Computational Auction Mechanisms For Restructured Power Industry Operation
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Computational Auction Mechanisms For Restructured Power Industry Operation
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Author : Gerald B. Sheblé
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Computational Auction Mechanisms For Restructured Power Industry Operation written by Gerald B. Sheblé and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Technology & Engineering categories.
`Electric energy must be treated as a commodity which can be bought, sold, and traded, taking into account its time- and space-varying values and costs.` Spot Pricing of Electricity, Schweppe et al, 1988. Computational Auction Mechanisms for Restructured Power Industry Operation outlines the application of auction methods for all aspects of power system operation, primarily for a competitive environment. A complete description of the industry structure as well as the various markets now being formed is given. A thorough introduction to auction basics is included to explain how auctions have grown in other industries. Auction methods are compared to classical techniques for power system analysis, operations, and planning. The traditional applications of economic dispatch, optimal power flow and unit commitment are compared to auction mechanisms. Algorithms for auctions using linearized power flow equations, DC power flow equations, and AC power flow equations are included. The bundling of supportive services, known as ancillary services within the United States, is discussed. Extensions to the basic auction algorithms for inclusion of supportive services as well as algorithms for scheduling and bidding on generation for GENCOs or independent power producers are presented. Algorithms for scheduling and contracting with customers are also presented for energy service companies. An introduction to the various commodity and financial market products includes the use of futures and options for GENCOs. The material is useful for students performing research on the new business environment based on competition. Regulators will find information on initial methods of designing and evaluating market systems, and power exchange and financial analysts will find information on the interdependence of markets and power system-based techniques for risk management. This information compares the new business environment solutions with old business environment solutions. Computational Auction Mechanisms for Restructured Power Industry Operation provides a first introduction to how electricity will be traded as a commodity in the future.
Operation Of Restructured Power Systems
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Author : Kankar Bhattacharya
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Operation Of Restructured Power Systems written by Kankar Bhattacharya and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Technology & Engineering categories.
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 of power system operation and control activities. Similarly, issues such as system reliability, control, security and power quality in this new environment have come in for scrutiny and debate. In this book, we attempt to present a comprehensive overview of the deregulation process that has developed till now, focussing on the operation aspects. As of now, restructured electricity markets have been established in various degrees and forms in many countries. This book comes at a time when the deregulation process is poised to undergo further rapid advancements. It is envisaged that the reader will benefit by way of an enhanced understanding of power system operations in the conventional vertically integrated environment vis-a-vis the deregulated environment. The book is aimed at a wide range of audience- electric utility personnel involved in scheduling, dispatch, grid operations and related activities, personnel involved in energy trading businesses and electricity markets, institutions involved in energy sector financing. Power engineers, energy economists, researchers in utilities and universities should find the treatment of mathematical models as well as emphasis on recent research work helpful.
Electric Energy Systems
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Author : Antonio Gomez-Exposito
language : en
Publisher: CRC Press
Release Date : 2018-06-14
Electric Energy Systems written by Antonio Gomez-Exposito and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-06-14 with Technology & Engineering categories.
Electric Energy Systems, Second Edition provides an analysis of electric generation and transmission systems that addresses diverse regulatory issues. It includes fundamental background topics, such as load flow, short circuit analysis, and economic dispatch, as well as advanced topics, such as harmonic load flow, state estimation, voltage and frequency control, electromagnetic transients, etc. The new edition features updated material throughout the text and new sections throughout the chapters. It covers current issues in the industry, including renewable generation with associated control and scheduling problems, HVDC transmission, and use of synchrophasors (PMUs). The text explores more sophisticated protections and the new roles of demand, side management, etc. Written by internationally recognized specialists, the text contains a wide range of worked out examples along with numerous exercises and solutions to enhance understanding of the material. Features Integrates technical and economic analyses of electric energy systems. Covers HVDC transmission. Addresses renewable generation and the associated control and scheduling problems. Analyzes electricity markets, electromagnetic transients, and harmonic load flow. Features new sections and updated material throughout the text. Includes examples and solved problems.
State Estimation In Electric Power Systems
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Author : A. Monticelli
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
State Estimation In Electric Power Systems written by A. Monticelli and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Technology & Engineering categories.
