Price-based Commitment Decisions in the Electricity Market
Seiten
1998
Springer London Ltd (Verlag)
978-1-85233-069-9 (ISBN)
Springer London Ltd (Verlag)
978-1-85233-069-9 (ISBN)
With major structural changes will need to be thoroughly reexamined. This book discusses decision making for problems where a particular decision affects the options available at the next decision time. The deregulation of the electric utility industry will shift the emphasis from a cost-based to a price-based approach; the resulting occuring in the electric power industry, many long-standing ways of operation increase in uncertainty requires that a stochastic approach be adopted for optimal decision-making. This monograph covers a wide range of topics including dynamic programming, ordinal optimization, price modelling and forecasting, future market decisions, reserve market decisions and decisions in a congested market place.
Introduction; The Unit Commitment Problem; Unit Commitment in a Deregulated Environment; Survey of the Dynamic Programming Formulation; Unit Commitment for an Individual Power Producer; Price Process of Electricity; Computational Complexity of Unit Commitment; Forward Contracts and Futures; Reserve Markets for Power System Reliability; Unit Commitment in Congested Transmission Systems.
Reihe/Serie | Advances in Industrial Control |
---|---|
Zusatzinfo | figures, references |
Verlagsort | England |
Sprache | englisch |
Einbandart | gebunden |
Themenwelt | Technik ► Elektrotechnik / Energietechnik |
Technik ► Fahrzeugbau / Schiffbau | |
Technik ► Luft- / Raumfahrttechnik | |
Technik ► Maschinenbau | |
ISBN-10 | 1-85233-069-4 / 1852330694 |
ISBN-13 | 978-1-85233-069-9 / 9781852330699 |
Zustand | Neuware |
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