Author: Biljana StojkovskaPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Optimal Transmission Investment Strategies for Sustainable Power Systems
Author: Biljana StojkovskaTransmission Network Investment in Liberalized Power Markets
Author: Mohammad Reza HesamzadehPublisher: Springer Nature
ISBN: 3030479293
Category : Business & Economics
Languages : en
Pages : 590
Book Description
This book provides a systematic overview of transmission network investment in liberalized power markets. Recent government policies to increase the share of intermittent renewable power generation and other technological innovations present new theoretical as well as practical challenges for transmission investments. Written by experts with a background in both economics and engineering, the book examines the economic and technical fundamentals of regulated and merchant transmission investment, and includes case studies of transmission investment in a number of countries. The book is divided into four parts: Part 1 introduces the basic economics and engineering of transmission network investment, while Part 2 discusses merchant investment in the transmission network. Part 3 then examines transmission investment coordination and smart grids, and lastly, Part 4 describes practical experiences of transmission network investment in power market in various countries.
Investment in Electricity Generation and Transmission
Author: Antonio J. ConejoPublisher: Springer
ISBN: 3319295012
Category : Business & Economics
Languages : en
Pages : 389
Book Description
This book provides an in-depth analysis of investment problems pertaining to electric energy infrastructure, including both generation and transmission facilities. The analysis encompasses decision-making tools for expansion planning, reinforcement, and the selection and timing of investment options. In this regard, the book provides an up-to-date description of analytical tools to address challenging investment questions such as: How can we expand and/or reinforce our aging electricity transmission infrastructure? How can we expand the transmission network of a given region to integrate significant amounts of renewable generation? How can we expand generation facilities to achieve a low-carbon electricity production system? How can we expand the generation system while ensuring appropriate levels of flexibility to accommodate both demand-related and production-related uncertainties? How can we choose among alternative production facilities? What is the right time to invest in a given production or transmission facility? Written in a tutorial style and modular format, the book includes a wealth of illustrative examples to facilitate comprehension. It is intended for advanced undergraduate and graduate students in the fields of electric energy systems, operations research, management science, and economics. Practitioners in the electric energy sector will also benefit from the concepts and techniques presented here.
Financial Transmission Rights
Author: Juan RosellónPublisher: Springer Science & Business Media
ISBN: 1447147871
Category : Business & Economics
Languages : en
Pages : 442
Book Description
Whilst financial rights have appeared as a successful ingredient in North-American power markets, they have their shortcomings both theoretically and in practice. Financial Transmission Rights: Analysis, Experiences and Prospects present a systematic and comprehensive overview of financial transmission rights (FTRS). Following a general introduction to FTRs, including chapters to explain transmission pricing and the general properties of FTRS, experts in the field provide discussions on wide scope of topics. These include: Varying perspectives on FTRS: from electrical engineers to economists, Different mathematical formulations of FTRS Financial Hedging using FTRS, and Alternative solutions to FTRs The detail, expertise and range of content makes Financial Transmission Rights: Analysis, Experiences and Prospect an essential resource for electricity market specialists both at academic and professional levels. “This is THE BOOK we were all expecting to address all key ‘Financial Transmission Rights’ issues. It is comprehensive and reader friendly. You can pick at will in its menu: more or less theory, a bit of maths or none, empirical review of real cases or numerical simulations of many feasible options. Big names rally there to delight you like: Hogan , Oren, Perez-Arriaga, Smeers, Hobbs and... Rosellón. More than a must read: a light house, a map and a survival kit.” Jean – Michel Glachant, Director Florence School, Holder Loyola de Palacio Chair, Chief-editor Economics of Energy & Environmental Policy. "In the last two decades, economists have developed a better understanding of the impact of financial rights on risk management, market power and network expansion in electricity markets, while power systems have experimented with such rights. Striking a good balance between academics and practitioners, always at the frontier of the field, written by the best experts, this volume is essential reading for all those- power systems’ managers and users, regulators, students and researchers- who want to understand the new electricity environment and predict its evolution." Jean Tirole, Toulouse School of Economics and Institute for Industrial Economics (IDEI) Further comments inside.
