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Power Grid Operation in a Market Environment: Economic Efficiency and Risk Mitigation by Hong Chen (Hardcover, 2016)

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Covers the latest practices, challenges and theoretical advancements in the domain of balancing economic efficiency and operation risk mitigation This book examines both system operation and market operation perspectives, focusing on the interaction between the two. It incorporates up-to-date field experiences, presents challenges, and summarizes the latest theoretic advancements to address those challenges. The book is divided into four parts. The first part deals with the fundamentals of integrated system and market operations, including market power mitigation, market efficiency evaluation, and the implications of operation practices in energy markets. The second part discusses developing technologies to strengthen the use of the grid in energy markets. System volatility and economic impact introduced by the intermittency of wind and solar generation are also addressed. The third part focuses on stochastic applications, exploring new approaches of handling uncertainty in Security Constrained Unit Commitment (SCUC) as well as the reserves needed for power system operation. The fourth part provides ongoing efforts of utilizing transmission facilities to improve market efficiency, via transmission topology control, transmission switching, transmission outage scheduling, and advanced transmission technologies. Besides the state-of-the-art review and discussion on the domain of balancing economic efficiency and operation risk mitigation, this book: Describes a new approach for mass market demand response management, and introduces new criteria to improve system performance with large scale variable generation additions Reviews mathematic models and solution methods of SCUC to help address challenges posed by increased operational uncertainties with high-penetration of renewable resources Presents a planning framework to account for the value of operational flexibility in transmission planning and to provide market mechanism for risk sharing Power Grid Operations in a Market Environment: Economic Efficiency and Risk Mitigation is a timely reference for power engineers and researchers, electricity market traders and analysts, and market designers.

Product Identifiers

Publisher
John Wiley & Sons INC International Concepts
ISBN-13
9781118984543
eBay Product ID (ePID)
228906045

Product Key Features

Subject Area
Electrical Engineering
Author
Hong Chen
Publication Name
Power Grid Operation in a Market Environment: Economic Efficiency and Risk Mitigation
Format
Hardcover
Language
English
Publication Year
2016
Type
Textbook
Number of Pages
288 Pages

Dimensions

Item Height
234mm
Item Width
161mm
Item Weight
530g

Additional Product Features

Series Title
Ieee Press Series on Power Engineering
Country/Region of Manufacture
United States
Editor
Hong Chen

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Power Grid Operation in a Market Environment: Economic Efficiency and Risk Mitigation by Hong Chen (Hardcover, 2016)

All listings for this product

item 1 Power Grid Operation in a Market Environment : Economic Efficiency and Risk M...

item 2 Power Grid Operation in a Market Environment : Economic Efficiency and Risk M...

item 3 Power Grid Operation in a Market Environment Econo

item 4 Power Grid Operation in a Market Environment - 9781118984543

item 5 Power Grid Operation in a Market Environment Economic Efficienc... 9781118984543

item 6 Power Grid Operation in a Market Environment: E, Chen^+

item 7 Hong Chen Power Grid Operation in a Market Environment (Hardback)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

Best-selling in Adult Learning & University

Secrets Of Mental Math: The Mathemagician's Guide to Lightening Calculation and Amazing Maths Tricks by Arthur Benjamin, Michael Shermer (Paperback, 2006)

Behave: The Biology of Humans at Our Best and Worst by Robert M Sapolsky (Paperback, 2018)

Never Split the Difference: Negotiating as if Your Life Depended on It by Chris Voss, Tahl Raz (Paperback, 2017)

Code of Practice for In-service Inspection and Testing of Electrical Equipment by The Institution of Engineering and Technology (Paperback, 2020)

Ordinary Men: Reserve Police Battalion 11 and the Final Solution in Poland by Christopher R Browning (Paperback, 2001)

The Ethnic Cleansing of Palestine by Ilan Pappe (Paperback, 2007)

The Falsification of History: Our Distorted Reality by John Hamer (Paperback, 2013)

Save on Adult Learning & University

The Seven Wonders of the Ancient World by Bettany Hughes. Hardcover. New

KS1 English Targeted Practice Book Handwriting Year 1 Ideal For Catch Up And Le

BRAND NEW AQA GCSE Physics Student Book (AQA GCSE Science 3rd Edition).

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