Market Operations in Electric Power Systems : Forecasting, Scheduling, and Risk Management
Editorial Reviews
Review
"...an excellent work.... Readers will be impressed with the comprehensive approach and clear, readable presentation of material...highly recommended..." (Choice, Vol. 40, No. 3, November 2002)
Book Description
An essential overview of post-deregulation market operations in electrical power systems
Until recently the U.S. electricity industry was dominated by vertically integrated utilities. It is now evolving into a distributive and competitive market driven by market forces and increased competition. With electricity amounting to a $200 billion per year market in the United States, the implications of this restructuring will naturally affect the rest of the world.
Why is restructuring necessary? What are the components of restructuring? How is the new structure different from the old monopoly? How are the participants strategizing their options to maximize their revenues? What are the market risks and how are they evaluated? How are interchange transactions analyzed and approved? Starting with a background sketch of the industry, this hands-on reference provides insights into the new trends in power systems operation and control, and highlights advanced issues in the field.
Written for both technical and nontechnical professionals involved in power engineering, finance, and marketing, this must-have resource discusses:
Using real-world case studies, this timely survey offers engineers, consultants, researchers, financial managers, university professors and students, and other professionals in the industry a comprehensive review of electricity restructuring and how its radical effects will shape the market.
Market Operations in Electric Power Systems : Forecasting, Scheduling, and Risk Management
Market Operations in Electric Power Systems : Forecasting, Scheduling, and Risk Management,M. Shahidehpour,H. Yamin,Zuyi Li,Wiley-IEEE Press,0471443379,Business / Economics / Finance,Deregulation,Electric Power Systems,Electric utilities,Engineering - Electrical & Electronic,Forecasting,Industries - Energy Industries,Science/Mathematics,Structural Adjustment,Technology,United States,Electrical engineering,Electrical power industries,Technology / Power Resources,USA
English Books:
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