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Energy Management and Economics
Computers & Industrial Engineering 63 (2012) 539
Contents lists available at SciVerse ScienceDirect
Computers & Industrial Engineering journal homepage: www.elsevier.com/locate/caie
Foreword
Energy Management and Economics The energy industry has changed drastically over the last few years: An increasing amount of energy is being consumed worldwide, and energy prices have become more volatile and unpredictable than ever before, especially after the global economic crisis of 2008. Meanwhile, fossil fuels are being depleted, with much of the remaining resources existing in unstable regions, while the threat of climate change—caused mainly by energy consumption—is pushing people toward reducing greenhouse gas emissions. Thus, we are facing a few new challenges in energy management, for example, ensuring sufficient and secure energy supplies, combating the increasing dependency on energy imports, making adequate and sufficient investments in new and renewable energy technologies, ensuring that energy systems run stably, tackling environmental deterioration, saving energy, and reducing CO2 emissions. Besides technical options, advanced theories, methodologies, and techniques in energy management and economics are needed to meet these challenges. Significant advances in the application of interdisciplinary methodologies and the development computer simulations of energy management and economics have achieved over the past 10 years, reflecting the growing importance of utilizing integrated models in this field. This special issue aims to present new advancements in the field of energy management and economics by using industrial engineering methodology and computer simulations. We received a total of 27 submissions from nine countries or regions; each of these went through rigorous reviews by two or three blind reviewers. Finally, 19 submissions were accepted and
0360-8352/$ - see front matter Ó 2012 Elsevier Ltd. All rights reserved. http://dx.doi.org/10.1016/j.cie.2012.07.005
included in this special issue. We are happy to see that many industrial engineering and computer science approaches have been employed in these submissions, including mathematical programming, stochastic analysis, risk management, multi-attribute analysis, forecasting approaches, hybrid methodologies, intelligent algorithms, real options, simulations, and so on. All accepted submissions can be placed into the following five categories based on their research contents: energy system optimization (papers 1–5), energy technology management and investment (papers 6–8), oil price analysis and supply risk management (papers 9–12), electricity optimization and forecasting (papers 13–17), and emission reduction mechanisms (papers 18–19). The guest editor would like to thank all authors for their excellent work and the reviewers for offering their time and providing comments. Special thanks go to Professor Mohamed Dessouky for his invitation and patient guidance, which led to the publication of this special issue. Guest Editor Ying Fan Center for Energy and Environmental Policy Research, Institute of Policy and Management, Chinese Academy of Sciences, Beijing 100190, China E-mail addresses: [email protected], [email protected] Available online 3 August 2012
Contents lists available at SciVerse ScienceDirect
Computers & Industrial Engineering journal homepage: www.elsevier.com/locate/caie
Foreword
Energy Management and Economics The energy industry has changed drastically over the last few years: An increasing amount of energy is being consumed worldwide, and energy prices have become more volatile and unpredictable than ever before, especially after the global economic crisis of 2008. Meanwhile, fossil fuels are being depleted, with much of the remaining resources existing in unstable regions, while the threat of climate change—caused mainly by energy consumption—is pushing people toward reducing greenhouse gas emissions. Thus, we are facing a few new challenges in energy management, for example, ensuring sufficient and secure energy supplies, combating the increasing dependency on energy imports, making adequate and sufficient investments in new and renewable energy technologies, ensuring that energy systems run stably, tackling environmental deterioration, saving energy, and reducing CO2 emissions. Besides technical options, advanced theories, methodologies, and techniques in energy management and economics are needed to meet these challenges. Significant advances in the application of interdisciplinary methodologies and the development computer simulations of energy management and economics have achieved over the past 10 years, reflecting the growing importance of utilizing integrated models in this field. This special issue aims to present new advancements in the field of energy management and economics by using industrial engineering methodology and computer simulations. We received a total of 27 submissions from nine countries or regions; each of these went through rigorous reviews by two or three blind reviewers. Finally, 19 submissions were accepted and
0360-8352/$ - see front matter Ó 2012 Elsevier Ltd. All rights reserved. http://dx.doi.org/10.1016/j.cie.2012.07.005
included in this special issue. We are happy to see that many industrial engineering and computer science approaches have been employed in these submissions, including mathematical programming, stochastic analysis, risk management, multi-attribute analysis, forecasting approaches, hybrid methodologies, intelligent algorithms, real options, simulations, and so on. All accepted submissions can be placed into the following five categories based on their research contents: energy system optimization (papers 1–5), energy technology management and investment (papers 6–8), oil price analysis and supply risk management (papers 9–12), electricity optimization and forecasting (papers 13–17), and emission reduction mechanisms (papers 18–19). The guest editor would like to thank all authors for their excellent work and the reviewers for offering their time and providing comments. Special thanks go to Professor Mohamed Dessouky for his invitation and patient guidance, which led to the publication of this special issue. Guest Editor Ying Fan Center for Energy and Environmental Policy Research, Institute of Policy and Management, Chinese Academy of Sciences, Beijing 100190, China E-mail addresses: [email protected], [email protected] Available online 3 August 2012