Mathematical Modelling of Contemporary Electricity Markets

Mathematical Modelling of Contemporary Electricity Markets
Author: Athanasios Dagoumas
Publsiher: Academic Press
Total Pages: 442
Release: 2021-01-29
ISBN 10: 0128218398
ISBN 13: 9780128218396
Language: EN, FR, DE, ES & NL

Mathematical Modelling of Contemporary Electricity Markets Book Review:

Mathematical Modelling of Contemporary Electricity Markets reviews major methodologies and tools to accurately analyze and forecast contemporary electricity markets in a ways that is ideal for practitioner and academic audiences. Approaches include optimization, neural networks, genetic algorithms, co-optimization, econometrics, E3 models and energy system models. The work examines how new challenges affect power market modeling, including discussions of stochastic renewables, price volatility, dynamic participation of demand, integration of storage and electric vehicles, interdependence with other commodity markets and the evolution of policy developments (market coupling processes, security of supply). Coverage addresses all major forms of electricity markets: day-ahead, forward, intraday, balancing, and capacity. Provides a diverse body of established techniques suitable for modeling any major aspect of electricity markets Familiarizes energy experts with the quantitative skills needed in competitive electricity markets Reviews market risk for energy investment decisions by stressing the multi-dimensionality of electricity markets

The Economics of Electricity Markets

The Economics of Electricity Markets
Author: Darryl R. Biggar,Mohammad Reza Hesamzadeh
Publsiher: John Wiley & Sons
Total Pages: 432
Release: 2014-07-10
ISBN 10: 1118775724
ISBN 13: 9781118775721
Language: EN, FR, DE, ES & NL

The Economics of Electricity Markets Book Review:

Bridges the knowledge gap between engineering and economics in a complex and evolving deregulated electricity industry, enabling readers to understand, operate, plan and design a modern power system With an accessible and progressive style written in straight-forward language, this book covers everything an engineer or economist needs to know to understand, operate within, plan and design an effective liberalized electricity industry, thus serving as both a useful teaching text and a valuable reference. The book focuses on principles and theory which are independent of any one market design. It outlines where the theory is not implemented in practice, perhaps due to other over-riding concerns. The book covers the basic modelling of electricity markets, including the impact of uncertainty (an integral part of generation investment decisions and transmission cost-benefit analysis). It draws out the parallels to the Nordpool market (an important point of reference for Europe). Written from the perspective of the policy-maker, the first part provides the introductory background knowledge required. This includes an understanding of basic economics concepts such as supply and demand, monopoly, market power and marginal cost. The second part of the book asks how a set of generation, load, and transmission resources should be efficiently operated, and the third part focuses on the generation investment decision. Part 4 addresses the question of the management of risk and Part 5 discusses the question of market power. Any power system must be operated at all times in a manner which can accommodate the next potential contingency. This demands responses by generators and loads on a very short timeframe. Part 6 of the book addresses the question of dispatch in the very short run, introducing the distinction between preventive and corrective actions and why preventive actions are sometimes required. The seventh part deals with pricing issues that arise under a regionally-priced market, such as the Australian NEM. This section introduces the notion of regions and interconnectors and how to formulate constraints for the correct pricing outcomes (the issue of "constraint orientation"). Part 8 addresses the fundamental and difficult issue of efficient transmission investment, and finally Part 9 covers issues that arise in the retail market. Bridges the gap between engineering and economics in electricity, covering both the economics and engineering knowledge needed to accurately understand, plan and develop the electricity market Comprehensive coverage of all the key topics in the economics of electricity markets Covers the latest research and policy issues as well as description of the fundamental concepts and principles that can be applied across all markets globally Numerous worked examples and end-of-chapter problems Companion website holding solutions to problems set out in the book, also the relevant simulation (GAMS) codes

Social Impacts of Smart Grids

Social Impacts of Smart Grids
Author: Wadim Strielkowski
Publsiher: Elsevier
Total Pages: 342
Release: 2019-10-22
ISBN 10: 0128177705
ISBN 13: 9780128177709
Language: EN, FR, DE, ES & NL

Social Impacts of Smart Grids Book Review:

