Integrating Renewables in Electricity Markets - Operational Problems (Hardcover, 2014 ed.)

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.

General

Imprint:	Springer-Verlag New York
Country of origin:	United States
Series:	International Series in Operations Research & Management Science, 205
Release date:	December 2013
First published:	2014
Authors:	Juan M. Morales • Antonio J. Conejo • Henrik Madsen • Pierre Pinson • Marco Zugno
Dimensions:	235 x 155 x 29mm (L x W x T)
Format:	Hardcover
Pages:	429
Edition:	2014 ed.
ISBN-13:	978-1-4614-9410-2
Languages:	English
Subtitles:	English
Categories:	Books > Science & Mathematics > Mathematics > Probability & statistics Books > Business & Economics > Business & management > Management & management techniques > Operational research Books > Professional & Technical > Energy technology & engineering > Electrical engineering > Power networks, systems, stations & plants Promotions
LSN:	1-4614-9410-9
Barcode:	9781461494102

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