000 07548nam a2200673 i 4500
001 8068869
003 IEEE
005 20220712205954.0
006 m o d
007 cr |n|||||||||
008 171030s2017 mau ob 001 eng d
019 _a1002848026
020 _a9781119179382
_qelectronic bk.
020 _a9781119179375
020 _a1119179378
020 _a9781119179368
020 _z9781119179351
_qprint
020 _a111917936X
020 _z1119179386
_qelectronic bk.
024 7 _a10.1002/9781119179382
_2doi
035 _a(CaBNVSL)mat08068869
035 _a(IDAMS)0b00006485f7747e
040 _aCaBNVSL
_beng
_erda
_cCaBNVSL
_dCaBNVSL
050 4 _aHD9697.A2
_bL56 2017eb
082 0 4 _a333.793/23
100 1 _aLin, Jeremy,
_eauthor.
_929181
245 1 0 _aElectricity markets :
_btheories and applications /
_cJeremy Lin, Fernando H. Magnago.
264 1 _aSomerset :
_bJohn Wiley & Sons, Incorporated,
_c2017.
264 2 _a[Piscataqay, New Jersey] :
_bIEEE Xplore,
_c[2017]
300 _a1 PDF (348 pages).
336 _atext
_2rdacontent
337 _aelectronic
_2isbdmedia
338 _aonline resource
_2rdacarrier
490 1 _aIEEE Press Series on Power Engineering
500 _a5.7.1 Total and Incremental Loss Calculation
505 0 _aFront Matter -- Introduction -- Electric Power System -- Microeconomic Theories -- Power System Unit Commitment -- Power System Economic Dispatch -- Optimal Power Flow -- Design, Structure, and Operation of an Electricity Market -- Pricing, Modeling, and Simulation of an Electricity Market -- Evaluation of an Electricity Market -- Transmission Planning Under Electricity Market Regime -- Electricity Market under a Future Grid -- IEEE Press Series on Power Engineering
505 0 _aElectricity Markets; Contents; About the Authors; Preface; 1 Introduction; 1.1 Electric Power System; 1.2 Electricity Industry Restructuring in the United States; 1.2.1 Key Drivers for Electricity Industry Restructuring; 1.2.2 Pre-Federal Energy Regulatory Commission Order 2000; 1.2.3 Post-Federal Energy Regulatory Commission Order 2000; 1.2.4 Regional Transmission Organization; 1.2.5 Post-Regional Transmission Organization; 1.3 Electricity Industry Restructuring in Latin America; 1.3.1 Chile; 1.3.2 Argentina; 1.3.3 Brazil; 1.3.4 Mexico; 1.4 Electricity Industry Restructuring in Europe
505 8 _a1.4.1 The United Kingdom1.4.2 Nordic Countries; 1.4.3 France; 1.5 Electricity Industry Restructuring in Asia; 1.5.1 South Korea; 1.6 Reliability as a Paramount Goal; 1.6.1 Reliability via the Electricity Market Mechanism; 1.7 Further Discussions; Further Reading; 2 Electric Power System; 2.1 Electric Power System Components; 2.2 Electricity Generation; 2.3 Power System Load; 2.4 Transmission Lines; 2.4.1 Structures and Types of Transmission Lines; 2.4.2 Electrical Parameters of Transmission Lines; 2.4.3 Electric Network Models of Transmission Lines; 2.5 Power Transformers
505 8 _a2.6 Synchronous Generators2.7 Network Analysis; 2.7.1 Impedance Diagram; 2.7.2 Bus Admittance Matrix; 2.7.3 Power Flow Analysis; 2.7.4 Control of Power Flow; Further Reading; 3 Microeconomic Theories; 3.1 Preliminaries; 3.2 Theory of Consumer Behavior; 3.2.1 Individual and Market Demand; 3.2.2 Consumer Surplus; 3.3 Theory of a Firm; 3.3.1 Profit Maximization Assumption; 3.3.2 Cost of Production; 3.3.3 Demand and Marginal Revenue for a Competitive Firm; 3.3.4 Choosing Output in the Short Run; 3.3.5 Producer Surplus; 3.3.6 Social Welfare; 3.4 Theory of a Market; 3.4.1 Perfect Competition
505 8 _a3.4.2 Pure Monopoly3.4.3 Monopolistic Competition; 3.4.4 Monopsony; 3.5 Game Theory; 3.5.1 Nash Equilibrium; 3.5.2 Bayesian Nash Equilibrium; 3.6 Oligopoly; 3.6.1 Cournot Model; 3.6.2 Stackelberg Model; 3.6.3 Bertrand Model; 3.6.4 Collusion Model; 3.7 Auction Theory; 3.8 Further Discussions; Further Reading; 4 Power System Unit Commitment; 4.1 Introduction; 4.2 Unit Commitment; 4.3 Mathematical Formulation for Unit Commitment; 4.4 Numerical Methods for Unit Commitment Problem; 4.4.1 Heuristic Methods; 4.4.2 Dynamic Programming; 4.4.3 Dual Methods: Lagrange Relaxation