Social Impacts of Smart Grids: The Future of Smart Grids and Energy Market Design explores the significant, unexplored societal consequences of our meteoric evolution towards intelligent, responsive and sustainable power generation and distribution systems-the so-called 'smart grid'. These consequences include new patterns of consumption behavior, systems planning under increasing uncertainty, and the ever- growing complexities involved. The work covers the historical impact of the transformation, examines the changing role of production and consumption behavior, articulates the principles and options for socially responsible smart grid power market design, and explores social acceptance of the smart grid. Where relevant, it examines adjacent literatures from P2P electricity markets, electric vehicles, smart homes and smart cities, and related 'internet of energy' developments. Finally, it provides insights into mitigating the likely social consequences of our integrated low-carbon energy future. Evaluates the connections between the concept of sustainability and the social impacts of the smart grids Analyzes emerging trends in smart grids connected with trends towards the sharing economy Investigates environmental degradation awareness and environmental stewardship goals associated with smart grids Explores how to mitigate social challenges with effective smart grid power market design Integrates energy stewardship and social acceptance literatures into the discussion of the smart grid

Analytic Research Foundations for the Next Generation Electric Grid

Analytic Research Foundations for the Next Generation Electric Grid
Author: National Academies of Sciences, Engineering, and Medicine,Division on Engineering and Physical Sciences,Board on Mathematical Sciences and Their Applications,Committee on Analytical Research Foundations for the Next-Generation Electric Grid
Publsiher: National Academies Press
Total Pages: 161
Release: 2016-05-15
ISBN 10: 0309392314
ISBN 13: 9780309392310
Language: EN, FR, DE, ES & NL

Analytic Research Foundations for the Next Generation Electric Grid Book Review:

Electricity is the lifeblood of modern society, and for the vast majority of people that electricity is obtained from large, interconnected power grids. However, the grid that was developed in the 20th century, and the incremental improvements made since then, including its underlying analytic foundations, is no longer adequate to completely meet the needs of the 21st century. The next-generation electric grid must be more flexible and resilient. While fossil fuels will have their place for decades to come, the grid of the future will need to accommodate a wider mix of more intermittent generating sources such as wind and distributed solar photovoltaics. Achieving this grid of the future will require effort on several fronts. There is a need for continued shorter-term engineering research and development, building on the existing analytic foundations for the grid. But there is also a need for more fundamental research to expand these analytic foundations. Analytic Research Foundations for the Next-Generation Electric Grid provide guidance on the longer-term critical areas for research in mathematical and computational sciences that is needed for the next-generation grid. It offers recommendations that are designed to help direct future research as the grid evolves and to give the nation's research and development infrastructure the tools it needs to effectively develop, test, and use this research.

Decision Making Applications in Modern Power Systems

Decision Making Applications in Modern Power Systems
Author: Shady H.E. Abdel Aleem,Almoataz Youssef Abdelaziz,Ahmed F. Zobaa,Ramesh Bansal
Publsiher: Academic Press
Total Pages: 576
Release: 2019-09-21
ISBN 10: 0128166266
ISBN 13: 9780128166260
Language: EN, FR, DE, ES & NL

Decision Making Applications in Modern Power Systems Book Review:

Decision Making Applications in Modern Power Systems presents an enhanced decision-making framework for power systems. Designed as an introduction to enhanced electricity system analysis using decision-making tools, it provides an overview of the different elements, levels and actors involved within an integrated framework for decision-making in the power sector. In addition, it presents a state-of-play on current energy systems, strategies, alternatives, viewpoints and priorities in support of decision-making in the electric power sector, including discussions of energy storage and smart grids. As a practical training guide on theoretical developments and the application of advanced methods for practical electrical energy engineering problems, this reference is ideal for use in establishing medium-term and long-term strategic plans for the electric power and energy sectors. Provides panoramic coverage of state-of-the-art energy systems, strategies and priorities in support of electrical power decision-making Introduces innovative research outcomes, programs, algorithms and approaches to address challenges in understanding, creating and managing complex techno-socio-economic engineering systems Includes practical training on theoretical developments and the application of advanced methods for realistic electrical energy engineering problems

Algorithmic and High Frequency Trading

Algorithmic and High Frequency Trading
Author: Álvaro Cartea,Sebastian Jaimungal,José Penalva
Publsiher: Cambridge University Press
Total Pages: 356
Release: 2015-08-06
ISBN 10: 1107091144
ISBN 13: 9781107091146
Language: EN, FR, DE, ES & NL

Algorithmic and High Frequency Trading Book Review:

A straightforward guide to the mathematics of algorithmic trading that reflects cutting-edge research.

