Operation Of Restructured Power Systems
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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.
Restructured Electrical Power Systems
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Author : Mohammad Shahidehpour
language : en
Publisher: CRC Press
Release Date : 2017-12-19
Restructured Electrical Power Systems written by Mohammad Shahidehpour and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-19 with Technology & Engineering categories.
An examination of key issues in electric utilities restructuring. It covers: electric utility markets in and out of the USA; the Open Access Same-time Information System; tagging transactions; trading energy; hedging tools for managing risks in various markets; pricing volatility, risk and forecasting; regional transmission organization; and more. The text contains acronyms, a contract specifications sample, examples, and nearly 500 bibliographic citations, tables, and drawings.
Power System Operation Control And Restructuring
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Author : S. K. Gupta
language : en
Publisher:
Release Date : 2015-06-30
Power System Operation Control And Restructuring written by S. K. Gupta and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-06-30 with Electric power systems categories.
Provides a thorough understanding of the fundamentals and applications of modelling, analysing the problem of stability, operation of power systems, and problems associated with restructured power systems. With its coverage and focus, this book will meet the needs of students of power systems engineering courses. It will also serve as a useful reference resource for researchers and practising engineers.
Maintenance Scheduling In Restructured Power Systems
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Author : M. Shahidehpour
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Maintenance Scheduling In Restructured Power Systems written by M. Shahidehpour 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.
The overall goal of this book is to introduce algorithms for improving the economic posture of a utility company in a restructured power system by promoting cost-effective maintenance schedules. Today, cutting operations and maintenance (O&M) costs and preserving service reliability) are among the top priorities for managers ofutility companies. Preventive maintenance is perhaps the single largest controllable cost ofa utility2 operation. It is perceived that a careful planning and a good coordination among self-interested entities in a restructured power system are essential to achieving an optimal trade-off between the cost ofmaintenance and the service reliability. Traditional maintenance programs in verticall/ integrated utilities relied heavily on time-directed maintenance and manufacturer recommendations. This book offers a logical alternative to traditional electric utility maintenance practices and a basis for maintenance decisions. The book is organized as follows. Chapter I reviews various issues related to the power system operation and presents the role of restructuring in maintenance scheduling. In Chapter II, fundamental topics related to linear and nonlinear systems are reviewed. The duality in linear programming is discussed and integer programming is reviewed. Benders decomposition, Lagrangian relaxation, and Dantzig-Wolfe decomposition are presented. Several examples are given to demonstrate the applications ofdifferent methods. The formulation ofreactive power optimization is discussed which will be used again in Chapter VII.
Operation Of Market Oriented Power Systems
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Author : Yong-Hua Song
language : en
Publisher: Springer
Release Date : 2010-10-22
Operation Of Market Oriented Power Systems written by Yong-Hua Song and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-10-22 with Technology & Engineering categories.
This useful reference allows readers to compare and learn from best-practice and up-to-date information in this exciting field from Europe, the US and Australia. It shows how to overcome day-to-day and strategic engineering problems, rather than concentrating on policy and market-structural issues.
Restructured Electric Power Systems
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Author : Xiao-Ping Zhang
language : en
Publisher: John Wiley & Sons
Release Date : 2010-10-15
Restructured Electric Power Systems written by Xiao-Ping Zhang 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 2010-10-15 with Technology & Engineering categories.
The latest practical applications of electricity market equilibrium models in analyzing electricity markets Electricity market deregulation is driving the power energy production from a monopolistic structure into a competitive market environment. The development of electricity markets has necessitated the need to analyze market behavior and power. Restructured Electric Power Systems reviews the latest developments in electricity market equilibrium models and discusses the application of such models in the practical analysis and assessment of electricity markets. Drawing upon the extensive involvement in the research and industrial development of the leading experts in the subject area, the book starts by explaining the current developments of electrical power systems towards smart grids and then relates the operation and control technologies to the aspects in electricity markets. It explores: The problems of electricity market behavior and market power Mathematical programs with equilibrium constraints (MPEC) and equilibrium problems with equilibrium constraints (EPEC) Tools and techniques for solving the electricity market equilibrium problems Various electricity market equilibrium models State-of-the-art techniques for computing the electricity market equilibrium problems The application of electricity market equilibrium models in assessing the economic benefits of transmission expansions for market environments, forward and spot markets, short-term power system security, and analysis of reactive power impact Also featured are computational resources to allow readers to develop algorithms on their own, as well as future research directions in modeling and computational techniques in electricity market analysis. Restructured Electric Power Systems is an invaluable reference for electrical engineers and power system economists from power utilities and for professors, postgraduate students, and undergraduate students in electrical power engineering, as well as those responsible for the design, engineering, research, and development of competitive electricity markets and electricity market policy.
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.
Electrical Power Systems
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Author : P. VENKATESH
language : en
Publisher: PHI Learning Pvt. Ltd.
Release Date : 2012-04-03
Electrical Power Systems written by P. VENKATESH and has been published by PHI Learning Pvt. Ltd. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-04-03 with Technology & Engineering categories.
This textbook introduces electrical engineering students to the most relevant concepts and techniques in three major areas today in power system engineering, namely analysis, security and deregulation. The book carefully integrates theory and practical applications. It emphasizes power flow analysis, details analysis problems in systems with fault conditions, and discusses transient stability problems as well. In addition, students can acquire software development skills in MATLAB and in the usage of state-of-the-art software tools such as Power World Simulator (PWS) and Siemens PSS/E. In any energy management/operations control centre, the knowledge of contingency analysis, state estimation and optimal power flow is of utmost importance. Part 2 of the book provides comprehensive coverage of these topics. The key issues in electricity deregulation and restructuring of power systems such as Transmission Pricing, Available Transfer Capability (ATC), and pricing methods in the context of Indian scenario are discussed in detail in Part 3 of the book. The book is interspersed with problems for a sound understanding of various aspects of power systems. The questions at the end of each chapter are provided to reinforce the knowledge of students as well as prepare them from the examination point of view. The book will be useful to both the undergraduate students of electrical engineering and postgraduate students of power engineering and power management in several courses such as Power System Analysis, Electricity Deregulation, Power System Security, Restructured Power Systems, as well as laboratory courses in Power System Simulation.
Power System Operations And Electricity Markets
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Author : Fred I. Denny
language : en
Publisher: CRC Press
Release Date : 2017-12-19
Power System Operations And Electricity Markets written by Fred I. Denny and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-19 with Technology & Engineering categories.
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 must change to ensure their survival, engineers and other professionals in the industry must acquire new skills, adopt new attitudes, and accommodate other disciplines. Power System Operations and Electricity Markets provides the information engineers need to understand and meet the challenges of the new competitive environment. Integrating the business and technical aspects of the restructured power industry, it explains, clearly and succinctly, how new methods for power systems operations and energy marketing relate to public policy, regulation, economics, and engineering science. The authors examine the technologies and techniques currently in use and lay the groundwork for the coming era of unbundling, open access, power marketing, self-generation, and regional transmission operations. The rapid, massive changes in the electric power industry and in the economy have rendered most books on the subject obsolete. Based on the authors' years of front-line experience in the industry and in regulatory organizations, Power System Operations and Electricity Markets is current, insightful, and complete with Web links that will help readers stay up to date.
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.