IDEAS home Printed from https://ideas.repec.org/a/igg/jrcm00/v6y2017i1p54-69.html
   My bibliography  Save this article

Feasibility Approaches to Reduce the Unreliability of Gas, Nuclear, Coal, Solar and Wind Electricity Production

Author

Listed:
  • Roy L. Nersesian

    (Leon Hess School of Business, Monmouth University, Monmouth, NJ, USA)

  • Kenneth David Strang

    (School of Business and Economics, State University of New York, Queensbury, NY, USA & APPC Research Australia, Cammeray, Australia)

Abstract

This paper examines the feasibility of three scenarios for reducing the unreliability inherent in traditional and clean energy creation. One scenario uses pumped hydro to store non-peak energy from solar or wind plants. Another scenario investigates the use of pumped hydro for storing non-peak energy from gas and coal fired plants. Another scenario explores the possibility of selling stored energy as well as meeting peak demand for all types of energy creation methods. The authors used the action research technique with a case study in USA. They applied parametric and simulation techniques to develop several models. The models include variables representing base loads at plants serving a utility, the buying and selling of electricity contracts at appropriate times, and the possibility of diverting a stream to feed the upper reservoir of a pumped storage plant.

Suggested Citation

  • Roy L. Nersesian & Kenneth David Strang, 2017. "Feasibility Approaches to Reduce the Unreliability of Gas, Nuclear, Coal, Solar and Wind Electricity Production," International Journal of Risk and Contingency Management (IJRCM), IGI Global, vol. 6(1), pages 54-69, January.
    • Handle: RePEc:igg:jrcm00:v:6:y:2017:i:1:p:54-69
    as

    Download full text from publisher

    File URL: http://services.igi-global.com/resolvedoi/resolve.aspx?doi=10.4018/IJRCM.2017010104
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    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:igg:jrcm00:v:6:y:2017:i:1:p:54-69. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Journal Editor (email available below). General contact details of provider: https://www.igi-global.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.