Energy And Structure

Energy Absorption of Structures and Materials

This important study focuses on the way in which structures and materials can be best designed to absorb kinetic energy in a controllable and predictable manner. Understanding of energy absorption of structures and materials is important in calculating the damage to structures caused by accidental collision, assessing the residual strength of structures after initial damage and in designing packaging to protect its contents in the event of impact. Whilst a great deal of recent research has taken place into the energy absorption behaviour of structures and materials and significant progress has been made, this knowledge is diffuse and widely scattered. This book offers a synthesis of the most recent developments and forms a detailed and comprehensive view of the area. It is an essential reference for all engineers concerned with materials engineering in relation to the theory of plasticity, structural mechanics and impact dynamics. - Important new study of energy absorption of engineering structures and materials - Shows how they can be designed to withstand sudden loading in a safe, controllable and predictable way - Illuminating case studies back up the theoretical analysis

Modeling and Valuation of Energy Structures

Commodity markets present several challenges for quantitative modeling. These include high volatilities, small sample data sets, and physical, operational complexity. In addition, the set of traded products in commodity markets is more limited than in financial or equity markets, making value extraction through trading more difficult. These facts make it very easy for modeling efforts to run into serious problems, as many models are very sensitive to noise and hence can easily fail in practice. Modeling and Valuation of Energy Structures is a comprehensive guide to quantitative and statistical approaches that have been successfully employed in support of trading operations, reflecting the author's 17 years of experience as a front-office 'quant'. The major theme of the book is that simpler is usually better, a message that is drawn out through the reality of incomplete markets, small samples, and informational constraints. The necessary mathematical tools for understanding these issues are thoroughly developed, with many techniques (analytical, econometric, and numerical) collected in a single volume for the first time. A particular emphasis is placed on the central role that the underlying market resolution plays in valuation. Examples are provided to illustrate that robust, approximate valuations are to be preferred to overly ambitious attempts at detailed qualitative modeling.

Analysis of Federal Energy Roles and Structure