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Power grid operation in a market environment: economic efficiency and risk mitigation

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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 theoretical advancements. The book is divided into four parts. The first partsdealss with the fundamentals of integrated systems and market operations, including market power mitigation, market efficiency evaluation, and the implications of operation practices in electricity markets. The second part discusses developing technologies to strengthen the use of the grid in electricity markets. System volatility and economic impact introduced by the intermittencyof 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 presents 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:rn• Describes a new approach for mass market demand response management and introduces new criteria to improve system performance with large scale variable generation additionsrn• Review mathematic models and solution methods of SCUC to help address challenges posed by increased operational uncertainties with high-penetration of renewable resourcesrn• Presents a planning framework to account for the value of operational flexibility in transmission planning and to providemarket mechanism for risk sharing

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Ketersediaan

090101981

Tersedia

Informasi Detil

Judul Seri

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No. Panggil

621.3 032.24

Penerbit

IEEE Press : New Jersey., 2017

Deskripsi Fisik

xix, 260 p.

Bahasa

English

ISBN/ISSN

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Klasifikasi

621.3 032.24

Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

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Subyek

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Info Detil Spesifik

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Pernyataan Tanggungjawab

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Versi lain/terkait

Lampiran Berkas

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