Economic Market Design and Planning for Electric Power Systems (IEEE Press Series on Power Engineering)

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9780470472088: Economic Market Design and Planning for Electric Power Systems (IEEE Press Series on Power Engineering)
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Discover cutting-edge developments in electric power systems

Stemming from cutting-edge research and education activities inthe field of electric power systems, this book brings together theknowledge of a panel of experts in economics, the social sciences,and electric power systems. In ten concise and comprehensiblechapters, the book provides unprecedented coverage of theoperation, 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 fortransmission investment in deregulated power systems

  • Payment cost minimization with demand bids and partial capacitycost compensations for day-ahead electricity auctions

  • Dynamic oligopolistic competition in an electric power networkand impacts of infrastructure disruptions

  • Reliability in monopolies and duopolies

  • Building an efficient, reliable, and sustainable powersystem

  • Risk-based power system planning integrating social and economicdirect and indirect costs

  • Models for transmission expansion planning based onreconfiguration 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 Planningfor Electric Power Systems is an indispensable reference forpolicy-makers, executives and engineers of electric utilities,university faculty members, and graduate students and researchersin control theory, electric power systems, economics, and thesocial sciences.

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About the Author:

James Momoh was chair of the Electrical EngineeringDepartment at Howard University and director of the Center forEnergy Systems and Control. In 1987, Momoh received a NationalScience Foundation (NSF) Presidential Young Investigator Award. Heis a Fellow of the IEEE, a Distinguished Fellow of the NigerianSociety of Engineers (NSE), and a Fellow of the Nigerian Academy ofEngineering (NAE). His current research activities for utilityfirms and government agencies span several areas in systemsengineering, optimization, and energy systems' control ofterrestrial, space, and naval complex and dynamic networks. He hasauthored more than 225 technical papers in refereed journals,transactions, or proceedings, as well as several textbooks.

LAMINE MILI is Professor of Electrical and ComputerEngineering at Virginia Tech. An IEEE Senior Member, Dr. Mili isalso a member of the Institute of Mathematical Statistics and theAmerican Statistical Association. He is a recipient of a 1990 NSFResearch Initiation Award and a 1992 NSF Young Investigator Award.His research interests include risk assessment and management ofcritical infrastructures, cascading failure modeling, power systemplanning, power system analysis and control, electric loadforecasting, bifurcation theory and chaos, nonlinear optimization,and robust statistics as applied to engineering problems. Dr. Miliis the cofounder and coeditor of the International Journal ofCritical Infrastructures.

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Book Description John Wiley and Sons Ltd, United States, 2009. Hardback. Condition: New. Language: English . Brand New Book. Addressing the economic, social, and security aspects of the operation and planning of restructured electric power systems as envisioned by the NSF-ONR EPNES initiative, Economic Market Design and Planning for Electric Power Systems introduces cutting-edge developments in electric power systems operation and control, risk-based power system planning, and electric market design. The book recognizes the importance of the design of robust power networks to achieve sustainable economic growth on a global scale, making it a suitable resource for engineers, faculty members, and students. Seller Inventory # AAH9780470472088

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Book Description John Wiley and Sons Ltd, United States, 2009. Hardback. Condition: New. Language: English . Brand New Book. Addressing the economic, social, and security aspects of the operation and planning of restructured electric power systems as envisioned by the NSF-ONR EPNES initiative, Economic Market Design and Planning for Electric Power Systems introduces cutting-edge developments in electric power systems operation and control, risk-based power system planning, and electric market design. The book recognizes the importance of the design of robust power networks to achieve sustainable economic growth on a global scale, making it a suitable resource for engineers, faculty members, and students. Seller Inventory # AAH9780470472088

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Book Description Wiley-IEEE Press. Hardcover. Condition: New. 292 pages. Dimensions: 9.3in. x 6.3in. x 0.8in.Discover cutting-edge developments in electric power systemsStemming 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 educationModeling electricity marketsAlternative economic criteria and proactive planning for transmission investment in deregulated power systemsPayment cost minimization with demand bids and partial capacity cost compensations for day-ahead electricity auctionsDynamic oligopolistic competition in an electric power network and impacts of infrastructure disruptionsReliability in monopolies and duopoliesBuilding an efficient, reliable, and sustainable power systemRisk-based power system planning integrating social and economic direct and indirect costsModels for transmission expansion planning based on reconfiguration capacitor switchingNext-generation optimization for electric power systemsMost 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. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Hardcover. Seller Inventory # 9780470472088

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