Electricity Pricing: Regulated, Deregulated and Smart Grid Systems presents proven methods for supplying uninterrupted, high-quality electrical power at a reasonable price to the consumer. Illustrating the evolution of the power market from a monopoly to an open access system, this essential text: Covers voltage stability analysis of longitudinal power supply systems using an artificial neural network (ANN) Explains how to improve performance using flexible alternating current transmission systems (FACTS) and high-voltage direct current (HVDC) Takes into account operating constraints as well as generation cost, line overload, and congestion for expected and inadvertent loading stress Goes beyond FACTS and HVDC to provide multi-objective optimization algorithms for the deregulated power market Proposes the use of stochastic optimization techniques in the smart grid, preparing the reader for future development Electricity Pricing: Regulated, Deregulated and Smart Grid Systems offers practical solutions for improving stability, reliability, and efficiency in real-time systems while optimizing electricity cost.

The present-day power grid is basically a complex power transmission network with risks of failure due to unplanned attacks and contingencies, and therefore, assessment of vulnerability of transmission network is important and the process is based on contingency approach. This book deals with the methods of assessment of the grid network vulnerability and addresses the grid collapse problem due to cascaded failures of the transmission network following an attack or an unplanned contingency. Basic mitigation aspects for the network has been explored and the immunity of such a power transmission network against vulnerable collapse has been described using mathematical models.

The present-day power grid is basically a complex power transmission network with risks of failure due to unplanned attacks and contingencies, and therefore, assessment of vulnerability of transmission network is important and the process is based on contingency approach. This book deals with the methods of assessment of the grid network vulnerability and addresses the grid collapse problem due to cascaded failures of the transmission network following an attack or an unplanned contingency. Basic mitigation aspects for the network has been explored and the immunity of such a power transmission network against vulnerable collapse has been described using mathematical models.

This book focuses on soft computing techniques for enhancing voltage security in electrical power networks. Artificial neural networks (ANNs) have been chosen as a soft computing tool, since such networks are eminently suitable for the study of voltage security. The different architectures of the ANNs used in this book are selected on the basis of intelligent criteria rather than by a "brute force" method of trial and error. The fundamental aim of this book is to present a comprehensive treatise on power system security and the simulation of power system security. The core concepts are substantiated by suitable illustrations and computer methods. The book describes analytical aspects of operation and characteristics of power systems from the viewpoint of voltage security. The text is self-contained and thorough. It is intended for senior undergraduate students and postgraduate students in electrical engineering. Practicing engineers, Electrical Control Center (ECC) operators and researchers will also find the book useful.

"Power System Small Signal Stability Analysis and Control" presents a detailed analysis of the problem of severe outages due to the sustained growth of small signal oscillations in modern interconnected power systems. The ever-expanding nature of power systems and the rapid upgrade to smart grid technologies call for the implementation of robust and optimal controls. Power systems that are forced to operate close to their stability limit have resulted in the use of control devices by utility companies to improve the performance of the transmission system against commonly occurring power system disturbances.

This book demonstrates how the application of power system damping controllers such as Power System Stabilizers (PSSs) and Flexible Alternating Current Transmission System (FACTS) controllers namely Static Var Compensator (SVC) and Thyristor Controlled Series Compensator (TCSC) can guard against system disruptions. Power System Small Signal Stability Analysis and Control examines the signal stability problem, providing an overview and analysis of the concepts and of the controllers used to mitigate it. Detailed mathematical derivations, illustrated case studies, the application of soft computation techniques, designs of robust controllers, and end-of-chapter exercises make it a useful resource to researchers, practicing engineers, and post-graduates in electrical engineering.
Examines the power system small signal stability problem and various ways to mitigate itOffers a new and simple method of finding the optimal location of PSS in a multi-machine power systemProvides relevant exercises to further illustrate chapter-specific content"

Power System Small Signal Stability Analysis and Control, Second Edition analyzes severe outages due to the sustained growth of small signal oscillations in modern interconnected power systems. This fully revised edition addresses the continued expansion of power systems and the rapid upgrade to smart grid technologies that call for the implementation of robust and optimal controls. With a new chapter on MATLAB programs, this book describes how the application of power system damping controllers such as Power System Stabilizers and Flexible Alternating Current Transmission System controllers-namely Static Var Compensator and Thyristor Controlled Series Compensator -can guard against system disruptions. Detailed mathematical derivations, illustrated case studies, the application of soft computation techniques, designs of robust controllers, and end-of-chapter exercises make it a useful resource to researchers, practicing engineers, and post-graduates in electrical engineering.

Electricity Pricing: Regulated, Deregulated and Smart Grid Systems presents proven methods for supplying uninterrupted, high-quality electrical power at a reasonable price to the consumer. Illustrating the evolution of the power market from a monopoly to an open access system, this essential text: Covers voltage stability analysis of longitudinal power supply systems using an artificial neural network (ANN) Explains how to improve performance using flexible alternating current transmission systems (FACTS) and high-voltage direct current (HVDC) Takes into account operating constraints as well as generation cost, line overload, and congestion for expected and inadvertent loading stress Goes beyond FACTS and HVDC to provide multi-objective optimization algorithms for the deregulated power market Proposes the use of stochastic optimization techniques in the smart grid, preparing the reader for future development Electricity Pricing: Regulated, Deregulated and Smart Grid Systems offers practical solutions for improving stability, reliability, and efficiency in real-time systems while optimizing electricity cost.