Fundamentals Of Power System Economics
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Fundamentals Of Power System Economics
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Author : Daniel S. Kirschen
language : en
Publisher: John Wiley & Sons
Release Date : 2018-09-24
Fundamentals Of Power System Economics written by Daniel S. Kirschen 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 2018-09-24 with Technology & Engineering categories.
A new edition of the classic text explaining the fundamentals of competitive electricity marketsnow updated to reflect the evolution of these markets and the large scale deployment of generation from renewable energy sources The introduction of competition in the generation and retail of electricity has changed the ways in which power systems function. The design and operation of successful competitive electricity markets requires a sound understanding of both power systems engineering and underlying economic principles of a competitive market. This extensively revised and updated edition of the classic text on power system economics explains the basic economic principles underpinning the design, operation, and planning of modern power systems in a competitive environment. It also discusses the economics of renewable energy sources in electricity markets, the provision of incentives, and the cost of integrating renewables in the grid. Fundamentals of Power System Economics, Second Edition looks at the fundamental concepts of microeconomics, organization, and operation of electricity markets, market participants strategies, operational reliability and ancillary services, network congestion and related LMP and transmission rights, transmission investment, and generation investment. It also expands the chapter on generation investmentsdiscussing capacity mechanisms in more detail and the need for capacity markets aimed at ensuring that enough generation capacity is available when renewable energy sources are not producing due to lack of wind or sun. Retains the highly praised first editions focus and philosophy on the principles of competitive electricity markets and application of basic economics to power system operating and planning Includes an expanded chapter on power system operation that addresses the challenges stemming from the integration of renewable energy sources Addresses the need for additional flexibility and its provision by conventional generation, demand response, and energy storage Discusses the effects of the increased uncertainty on system operation Broadens its coverage of transmission investment and generation investment Supports self-study with end-of-chapter problems and instructors with solutions manual via companion website Fundamentals of Power System Economics, Second Edition is essential reading for graduate and undergraduate students, professors, practicing engineers, as well as all others who want to understand how economics and power system engineering interact.
Electricity Markets And Power System Economics
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Author : Deqiang Gan
language : en
Publisher: CRC Press
Release Date : 2013-11-12
Electricity Markets And Power System Economics written by Deqiang Gan and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-12 with Computers categories.
After the first power plant in history was commissioned for commercial operation by Thomas Edison on Pearl Street in New York in 1882, electricity was sold as a consumer product at market prices. After a period of rapid development, electricity had become such a fundamental product that regulation was believed to be necessary. Since then, the power
Power System Operations
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Author : Antonio J. Conejo
language : en
Publisher: Springer
Release Date : 2017-12-05
Power System Operations written by Antonio J. Conejo and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-05 with Technology & Engineering categories.
This textbook provides a detailed description of operation problems in power systems, including power system modeling, power system steady-state operations, power system state estimation, and electricity markets. The book provides an appropriate blend of theoretical background and practical applications, which are developed as working algorithms, coded in Octave (or Matlab) and GAMS environments. This feature strengthens the usefulness of the book for both students and practitioners. Students will gain an insightful understanding of current power system operation problems in engineering, including: (i) the formulation of decision-making models, (ii) the familiarization with efficient solution algorithms for such models, and (iii) insights into these problems through the detailed analysis of numerous illustrative examples. The authors use a modern, “building-block” approach to solving complex problems, making the topic accessible to students with limited background in power systems. Solved examples are used to introduce new concepts and each chapter ends with a set of exercises.
Regulation Of The Power Sector
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Author : Ignacio J. Pérez-Arriaga
language : en
Publisher: Springer Science & Business Media
Release Date : 2014-02-26
Regulation Of The Power Sector written by Ignacio J. Pérez-Arriaga 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 2014-02-26 with Business & Economics categories.
