The Evolution Of Electric Power Transmission Under Deregulation
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The Evolution Of Electric Power Transmission Under Deregulation
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Author : John A. Casazza
language : en
Publisher: Institute of Electrical & Electronics Engineers(IEEE)
Release Date : 2000
The Evolution Of Electric Power Transmission Under Deregulation written by John A. Casazza and has been published by Institute of Electrical & Electronics Engineers(IEEE) this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Technology & Engineering categories.
Will the bulk electric power system be as reliable in the future as it has been in the past? Those who have addressed this question have generally only dealt with generating capacity. But there is another side to this equation - the transmission system - and to ignore it is to focus on only half the problem.
Market Operations In Electric Power Systems
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Author : Mohammad Shahidehpour
language : en
Publisher: John Wiley & Sons
Release Date : 2003-05-28
Market Operations In Electric Power Systems written by Mohammad Shahidehpour 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 2003-05-28 with Technology & Engineering categories.
An essential overview of post-deregulation market operations inelectrical power systems Until recently the U.S. electricity industry was dominated byvertically integrated utilities. It is now evolving into adistributive and competitive market driven by market forces andincreased competition. With electricity amounting to a $200 billionper year market in the United States, the implications of thisrestructuring will naturally affect the rest of the world. Why is restructuring necessary? What are the components ofrestructuring? How is the new structure different from the oldmonopoly? How are the participants strategizing their options tomaximize their revenues? What are the market risks and how are theyevaluated? How are interchange transactions analyzed and approved?Starting with a background sketch of the industry, this hands-onreference provides insights into the new trends in power systemsoperation and control, and highlights advanced issues in thefield. Written for both technical and nontechnical professionals involvedin power engineering, finance, and marketing, this must-haveresource discusses: * Market structure and operation of electric power systems * Load and price forecasting and arbitrage * Price-based unit commitment and security constrained unitcommitment * Market power analysis and game theory applications * Ancillary services auction market design * Transmission pricing and congestion Using real-world case studies, this timely survey offers engineers,consultants, researchers, financial managers, university professorsand students, and other professionals in the industry acomprehensive review of electricity restructuring and how itsradical effects will shape the market.
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.
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.
Power Systems And Restructuring
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Author : Nouredine Hadjsaïd
language : en
Publisher: John Wiley & Sons
Release Date : 2013-02-07
Power Systems And Restructuring written by Nouredine Hadjsaïd 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 2013-02-07 with Technology & Engineering categories.
The development of electric power systems has been made up of incremental innovations from the end of the 19th century and throughout the 20th century. The creation of deregulated electricity markets has brought about an emerging paradigm in which the relationships between producers, power system operators and consumers have changed enormously compared to the monopolistic case. The scope of this book is to provide fundamental concepts of the physics and operation of transmission and distribution lines, which is the content of Part 1, followed by the models and tools for the description and simulation of large electrical grids for steady state and transient operation. These advanced tools allow the physics and technology of power systems to be described and the algorithms of Ybus and Zbus matrices to be built for various studies such as short-circuit studies and load flow or transient phenomena analysis. Part 3 deals with the new organization concepts in the frame of deregulated markets. In this part the restructuring of the power industry is presented where various actors interact together through market places or bilateral contracts. In addition, the operation of the power grids under this deregulated context is detailed and the relationships between power system operators and market actors (energy producers and providers, traders, etc.) is explained with several examples. The ancillary services, congestion management and grid access concepts are also described. A large number of exercises and problems disseminated throughout the book with solutions at the end enable the reader to check his understanding of the content at any time.
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.
The Economics Of Electricity Markets
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Author : Darryl R. Biggar
language : en
Publisher: John Wiley & Sons
Release Date : 2014-07-10
The Economics Of Electricity Markets written by Darryl R. Biggar 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 2014-07-10 with Science categories.
