BN.com Gift Guide

Fundamentals of Power System Economics / Edition 1

Hardcover (Print)
Used and New from Other Sellers
Used and New from Other Sellers
from $90.71
Usually ships in 1-2 business days
(Save 32%)
Other sellers (Hardcover)
  • All (6) from $90.71   
  • New (3) from $96.63   
  • Used (3) from $90.71   

Overview

Interest in power systems economics is gaining momentum with the recent power supply shortages in America and the rising cost of fossil fuels. The involvement of independent power generators, brokers and distributors has changed the way in which power systems operate. Kirschen and Strbac use a combination of traditional engineering techniques and fundamental economics to address the long-term problems of power system development in a competitive environment. Power system engineers, operators, planners and policy makers working in the deregulated environment will value this practical guide, also of great interest to postgraduate and advanced undergraduate students in electrical and power engineering.

  • Outlines the principles of competitive electricity markets alongside the operation and development of the supporting transmission and distribution networks
  • Applies basic economic principles to power system operating and planning
  • Written by recognised experts in the field

For further information and to register for the solutions manual visit: http://www.wiley.com/go/powersystemeconomics

Read More Show Less

Editorial Reviews

From the Publisher
"…this is an interesting book that can help practicing electrical engineers and understand the basic economics behind the competitive electricity markets." (IEEE Power & Energy Magazine, July/August 2006)

"Kirschen and Strbac have written an excellent textbook on this important area … rightly emphasizes the broad principles underlying all the main electricity markets around the world." (International Journal of Electrical Engineering Education, 42:3, 2006)

Read More Show Less

Product Details

  • ISBN-13: 9780470845721
  • Publisher: Wiley
  • Publication date: 5/14/2004
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 296
  • Product dimensions: 6.97 (w) x 9.92 (h) x 0.87 (d)

Table of Contents

Preface.

1. Introduction.

1. Why Competition?

2. Dramatis Personae.

3. Models of Competition.

4. Open Questions.

5. Further Reading.

6. Problems.

2. Basic Concepts from Economics.

1. Introduction.

2. Fundamentals of Markets.

3. Concepts from the Theory of the Firm.

4. Types of Markets.

5. Markets with Imperfect Competition.

6. Further Reading.

7. Problems.

3. Markets for Electrical Energy.

1. Introduction.

2. What is the Difference between a Megawatt-hour and a Barrel of Oil?

3. The Need for a Managed Spot Market.

4. Open Electrical Energy Markets.

5. The Managed Spot Market.

6. The Settlement Process.

7. Further Reading.

8. Problems.

4. Participating in Markets for Electrical Energy.

1. Introduction.

2. The Consumer’s Perspective.

3. The Producer’s Perspective.

4. Perspective of Plants with Very Low Marginal Costs.

5. The Hybrid Participant’s Perspective.

6. Further Reading.

7. Problems.

5. System Security and Ancillary Services.

1. Introduction.

2. Describing the needs.

3. Obtaining Ancillary Services.

4. Buying Ancillary Services.

5. Selling Ancillary Services.

6. Further Reading.

7. Problems.

6. Transmission Networks and Electricity Markets.

1. Introduction.

2. Decentralized Trading over a Transmission Network.

3. Centralized Trading over a Transmission Network.

4. Further Reading.

5. Problems.

7. Investing in Generation.

1. Introduction.

2. Generation Capacity from an Investor’s Perspective.

3. Generation Capacity from a Customer’s Perspective.

4. Further Reading.

5. Problems.

8. Investing in Transmission.

1. Introduction.

2. The Nature of the Transmission Business.

3. Cost-based Transmission Expansion.

4. Value-based Transmission Expansion.

5. Further Reading.

6. Problems.

Appendix: Answers to Selected Problems.

Abbreviations and Acronyms.

Index.

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)