Download or read book The Cost of Unserved Energy written by Rehana Siddiqui and published by . This book was released on 2011 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Electricity Prices in a Competitive Environment written by Mary Hutzler and published by DIANE Publishing. This book was released on 1998-05 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the events that led to current initiatives to restructure the electric power industry, and the institutional and structural changes that will be required to support the competitive pricing of electricity. Describes the analysis assumptions and methodology. Compares electricity prices under regulation and prices under competition. Discusses the sensitivities of the results to key parameters in the analysis cases. Analyzes the cash flow implications of the new competitive prices for utilities. Extensive charts, tables and graphs.

Download or read book Evaluation of the Marginal Putage Costs in Electric Power Systems written by and published by . This book was released on 1901 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity spot pricing has been advocated in the past few years as a potential method for assigning incremental electricity costs to the time of delivery, and sending appropriate price signals to customers. Marginal outage costs constitute an important component of electricity spot prices. These costs are defined as the change in the expected customer outage costs that are incurred due to an incremental load change. The published literature indicates that the methods currently available for calculating the marginal outage costs utilize approximate economic models which do not take into consideration the stochastic nature of the power system and its effects on these costs. This thesis presents a method based on quantitative power system reliability concepts for calculating the marginal outage costs in electric power systems. This method is based on the premise that the marginal outage costs are expected quantities that depend upon two major factors: the customer economic costs that accompany various outage levels and the effects of load changes on the probabilities that these costs will actually be incurred. The proposed method calculates the marginal outage cost as the product of the incremental expected unserved energy and the average cost of unserved energy. A method for calculating the incremental expected unserved energy in generating and composite generation and transmission systems is developed in this thesis. The average cost of unserved energy is represented by the interrupted energy assessment rate. The proposed method is illustrated in this thesis by application to two reliability test systems in order to show the impact of system size on the robustness of the method and the accuracy of the approximations. In addition to the basic studies, a number of sensitivity analyses are conducted to show the impact of selected modelling assumptions and parameters on the marginal outage cost. The results from the sensitivity analyses are then used to provide recomme.

Download or read book Proceedings of the Tenth Power Systems Computation Conference written by Graz Austria and published by Elsevier. This book was released on 2016-06-06 with total page 1281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proceedings of the Tenth Power Systems Computation Conference

Download or read book Electricity Prices in a Competitive Environment written by United States. Energy Information Administration and published by . This book was released on 1997 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Spot Pricing of Electricity written by Fred C. Schweppe and published by Springer Science & Business Media. This book was released on 2013-03-07 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a need for fundamental changes in the ways society views electric energy. 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. This book presents a complete framework for the establishment of such an energy marketplace. The framework is based on the use of spot prices. In general terms: o An hourly spot price (in dollars per kilowatt hour) reflects the operating and capital costs of generating, transmitting and distributing electric energy. It varies each hour and from place to place. o The spot price based energy marketplace involves a variety of utility-customer transactions (ranging from hourly varying prices to long-term, multiple-year contracts), all of which are based in a consistent manner on hourly spot prices. These transactions may include customers selling to, as well as buying from, the utility. The basic theory and practical implementation issues associated with a spot price based energy marketplace have been developed and discussed through a number of different reports, theses, and papers. Each addresses only a part of the total picture, and often with a somewhat different notation and terminology (which has evolved in parallel with our growing experience). This book was xvii xviii Preface written to serve as a single, integrated sourcebook on the theory and imple mentation of a spot price based energy marketplace.

Download or read book Exploring the Value of Electricity written by P.E. Gellings and published by CRC Press. This book was released on 2020-12-22 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the role electricity plays in sustaining and improving the quality of life. The author elucidates the numerous approaches to estimating value, including electricity’s contribution toward the U.S. Gross Domestic Product; its role in medicine, and its ability to power communications. Traditional measures such the cost of outages, the impact of storms, the cost of restoring power systems after storms, the Value of Lost Load (VOLL), consumer Willingness to Pay (WTP) to avoid outages, and consumer surveys are covered extensively. In addition, the book speculates on life without electricity and how society may have evolved without it.

Download or read book Economics of Power Systems written by Makoto Tanaka and published by Springer Nature. This book was released on 2022-03-28 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the latest microeconomic concepts and operations research (OR) techniques needed to comprehend the design and operation of power markets, as well as the actions of their agents: producers, consumers, operators, and regulators. This is critical when it comes to addressing a constantly evolving power system environment that incorporates an increasing number of no-marginal-cost renewable sources, increasingly competitive storage facilities, increasingly responsive demands, and widespread communication channels that allow distributed decision-making. Such evolving environments call for a re-examination of the microeconomic concepts and OR techniques required by graduate students and practitioners in the electric energy field. This accessible, tutorial-style book features numerous illustrative examples to help readers grasp the economic concepts and OR procedures used by power market professionals. The authors explian these concepts and procedures and present a vision of a renewable-dominated marketplace. Each chapter also includes exercises.

