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Operation of Market-oriented Power Systems

  • Book
  • © 2003

Overview

Editors:
  1. Yong-Hua Song

    1. Department of Electronic and Computer Engineering, Brunel Institute of Power Systems, Brunel University, Middlesex, UK

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  2. Xi-Fan Wang

    1. Department of Electrical Engineering, Xi’an, Jiaotong University, Xi’an, China

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    You can also search for this editor in PubMed   Google Scholar

  • Allows the reader to compare and learn from best practice and most up-to-date information from Europe, the US and Australia
  • Shows the reader how to overcome day-to-day and strategic engineering problems rather than concentrating on poicy and market-structural issues
  • Includes supplementary material: sn.pub/extras

Part of the book series: Power Systems (POWSYS)

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Table of contents (14 chapters)

  1. Front Matter

    Pages I-XVIII
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  2. Operation of Restructured Power Systems

    • Y. H. Song, X. Wang, J. Z. Liu
    Pages 1-12

  3. Modelling and Analysis of Electricity Markets

    • A. Mariorano, Y. H. Song, M. Trovato
    Pages 13-49

  4. Location-based Marginal Pricing of Electricity and its Decomposition

    • K. Xie, Y. H. Song
    Pages 51-82

  5. Coordinated Real-time Dispatch of Unbundled Electricity Markets

    • X. Wang, Y. H. Song, M. Tan
    Pages 83-111

  6. Available Transfer Capability Evaluation

    • Y. Xiao, Y. H. Song, Y. Z. Sun
    Pages 113-146

  7. Transmission Congestion Management

    • X. Wang, Y. H. Song, Q. Lu
    Pages 147-176

  8. Dynamic Congestion Management

    • J. Ma, Q. Lu, Y. H. Song
    Pages 177-203

  9. Financial Instruments and Their Role in Market Dispatch and Congestion Management

    • X. Wang, Y. H. Song, M. Eremia
    Pages 205-221

  10. Ancillary Services (I): Pricing and Procurement of Reserves

    • M. Rashidinejad, Y. H. Song, M. H. Javidi
    Pages 223-252

  11. Ancillary Services (II): Voltage Security and Reactive Power Management

    • G. A. Taylor, S. Phichaisawat, M. R. Irving, Y. H. Song
    Pages 253-279

  12. Load and Price Forecasting via Wavelet Transform and Neural Networks

    • I. K. Yu, Y. H. Song
    Pages 281-315

  13. Analysis of Generating Companies’ Strategic Behaviour

    • A. Mariorano, Y. H. Song, M. Trovato
    Pages 317-346

  14. Bidding Problems in Electricity Generation Markets

    • Y. He, Y. H. Song, X. F. Wang
    Pages 347-406

  15. Transmission Services Improvement by FACTS Control

    • Y. Xiao, X. Wang, Y. H. Song, Y. Z. Sun
    Pages 407-440

  16. Back Matter

    Pages 441-443
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Keywords

About this book

Internationally, the electric power industry is currently undergoing unprecedented reform.  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.

This book 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.

Editors and Affiliations

  • Department of Electronic and Computer Engineering, Brunel Institute of Power Systems, Brunel University, Middlesex, UK

    Yong-Hua Song

  • Department of Electrical Engineering, Xi’an, Jiaotong University, Xi’an, China

    Xi-Fan Wang

About the editors

Yong-Hua Song is Professor of Electrical Energy Systems at Brunel and he also holds the Royal Academy of Engineering/Nuclear Electric/Siemens Chair of Power Systems Analysis. He is the author of over 250 journal and conference papers.

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