Abstract

Sourcing of electricity becomes more and more volatile, if renewable sources like wind or solar are used in energy production. The result is volatile energy prices. They are a big chance and challenge for manufacturing companies. It is a risk for the profit, because one cannot calculate with fixed energy prices. We will show that volatile energy prices are a chance in order to reduce the energy cost if one uses the flexibility of production processes.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.