Download or read book Engineering Asset Management written by Joseph Mathew and published by Springer Science & Business Media. This book was released on 2008-02-06 with total page 1261 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is with great pleasure that we welcome you to the inaugural World Congress on Engineering Asset Management (WCEAM) being held at the Conrad Jupiters Hotel on the Gold Coast from July 11 to 14, 2006. More than 170 authors from 28 countries have contributed over 160 papers to be presented over the first three days of the conference. Day four will be host to a series of workshops devoted to the practice of various aspects of Engineering Asset Management. WCEAM is a new annual global forum on the various multidisciplinary aspects of Engineering Asset Management. It deals with the presentation and publication of outputs of research and development activities as well as the application of knowledge in the practical aspects of: strategic asset management risk management in asset management design and life-cycle integrity of physical assets asset performance and level of service models financial analysis methods for physical assets reliability modelling and prognostics information systems and knowledge management asset data management, warehousing and mining condition monitoring and intelligent maintenance intelligent sensors and devices regulations and standards in asset management human dimensions in integrated asset management education and training in asset management and performance management in asset management. We have attracted academics, practitioners and scientists from around the world to share their knowledge in this important emerging transdiscipline that impacts on almost every aspect of daily life.

Download or read book Systems Controls Embedded Systems Energy and Machines written by Richard C. Dorf and published by CRC Press. This book was released on 2017-12-19 with total page 1157 pages. Available in PDF, EPUB and Kindle. Book excerpt: In two editions spanning more than a decade, The Electrical Engineering Handbook stands as the definitive reference to the multidisciplinary field of electrical engineering. Our knowledge continues to grow, and so does the Handbook. For the third edition, it has expanded into a set of six books carefully focused on a specialized area or field of study. Each book represents a concise yet definitive collection of key concepts, models, and equations in its respective domain, thoughtfully gathered for convenient access. Systems, Controls, Embedded Systems, Energy, and Machines explores in detail the fields of energy devices, machines, and systems as well as control systems. It provides all of the fundamental concepts needed for thorough, in-depth understanding of each area and devotes special attention to the emerging area of embedded systems. Each article includes defining terms, references, and sources of further information. Encompassing the work of the world's foremost experts in their respective specialties, Systems, Controls, Embedded Systems, Energy, and Machines features the latest developments, the broadest scope of coverage, and new material on human-computer interaction.

Download or read book Service Opportunities for Electric Utilities Creating Differentiated Products written by Shmuel S. Oren and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph is the proceedings of a symposium held at the University of California at Berkeley, September 12-14, 1990. It was sponsored by the Electric Power Research Institute (EPR!) and by the University of California University-Wide Energy Research Group (UERG). The sympo sium brought together researchers and practitioners from academia, the utility industry, private and public organizations and regulatory agencies to address various challenges and opportunities related to product differen tiation in the electric power industry. Electric utilities are evolving rapidly from commodity-oriented services to product-oriented services. Utilities are offering menus of service options tailored to the needs of different customers. Reliability is one important dimension of electric service that lends itself to such product differentia tion., Options include lower rate curtail able services for industrial cus tomers, higher reliability power for some commercial customers, and load control with rebates for residential customers., These specialized services are a first step toward the product differentiation goal of allowing all customers to choose the type of service best suited to their electricity needs. The symposium provided a forum for in depth examination of the complex planning, development, and implementation issues associated with differ entiated products. Its specific objectives were to: xviii • Review the state of the art in implementing reliability differ entiated electric services. • Address the entire process for developing and implementing reliability differentiated product menus including research, design, marketing, implementation, and evaluation. • Consider technical, economic, and regulatory barriers to imple menting reliability differentiated product design.

Download or read book Exergy Energy System Analysis and Optimization Volume II written by Christos A. Frangopoulos and published by EOLSS Publications. This book was released on 2009-05-13 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exergy, Energy System Analysis, and Optimization theme is a component of the Encyclopedia of Energy Sciences, Engineering and Technology Resources which is part of the global Encyclopedia of Life Support Systems (EOLSS), an integrated compendium of twenty one Encyclopedias. These three volumes are organized into five different topics which represent the main scientific areas of the theme: 1. Exergy and Thermodynamic Analysis; 2. Thermoeconomic Analysis; 3. Modeling, Simulation and Optimization in Energy Systems; 4. Artificial Intelligence and Expert Systems in Energy Systems Analysis; 5. Sustainability Considerations in the Modeling of Energy Systems. Fundamentals and applications of characteristic methods are presented in these volumes. These three volumes are aimed at the following five major target audiences: University and College Students, Educators, Professional Practitioners, Research Personnel and Policy Analysts, Managers, and Decision Makers and NGOs.

