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Books > Professional & Technical > Energy technology & engineering > Electrical engineering > Power networks, systems, stations & plants
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Integrating Renewables in Electricity Markets - Operational Problems (Hardcover, 2014 ed.)
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Integrating Renewables in Electricity Markets - Operational Problems (Hardcover, 2014 ed.)
Series: International Series in Operations Research & Management Science, 205
Expected to ship within 12 - 17 working days
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This addition to the ISOR series addresses the analytics of the
operations of electric energy systems with increasing penetration
of stochastic renewable production facilities, such as wind- and
solar-based generation units. As stochastic renewable production
units become ubiquitous throughout electric energy systems, an
increasing level of flexible backup provided by non-stochastic
units and other system agents is needed if supply security and
quality are to be maintained. Within the context above, this book
provides up-to-date analytical tools to address challenging
operational problems such as: * The modeling and forecasting of
stochastic renewable power production. * The characterization of
the impact of renewable production on market outcomes. * The
clearing of electricity markets with high penetration of stochastic
renewable units. * The development of mechanisms to counteract the
variability and unpredictability of stochastic renewable units so
that supply security is not at risk. * The trading of the electric
energy produced by stochastic renewable producers. * The
association of a number of electricity production facilities,
stochastic and others, to increase their competitive edge in the
electricity market. * The development of procedures to enable
demand response and to facilitate the integration of stochastic
renewable units. This book is written in a modular and tutorial
manner and includes many illustrative examples to facilitate its
comprehension. It is intended for advanced undergraduate and
graduate students in the fields of electric energy systems, applied
mathematics and economics. Practitioners in the electric energy
sector will benefit as well from the concepts and techniques
explained in this book.
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