505 8 _a4.4.4 Mixed Integer Programming Method4.5 New Challenges for UC Problem; Further Reading; 5 Power System Economic Dispatch; 5.1 Introduction; 5.2 Generation Cost; 5.2.1 Input-Output Curve; 5.2.2 Fuel Cost Curve; 5.2.3 Heat Rate Curve; 5.2.4 Incremental Cost Curve; 5.3 Mathematical Formulation for Economic Dispatch; 5.4 Economic Dispatch Problem; 5.5 Lossless Economic Dispatch Formulation; 5.6 Numerical Methods for Economic Dispatch; 5.6.1 Lambda Iteration Method; 5.6.2 Newton-Raphson Method; 5.6.3 Reduced Gradient Methods; 5.7 Inclusion of Transmission Losses
506 _aRestricted to subscribers or individual electronic text purchasers.
520 _a A comprehensive resource that provides the basic concepts of electric power systems, microeconomics, and optimization techniques Electricity Markets: Theories and Applications offers students and practitioners a clear understanding of the fundamental concepts of the economic theories, particularly microeconomic theories, as well as information on some advanced optimization methods of electricity markets. The authors - noted experts in the field - cover the basic drivers for the transformation of the electricity industry in both the United States and around the world and discuss the fundamentals of power system operation, electricity market design and structures, and electricity market operations. The text also explores advanced topics of power system operations and electricity market design and structure including zonal versus nodal pricing, market performance and market power issues, transmission pricing, and the emerging problems electricity markets face in smart grid and micro-grid environments. The authors also examine system planning under the context of electricity market regime. They explain the new ways to solve problems with the tremendous amount of economic data related to power systems that is now available. This important resource: . Introduces fundamental economic concepts necessary to understand the operations and functions of electricity markets. Presents basic characteristics of power systems and physical laws governing operation. Includes mathematical optimization methods related to electricity markets and their applications to practical market clearing issues Electricity Markets: Theories and Applications is an authoritative text that explores the basic concepts of the economic theories and key information on advanced optimization methods of electricity markets.
530 _aAlso available in print.
538 _aMode of access: World Wide Web
588 _aDescription based upon print version of record.
650 0 _aElectric industries.
_929182
650 0 _aElectric utilities.
_926199
650 7 _aElectric industries.
_2fast
_929182
650 7 _aElectric utilities.
_2fast
_926199
655 0 _aElectronic books.
_93294
700 1 _aMagnago, Fernando H.
_929183
710 2 _aIEEE Xplore (Online Service),
_edistributor.
_929184
710 2 _aWiley,
_epublisher.
_929185
776 0 8 _iPrint version:
_aLin, Jeremy
_tElectricity Markets : Theories and Applications
_dSomerset : John Wiley & Sons, Incorporated,c2017
_z9781119179351
830 0 _aIEEE Press series on power engineering.
_97125
856 4 2 _3Abstract with links to resource
_uhttps://ieeexplore.ieee.org/xpl/bkabstractplus.jsp?bkn=8068869
942 _cEBK
999 _c74527
_d74527