Renewable energy sources in the Baltic States and new business approach of the sector

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Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Knygos dalis / Part of the book
Language:
Anglų kalba / English
Title:
Renewable energy sources in the Baltic States and new business approach of the sector
Authors:
In the Book:
15th Prof. Vladas Gronskas International scientific conference / editors: Ingrida Šarkiūnaitė, Skaistė Jurėnė. Vilnius: Vilnius University Press, 2021. P. 120-127. (Vilnius University Open Series)
Subject Category:
LT
Estija (Estonia); Latvija (Latvia); Lietuva (Lithuania).
Summary / Abstract:

ENRenewable energy sources (RES) are efficient in meeting the demand for clean and affordable energy. The need for RES is undeniable and has many advantages but there are also some challenges that need to be taken into consideration and adapted to the energy system. One of the challenges is RES volatility and its impact on electricity prices and power system operation. Europe is trending to power system decentralisation through the involvement of local authorities, active consumers and citizens in the system operation. This article provides main information about the energy sector of Latvia and RES in the Baltic countries. It proposes a methodology for the complex analysis of correlation and regression dependences of natural and price indicators of the electric power industry, based on the adaptation of the corresponding classical mathematical models. Keywords: renewable energy, demand response management, correlation and regression models. [From the publication]

DOI:
10.15388/VGISC.2021.16
ISSN:
2669-0535
Subject:
Vadyba / Management
Permalink:
https://www.lituanistika.lt/content/103460
Updated:
2023-08-30 21:19:28
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