5 results on '"Sensitivity analysis"'
Search Results
2. Risk assessment of energy investment in the industrial framework – Uncertainty and Sensitivity Analysis for energy design and operation optimisation
- Author
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Luis Romeral, Konstantinos Kampouropoulos, Eva M. Urbano, Victor Martinez-Viol, Universitat Politècnica de Catalunya. Doctorat en Enginyeria Electrònica, Universitat Politècnica de Catalunya. Departament d'Enginyeria Electrònica, and Universitat Politècnica de Catalunya. MCIA - Motion Control and Industrial Applications Research Group
- Subjects
prosumer ,Computer science ,Energia -- Consum ,Energy development ,Energy transition ,Industrial and Manufacturing Engineering ,sensitivity analysis ,Manufacturing ,Sensitivity (control systems) ,optimal design ,Electrical and Electronic Engineering ,uncertainty analysis ,Uncertainty analysis ,Civil and Structural Engineering ,business.industry ,Mechanical Engineering ,Building and Construction ,Pollution ,Energies::Gestió de l'energia [Àrees temàtiques de la UPC] ,Sizing ,Energy consumption ,Indústries -- Consum d'energia ,General Energy ,Risk analysis (engineering) ,energy investment ,Energia -- Desenvolupament ,business ,Risk assessment ,Prosumer ,Energy (signal processing) - Abstract
The industry is a crucial actor towards the energy transition with the possibility to adopt new energy strategies including a prosumer model. However, industries are struggling to adopt smart energy approaches, and initiatives supporting them should be improved. To enhance industrial participation in energy transition, it is required to assess the optimal energy infrastructure considering its economic advantages and associated risks. Up to date, the literature dealing with energy sizing optimisation does not consider the time evolution of parameters or the uncertainty linked to the energy framework. The objective of this paper is to fill this literature gap by proposing a novel complete methodology to optimise the design and operation of the energy infrastructure for its lifetime while assessing its uncertainty and risk through an uncertainty analysis, as well as to identify the inputs causing it by a two-stage sensitivity analysis. This framework is applied to a case study based on a real industrial manufacturing SME. The results indicate that the proposed methodology produces robust results in front of the present uncertainties, being energy price the one that causes most of it and thus the one more attention should be paid to when evaluating energy investment decisions. Objectius de Desenvolupament Sostenible::9 - Indústria, Innovació i Infraestructura Objectius de Desenvolupament Sostenible::7 - Energia Assequible i No Contaminant
- Published
- 2022
3. The cost of energy associated with micro wind generation: International case studies of rural and urban installations
- Author
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Michael Conlon, Keith Sunderland, Ghanim Putrus, Steve McDonald, and Mahinsasa Narayana
- Subjects
020209 energy ,Tariff ,micro-generation ,H800 ,02 engineering and technology ,010501 environmental sciences ,01 natural sciences ,Industrial and Manufacturing Engineering ,Wind speed ,sensitivity analysis ,wind energy ,0202 electrical engineering, electronic engineering, information engineering ,Economics ,Electrical and Electronic Engineering ,Cost of electricity by source ,0105 earth and related environmental sciences ,Civil and Structural Engineering ,Wind power ,business.industry ,Mechanical Engineering ,Building and Construction ,Electrical and Computer Engineering ,Environmental economics ,Wind direction ,Pollution ,Renewable energy ,Offshore wind power ,General Energy ,Economy ,levelized cost of energy ,Electricity ,micro wind turbines ,business - Abstract
National targets for increased renewable energy are common-place internationally and small/micro-generation may help achieve such goals. Energy yields from such technologies however, are very location and site specific. In rural environments, the average wind speed is relatively high and the homogeneous landscape promotes laminar air flow and stable (relatively) wind direction. In urban environments however, the wind resource has lower mean wind speeds and increased levels of atmospheric turbulence due to heterogeneous surface forms. This paper discusses the associated costs per unit of electricity generated by micro wind energy conversion systems from the perspective of both urban and rural locations, with three case studies that consider the potential and financial viability for such systems. The case studies ascertain the cost of energy associated with a standard HAWT (horizontal axis wind turbine), in terms of exemplar rural and urban locations. Sri Lanka, Ireland and the UK, are prioritised as countries that have progressive, conservative and ambitious goals respectively towards the integration of micro-generation. LCOE (Levelized cost of energy) analyses in this regard, offers a contextualised viability assessment that is applicable in decision making relating to economic incentive application or in the determination of suitable feed-in tariff rates.
