Offers textbook coverage, integrating power systems operations and economics

Uses an up-to-date approach, with effective methodologies to solve current power system operation problems

Enables students with limited background in power systems to comprehend both power system operation problems and electricity markets

Walks the reader through the trade-offs of economics vs. security, as operation problems move from day-ahead to several minutes prior to power delivery

Replaces manual calculations with the use of modern software, uses solved examples to introduce new concepts and exercises to test mastery of them

Offers textbook coverage, integrating power systems operations and economics Uses an up-to-date approach, with effective methodologies to solve current power system operation problems Enables students with limited background in power systems to comprehend both power system operation problems and electricity markets Walks the reader through the trade-offs of economics vs. security, as operation problems move from day-ahead to several minutes prior to power delivery Replaces manual calculations with the use of modern software, uses solved examples to introduce new concepts and exercises to test mastery of them Includes supplementary material: sn.pub/extras

Autorentext

Antonio J. Conejo, professor at The Ohio State University, OH, US, received an M.S. from MIT, US, and a Ph.D. from the Royal Institute of Technology, Sweden. He has published over 190 papers in SCI journals and is the author or coauthor of books published by Springer, John Wiley, McGraw-Hill and CRC. He has been the principal investigator of many research projects financed by public agencies and the power industry and has supervised 20 PhD theses. He is an IEEE Fellow.

Luis Baringo, associate professor at the Universidad de Castilla-La Mancha, Ciudad Real, Spain, received his Industrial Engineering degree and his PhD in Electrical Engineering from the Universidad de Castilla-La Mancha, Spain, in 2009 and 2013, respectively. In 2014, he was a postdoctoral researcher at the Power Systems Laboratory, ETH Zurich, Switzerland. His research interests are in the fields of planning, operations, and economics of power systems.

Inhalt

Introduction.- Power system fundamentals: balanced three-phase circuits.- Power system components: models.- Power system steady-state operation: power flow.- Identifying the state of the power system: state estimation.- Power system secure operation: optimal power flow.- Centralized markets (à la US): day-ahead operation.- Decentralized markets (à la EU): day-ahead operation.