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Computational Auction Mechanisms for Restructured Power Industry Operation
`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.` Spot Pricing of Electricity, Schweppe et al, 1988. Computational Auction Mechanisms for Restructured Power Industry Operation outlines the application of auction methods for all aspects of power system operation, primarily for a competitive environment. A complete description of the industry structure as well as the various markets now being formed is given. A thorough introduction to auction basics is included to explain how auctions have grown in other industries. Auction methods are compared to classical techniques for power system analy...
Power Generation, Operation, and Control
A comprehensive text on the operation and control of power generation and transmission systems In the ten years since Allen J. Wood and Bruce F. Wollenberg presented their comprehensive introduction to the engineering and economic factors involved in operating and controlling power generation systems in electric utilities, the electric power industry has undergone unprecedented change. Deregulation, open access to transmission systems, and the birth of independent power producers have altered the structure of the industry, while technological advances have created a host of new opportunities and challenges. In Power Generation, Operation, and Control, Second Edition, Wood and Wollenberg brin...
Power Generation, Operation, and Control
A thoroughly revised new edition of the definitive work on power systems best practices In this eagerly awaited new edition, Power Generation, Operation, and Control continues to provide engineers and academics with a complete picture of the techniques used in modern power system operation. Long recognized as the standard reference in the field, the book has been thoroughly updated to reflect the enormous changes that have taken place in the electric power industry since the Second Edition was published seventeen years ago. With an emphasis on both the engineering and economic aspects of energy management, the Third Edition introduces central "terminal" characteristics for thermal and hydroe...
Power Systems Restructuring
The writing of this book was largely motivated by the ongoing unprecedented world-wide restructuring of the power industry. This move away from the traditional monopolies and toward greater competition, in the form of increased numbers of independent power producers and an unbundling of the main services that were until now provided by the utilities, has been building up for over a decade. This change was driven by the large disparities in electricity tariffs across regions, by technological developments that make it possible for small producers to compete with large ones, and by a widely held belief that competition will be beneficial in a broad sense. All of this together with the politica...
Strategic Power Plant Investment Planning Under Fuel and Carbon Price Uncertainty
The profitability of power plant investments depends strongly on uncertain fuel and carbon prices. In this doctoral thesis, we combine fundamental electricity market models with stochastic dynamic programming to evaluate power plant investments under uncertainty. The application of interpolation-based stochastic dynamic programming and approximate dynamic programming allows us to consider a greater variety of stochastic fuel and carbon price scenarios compared to other approaches.
Power System Restructuring and Deregulation
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)
Lean Computing for the Cloud
Applies lean manufacturing principles across the cloud service delivery chain to enable application and infrastructure service providers to sustainably achieve the shortest lead time, best quality, and value Applies lean thinking across the cloud service delivery chain to recognize and minimize waste Leverages lessons learned from electric power industry operations to operations of cloud infrastructure Applies insights from just-in-time inventory management to operation of cloud based applications Explains how traditional, Information Technology Infrastructure Library (ITIL) and Enhanced Telecom Operation Map (eTOM) capacity management evolves to lean computing for the cloud
Unconventional Methods for Geoscience, Shale Gas and Petroleum in the 21st Century
Since the turn of the century, geology has advanced dramatically, with materials derived from extra-terrestrial sources meaning that it now encompasses cosmology, and new technologies providing ever more sophisticated possibilities for the conducting of research. This book, Unconventional Methods for Geoscience, Shale Gas and Petroleum in the 21st Century, aims to provide research directions for geology in the 21st century. As Eric Hobsbawm wrote, it is difficult to write the history of one’s own days, and selecting influential methods was no easy task, but an attempt has been made to include the most influential papers that represent the smart geology of the first few decades of the 21st ...
Digital Control of Electrical Drives
Provides broad insights into problems of coding control algorithms on a DSP platform. - Includes a set of Simulink simulation files (source codes) which permits readers to envisage the effects of control solutions on the overall motion control system. -bridges the gap between control analysis and industrial practice.
Transient Stability of Power Systems
The market liberalization is expected to affect drastically the operation of power systems, which under economical pressure and increasing amount of transactions are being operated much closer to their limits than previously. These changes put the system operators faced with rather different and much more problematic scenarios than in the past. They have now to calculate available transfer capabilities and manage congestion problems in a near on line environment, while operating the transmission system under extremely stressed conditions. This requires highly reliable and efficient software aids, which today are non-existent, or not yet in use. One of the most problematic issues, very much needed but not yet en countered today, is on-line dynamic security assessment and control, enabling the power system to withstand unexpected contingencies without experienc ing voltage or transient instabilities. This monograph is devoted to a unified approach to transient stability assessment and control, called SIngle Machine Equivalent (S1ME).