Bridges the knowledge gap between engineering and economics in a complex and evolving deregulated electricity industry, enabling readers to understand, operate, plan and design a modern power system With an accessible and progressive style written in straight-forward language, this book covers everything an engineer or economist needs to know to understand, operate within, plan and design an effective liberalized electricity industry, thus serving as both a useful teaching text and a valuable reference. The book focuses on principles and theory which are independent of any one market design. It outlines where the theory is not implemented in practice, perhaps due to other over-riding concerns. The book covers the basic modelling of electricity markets, including the impact of uncertainty (an integral part of generation investment decisions and transmission cost-benefit analysis). It draws out the parallels to the Nordpool market (an important point of reference for Europe). Written from the perspective of the policy-maker, the first part provides the introductory background knowledge required. This includes an understanding of basic economics concepts such as supply and demand, monopoly, market power and marginal cost. The second part of the book asks how a set of generation, load, and transmission resources should be efficiently operated, and the third part focuses on the generation investment decision. Part 4 addresses the question of the management of risk and Part 5 discusses the question of market power. Any power system must be operated at all times in a manner which can accommodate the next potential contingency. This demands responses by generators and loads on a very short timeframe. Part 6 of the book addresses the question of dispatch in the very short run, introducing the distinction between preventive and corrective actions and why preventive actions are sometimes required. The seventh part deals with pricing issues that arise under a regionally-priced market, such as the Australian NEM. This section introduces the notion of regions and interconnectors and how to formulate constraints for the correct pricing outcomes (the issue of "constraint orientation"). Part 8 addresses the fundamental and difficult issue of efficient transmission investment, and finally Part 9 covers issues that arise in the retail market. Bridges the gap between engineering and economics in electricity, covering both the economics and engineering knowledge needed to accurately understand, plan and develop the electricity market Comprehensive coverage of all the key topics in the economics of electricity markets Covers the latest research and policy issues as well as description of the fundamental concepts and principles that can be applied across all markets globally Numerous worked examples and end-of-chapter problems Companion website holding solutions to problems set out in the book, also the relevant simulation (GAMS) codes
Electric Utility Deregulation
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Author : United States. Congress. House. Committee on Science. Subcommittee on Energy and Environment
language : en
Publisher:
Release Date : 1998
Electric Utility Deregulation written by United States. Congress. House. Committee on Science. Subcommittee on Energy and Environment and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Business & Economics categories.
Power Transmission Distribution Second Edition
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Author : Anthony J. Pansini
language : en
Publisher: CRC Press
Release Date : 2020-11-27
Power Transmission Distribution Second Edition written by Anthony J. Pansini and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-27 with Technology & Engineering categories.
Our ever-increasing dependence on electricity demands improvements in the quality of its supply. The deregulation of electric (and other) utilities, the events of 9/11, and the blackouts in North America, London, and the Italian peninsula evidence this need. This book looks at our current transmission systems and how loop circuits can substantially improve the reliability of transmission lines, essentially to provide a two-way feed to the consumer and insuring continuity of service if a fault develops on the circuit. It also covers distribution systems and includes information on how small generating units can be connected directly to the distribution system in the same manner as in larger cogenerating units.
Economic Market Design And Planning For Electric Power Systems
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Author : James A. Momoh
language : en
Publisher: John Wiley & Sons
Release Date : 2009-11-19
Economic Market Design And Planning For Electric Power Systems written by James A. Momoh 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 2009-11-19 with Technology & Engineering categories.
Discover cutting-edge developments in electric power systems Stemming from cutting-edge research and education activities in the field of electric power systems, this book brings together the knowledge of a panel of experts in economics, the social sciences, and electric power systems. In ten concise and comprehensible chapters, the book provides unprecedented coverage of the operation, control, planning, and design of electric power systems. It also discusses: A framework for interdisciplinary research and education Modeling electricity markets Alternative economic criteria and proactive planning for transmission investment in deregulated power systems Payment cost minimization with demand bids and partial capacity cost compensations for day-ahead electricity auctions Dynamic oligopolistic competition in an electric power network and impacts of infrastructure disruptions Reliability in monopolies and duopolies Building an efficient, reliable, and sustainable power system Risk-based power system planning integrating social and economic direct and indirect costs Models for transmission expansion planning based on reconfiguration capacitor switching Next-generation optimization for electric power systems Most chapters end with a bibliography, closing remarks, conclusions, or future work. Economic Market Design and Planning for Electric Power Systems is an indispensable reference for policy-makers, executives and engineers of electric utilities, university faculty members, and graduate students and researchers in control theory, electric power systems, economics, and the social sciences.