Market Operations in Electric Power Systems: Forecasting, Scheduling, and Risk Management

MOHAMMAD SHAHIDEHPOUR is Professor of Electrical and Computer Engineering at the Illinois Institute of Technology. He is a Fellow of the IEEE and has served as a consultant for major energy companies during the last twenty years. HATIM YAMIN, PhD, is with ABB Energy Information Systems, a global unit of the energy industry worldwide, and has served as a faculty member in the Power Engineering Department at Yarmouk University in Jordan. ZUYI LI, PhD, is with Global Energy Market Solutions, Inc. and has been affiliated with the Electric Power and Power Electronics Center at the Illinois Institute of Technology.

Preface. Chapter 1: Market Overview in Electric Power Systems. Chapter 2: Short--Term Load Forecasting. Chapter 3: Electricity Price Forecasting. Chapter 4: Price--Based Unit Commitment. Chapter 5: Arbitrage in Electricity Markets. Chapter 6: Market Power Analysis Based on Game Theory. Chapter 7: Generation Asset Valuation and Risk Analysis. Chapter 8: Security--Constrained Unit Commitment. Chapter 9: Ancillary Services Auction Market Design. Chapter 10: Transmission Congestion Management and Pricing. Appendix A: List of Symbols. Appendix B: Mathematical Derivation. Appendix C: RTS Load Data. Appendix D: Example Systems Data. Appendix E: Game Theory Concepts. Appendix F: Congestion Charges Calculation. References. Index.