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Money in the Middle East and North Africa
Monetary policy in the Middle East and North African (MENA) countries remains an understudied area; this book fills an important gap by examining monetary policy frameworks and monetary policy strategies in the region. Building on the editors’ earlier book, Monetary Policy and Central Banking in the Middle East and North Africa, which focused on central bank independence issues and on exchange rate regimes, this book emphasises monetary policy strategies. Part I contains an overview of the financial markets and institutions which condition the choice of monetary policy strategy in the countries of the region, followed by single-country studies on aspects of the monetary policy frameworks o...
Islam and Development
The study of Islam since the advent of 9/11 has made a significant resurgence. However, much of the work produced since then has tended to focus on the movements that not only provide aid to their fellow Muslims, but also have political and at times violent agendas. This tendency has led to a dearth of research on the wider Muslim aid and development scene. Focusing on the role and impact of Islam and Islamic Faith Based Organisations (FBOs), an arena that has come to be regarded by some as the 'invisible aid economy', Islam and Development considers Islamic theology and its application to development and how Islamic teaching is actualized in case studies of Muslim FBOs. It brings together contributions from the disciplines of theology, sociology, politics and economics, aiming both to raise awareness and to function as a corrective step within the development studies literature.
Advances in Electric Power and Energy
A guide to the role of static state estimation in the mitigation of potential system failures With contributions from a noted panel of experts on the topic, Advances in Electric Power and Energy: Static State Estimation addresses the wide-range of issues concerning static state estimation as a main energy control function and major tool for evaluating prevailing operating conditions in electric power systems worldwide. This book is an essential guide for system operators who must be fully aware of potential threats to the integrity of their own and neighboring systems. The contributors provide an overview of the topic and review common threats such as cascading black-outs to model-based anom...
Multiphysics Simulation by Design for Electrical Machines, Power Electronics and Drives
Presents applied theory and advanced simulation techniques for electric machines and drives This book combines the knowledge of experts from both academia and the software industry to present theories of multiphysics simulation by design for electrical machines, power electronics, and drives. The comprehensive design approach described within supports new applications required by technologies sustaining high drive efficiency. The highlighted framework considers the electric machine at the heart of the entire electric drive. The book also emphasizes the simulation by design concept—a concept that frames the entire highlighted design methodology, which is described and illustrated by various...
Probabilistic Power System Expansion Planning with Renewable Energy Resources and Energy Storage Systems
Probabilistic Power System Expansion Planning with Renewable Energy Resources and Energy Storage Systems Discover how modern techniques have shaped complex power system expansion planning with this one-stop resource from two experts in the field Probabilistic Power System Expansion Planning with Renewable Energy Resources and Energy Storage Systems delivers a comprehensive collection of innovative approaches to the probabilistic planning of generation and transmission systems under uncertainties. The book includes renewables and energy storage calculations when using probabilistic and deterministic reliability techniques to assess system performance from a long-term expansion planning viewpo...
Next Generation System-Wide Liquidity Stress Testing
A framework to run system-wide, balance sheet data-based liquidity stress tests is presented. The liquidity framework includes three elements: (a) a module to simulate the impact of bank run scenarios; (b) a module to assess risks arising from maturity transformation and rollover risks, implemented either in a simplified manner or as a fully-fledged cash flow-based approach; and (c) a framework to link liquidity and solvency risks. The framework also allows the simulation of how banks cope with upcoming regulatory changes (Basel III), and accommodates differences in data availability. A case study shows the impact of a "Lehman" type event for stylized banks.
Applications of Modern Heuristic Optimization Methods in Power and Energy Systems
Reviews state-of-the-art technologies in modern heuristic optimization techniques and presents case studies showing how they have been applied in complex power and energy systems problems Written by a team of international experts, this book describes the use of metaheuristic applications in the analysis and design of electric power systems. This includes a discussion of optimum energy and commitment of generation (nonrenewable & renewable) and load resources during day-to-day operations and control activities in regulated and competitive market structures, along with transmission and distribution systems. Applications of Modern Heuristic Optimization Methods in Power and Energy Systems begi...
Distributed Energy Management of Electrical Power Systems
Go in-depth with this comprehensive discussion of distributed energy management Distributed Energy Management of Electrical Power Systems provides the most complete analysis of fully distributed control approaches and their applications for electric power systems available today. Authored by four respected leaders in the field, the book covers the technical aspects of control, operation management, and optimization of electric power systems. In each chapter, the book covers the foundations and fundamentals of the topic under discussion. It then moves on to more advanced applications. Topics reviewed in the book include: System-level coordinated control Optimization of active and reactive pow...
Control of Power Electronic Converters with Microgrid Applications
Control of Power Electronic Converters with Microgrid Applications Discover a systematic approach to design controllers for power electronic converters and circuits In Control of Power Electronic Converters with Microgrid Applications, distinguished academics and authors Drs. Arindam Ghosh and Firuz Zare deliver a systematic exploration of design controllers for power electronic converters and circuits. The book offers readers the knowledge necessary to effectively design intelligent control mechanisms. It covers the theoretical requirements, like advanced control theories and the analysis and conditioning of AC signals as well as controller development and control. The authors provide reade...