Regulation of the Power Sector is a unified, consistent and comprehensive treatment of the theories and practicalities of regulation in modern power-supply systems. The need for generation to occur at the time of use occasioned by the impracticality of large-scale electricity storage coupled with constant and often unpredictable changes in demand make electricity-supply systems large, dynamic and complex and their regulation a daunting task. Arranged in four parts, this book addresses both traditional regulatory frameworks and also liberalized and re-regulated environments. First, an introduction gives a full characterization of power supply including engineering, economic and regulatory viewpoints. The second part presents the fundamentals of regulation and the third looks at the regulation of particular components of the power sector in detail. Advanced topics and subjects still open or subject to dispute form the content of Part IV. In a sector where regulatory design is the key driver of both the industry efficiency and the returns on investment, Regulation of the Power Sector is directed at regulators, policy decision makers, business managers and researchers. It is a pragmatic text, well-tested by the authors’ quarter-century of experience of power systems from around the world. Power system professionals and students at all levels will derive much benefit from the authors’ wealth of blended theory and real-world-derived know-how.
Power System Fundamentals
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Author : Pedro Ponce
language : en
Publisher: CRC Press
Release Date : 2021-12-13
Power System Fundamentals written by Pedro Ponce and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-13 with categories.
This book covers the fundamentals of power systems, which are the pillars for smart grids, with a focus on defining the smart grid with theoretical and experimental electrical concepts. It begins with the topic of electric circuits, which are the basic systems in smart grids, and finishes with a complete smart grid concept.
Economics Of Electricity
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Author : Anna Cretì
language : en
Publisher: Cambridge University Press
Release Date : 2019-05-30
Economics Of Electricity written by Anna Cretì and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-30 with Business & Economics categories.
Explains the economics of electricity at each step of the supply chain: production, transportation and distribution, and retail.
Introduction To Electrical Power Systems
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Author : Dr. Mohamed E. El-Hawary
language : en
Publisher: John Wiley & Sons
Release Date : 2008-11-19
Introduction To Electrical Power Systems written by Dr. Mohamed E. El-Hawary 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 2008-11-19 with Technology & Engineering categories.
Adapted from an updated version of the author's classic Electric Power System Design and Analysis, with new material designed for the undergraduate student and professionals new to Power Engineering. The growing importance of renewable energy sources, control methods and mechanisms, and system restoration has created a need for a concise, comprehensive text that covers the concepts associated with electric power and energy systems. Introduction to Electric Power Systems fills that need, providing an up-to-date introduction to this dynamic field. The author begins with a discussion of the modern electric power system, centering on the technical aspects of power generation, transmission, distribution, and utilization. After providing an overview of electric power and machine theory fundamentals, he offers a practical treatment-focused on applications-of the major topics required for a solid background in the field, including synchronous machines, transformers, and electric motors. He also furnishes a unique look at activities related to power systems, such as power flow and control, stability, state estimation, and security assessment. A discussion of present and future directions of the electrical energy field rounds out the text. With its broad, up-to-date coverage, emphasis on applications, and integrated MATLAB scripts, Introduction to Electric Power Systems provides an ideal, practical introduction to the field-perfect for self-study or short-course work for professionals in related disciplines.
Springer Handbook Of Power Systems
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Author : Konstantin O. Papailiou
language : en
Publisher: Springer Nature
Release Date : 2021-04-12
Springer Handbook Of Power Systems written by Konstantin O. Papailiou and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-04-12 with Technology & Engineering categories.
This handbook offers a comprehensive source for electrical power professionals. It covers all elementary topics related to the design, development, operation and management of power systems, and provides an insight from worldwide key players in the electrical power systems industry. Edited by a renowned leader and expert in Power Systems, the book highlights international professionals’ longstanding experiences and addresses the requirements of practitioners but also of newcomers in this field in finding a solution for their problems. The structure of the book follows the physical structure of the power system from the fundamentals through components and equipment to the overall system. In addition the handbook covers certain horizontal matters, for example "Energy fundamentals", "High voltage engineering", and "High current and contact technology" and thus intends to become the major one-stop reference for all issues related to the electrical power system.
Fundamentals Of Electrical Power Systems Analysis
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Author : Md. Abdus Salam
language : en
Publisher: Springer Nature
Release Date : 2020-02-17
Fundamentals Of Electrical Power Systems Analysis written by Md. Abdus Salam and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-02-17 with Technology & Engineering categories.
This book covers the topic from introductory to advanced levels for undergraduate students of Electrical Power and related fields, and for professionals who need a fundamental grasp of power systems engineering. The book also analyses and simulates selected power circuits using appropriate software, and includes a wealth of worked-out examples and practice problems to enrich readers’ learning experience. In addition, the exercise problems provided can be used in teaching courses.