Synopsis  

Contents:

Preface. 1. Market overview in electric power systems. 2. Short-term load forecasting. 3. Electricity price forecasting. 4. Price-based unit commitment. 5. Arbitrage in electricity markets. 6. Market power analysis based on game theory. 7. Generation asset valuation and risk analysis. 8. Security-constrained unit commitment. 9. Ancillary services auction market design. 10. Transmission congestion management and pricing. Appendices. References. Index. This book deals with the implications of electric power deregulation that is causing the restructuring of the largest commodity market in the United States. Electricity is a 200 billion per year market. Implications of the restructuring affect the whole country as well as Canada owing to the interconnection of the Electric Power Grid over all of North America. The primary objectives of the book are to present a background on electricity deregulation, provide insight into new trends in power systems operation and control and highlight advanced topics in electricity markets.

• Paperback
• Publisher: Mohammad Shahidehpour ET AL; Edition: 1 (January 1, 2015)
• Language: English
• ISBN: 978812655824
• Parcel Dimensions: 22.4 x 15.4 x 1.8 cm