Operation of Restructured Power Systems

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Release : 2012-12-06
Genre : Technology & Engineering
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Book Rating : 657/5 ( reviews)

Operation of Restructured Power Systems - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Operation of Restructured Power Systems write by Kankar Bhattacharya. This book was released on 2012-12-06. Operation of Restructured Power Systems available in PDF, EPUB and Kindle. 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.

Operation of Restructured Power Systems

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Author :
Release : 2012-10-26
Genre : Technology & Engineering
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Book Rating : 670/5 ( reviews)

Operation of Restructured Power Systems - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Operation of Restructured Power Systems write by Kankar Bhattacharya. This book was released on 2012-10-26. Operation of Restructured Power Systems available in PDF, EPUB and Kindle. 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.

Operation of Restructured Power Systems

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Author :
Release : 2001-06-30
Genre : Technology & Engineering
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Book Rating : 971/5 ( reviews)

Operation of Restructured Power Systems - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Operation of Restructured Power Systems write by Kankar Bhattacharya. This book was released on 2001-06-30. Operation of Restructured Power Systems available in PDF, EPUB and Kindle. 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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Release : 2017-12-19
Genre : Technology & Engineering
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Book Rating : 783/5 ( reviews)

Restructured Electrical Power Systems - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Restructured Electrical Power Systems write by Mohammad Shahidehpour. This book was released on 2017-12-19. Restructured Electrical Power Systems available in PDF, EPUB and Kindle. 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.

Computational Auction Mechanisms for Restructured Power Industry Operation

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Release : 2012-12-06
Genre : Technology & Engineering
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Book Rating : 579/5 ( reviews)

Computational Auction Mechanisms for Restructured Power Industry Operation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Computational Auction Mechanisms for Restructured Power Industry Operation write by Gerald B. Sheblé. This book was released on 2012-12-06. Computational Auction Mechanisms for Restructured Power Industry Operation available in PDF, EPUB and Kindle. `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.