- Published
- 2016
4. A risk-averse optimization model for trading wind energy in a market environment under uncertainty
- Author
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Joao P. S. Catalao, Victor Mendes, and Hugo M. I. Pousinho
- Subjects
Wind power ,business.industry ,Financial economics ,Risk aversion ,Mechanical Engineering ,Building and Construction ,Pollution ,Industrial and Manufacturing Engineering ,Stochastic programming ,General Energy ,Econometrics ,Economics ,Energy market ,Sensitivity analysis ,Market environment ,Electrical and Electronic Engineering ,Volatility (finance) ,business ,Value at risk ,Civil and Structural Engineering - Abstract
In this paper, a stochastic programming approach is proposed for trading wind energy in a market environment under uncertainty. Uncertainty in the energy market prices is the main cause of high volatility of profits achieved by power producers. The volatile and intermittent nature of wind energy represents another source of uncertainty. Hence, each uncertain parameter is modeled by scenarios, where each scenario represents a plausible realization of the uncertain parameters with an associated occurrence probability. Also, an appropriate risk measurement is considered. The proposed approach is applied on a realistic case study, based on a wind farm in Portugal. Finally, conclusions are duly drawn.
- Published
- 2011
5. Experiments on the influence of intake conditions on local instantaneous heat flux in reciprocating internal combustion engines
- Author
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Desantes, J.M., Torregrosa, A. J., Broatch, A., and Olmeda González, Pablo Cesar
- Subjects
Combustion ,Industrial and Manufacturing Engineering ,law.invention ,Physics::Fluid Dynamics ,Air intakes ,Fast Fourier transform ,law ,Thermocouple ,Physics::Chemical Physics ,Chemistry ,Energy dissipation ,Single-cylinder engine ,Mechanics ,Ignition ,Pollution ,General Energy ,Thermocouples ,Heat flux ,MAQUINAS Y MOTORES TERMICOS ,Fourier transform ,Walls (structural partitions) ,Combustion chamber ,Sensitivity analysis ,Thermometers ,Combustion chambers ,Thermodynamics ,Internal combustion engines ,Internal combustion ,Heat engines ,Air temperature ,Numerical model ,Wall temperatures ,Reciprocating motion ,Electrical and Electronic Engineering ,Civil and Structural Engineering ,Heat engine ,Experimental study ,Mechanical Engineering ,Instantaneous wall temperature ,Building and Construction ,Fast response thermocouple ,Oxygen ,Ignition system ,Local heat flux ,Instantaneous heat flux ,Engine cylinders ,Engine - Abstract
[EN] The present study tries to be a contribution for the development of more precise theoretical models for predicting the dissipation of heat through the combustion chamber walls of reciprocating (internal combustion) IC engines. A fast response thermocouple was embedded in the combustion chamber of a single cylinder engine to measure instantaneous wall temperatures. The heat flux was obtained by solving the one-dimensional transient energy equation with transient boundary conditions using the Fast Fourier Transform. The engine was tested under different operating conditions to evaluate the sensitivity of the measurement procedure to variations of three relevant combustion parameters: injection pressure, air temperature and oxygen concentration at the intake. The local heat flux obtained was compared with other relevant parameters that characterize the thermal behaviour of engines, showing, in most of the cases, correlation among them. The results showed that the instantaneous heat flux through the walls and hence the local wall temperatures are strongly affected by the ignition delay and the start of combustion. © 2010 Elsevier Ltd.
- Published
- 2011
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