Electricity Markets

The text also explores advanced topics of power system operations and electricity market design and structure including zonal versus nodal pricing, market performance and market power issues, transmission pricing, and the emerging problems ...

Electricity Markets

Electricity Markets

A comprehensive resource that provides the basic concepts of electric power systems, microeconomics, and optimization techniques Electricity Markets: Theories and Applications offers students and practitioners a clear understanding of the fundamental concepts of the economic theories, particularly microeconomic theories, as well as information on some advanced optimization methods of electricity markets. The authors—noted experts in the field—cover the basic drivers for the transformation of the electricity industry in both the United States and around the world and discuss the fundamentals of power system operation, electricity market design and structures, and electricity market operations. The text also explores advanced topics of power system operations and electricity market design and structure including zonal versus nodal pricing, market performance and market power issues, transmission pricing, and the emerging problems electricity markets face in smart grid and micro-grid environments. The authors also examine system planning under the context of electricity market regime. They explain the new ways to solve problems with the tremendous amount of economic data related to power systems that is now available. This important resource: Introduces fundamental economic concepts necessary to understand the operations and functions of electricity markets Presents basic characteristics of power systems and physical laws governing operation Includes mathematical optimization methods related to electricity markets and their applications to practical market clearing issues Electricity Markets: Theories and Applications is an authoritative text that explores the basic concepts of the economic theories and key information on advanced optimization methods of electricity markets.

More Books:

Electricity Markets
Language: en
Pages: 352
Authors: Jeremy Lin, Fernando H. Magnago
Categories: Science
Type: BOOK - Published: 2017-10-09 - Publisher: John Wiley & Sons

A comprehensive resource that provides the basic concepts of electric power systems, microeconomics, and optimization techniques Electricity Markets: Theories and Applications offers students and practitioners a clear understanding of the fundamental concepts of the economic theories, particularly microeconomic theories, as well as information on some advanced optimization methods of electricity
Operation of Restructured Power Systems
Language: en
Pages: 311
Authors: Kankar Bhattacharya, Math H.J. Bollen, Jaap E. Daalder
Categories: Technology & Engineering
Type: BOOK - Published: 2012-12-06 - Publisher: Springer Science & Business Media

Deregulation is a fairly new paradigm in the electric power industry. And just as in the case of other industries where it has been introduced, the goal of deregulation is to enhance competition and bring consumers new choices and economic benefits. The process has, obviously, necessitated reformulation of established models
Power System Economic and Market Operations
Language: en
Pages: 237
Authors: Jin Zhong
Categories: Science
Type: BOOK - Published: 2018-01-12 - Publisher: CRC Press

Power system operation is one of the important issues in the power industry. The book aims to provide readers with the methods and algorithms to save the total cost in electricity generation and transmission. It begins with traditional power systems and builds into the fundamentals of power system operation, economic
Power System Operations and Electricity Markets
Language: en
Pages: 152
Authors: Fred I. Denny, David E. Dismukes
Categories: Technology & Engineering
Type: BOOK - Published: 2017-12-19 - Publisher: CRC Press

The electric power industry in the U.S. has undergone dramatic changes in recent years. Tight regulations enacted in the 1970's and then de-regulation in the 90's have transformed it from a technology-driven industry into one driven by public policy requirements and the open-access market. Now, just as the utility companies
Power Generation, Operation, and Control
Language: en
Pages: 656
Authors: Allen J. Wood, Bruce F. Wollenberg, Gerald B. Sheblé
Categories: Technology & Engineering
Type: BOOK - Published: 2013-11-18 - Publisher: John Wiley & Sons

A thoroughly revised new edition of the definitive work on power systems best practices In this eagerly awaited new edition, Power Generation, Operation, and Control continues to provide engineers and academics with a complete picture of the techniques used in modern power system operation. Long recognized as the standard reference

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