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Power System Operations
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.
Investment in Electricity Generation and Transmission
This book provides an in-depth analysis of investment problems pertaining to electric energy infrastructure, including both generation and transmission facilities. The analysis encompasses decision-making tools for expansion planning, reinforcement, and the selection and timing of investment options. In this regard, the book provides an up-to-date description of analytical tools to address challenging investment questions such as: How can we expand and/or reinforce our aging electricity transmission infrastructure? How can we expand the transmission network of a given region to integrate significant amounts of renewable generation? How can we expand generation facilities to achieve a low-car...
Electric Vehicles and Renewable Generation
Power System Operation and Planning under Uncertainty provides the mathematical models and tools needed to plan and operate future power systems. It discusses the challenging task of the integration of a high penetration of renewable energies and electric vehicles within existing power systems. This book explores the uncertainty faced by power systems that is associated with the evolution of capital costs, technical developments of immature renewable technologies and energy storage systems, the number of electrical vehicles, and the participation of electricity end users in demand response programs. It helps provide solutions, and points to areas of further research that will help resolve. The models, tools and techniques described in this book are of interest for researches of energy systems, professionals working as power system planners or operators, and for graduate students in power engineering and operations research.
Virtual Power Plants and Electricity Markets
This textbook provides a detailed analysis of operation and planning problems faced by virtual power plants participating in different electricity markets. The chapters address in-depth, topics such as: optimization, market power, expansion, and modelling uncertainty in operation and planning problems of virtual power plants. The book provides an up-to-date description of decision-making tools to address challenging questions faced by virtual power plants such as: How can virtual power plants optimize their participation in electricity markets? How can a virtual power plant exercise market power? How can virtual power plants be optimally expanded? How can uncertainty be efficiently modelled ...
Handbook of Clean Energy Systems, 6 Volume Set
The Handbook of Clean Energy Systems brings together an international team of experts to present a comprehensive overview of the latest research, developments and practical applications throughout all areas of clean energy systems. Consolidating information which is currently scattered across a wide variety of literature sources, the handbook covers a broad range of topics in this interdisciplinary research field including both fossil and renewable energy systems. The development of intelligent energy systems for efficient energy processes and mitigation technologies for the reduction of environmental pollutants is explored in depth, and environmental, social and economic impacts are also ad...
Distributed Power Generation Scheduling, Modelling and Expansion Planning
Distributed generation is becoming more important in electrical power systems due to the decentralization of energy production. Within this new paradigm, new approaches for the operation and planning of distributed power generation are yet to be explored. This book deals with distributed energy resources, such as renewable-based distributed generators and energy storage units, among others, considering their operation, scheduling, and planning. Moreover, other interesting aspects such as demand response, electric vehicles, aggregators, and microgrid are also analyzed. All these aspects constitute a new paradigm that is explored in this Special Issue.
Plug In Electric Vehicles in Smart Grids
This book highlights the cutting-edge research on energy management within smart grids with significant deployment of Plug-in Electric Vehicles (PEV). These vehicles not only can be a significant electrical power consumer during Grid to Vehicle (G2V) charging mode, they can also be smartly utilized as a controlled source of electrical power when they are used in Vehicle to Grid (V2G) operating mode. Electricity Price, Time of Use Tariffs, Quality of Service, Social Welfare as well as electrical parameters of the network are all different criteria considered by the researchers when developing energy management techniques for PEVs. Risk averse stochastic energy hub management, maximizing profi...
Data Analytics in Power Markets
This book aims to solve some key problems in the decision and optimization procedure for power market organizers and participants in data-driven approaches. It begins with an overview of the power market data and analyzes on their characteristics and importance for market clearing. Then, the first part of the book discusses the essential problem of bus load forecasting from the perspective of market organizers. The related works include load uncertainty modeling, bus load bad data correction, and monthly load forecasting. The following part of the book answers how much information can be obtained from public data in locational marginal price (LMP)-based markets. It introduces topics such as ...
Handbook of Risk Management in Energy Production and Trading
This book presents an overview of the risks involved in modern electricity production, delivery and trading, including technical risk in production, transportation and delivery, operational risk for the system operators, market risks for traders, and political and other long term risks in strategic management. Using decision making under uncertainty as a methodological background, the book is divided into four parts, with Part I focusing on energy markets, particularly electricity markets. Topics include a nontechnical overview of energy markets and their main properties, basic price models for energy commodity prices, and modeling approaches for electricity price processes. Part II looks at...
