Abstract
In the recent years, it has become more and more evident that anthropogenic climate change is real and happening at an accelerating pace, which is threatening modern society. The 2015 UN-climate conference in Paris brought about a global consensus that emission of climate active gases has to be drastically reduced to mitigate the effects of global warming.
Players in the energy sector, therefore, face rapidly changing conditions due to technological progress, the fast growth of renewables, market liberalization, and changes in global demand and supply. Firms, governments, and consumers are confronted with new challenges connected to increased competition, decentralization of production and the globalization of energy markets. These new problems call for tailored quantitative solutions to analyze, optimize, and control the operation of energy systems and markets, taking into account the distinct economic, technological and political characteristics of the energy sector.
Players in the energy sector, therefore, face rapidly changing conditions due to technological progress, the fast growth of renewables, market liberalization, and changes in global demand and supply. Firms, governments, and consumers are confronted with new challenges connected to increased competition, decentralization of production and the globalization of energy markets. These new problems call for tailored quantitative solutions to analyze, optimize, and control the operation of energy systems and markets, taking into account the distinct economic, technological and political characteristics of the energy sector.
| Original language | English |
|---|---|
| Pages (from-to) | 541-543 |
| Number of pages | 3 |
| Journal | OR Spectrum = OR Spektrum |
| Volume | 38 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - Jul 2016 |
Keywords
- 22/3 OA procedure