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Discover cutting-edge developments in electric power systems
Stemming from cutting-edge research and education activities in
the field of electric power systems, this book brings together the
knowledge of a panel of experts in economics, the social sciences,
and electric power systems. In ten concise and comprehensible
chapters, the book provides unprecedented coverage of the
operation, control, planning, and design of electric power systems.
It also discusses:
A framework for interdisciplinary research and education
Modeling electricity markets
Alternative economic criteria and proactive planning for
transmission investment in deregulated power systems
Payment cost minimization with demand bids and partial capacity
cost compensations for day-ahead electricity auctions
Dynamic oligopolistic competition in an electric power network
and impacts of infrastructure disruptions
Reliability in monopolies and duopolies
Building an efficient, reliable, and sustainable power
system
Risk-based power system planning integrating social and economic
direct and indirect costs
Models for transmission expansion planning based on
reconfiguration capacitor switching
Next-generation optimization for electric power systems
Most chapters end with a bibliography, closing remarks,
conclusions, or future work. Economic Market Design and Planning
for Electric Power Systems is an indispensable reference for
policy-makers, executives and engineers of electric utilities,
university faculty members, and graduate students and researchers
in control theory, electric power systems, economics, and the
social sciences.
Autorentext
James Momoh was chair of the Electrical Engineering
Department at Howard University and director of the Center for
Energy Systems and Control. In 1987, Momoh received a National
Science Foundation (NSF) Presidential Young Investigator Award. He
is a Fellow of the IEEE, a Distinguished Fellow of the Nigerian
Society of Engineers (NSE), and a Fellow of the Nigerian Academy of
Engineering (NAE). His current research activities for utility
firms and government agencies span several areas in systems
engineering, optimization, and energy systems' control of
terrestrial, space, and naval complex and dynamic networks. He has
authored more than 225 technical papers in refereed journals,
transactions, or proceedings, as well as several textbooks.
LAMINE MILI is Professor of Electrical and Computer
Engineering at Virginia Tech. An IEEE Senior Member, Dr. Mili is
also a member of the Institute of Mathematical Statistics and the
American Statistical Association. He is a recipient of a 1990 NSF
Research Initiation Award and a 1992 NSF Young Investigator Award.
His research interests include risk assessment and management of
critical infrastructures, cascading failure modeling, power system
planning, power system analysis and control, electric load
forecasting, bifurcation theory and chaos, nonlinear optimization,
and robust statistics as applied to engineering problems. Dr. Mili
is the cofounder and coeditor of the International Journal of
Critical Infrastructures.
Zusammenfassung
Discover cutting-edge developments in electric power systems
Stemming from cutting-edge research and education activities in the field of electric power systems, this book brings together the knowledge of a panel of experts in economics, the social sciences, and electric power systems. In ten concise and comprehensible chapters, the book provides unprecedented coverage of the operation, control, planning, and design of electric power systems. It also discusses:
A framework for interdisciplinary research and education
Modeling electricity markets
Alternative economic criteria and proactive planning for transmission investment in deregulated power systems
Payment cost minimization with demand bids and partial capacity cost compensations for day-ahead electricity auctions
Dynamic oligopolistic competition in an electric power network and impacts of infrastructure disruptions
Reliability in monopolies and duopolies
Building an efficient, reliable, and sustainable power system
Risk-based power system planning integrating social and economic direct and indirect costs
Models for transmission expansion planning based on reconfiguration capacitor switching
Next-generation optimization for electric power systems
Most chapters end with a bibliography, closing remarks, conclusions, or future work. Economic Market Design and Planning for Electric Power Systems is an indispensable reference for policy-makers, executives and engineers of electric utilities, university faculty members, and graduate students and researchers in control theory, electric power systems, economics, and the social sciences.
Inhalt
Preface.
Contributors.
1.1 Introduction.
1.2 Power System Challenges.
1.3 Solution of the EPNES Architecture.
1.4 Implementation Strategies for EPNES.
1.5 Test Beds for EPNES.
1.6 Examples of Funded Research Work in Response to the EPNES Solicitation.
1.7 Future Directions of EPNES.
1.8 Conclusions.
Acknowledgements.
Bibliography.
2.1 Introduction.
2.2 The Basic Structure of a Market for Electricity.
2.3 Modeling Strategic Behavior.
2.4 The Locational Marginal Pricing System of PJM.
2.5 LMP Calculation using Adaptive Dynamic Programming.
2.6 Conclusions.
Bibliography.
3.1 Introduction.
3.2 Conflict Optimization Objectives for Network Expansions.
3.3 Policy Implications.
3.4 Proactive Transmission Planning.
3.5 Illustrative Example.
3.6 Conclusions and Future Work.
Bibliography.
Appendix.
4.1 Introduction.
4.2 Literature Review.
4.3 Problem Formulation.
4.4 Solution Methodology.
4.5 Results and Insights.
4.6 Conclusions.
Acknowledgement.
Bibliography.
5.1 Introduction and Motivation.
5.2 Summary and Modeling Approach.
5.3 Model Description.
5.4 Formulation of NCP.
5.5 Numerical Example.
5.6 Conclusions and Future Work.
Acknowledgement.
Appendix: Glossary of Relevant Terms form Electricity Economics.
Bibliography.
6.1 Introduction.
6.2 Modeling Framework.
6.3 Profit Maximization Outcome of a Monopolistic Generator.
6.4 Nash Equilibrium in a Duopolistic Market Structure.
6.5 Social Optimum.
6.6 Comparison of Equilibria and Discussion.
6.7 Asymmetric Maintenance Policies.
6.8 Conclusion.
Acknowledgement.
Bibliography.
7.1 Introduction.
7.2 Overview of Concepts.
7.3 Theoretical Foundations: Theoretical Support for Handling Contingencies.
7.4 Design Methodologies.
…