Recent Progress and Modern Challenges in Applied Mathematics Modeling and Computational Science

Recent Progress and Modern Challenges in Applied Mathematics  Modeling and Computational Science
Author: Roderick Melnik,Roman Makarov,Jacques Belair
Publsiher: Springer
Total Pages: 444
Release: 2017-09-05
ISBN 10: 1493969692
ISBN 13: 9781493969692
Language: EN, FR, DE, ES & NL

Recent Progress and Modern Challenges in Applied Mathematics Modeling and Computational Science Book Review:

This volume is an excellent resource for professionals in various areas of applications of mathematics, modeling, and computational science. It focuses on recent progress and modern challenges in these areas. The volume provides a balance between fundamental theoretical and applied developments, emphasizing the interdisciplinary nature of modern trends and detailing state-of-the-art achievements in Applied Mathematics, Modeling, and Computational Science. The chapters have been authored by international experts in their respective fields, making this book ideal for researchers in academia, practitioners, and graduate students. It can also serve as a reference in the diverse selected areas of applied mathematics, modelling, and computational sciences, and is ideal for interdisciplinary collaborations.

Energy Research Abstracts

Energy Research Abstracts
Author: Anonim
Publsiher: Unknown
Total Pages: 329
Release: 1980-12
ISBN 10:
ISBN 13: PSU:000022458506
Language: EN, FR, DE, ES & NL

Energy Research Abstracts Book Review:

Electricity Markets

Electricity Markets
Author: Sayyad Nojavan,Kazem Zare
Publsiher: Springer Nature
Total Pages: 270
Release: 2020-03-10
ISBN 10: 303036979X
ISBN 13: 9783030369798
Language: EN, FR, DE, ES & NL

Electricity Markets Book Review:

This book analyzes new electricity pricing models that consider uncertainties in the power market due to the changing behavior of market players and the implementation of renewable distributed generation and responsive loads. In-depth chapters examine the different types of market players including the generation, transmission, and distribution companies, virtual power plants, demand response aggregators, and energy hubs and microgrids. Expert authors propose optimal operational models for short-term performance and scheduling and present readers with solutions for pricing challenges in uncertain environments. This book is useful for engineers, researchers and students involved in integrating demand response programs into smart grids and for electricity market operation and planning. Proposes optimal operation models; Discusses the various players in today's electricity markets; Describes the effects of demand response programs in smart grids.

New Visions of Community in Contemporary American Fiction

New Visions of Community in Contemporary American Fiction
Author: Magali Cornier Michael
Publsiher: University of Iowa Press
Total Pages: 256
Release: 2006-12-01
ISBN 10: 9781587295058
ISBN 13: 1587295059
Language: EN, FR, DE, ES & NL

New Visions of Community in Contemporary American Fiction Book Review:

In this engaging, optimistic close reading of five late twentieth-century novels by American women, Magali Cornier Michael illuminates the ways in which their authors engage with ideas of communal activism, common commitment, and social transformation. The fictions she examines imagine coalition building as a means of moving toward new forms of nonhierarchical justice; for ethnic cultures that, as a result of racist attitudes, have not been assimilated, power with each other rather than power over each other is a collective goal.Michael argues that much contemporary American fiction by women offers models of care and nurturing that move away from the private sphere toward the public and political. Specifically, texts by women from such racially marked ethnic groups as African American, Asian American, Native American, and Mexican American draw from the rich systems of thought, histories, and experiences of these hybrid cultures and thus offer feminist and ethical revisions of traditional concepts of community, coalition, subjectivity, and agency.Focusing on Amy Tan’s The Joy Luck Club, Barbara Kingsolver’s The Bean Trees and Pigs in Heaven, Ana Castillo’s So Far from God, and Toni Morrison’s Paradise, Michael shows that each writer emphasizes the positive, liberating effects of kinship and community. These hybrid versions of community, which draw from other-than-dominant culturally specific ideas and histories, have something to offer Americans as the United States moves into an increasingly diverse twenty-first century. Michael provides a rich lens through which to view both contemporary fiction and contemporary life.

