Energy network regulation and management

Details

Supervisors

Per Joakim Agrell

Faculty

Louvain School of Management

Degree label

Master [60] en sciences de gestion (horaire décalé)

Abstract

In a world where electricity is everywhere, new production techniques as renewable energy and a constant growing consumption tend to make energy production difficult. The supply and demand balance needs to be satisfied and different methods have been developed. The best way to give the production needed is to forecast the demand. Those forecasting techniques are continuously changing as the production become more and more variable. In another way, government takes decision to force people to consume energy when they are producing it thanks to wind turbines and photovoltaic panels. Those decisions avoid the network to store the exceeding energy in a poor efficient manner. Raising awareness of people will allow to safe money to everyone because a lack of energy needs to be filled with border countries trading.