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

Discover cutting-edge developments in electric power systems

Stemming 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 education

* Modeling electricity markets

* Alternative economic criteria and proactive planning for
transmission investment in deregulated power systems

* Payment cost minimization with demand bids and partial capacity
cost compensations for day-ahead electricity auctions

* Dynamic oligopolistic competition in an electric power network
and impacts of infrastructure disruptions

* Reliability in monopolies and duopolies

* Building an efficient, reliable, and sustainable power
system

* Risk-based power system planning integrating social and economic
direct and indirect costs

* Models for transmission expansion planning based on
reconfiguration 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 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.