Download or read book Scheduling and Operation of Virtual Power Plants written by Ali Zangeneh and published by Elsevier. This book was released on 2022-01-25 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scheduling and Operation of Virtual Power Plants: Technical Challenges and Electricity Markets provides a multidisciplinary perspective on recent advances in VPPs, ranging from required infrastructures and planning to operation and control. The work details the required components in a virtual power plant, including smartness of power system, instrument and information and communication technologies (ICTs), measurement units, and distributed energy sources. Contributors assess the proposed benefits of virtual power plant in solving problems of distributed energy sources in integrating the small, distributed and intermittent output of these units. In addition, they investigate the likely technical challenges regarding control and interaction with other entities. Finally, the work considers the role of VPPs in electricity markets, showing how distributed energy resources and demand response providers can integrate their resources through virtual power plant concepts to effectively participate in electricity markets to solve the issues of small capacity and intermittency. The work is suitable for experienced engineers, researchers, managers and policymakers interested in using VPPs in future smart grids. Explores key enabling technologies and infrastructures for virtual power plants in future smart energy systems Reviews technical challenges and introduces solutions to the operation and control of VPPs, particularly focusing on control and interaction with other power system entities Introduces the key integrating role of VPPs in enabling DER powered participative electricity markets

Download or read book Spot Pricing of Electricity written by Fred C. Schweppe and published by Springer. This book was released on 1988-11-30 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a need for fundamental changes in the ways society views electric energy. 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. This book presents a complete framework for the establishment of such an energy marketplace. The framework is based on the use of spot prices. In general terms: o An hourly spot price (in dollars per kilowatt hour) reflects the operating and capital costs of generating, transmitting and distributing electric energy. It varies each hour and from place to place. o The spot price based energy marketplace involves a variety of utility-customer transactions (ranging from hourly varying prices to long-term, multiple-year contracts), all of which are based in a consistent manner on hourly spot prices. These transactions may include customers selling to, as well as buying from, the utility. The basic theory and practical implementation issues associated with a spot price based energy marketplace have been developed and discussed through a number of different reports, theses, and papers. Each addresses only a part of the total picture, and often with a somewhat different notation and terminology (which has evolved in parallel with our growing experience). This book was xvii xviii Preface written to serve as a single, integrated sourcebook on the theory and imple mentation of a spot price based energy marketplace.

Download or read book Power Distribution System Reliability written by Ali Chowdhury and published by John Wiley & Sons. This book was released on 2011-04-22 with total page 555 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical, hands-on approach to power distribution system reliability As power distribution systems age, the frequency and duration of consumer interruptions will increase significantly. Now more than ever, it is crucial for students and professionals in the electrical power industries to have a solid understanding of designing the reliable and cost-effective utility, industrial, and commercial power distribution systems needed to maintain life activities (e.g., computers, lighting, heating, cooling, etc.). This books fills the void in the literature by providing readers with everything they need to know to make the best design decisions for new and existing power distribution systems, as well as to make quantitative "cost vs. reliability" trade-off studies. Topical coverage includes: Engineering economics Reliability analysis of complex network configurations Designing reliability into industrial and commercial power systems Application of zone branch reliability methodology Equipment outage statistics Deterministic planning criteria Customer interruption for cost models for load-point reliability assessment Isolation and restoration procedures And much more Each chapter begins with an introduction and ends with a conclusion and a list of references for further reading. Additionally, the book contains actual utility and industrial power system design problems worked out with real examples, as well as additional problem sets and their solutions. Power Distribution System Reliability is essential reading for practicing engineers, researchers, technicians, and advanced undergraduate and graduate students in electrical power industries.

Download or read book Power Pooling in the United States written by United States. Office of Electric Power Regulation and published by . This book was released on 1981 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Operation of Market oriented Power Systems written by Yong-Hua Song and published by Springer Science & Business Media. This book was released on 2003-07-31 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: This useful reference allows readers to compare and learn from best-practice and up-to-date information in this exciting field from Europe, the US and Australia. It shows how to overcome day-to-day and strategic engineering problems, rather than concentrating on policy and market-structural issues.