National-strategic Investment in European Power Transmission Capacity
Author: Daniel HuppmannAnalysis of Environmental Policy in the Power Sector
Author: Yihsu ChenPublisher: Springer Nature
ISBN: 3030448665
Category : Business & Economics
Languages : en
Pages : 278
Book Description
This book covers game-theoretic approaches to analyzing policies for environmental regulation in the power sector. The scope includes operational and investment decisions in imperfectly competitive electricity markets as well as transmission planning and policy design. Given this context, this book synthesizes equilibrium and bi-level modeling to address challenging research questions such as: • How are power-plant operations affected by carbon policy, such as cap-and-trade (C&T) systems? • How does market power in electricity generation affect market outcomes and CO2 emissions? • How does a strategic firm with first-mover advantage manipulate both electricity and C&T permit prices? • How does a strategic firm with first-mover advantage invest in new generation capacity under a C&T system? • How does sustainable transmission planning adapt to an imperfectly competitive power sector? • How should a renewable portfolio standard (RPS) target be revised in an imperfectly competitive power sector? This book includes plenty of illustrative examples to facilitate the concepts’ comprehension. It is intended to make equilibrium and bi-level models adapted for policy assessment accessible to graduate students, academic researchers, industry practitioners, and policy analysts.
Eco-friendly Innovations in Electricity Transmission and Distribution Networks
Author: Jean-Luc BessedePublisher: Elsevier
ISBN: 1782420193
Category : Technology & Engineering
Languages : en
Pages : 453
Book Description
Electricity transmission and distribution (T&D) networks carry electricity from generation sites to demand sites. With the increasing penetration of decentralised and renewable energy systems, in particular variable power sources such as wind turbines, and the rise in demand-side technologies, the importance of innovative products has never been greater. Eco-design approaches and standards in this field are aimed at improving the performance as well as the overall sustainability of T&D network equipment. This multidisciplinary reference provides coverage of developments and lessons-learned in the fields of eco-design of innovation from product-specific issues to system approaches, including case studies featuring problem-solving methodologies applicable to electricity transmission and distribution networks. Discusses key environmental issues and methodologies for eco-design, and applies this to development of equipment for electricity transmission and distribution. Provides analysis of using and assessing advanced equipment for wind energy systems. Includes reviews of the energy infrastructure for demand-side management in the US and Scandinavia.
Smart and Sustainable Power Systems
Author: João P. S. CatalãoPublisher: CRC Press
ISBN: 1351830163
Category : Technology & Engineering
Languages : en
Pages : 347
Book Description
The smart grid initiative, integrating advanced sensing technologies, intelligent control methods, and bi-directional communications into the contemporary electricity grid, offers excellent opportunities for energy efficiency improvements and better integration of distributed generation, coexisting with centralized generation units within an active network. A large share of the installed capacity for recent renewable energy sources already comprises insular electricity grids, since the latter are preferable due to their high potential for renewables. However, the increasing share of renewables in the power generation mix of insular power systems presents a significant challenge to efficient management of the insular distribution networks, mainly due to the variability and uncertainty of renewable generation. More than other electricity grids, insular electricity grids require the incorporation of sustainable resources and the maximization of the integration of local resources, as well as specific solutions to cope with the inherent characteristics of renewable generation. Insular power systems need a new generation of methodologies and tools to face the new paradigm of large-scale renewable integration. Smart and Sustainable Power Systems: Operations, Planning, and Economics of Insular Electricity Grids discusses the modeling, simulation, and optimization of insular power systems to address the effects of large-scale integration of renewables and demand-side management. This practical book: Describes insular power systems, renewable energies, uncertainty, variability, reserves, and demand response Examines state-of-the-art forecasting techniques, power flow calculations, and scheduling models Covers probabilistic and stochastic approaches, scenario generation, and short-term operation Includes comprehensive testing and validation of the mathematical models using real-world data Explores electric price signals, competitive operation of distribution networks, and network expansion planning Smart and Sustainable Power Systems: Operations, Planning, and Economics of Insular Electricity Grids provides a valuable resource for the design of efficient methodologies, tools, and solutions for the development of a truly sustainable and smart grid.
Handbook of Power Systems I
Author: Steffen RebennackPublisher: Springer Science & Business Media
ISBN: 3642024939
Category : Mathematics
Languages : en
Pages : 503
Book Description
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.
Optimal Structure of United States Power Transmission System for Targeted Investments
Author: Alexander OkunevPublisher:
ISBN:
Category :
Languages : en
Pages : 124
Book Description
This thesis analyses the historical development and deregulation of the U.S. Electrical Power Industry and its impact on the structure of Transmission System. The results of introducing competition in generation and creating wholesale market for electricity are evaluated. The problems in the U.S. Electrical Transmission System are identified; existing pricing models and investment mechanisms are evaluated. Positive and negative outputs are described and analyzed - including existing problems in the transmission system and different pricing models and their effect on investment in transmission system. The importance of regulatory factors is evaluated, the limitations and advantages of pricing models are described and investment mechanism is chosen. Possible perspectives of the development of Transmission System are analyzed from technical and economical perspectives. Based on evaluation of existing financial tools and current problems in operating of the GRID, optimal structure and investment solutions for Transmission System are proposed.