State Estimation in Electric Power Systems: A Generalized Approach provides for the first time a comprehensive introduction to the topic of state estimation at an advanced textbook level. The theory as well as practice of weighted least squares (WLS) is covered with significant rigor. Included are an in depth analysis of power flow basics, proper justification of Stott's decoupled method, observability theory and matrix solution methods. In terms of practical application, topics such as bad data analysis, combinatorial bad data analysis and multiple snap shot estimation are covered. The book caters both to the specialist as well as the newcomer to the field. State estimation will play a crucial role in the emerging scenario of a deregulated power industry. Many market decisions will be based on knowing the present state of the system accurately. State Estimation in Electric Power Systems: A Generalized Approach crystallizes thirty years of WLS state estimation theory and practice in power systems and focuses on techniques adopted by state estimation developers worldwide. The book also reflects the experience of developing industrial-grade state estimation software that is used in the USA, South America, and many other places in world.
Power Generation Operation And Control
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Author : Allen J. Wood
language : en
Publisher: John Wiley & Sons
Release Date : 2013-12-18
Power Generation Operation And Control written by Allen J. Wood and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-18 with Technology & Engineering categories.
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 in the field, the book has been thoroughly updated to reflect the enormous changes that have taken place in the electric power industry since the Second Edition was published seventeen years ago. With an emphasis on both the engineering and economic aspects of energy management, the Third Edition introduces central "terminal" characteristics for thermal and hydroelectric power generation systems, along with new optimization techniques for tackling real-world operating problems. Readers will find a range of algorithms and methods for performing integrated economic, network, and generating system analysis, as well as modern methods for power system analysis, operation, and control. Special features include: State-of-the-art topics such as market simulation, multiple market analysis, contract and market bidding, and other business topics Chapters on generation with limited energy supply, power flow control, power system security, and more An introduction to regulatory issues, renewable energy, and other evolving topics New worked examples and end-of-chapter problems A companion website with additional materials, including MATLAB programs and power system sample data sets
Computational Methods For Large Sparse Power Systems Analysis
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Author : S.A. Soman
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Computational Methods For Large Sparse Power Systems Analysis written by S.A. Soman and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Technology & Engineering categories.
Computational methods in Power Systems require significant inputs from diverse disciplines, such as data base structures, numerical analysis etc. Strategic decisions in sparsity exploitation and algorithm design influence large-scale simulation and high-speed computations. Selection of programming paradigm shapes the design, its modularity and reusability. This has a far reaching effect on software maintenance. Computational Methods for Large Sparse Power Systems Analysis: An Object Oriented Approach provides a unified object oriented (OO) treatment for power system analysis. Sparsity exploitation techniques in OO paradigm are emphasized to facilitate large scale and fast computing. Specific applications like large-scale load flow, short circuit analysis, state estimation and optimal power flow are discussed within this framework. A chapter on modeling and computational issues in power system dynamics is also included. Motivational examples and illustrations are included throughout the book. A library of C++ classes provided along with this book has classes for transmission lines, transformers, substation etc. A CD-ROM with C++ programs is also included. It contains load flow, short circuit analysis and network topology processor applications. Power system data is provided and systems up to 150 buses can be studied. Other Special Features: This book is the first of its kind, covering power system applications designed with an OO perspective. Chapters on object orientation for modeling of power system computations, data structure, large sparse linear system solver, sparse QR decomposition in an OO framework are special features of this book.
Computational Techniques For Voltage Stability Assessment And Control
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Author : Venkataramana Ajjarapu
language : en
Publisher: Springer Science & Business Media
Release Date : 2007-05-27
Computational Techniques For Voltage Stability Assessment And Control written by Venkataramana Ajjarapu and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-05-27 with Technology & Engineering categories.
This book provides comprehensive details on continuation power flow, and reviews concepts in bifurcation theory and continuation methods for assessing power system voltage stability. The author proposes a uniform framework that provides computational approaches for both short-term and long-term voltage stability phenomena. Readers can access the author’s web-based simulation tools, which are based on the advice in this book, to simulate tests of systems up to the size of 200 busses.
Applied Mathematics For Restructured Electric Power Systems
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Author : Joe H. Chow
language : en
Publisher: Springer Science & Business Media
Release Date : 2006-06-03
Applied Mathematics For Restructured Electric Power Systems written by Joe H. Chow and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-06-03 with Technology & Engineering categories.
