<p> <b>A comprehensive resource that provides the basic concepts of electric power systems, microeconomics, and optimization techniques</b> <p> <i>Electricity Markets: ...Theories and Applications</i> offers students and practitioners a clear understanding of the fundamental concepts of the economic theories, particularly microeconomic theories, as well as information on some advanced optimization methods of electricity markets. The authors&#8212;noted experts in the field&#8212;cover the basic drivers for the transformation of the electricity industry in both the United States and around the world and discuss the fundamentals of power system operation, electricity market design and structures, and electricity market operations. <p> The text also explores advanced topics of power system operations and electricity market design and structure including zonal versus nodal pricing, market performance and market power issues, transmission pricing, and the emerging problems electricity markets face in smart grid and micro-grid environments. The authors also examine system planning under the context of electricity market regime. They explain the new ways to solve problems with the tremendous amount of economic data related to power systems that is now available. This important resource: <ul> <li>Introduces fundamental economic concepts necessary to understand the operations and functions of electricity markets</li> <li>Presents basic characteristics of power systems and physical laws governing operation</li> <li>Includes mathematical optimization methods related to electricity markets and their applications to practical market clearing issues</li> </ul> <br> <p> <i>Electricity Markets: Theories and Applications</i> is an authoritative text that explores the basic concepts of the economic theories and key information on advanced optimization methods of electricity markets.
Multiple Criteria Decision Analysis (MCDA) techniques are particularly suitable for Energy and Environment (E&E) decisions due to multiple criteria nature of these types of problems and they have ...been widely applied in this area. Main points that can be taken into consideration when examining the MCDA literature related to E&E are the selection of appropriate method, selection of criteria to be used and the widely distributed application areas. The motivation behind this study is designing such a Decision Support System (DSS) that enables the energy decision makers to perform analysis using different methods of MCDA and different criteria from various application areas and test the applicability of the system through an application in Turkish Energy Sector. The system includes several methods of MCDA and common parameters from previous studies in order to provide different approaches of evaluating decision problems. With this feature, the system stands on the intersection of MCDA and E&E fields. Moreover, an application of MCDA in Turkish Energy Sector has been performed to test the applicability of the system and some conclusions about electricity distribution in Turkey are put forth.
Power System Engineering Schlabbach, Juergen; Rofalski, Karl-Heinz
2014, 2014-04-07, 2014-04-03
eBook
With its focus on the requirements and procedures of tendering and project contracting, this book enables the reader to adapt the basics of power systems and equipment design to special tasks and ...engineering projects, e.g. the integration of renewable energy sources.
Advanced energy materials Tiwari, Ashutosh; Valyukh, Sergiy
2014., 2014, 2014-02-12, 2014-01-27
eBook, Book
Based on the new and fundamental research on novel energy materials with tailor-made photonic properties, the role of materials engineering has been to provide much needed support in the development ...of photovoltaic devices. This book looks at the world of novel energy materials science, focusing on the subject's vast multi-disciplinary approac