Review on the Role of Mathematical Modeling in Energy Sectors

Journal Title: International Journal of Engineering and Science Invention - Year 2018, Vol 7, Issue 3

Abstract

Energy plays very important roles for social and economic development of a country. It increases technological, industrial and agricultural aspects of the country. The demand for energy is also increasing day by day. In most of developing countries, energy problems are addressed by countering the high dependence on traditional sources of energy which supply more than 90% of the total energy used and causing rapid deforestation, decreasing soil fertility etc.Apart from phenomenal growth in population, astonishing gifts of modern technology have enhanced aspirations of the people to improve quality of life.One of indices of improved quality of life is per capita energy consumption, which has been rising steadily for the last many years. The net result of this has been that the demand for energy has been multiplied manifold and it can no longer be satisfied by traditional inefficient energy technologies using a few resources only. For the last few decades the experience in India has shown that decentralization of energy technologies based on local resources can be viable alternative to many commercial sources of energy in diverse energy end uses. Energy models have become standard tools in energy planning for all round growth of a country. In recent years considerable efforts have been made to formulate and implement energy planning strategies in developing countries. Formulation of energy program helps in proper allocation of availability of renewable energy resources such as wind, bio energy and hydro power for future demand of the world. Mathematical model represents mathematical terms of the behavior of real devices and objects. The objective of this study is to discuss various aspects of mathematical models in energy sectors that meet finished products requirements at minimum cost of energy used in the process being subjected to different operational constraints and to understand how these mathematical tools are beneficial for time and cost minimization which will support the process of development of a country.

Authors and Affiliations

V. N. Jha, Santosh K. Karn, Krishna Kumar

Keywords

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  • EP ID EP396484
  • DOI -
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How To Cite

V. N. Jha, Santosh K. Karn, Krishna Kumar (2018). Review on the Role of Mathematical Modeling in Energy Sectors. International Journal of Engineering and Science Invention, 7(3), 19-37. https://europub.co.uk/articles/-A-396484