Overview
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.
Full Product Details
Author: Jeremy Lin ,
Fernando H. Magnago
Publisher: John Wiley & Sons Inc
Imprint: Wiley-IEEE Press
Dimensions:
Width: 15.00cm
, Height: 2.80cm
, Length: 23.10cm
Weight: 0.590kg
ISBN: 9781119179351
ISBN 10: 1119179351
Pages: 352
Publication Date: 01 December 2017
Audience:
Professional and scholarly
,
Professional & Vocational
Format: Hardback
Publisher's Status: Active
Availability: Out of stock
The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available.
Author Information
JEREMY LIN, PhD, is a Senior Engineer at PJM Interconnection. Dr. Lin also consults with a number of electric utilities and electricity market operators around the world on emerging issues, particularly on electricity markets. FERNANDO H. MAGNAGO is a Professor at the National University of Rio Cuarto, Argentina, and Application Manager for Nexant Inc., USA. He is also a Senior Member of the IEEE. Dr. Magnago has contributed to over fifty journal papers on the topic of power systems.
