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Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Electrical power industries

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Price-based Commitment Decisions in the Electricity Market (Hardcover) Loot Price: R2,590
Discovery Miles 25 900
Price-based Commitment Decisions in the Electricity Market (Hardcover): Eric Allen, Ilic Marija

Price-based Commitment Decisions in the Electricity Market (Hardcover)

Eric Allen, Ilic Marija

Series: Advances in Industrial Control

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Loot Price R2,590 Discovery Miles 25 900 | Repayment Terms: R243 pm x 12*

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With major structural changes will need to be thoroughly reexamined. This book discusses decision making for problems where a particular decision affects the options available at the next decision time. The deregulation of the electric utility industry will shift the emphasis from a cost-based to a price-based approach; the resulting occuring in the electric power industry, many long-standing ways of operation increase in uncertainty requires that a stochastic approach be adopted for optimal decision-making. This monograph covers a wide range of topics including dynamic programming, ordinal optimization, price modelling and forecasting, future market decisions, reserve market decisions and decisions in a congested market place.

General

Imprint: Springer London
Country of origin: United Kingdom
Series: Advances in Industrial Control
Release date: September 1998
First published: December 1998
Authors: Eric Allen • Ilic Marija
Dimensions: 240mm (L)
Format: Hardcover
Pages: 260
ISBN-13: 978-1-85233-069-9
Categories: Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Electrical power industries
Books > Professional & Technical > Transport technology > Aerospace & aviation technology > General
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LSN: 1-85233-069-4
Barcode: 9781852330699

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