Provides comprehensive information on swing contracts for flexible reserve provision in wholesale power marketsThis book promotes a linked swing-contract market design for centrally-managed wholesale power markets to facilitate increased reliance on renewable energy resources and demand-side participation. The proposed swing contracts are firm or option two-part pricing contracts permitting resources to offer the future availability of dispatchable power paths (reserve) with broad types of flexibility in their power attributes.A New Swing-Contract Design for Wholesale Power Markets begins with a brief introduction to the subject, followed by two chapters that cover: general goals for wholesale power market design; history, operations, and conceptual concerns for current U.S. RTO/ISO-managed wholesale power markets; and the relationship of the present study to previous swing-contract research. The next eight chapters cover: a general swing-contract formulation for centrally-managed wholesale power markets; illustrative swing-contract reserve offers; inclusion of reserve offers with price swing; inclusion of price-sensitive reserve bids; and extension to a linked collection of swing-contract markets. Operations in current U.S. RTO/ISO-managed markets are reviewed in the following four chapters, and conceptual and practical advantages of the linked swing-contract market design are carefully considered. The book concludes with an examination of two key issues: How might current U.S. RTO/ISO-managed markets transition gradually to a swing-contract form? And how might independent distribution system operators, functioning as linkage entities at transmission and distribution system interfaces, make use of swing contracts to facilitate their participation in wholesale power markets as providers of ancillary services harnessed from distribution-side resources? In summary, this title:* Addresses problems with current wholesale electric power markets by developing a new swing-contract market design from concept to practical implementation* Provides introductory chapters that explain the general principles motivating the new market design, hence why a new approach is required* Develops a new type of swing contract suitable for wholesale power markets with increasing reliance on renewable energy and active demand-side participationA New Swing-Contract Design for Wholesale Power Markets is an ideal book for electric power system professionals and for students specializing in electric power systems.
Covers the latest practices, challenges and theoretical advancements in the domain of balancing economic efficiency and operation risk mitigation This book examines both system operation and market operation perspectives, focusing on the interaction between the two.
This book discusses HVDC grids based on multi-terminal voltage-source converters (VSC), which is suitable for the connection of offshore wind farms and a possible solution for a continent wide overlay grid.
Go in-depth with this comprehensive discussion of distributed energy managementDistributed Energy Management of Electrical Power Systems provides the most complete analysis of fully distributed control approaches and their applications for electric power systems available today. Authored by four respected leaders in the field, the book covers the technical aspects of control, operation management, and optimization of electric power systems.In each chapter, the book covers the foundations and fundamentals of the topic under discussion. It then moves on to more advanced applications. Topics reviewed in the book include:* System-level coordinated control* Optimization of active and reactive power in power grids* The coordinated control of distributed generation, elastic load and energy storage systemsDistributed Energy Management incorporates discussions of emerging and future technologies and their potential effects on electrical power systems. The increased impact of renewable energy sources is also covered.Perfect for industry practitioners and graduate students in the field of power systems, Distributed Energy Management remains the leading reference for anyone with an interest in its fascinating subject matter.
Reviews state-of-the-art technologies in modern heuristic optimization techniques and presents case studies showing how they have been applied in complex power and energy systems problems Written by a team of international experts, this book describes the use of metaheuristic applications in the analysis and design of electric power systems. This includes a discussion of optimum energy and commitment of generation (nonrenewable & renewable) and load resources during day-to-day operations and control activities in regulated and competitive market structures, along with transmission and distribution systems. Applications of Modern Heuristic Optimization Methods in Power and Energy Systems begins with an introduction and overview of applications in power and energy systems before moving on to planning and operation, control, and distribution. Further chapters cover the integration of renewable energy and the smart grid and electricity markets. The book finishes with final conclusions drawn by the editors. Applications of Modern Heuristic Optimization Methods in Power and Energy Systems: Explains the application of differential evolution in electric power systems' active power multi-objective optimal dispatch Includes studies of optimization and stability in load frequency control in modern power systems Describes optimal compliance of reactive power requirements in near-shore wind power plants Features contributions from noted experts in the field Ideal for power and energy systems designers, planners, operators, and consultants, Applications of Modern Heuristic Optimization Methods in Power and Energy Systems will also benefit engineers, software developers, researchers, academics, and students.
Reliable power distribution systems are essential to maintain a functioning society. This book covers the fundamentals of reliability analysis as they apply to the planning and design of utility, industrial, and commercial electric power distribution systems.
