Download or read book Restructured Electric Power Systems written by Xiao-Ping Zhang and published by John Wiley & Sons. This book was released on 2010-10-15 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The latest practical applications of electricity market equilibrium models in analyzing electricity markets Electricity market deregulation is driving the power energy production from a monopolistic structure into a competitive market environment. The development of electricity markets has necessitated the need to analyze market behavior and power. Restructured Electric Power Systems reviews the latest developments in electricity market equilibrium models and discusses the application of such models in the practical analysis and assessment of electricity markets. Drawing upon the extensive involvement in the research and industrial development of the leading experts in the subject area, the book starts by explaining the current developments of electrical power systems towards smart grids and then relates the operation and control technologies to the aspects in electricity markets. It explores: The problems of electricity market behavior and market power Mathematical programs with equilibrium constraints (MPEC) and equilibrium problems with equilibrium constraints (EPEC) Tools and techniques for solving the electricity market equilibrium problems Various electricity market equilibrium models State-of-the-art techniques for computing the electricity market equilibrium problems The application of electricity market equilibrium models in assessing the economic benefits of transmission expansions for market environments, forward and spot markets, short-term power system security, and analysis of reactive power impact Also featured are computational resources to allow readers to develop algorithms on their own, as well as future research directions in modeling and computational techniques in electricity market analysis. Restructured Electric Power Systems is an invaluable reference for electrical engineers and power system economists from power utilities and for professors, postgraduate students, and undergraduate students in electrical power engineering, as well as those responsible for the design, engineering, research, and development of competitive electricity markets and electricity market policy.

Download or read book Handbook of Industrial Organization written by and published by Elsevier. This book was released on 2021-12-09 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Industrial Organization Volume 4 highlights new advances in the field, with this new volume presenting interesting chapters. Each chapter is written by an international board of authors. - Part of the renowned Handbooks in Economics series - Chapters are contributed by some of the leading experts in their fields - A source, reference and teaching supplement for industrial organizations or industrial economists

Download or read book Electricity Restructuring in the United States written by Steve Isser and published by Cambridge University Press. This book was released on 2015-04-16 with total page 527 pages. Available in PDF, EPUB and Kindle. Book excerpt: Steve Isser provides a generalist history of electricity policy from the 1978 Energy Policy Act to the present, covering the economic, legal, regulatory, and political issues and controversies in the transition from regulated utilities to competitive electricity markets.

Download or read book Operation of Restructured Power Systems written by Kankar Bhattacharya and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The New Palgrave Dictionary of Economics written by and published by Springer. This book was released on 2016-05-18 with total page 7493 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.

Download or read book Restructured electricity markets California market design enabled exercise of market power written by and published by DIANE Publishing. This book was released on with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book International Handbook on the Economics of Energy written by Lester C. Hunt and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 849 pages. Available in PDF, EPUB and Kindle. Book excerpt: As an essential component for economic growth, energy has a significant impact on the global economy. The need to meet growing energy demand has prompted cutting-edge innovation in clean technology in an attempt to realise environmental and cost objectives, whilst ensuring the security of energy supply. This Handbook offers a comprehensive review of the economics of energy, including contributions from a distinguished array of international specialists. It provides a thorough discussion of the major research issues in this topical field of economics. Themes addressed include the theory of energy supply, demand and policy, empirical modelling of energy demand, holistic energy models, an analysis of coal, gas, electricity, oil and the markets within which they operate, and a discussion of the current key energy policy issues. The topics of pricing, transmission, regulation, security, energy efficiency, new technologies and climate change are also discussed. The International Handbook on the Economics of Energy presents a comprehensive overview of the state-of-the-art research making it an indispensable reference for researchers, advanced students, practitioners and policy-makers alike.

Download or read book Markets for Carbon and Power Pricing in Europe written by Francesco Gullì and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether it concerns environmental economics or law and economics, two areas of science in which I feel well at home, publisher Edward Elgar is a front-runner time and again with relevant and solid publications. This time is no exception, with this book edited by Francesco Gullì. Edwin Woerdman, Tijdschrift voor Energierecht Why do power prices seem to be correlated with the carbon price in some markets and not in others? This crucial question is at the centre of Francesco Gullì s enlightening book, through which the contributing authors investigate a number of related issues. In particular, they explore why power firms are not consistent in passing-through into power prices the opportunity cost of carbon. They also examine the relationship between the pass-through mechanism and the structure of the power market. This informative study brings together and interprets original contributions by leading experts from every EU country. Beginning with an overview of the European Union Emissions Trading System (EU ETS) along with an in-depth analysis of the early results and the theoretical issues involved, the book then goes on to explore the main European power markets via a number of empirical case studies. Overall, this volume offers a genuinely comprehensive analysis on the relationship between carbon and power markets and, as such, will prove a valuable contribution to the debate on the EU ETS and to the literature on the interaction between environmental policy and the structure of environmentally regulated markets. Markets for Carbon and Power Pricing in Europe will be of great interest to researchers and academics within general economics, environmental and energy economics. It will also be warmly welcomed by policymakers, regulators and power sector operators.

Download or read book Economics of Electricity written by Anna Cretì and published by Cambridge University Press. This book was released on 2019-05-30 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains the economics of electricity at each step of the supply chain: production, transportation and distribution, and retail.