Energy a Continuing Bibliography with Indexes

Energy  a Continuing Bibliography with Indexes
Author: Anonim
Publsiher: Unknown
Total Pages: 329
Release: 1979
ISBN 10:
ISBN 13: UOM:39015013034858
Language: EN, FR, DE, ES & NL

Energy a Continuing Bibliography with Indexes Book Review:

Three Approaches to Mathematical Models for Finnish Natural Resource Management

Three Approaches to Mathematical Models for Finnish Natural Resource Management
Author: Jukka Markus Peltola
Publsiher: Unknown
Total Pages: 322
Release: 2000
ISBN 10:
ISBN 13: UCAL:X61843
Language: EN, FR, DE, ES & NL

Three Approaches to Mathematical Models for Finnish Natural Resource Management Book Review:

Application of Modern Heuristic Optimization Methods in Power and Energy Systems

Application of Modern Heuristic Optimization Methods in Power and Energy Systems
Author: Kwang Y. Lee,Zita Vale
Publsiher: John Wiley & Sons
Total Pages: 864
Release: 2020-05-05
ISBN 10: 1119602297
ISBN 13: 9781119602293
Language: EN, FR, DE, ES & NL

Application of Modern Heuristic Optimization Methods in Power and Energy Systems Book Review:

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.

PICA 2001

PICA 2001
Author: Anonim
Publsiher: IEEE Computer Society Press
Total Pages: 414
Release: 2001
ISBN 10: 9780780366817
ISBN 13: 0780366816
Language: EN, FR, DE, ES & NL

PICA 2001 Book Review:

Physics and Contemporary Needs

Physics and Contemporary Needs
Author: Anonim
Publsiher: Unknown
Total Pages: 329
Release: 1981
ISBN 10:
ISBN 13: UOM:39015017624696
Language: EN, FR, DE, ES & NL

Physics and Contemporary Needs Book Review:

Dissertation Abstracts International

Dissertation Abstracts International
Author: Anonim
Publsiher: Unknown
Total Pages: 329
Release: 2008
ISBN 10:
ISBN 13: STANFORD:36105133522040
Language: EN, FR, DE, ES & NL

Dissertation Abstracts International Book Review:

Mathematical Modelling for Information Technology

Mathematical Modelling for Information Technology
Author: E. H. Robson
Publsiher: Unknown
Total Pages: 214
Release: 1988
ISBN 10:
ISBN 13: STANFORD:36105030476340
Language: EN, FR, DE, ES & NL

Mathematical Modelling for Information Technology Book Review:

Operation of Market oriented Power Systems

Operation of Market oriented Power Systems
Author: Yong-Hua Song
Publsiher: Springer Science & Business Media
Total Pages: 443
Release: 2003-07-31
ISBN 10: 9781852336707
ISBN 13: 1852336706
Language: EN, FR, DE, ES & NL

Operation of Market oriented Power Systems Book Review:

Internationally, the electric power industry is currently undergoing unprecedented reform. The deregulation of the electricity supply industry has introduced new opportunities for competition and has made the maintenance of economic and reliable supplies of electricity a tremendous challenge. Faced by an increasingly complicated existence, power utilities need efficient tools to ensure that electrical energy of the quality desired can be provided at the lowest possible cost. Operation of Market-oriented Power Systems provides effective computational tools for the efficient operation of restructured power systems covering all the major operational issues such as: • congestion management; • available transfer capability calculations; • price forecasting and optimal bidding strategies; • a review of international research and world-wide industrial practice covered in each chapter gives the reader a broader understanding of the state of the art in this exciting field. Operation of Market-oriented Power Systems will be a useful reference for professional engineers and researchers in the operation and control of modern power systems as all within the power industry face up to the changes required to provide safe, reliable and profitable electricity in an increasingly competitive market.

Planning and Markets Modern Trends in Various Economic Systems

Planning and Markets  Modern Trends in Various Economic Systems
Author: Nice Conference on Planning and Markets, 1966
Publsiher: New York : McGraw-Hill
Total Pages: 418
Release: 1969
ISBN 10:
ISBN 13: UOM:39015003643643
Language: EN, FR, DE, ES & NL

Planning and Markets Modern Trends in Various Economic Systems Book Review:

Quarterly Digest of Urban and Regional Research

Quarterly Digest of Urban and Regional Research
Author: Anonim
Publsiher: Unknown
Total Pages: 329
Release: 1968
ISBN 10:
ISBN 13: UOM:39015035439721
Language: EN, FR, DE, ES & NL

Quarterly Digest of Urban and Regional Research Book Review: