Energy is one of the world`s most challenging problems, and power systems are an important aspect of energy related issues. This handbook contains state-of-the-art contributions on power systems modeling and optimization. The book is separated into two volumes with six sections, which cover the most important areas of energy systems. The first volume covers the topics operations planning and expansion planning while the second volume focuses on transmission and distribution modeling, forecasting in energy, energy auctions and markets, as well as risk management. The contributions are authored by recognized specialists in their fields and consist in either state-of-the-art reviews or examinations of state-of-the-art developments. The articles are not purely theoretical, but instead also discuss specific applications in power systems.
Author(s): Rabih A. Jabr (auth.), Steffen Rebennack, Panos M. Pardalos, Mario V. F. Pereira, Niko A. Iliadis (eds.)
Series: Energy Systems
Edition: 1
Publisher: Springer-Verlag Berlin Heidelberg
Year: 2010
Language: English
Pages: 492
Tags: Calculus of Variations and Optimal Control, Optimization; Operations Research/Decision Theory; Energy Technology
Front Matter....Pages i-xx
Front Matter....Pages 1-1
Recent Developments in Optimal Power Flow Modeling Techniques....Pages 3-29
Algorithms for Finding Optimal Flows in Dynamic Networks....Pages 31-54
Signal Processing for Improving Power Quality....Pages 55-100
Transmission Valuation Analysis based on Real Options with Price Spikes....Pages 101-125
Front Matter....Pages 127-127
Short-term Forecasting in Power Systems: A Guided Tour....Pages 129-160
State-of-the-Art of Electricity Price Forecasting in a Grid Environment....Pages 161-187
Modelling the Structure of Long-Term Electricity Forward Prices at Nord Pool....Pages 189-212
Hybrid Bottom-Up/Top-Down Modeling of Prices in Deregulated Wholesale Power Markets....Pages 213-238
Front Matter....Pages 239-239
Agent-based Modeling and Simulation of Competitive Wholesale Electricity Markets....Pages 241-286
Futures Market Trading for Electricity Producers and Retailers....Pages 287-313
A Decision Support System for Generation Planning and Operation in Electricity Markets....Pages 315-335
A Partitioning Method that Generates Interpretable Prices for Integer Programming Problems....Pages 337-350
An Optimization-Based Conjectured Response Approach to Medium-term Electricity Markets Simulation....Pages 351-380
Front Matter....Pages 381-381
A Multi-stage Stochastic Programming Model for Managing Risk-optimal Electricity Portfolios....Pages 383-404
Stochastic Optimization of Electricity Portfolios: Scenario Tree Modeling and Risk Management....Pages 405-432
Taking Risk into Account in Electricity Portfolio Management....Pages 433-448
Aspects of Risk Assessment in Distribution System Asset Management: Case Studies....Pages 449-480
Back Matter....Pages 481-492
