Computational Auction Mechanisms For Restructured Power Industry Operation

Author : Gerald B. Sheblé
Publisher : Springer Science & Business Media
ISBN 13 : 1461551579
Total Pages : 348 pages
Book Rating : 4.77/5 ( download)

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Download or read book Computational Auction Mechanisms for Restructured Power Industry Operation written by Gerald B. Sheblé and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: `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.

Author : Antonio Gomez-Exposito
Publisher : CRC Press
ISBN 13 : 1351754491
Total Pages : 716 pages
Book Rating : 4.91/5 ( download)

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Download or read book Electric Energy Systems written by Antonio Gomez-Exposito and published by CRC Press. This book was released on 2018-06-14 with total page 716 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : A. Monticelli
Publisher : Springer Science & Business Media
ISBN 13 : 146154999X
Total Pages : 405 pages
Book Rating : 4.94/5 ( download)

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Download or read book State Estimation in Electric Power Systems written by A. Monticelli and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Allen J. Wood
Publisher : John Wiley & Sons
ISBN 13 : 1118733916
Total Pages : 656 pages
Book Rating : 4.12/5 ( download)

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Download or read book Power Generation, Operation, and Control written by Allen J. Wood and published by John Wiley & Sons. This book was released on 2013-12-18 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : Kankar Bhattacharya
Publisher : Springer Science & Business Media
ISBN 13 : 1461514657
Total Pages : 323 pages
Book Rating : 4.57/5 ( download)

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Download or read book Operation of Restructured Power Systems written by Kankar Bhattacharya and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : S.A. Soman
Publisher : Springer Science & Business Media
ISBN 13 : 1461508231
Total Pages : 349 pages
Book Rating : 4.36/5 ( download)

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Download or read book Computational Methods for Large Sparse Power Systems Analysis written by S.A. Soman and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Venkataramana Ajjarapu
Publisher : Springer Science & Business Media
ISBN 13 : 0387329358
Total Pages : 257 pages
Book Rating : 4.52/5 ( download)

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Download or read book Computational Techniques for Voltage Stability Assessment and Control written by Venkataramana Ajjarapu and published by Springer Science & Business Media. This book was released on 2007-05-27 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Joe H. Chow
Publisher : Springer Science & Business Media
ISBN 13 : 0387234713
Total Pages : 345 pages
Book Rating : 4.17/5 ( download)

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Download or read book Applied Mathematics for Restructured Electric Power Systems written by Joe H. Chow and published by Springer Science & Business Media. This book was released on 2006-06-03 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : M. Shahidehpour
Publisher : Springer Science & Business Media
ISBN 13 : 1461544734
Total Pages : 288 pages
Book Rating : 4.39/5 ( download)

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Download or read book Maintenance Scheduling in Restructured Power Systems written by M. Shahidehpour and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Leonard L. Grigsby
Publisher : CRC Press
ISBN 13 : 1000006824
Total Pages : 3036 pages
Book Rating : 4.27/5 ( download)

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Download or read book The Electric Power Engineering Handbook - Five Volume Set written by Leonard L. Grigsby and published by CRC Press. This book was released on 2018-12-14 with total page 3036 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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)