Power System Economic and Market Operations

Jin Zhong (The University of Hong Kong, PR of China)

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Hardback

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English

CRC Press Inc
16 January 2018

Electrical power industries; Power generation & distribution

"Power system operation is one of the important issues in the power industry. The book aims to provide readers with the methods and algorithms to save the total cost in electricity generation and transmission. It begins with traditional power systems and builds into the fundamentals of power system operation, economic dispatch (ED), optimal power flow (OPF), and unit commitment (UC). The book covers electricity pricing mechanisms, such as nodal pricing and zonal pricing, based on Security-Constrained ED (SCED) or SCUC. The operation of energy market and ancillary service market are also explored.

""It covers a wide range of interesting topics, which could be very useful for understanding the main phenomena ruling power systems economy (such as Optimal Power Flow analysis and unit Commitments). It addresses topics widely treated in the literature, hence it is important to outline its distinctive features compared to other similar books. The book is well structured and well balanced."" —Alfredo Vaccaro, University of Sannio, Italy"

By: Jin Zhong (The University of Hong Kong PR of China)
Imprint: CRC Press Inc
Country of Publication: United States
Dimensions: Height: 234mm, Width: 156mm,
Weight: 476g
ISBN: 9781482299045
ISBN 10: 1482299046
Pages: 256
Publication Date: 16 January 2018
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Active

Dr. Jin Zhong received her B.Sc. degree from Tsinghua University, Beijing, China, and her Ph.D. degree from Chalmers University of Technology, Gothenburg, Sweden. At present, she is with the Department of Electrical and Electronic Engineering at the University of Hong Kong. Her areas of interest are power system operation, electricity market, ancillary services, power system optimization, smart grid, and renewable energy integration.

Reviews for Power System Economic and Market Operations

It covers a wide range of interesting topics, which could be very useful for understanding the main phenomena ruling power systems economy (such as Optimal Power Flow analysis and unit Commitments). It addresses topics widely treated in the literature, hence it is important to outline its distinctive features compared to other similar books. The book is well structured and well balanced. - Alfredo Vaccaro, University of Sannio, Italy This book focuses on mathematical models in the software guiding the operation of electric power systems for both vertically integrated and market-based systems. It provides readers with full grasp of constraints imposed by the complexity of power system operation, as well as modeling limitation. Such understanding helps possible future improvements in engineering design and operating guidelines when technology further advances. Numerical examples in the book are very useful in illuminating the principles, as well as the way they are applied in practice. The comprehensive coverage and clear exposition of topics make this book an excellent textbook for students and a handy reference for practicing engineers. - Felix Wu, University of California, Berkeley, USA