Designed to support interactive teaching and computer assisted self-learning, this second edition of Electrical Energy Conversion and Transport is thoroughly updated to address the recent environmental effects of electric power generation and transmission, which have become more important together with the deregulation of the industry.
This book will be focused on the modeling and control of the DFIM based wind turbines. In the first part of the book, the mathematical description of different basic dynamic models of the DFIM will be carried out. It will be accompanied by a detailed steady-state analysis of the machine.
This book offers an analytical overview of established electric generation processes, along with the present status & improvements for meeting the strains of reconstruction. These old methods are hydro-electric, thermal & nuclear power production.
Based on the author's industry experience and collaborative works with other industries, Control of Electric Machine Drive System is packed with implemented, tested, and verified ideas that relate to everyday problems in the field.
Addressing the economic, social, and security aspects of the operation and planning of restructured electric power systems as envisioned by the NSF-ONR EPNES initiative, this book introduces developments in electric power systems operation and control, risk-based power system planning, and electric market design.
Operation and Control of Electric Energy Processing Systems examines and explains the fundamental issues related to control, communications, and social aspects of large-scale electric energy processing systems.
This book offers an introduction to applications of fuzzy system theory to selected areas of electric power engineering. It presents theoretical background material from a practical point of view and then explores a number of applications of fuzzy systems. Most recently, there has been a tremendous surge in research and application articles on this subject. Until now though, there have been no books that put together a practical guide to the fundamentals and applications aspects. "Electric Power Applications of Fuzzy Systems" presents, under one cover, original contributions by authors who have pioneered in the application of fuzzy system theory to the electric power engineering field. Each chapter contains both an introduction to and a state-of-the-art review of each application area.
Bridging the gap between power quality and signal processing This innovative new text brings together two leading experts, one from signal processing and the other from power quality.
With the advent of deregulation of the electric power industry, understanding optimal power flow, locational marginal prices, and the auction of hedging instruments is necessary. All of these involve linear and nonlinear optimization. This book educates the reader about the practical applications of algorithms using Microsoft Excel solver.
The first text to cover all stages of a tidal-electric feasibility study As interest in tidal-electric power generation continues to grow in response to demands for renewable sources of energy, readers can now turn to Elements of Tidal-Electric Engineering for the first comprehensive treatment of the subject. The author, Robert H.
Suitable for students and a solid reference for professionals, this book presents a review of power theories and shows that the instantaneous power theory gives important basic knowledge for the understanding and designing of shunt, series, combined shunt-series power active filters as well as hybrid passive-active power filters.
This book answers the need for a practical, hands-on guide for assessing power stability in real time, rather than in offline simulations. Since the book is primarily geared toward the practical aspects of the subject, theoretical background is reduced to the strictest minimum.
A multidisciplinary introduction to the growing field of Fuel Cell technology. A CD containing MATLAB/SIMULINK-based models for PEMFC, SOFC, and electrolyzer will accompany the book. Covers Fuel Cell modeling and control with distributed power generation applications. .
Risk Assessment of Power Systems addresses the regulations and functions of risk assessment with regard to its relevance in system planning, maintenance, and asset management.
Adapted and updated from the author's classic Electric Power System Design and Analysis, with new material designed for the undergraduate student and professionals new to Power Engineering Each chapter features examples of solved problems as well as problems for students to solve on their own.
Written from a practicing engineer's point of view by one of the pioneers who developed the technology, FACTS Controllers provides a solid foundation to the basics of Flexible Alternating Current Transmission Systems (FACTS).
With the widespread use of EHV equipment in winter environments, winter flashovers at air temperature close to melting point have become a critical design constraint.
Electricity market deregulation is driving power energy production from a monopolistic structure into a competitive market environment. This book reviews the latest developments in analyzing and assessing electricity market behavior and market power, and discusses the application of such models in the practical analysis of electricity markets.
Modeling and High Performance Control of Electric Machines introduces you to both the modeling and control of electric machines. The direct current (DC) machine and the alternating current (AC) machines (induction, PM synchronous, and BLDC) are all covered in detail.
The design of inverters employing Pulse Width Modulation (PWM) to vary the voltage and amplitude of power electronic inverters has evolved over the past forty years. This is the first comprehensive textbook to view the subject as a whole and to clarify and unify the many diverse approaches taken by researchers.
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