associated with the construction and maintenance of interconnections. The risks include: social, technical, economic, environment and political aspects.
The framework is demonstrated using the UK as a case study.

Type of Work: Thesis (Doctorates > Ph.D.)
Award Type: Doctorates > Ph.D.
Supervisor(s):
Supervisor(s)EmailORCID
Burrow, MichaelUNSPECIFIEDUNSPECIFIED
Hunt, DexterUNSPECIFIEDUNSPECIFIED
Licence:
College/Faculty: Colleges (2008 onwards) > College of Engineering & Physical Sciences
School or Department: School of Engineering, Department of Civil Engineering
Funders: Other
Other Funders: The University of Birmingham
Subjects: T Technology > TA Engineering (General). Civil engineering (General)
T Technology > TK Electrical engineering. Electronics Nuclear engineering
URI: http://etheses.bham.ac.uk/id/eprint/6537

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