A risk based approach for trading renewable electricity
General Material Designation
[Thesis]
First Statement of Responsibility
Eskandari Torbaghan, Mehran
.PUBLICATION, DISTRIBUTION, ETC
Name of Publisher, Distributor, etc.
University of Birmingham
Date of Publication, Distribution, etc.
2016
DISSERTATION (THESIS) NOTE
Dissertation or thesis details and type of degree
Ph.D.
Body granting the degree
University of Birmingham
Text preceding or following the note
2016
SUMMARY OR ABSTRACT
Text of Note
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.
TOPICAL NAME USED AS SUBJECT
TA Engineering (General). Civil engineering (General)