Applied Mathematics for Restructured Electric Power Systems: Optimization, Control, and Computational Intelligence consists of chapters based on work presented at a National Science Foundation workshop organized in November 2003. The theme of the workshop was the use of applied mathematics to solve challenging power system problems. The areas included control, optimization, and computational intelligence. In addition to the introductory chapter, this book includes 12 chapters written by renowned experts in their respected fields. Each chapter follows a three-part format: (1) a description of an important power system problem or problems, (2) the current practice and/or particular research approaches, and (3) future research directions. Collectively, the technical areas discussed are voltage and oscillatory stability, power system security margins, hierarchical and decentralized control, stability monitoring, embedded optimization, neural network control with adaptive critic architecture, control tuning using genetic algorithms, and load forecasting and component prediction. This volume is intended for power systems researchers and professionals charged with solving electric and power system problems.
The Next Generation Of Electric Power Unit Commitment Models
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Author : Benjamin F. Hobbs
language : en
Publisher: Springer Science & Business Media
Release Date : 2006-04-11
The Next Generation Of Electric Power Unit Commitment Models written by Benjamin F. Hobbs and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-04-11 with Business & Economics categories.
Over the years, the electric power industry has been using optimization methods to help them solve the unit commitment problem. The result has been savings of tens and perhaps hundreds of millions of dollars in fuel costs. Things are changing, however. Optimization technology is improving, and the industry is undergoing radical restructuring. Consequently, the role of commitment models is changing, and the value of the improved solutions that better algorithms might yield is increasing. The dual purpose of this book is to explore the technology and needs of the next generation of computer models for aiding unit commitment decisions. Because of the unit commitment problem's size and complexity and because of the large economic benefits that could result from its improved solution, considerable attention has been devoted to algorithm development in the book. More systematic procedures based on a variety of widely researched algorithms have been proposed and tested. These techniques have included dynamic programming, branch-and-bound mixed integer programming (MIP), linear and network programming approaches, and Benders decomposition methods, among others. Recently, metaheuristic methods have been tested, such as genetic programming and simulated annealing, along with expert systems and neural networks. Because electric markets are changing rapidly, how UC models are solved and what purposes they serve need reconsideration. Hence, the book brings together people who understand the problem and people who know what improvements in algorithms are really possible. The two-fold result in The Next Generation of Electric Power Unit Commitment Models is an assessment of industry needs and new formulations and computational approaches that promise to make unit commitment models more responsive to those needs.
The Electric Power Engineering Handbook Five Volume Set
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Author : Leonard L. Grigsby
language : en
Publisher: CRC Press
Release Date : 2018-12-14
The Electric Power Engineering Handbook Five Volume Set written by Leonard L. Grigsby and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-14 with Technology & Engineering categories.
The Electric Power Engineering Handbook, Third Edition updates coverage of recent developments and rapid technological growth in crucial aspects of power systems, including protection, dynamics and stability, operation, and control. With contributions from worldwide field leaders—edited by L.L. Grigsby, one of the world’s most respected, accomplished authorities in power engineering—this reference includes chapters on: Nonconventional Power Generation Conventional Power Generation Transmission Systems Distribution Systems Electric Power Utilization Power Quality Power System Analysis and Simulation Power System Transients Power System Planning (Reliability) Power Electronics Power System Protection Power System Dynamics and Stability Power System Operation and Control Content includes a simplified overview of advances in international standards, practices, and technologies, such as small-signal stability and power system oscillations, power system stability controls, and dynamic modeling of power systems. Each book in this popular series supplies a high level of detail and, more importantly, a tutorial style of writing and use of photographs and graphics to help the reader understand the material. This resource will help readers achieve safe, economical, high-quality power delivery in a dynamic and demanding environment. Volumes in the set: K12642 Electric Power Generation, Transmission, and Distribution, Third Edition (ISBN: 9781439856284) K12648 Power Systems, Third Edition (ISBN: 9781439856338) K13917 Power System Stability and Control, Third Edition (9781439883204) K12650 Electric Power Substations Engineering, Third Edition (9781439856383) K12643 Electric Power Transformer Engineering, Third Edition (9781439856291)