Download or read book Handbook of Networks in Power Systems I written by Alexey Sorokin and published by Springer Science & Business Media. This book was released on 2012-03-01 with total page 583 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy has been an inevitable component of human lives for decades. Recent rapid developments in the area require analyzing energy systems not as independent components but rather as connected interdependent networks. The Handbook of Networks in Power Systems includes the state-of-the-art developments that occurred in the power systems networks, in particular gas, electricity, liquid fuels, freight networks, as well as their interactions. The book is separated into two volumes with three sections, where one scientific paper or more are included to cover most important areas of networks in power systems. The first volume covers topics arising in electricity network, in particular electricity markets, smart grid, network expansion, as well as risk management. The second volume presents problems arising in gas networks; such as scheduling and planning of natural gas systems, pricing, as well as optimal location of gas supply units. In addition, the second volume covers the topics of interactions between energy networks. Each subject is identified following the activity on the domain and the recognition of each subject as an area of research. The scientific papers are authored by world specialists on the domain and present either state-of-the-arts reviews or scientific developments.

Download or read book Distributed Energy Resources Management 2018 written by Pedro Faria and published by MDPI. This book was released on 2020-01-21 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Special Issue Distributed Energy Resources Management 2018 includes 13 papers, and is a continuation of the Special Issue Distributed Energy Resources Management. The success of the previous edition shows the unquestionable relevance of distributed energy resources in the operation of power and energy systems at both the distribution level and at the wider power system level. Improving the management of distributed energy resources makes it possible to accommodate the higher penetration of intermittent distributed generation and electric vehicle charging. Demand response programs, namely the ones with a distributed nature, allow the consumers to contribute to the increased system efficiency while receiving benefits. This book addresses the management of distributed energy resources, with a focus on methods and techniques to achieve an optimized operation, in order to aggregate the resources namely in the scope of virtual power players and other types of aggregators, and to remunerate them. The integration of distributed resources in electricity markets is also addressed as an enabler for their increased and efficient use.

Download or read book Understanding Rules of Origin written by Kala Krishna and published by . This book was released on 2005 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper surveys recent work on the economic effects, both theoretical and empirical, of Rules of Origin (RoO) in a Free Trade Area (FTA)"--NBER website

Download or read book Decentralized Charging Coordination of Large scale Plug in Electric Vehicles in Power Systems written by Zhongjing Ma and published by Springer. This book was released on 2019-04-13 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the design of decentralized optimization methods applied to charging strategies for large-scale PEVs in electrical power systems. It studies several classes of charging coordination problems in large-scale PEVs by considering the distinct characteristics of PEV populations and electrical power systems, and subsequently designs decentralized methods based on distinct optimization schemes – such as non-cooperative games, mean-field games, and auction games – to achieve optimal/nearly optimal charging strategies. In closing, several performance aspects of the proposed algorithms, such as their convergence, computational complexity and optimality etc., are rigorously verified and demonstrated in numerical simulations. Given its scope, the book will benefit researchers, engineers, and graduate students in the fields of optimization, game theory, auction games, electrical power systems, etc., and help them design decentralized methods to implement optimal charging strategies in large-scale PEVs.

Download or read book Data Analytics in Power Markets written by Qixin Chen and published by Springer Nature. This book was released on 2021-10-01 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 congestion identification, componential price forecasting, quantifying the impact of forecasting error, and financial transmission right investment. The final part of the book answers how to model the complex market bidding behaviors. Specific works include pattern extraction, aggregated supply curve forecasting, market simulation, and reward function identification in bidding. These methods are especially useful for market organizers to understand the bidding behaviors of market participants and make essential policies. It will benefit and inspire researchers, graduate students, and engineers in the related fields.

Download or read book Power System Restructuring and Deregulation written by Loi Lei Lai and published by John Wiley & Sons. This book was released on 2001-11-28 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: Die Umstrukturierung und Liberalisierung der Stromerzeugung brachte tiefgreifende Veränderungen des Marktes, des Wettbewerbs, der Technologien und nicht zuletzt der gesetzlichen Vorschriften mit sich. Dieser Band konzentriert sich auf die technischen Fortschritte und bespricht derzeit aktuelle Probleme anhand anschaulicher Fallstudien. So werden zum Beispiel neue Verfahren zur Vorhersage der Netzlast erläutert. Von international renommierten Experten geschrieben! (07/00)

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.

Download or read book Applications Challenges and the Future of ChatGPT written by Sharma, Priyanka and published by IGI Global. This book was released on 2024-05-28 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid progress of artificial intelligence (AI) technologies has resulted in a complicated landscape for researchers and practitioners. Understanding and navigating the complexities of AI applications, particularly in the context of ChatGPT and its interactions with other AI tools, can be challenging. Researchers and academics need guidance to keep up with these technologies' evolving trends and implications, which leads to gaps in knowledge and implementation strategies. Additionally, the ethical and societal impacts of integrating AI into various domains remain a significant concern, requiring a comprehensive approach to address. Applications, Challenges, and the Future of ChatGPT provide a comprehensive solution to these issues by offering a detailed analysis of the current research trends in AI, focusing on ChatGPT and its interactions with other AI tools. The book delves into how we can effectively utilize ChatGPT and other AI tools to address complex problems by exploring AI applications' collaborative potentials and emerging paradigms. By identifying research gaps and suggesting future directions, this book equips researchers and practitioners with the knowledge and tools necessary to navigate the evolving landscape of AI.