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Daniel S. Kirschen

Fundamentals of Power System Economics

€ 137.95

Interest in power systems economics is gaining momentum with the recent power supply shortages in America and the rising cost of fossil fuels. The involvement of independent power generators, brokers and distributors has changed the way in which power systems operate.


Taal / Language : English

Inhoudsopgave:
Preface.

1. Introduction.

1. Why Competition?

2. Dramatis Personae.

3. Models of Competition.

4. Open Questions.

5. Further Reading.

6. Problems.

2. Basic Concepts from Economics.

1. Introduction.

2. Fundamentals of Markets.

3. Concepts from the Theory of the Firm.

4. Types of Markets.

5. Markets with Imperfect Competition.

6. Further Reading.

7. Problems.

3. Markets for Electrical Energy.

1. Introduction.

2. What is the Difference between a Megawatt hour and a Barrel of Oil?

3. The Need for a Managed Spot Market.

4. Open Electrical Energy Markets.

5. The Managed Spot Market.

6. The Settlement Process.

7. Further Reading.

8. Problems.

4. Participating in Markets for Electrical Energy.

1. Introduction.

2. The Consumer s Perspective.

3. The Producer s Perspective.

4. Perspective of Plants with Very Low Marginal Costs.

5. The Hybrid Participant s Perspective.

6. Further Reading.

7. Problems.

5. System Security and Ancillary Services.

1. Introduction.

2. Describing the needs.

3. Obtaining Ancillary Services.

4. Buying Ancillary Services.

5. Selling Ancillary Services.

6. Further Reading.

7. Problems.

6. Transmission Networks and Electricity Markets.

1. Introduction.

2. Decentralized Trading over a Transmission Network.

3. Centralized Trading over a Transmission Network.

4. Further Reading.

5. Problems.

7. Investing in Generation.

1. Introduction.

2. Generation Capacity from an Investor s Perspective.

3. Generation Capacity from a Customer s Perspective.

4. Further Reading.

5. Problems.

8. Investing in Transmission.

1. Introduction.

2. The Nature of the Transmission Business.

3. Cost based Transmission Expansion.

4. Value based Transmission Expansion.

5. Further Reading.

6. Problems.

Appendix: Answers to Selected Problems.

Abbreviations and Acronyms.

Index.
Extra informatie: 
Hardback
296 pagina's
Januari 2004
712 gram
252 x 175 x 25 mm
Wiley-Blackwell us

Levertijd: 5 tot 11 werkdagen