Power System Operations and Electricity Markets

Power System Operations and Electricity Markets

by Fred I. Denny, David E. Dismukes
     
 

ISBN-10: 0849308135

ISBN-13: 9780849308130

Pub. Date: 06/13/2002

Publisher: Taylor & Francis

Power System Operations and Electricity Markets provides the information engineers need to understand and meet the challenges of the new competitive environment of the electric power industry. Integrating the business and technical aspects of the restructured industry, it explains, clearly and succinctly, how new methods for power systems operations and energy

Overview

Power System Operations and Electricity Markets provides the information engineers need to understand and meet the challenges of the new competitive environment of the electric power industry. Integrating the business and technical aspects of the restructured industry, it explains, clearly and succinctly, how new methods for power systems operations and energy marketing relate to public policy, regulation, economics, and engineering science. The authors examine the technologies and techniques currently in use and lay the groundwork for the coming era. The book is uniquely current, insightful, and complete with Web links that will help readers stay up to date.

Product Details

ISBN-13:
9780849308130
Publisher:
Taylor & Francis
Publication date:
06/13/2002
Series:
Electric Power Engineering Series
Edition description:
New Edition
Pages:
152
Product dimensions:
6.14(w) x 9.21(h) x 0.38(d)

Table of Contents

Preface
The Evolution of the Electric Power Industry
Energy Conservation in the Pre-energy Crises Environment
The Energy Crisis and Its Impact on the Electric Power
Industry
Restructuring and the Transition to More Competitive Power Markets
The Fundamentals and Terminology of Power Industry
Change
Historic and Future Structure of the Electric Power Industry
The Mechanics of Restructuring Power Markets
The First Major Challenges to the System: The California Restructuring Experience
Introduction
Background on the Creation of the Competitive California
Market
The Capacity Availability Dilemma
Transactional Limitations for Buyers and Sellers
Failure of Analysis
Conclusions
Power Marketers in a Restructured Power Industry
Introduction
What is a Power Marketer?
Opening the Door to Power Marketers
Who are Power Marketers?
The Power Markets
Services Offered by Power Marketers
Conclusion
The Role of Distributed Energy Resources in a Restructured Power Industry
Introduction
A Definition of DER
UDC Disincentives Associated with Developing DER
Applications
Interconnection Issues
Rate Design Issues
Wheeling Power at the Distribution Level
Conclusions
Independent Power Generation
Introduction
The Origins of Competitive Wholesale Markets
Who are Independent Power Developers?
Analyzing the Investment Opportunity
Transmission Issues Associated with IPP Development
Conclusions
Understanding Both Technical and Business Factors
A Brief History
The Current Situation
Industry Standards Relating to Electrical Safety
NERC Reliability Practices and Standards
Laws and Regulations Relating to Competition and Open
Access
The Business Environment and NERC Business Practice Standards
End-of-Chapter Questions
The North American Bulk Electric System
The Evolution of System Operations and Control
The Big Machines
End-of-Chapter Questions
Methods for Economically Operating a Power System
Operating Economics, Control Systems, and Power
Systems Reliability
A Single Generating Unit
Two Generating Units
End-of-Chapter Questions
Power Generation Control
The Definition of Automatic Generation Control
Changing Automatic Generation Control Objectives
Control Performance Criteria
End-of-Chapter Questions
New Reliability and Control Concepts
The Layman's Definition of Reliability
The Academic and Traditional Definitions of Reliability
North American Electric Reliability Council Reliability
Definitions
Traditional Power System Operations in Control Areas
The New Paradigm: Operating and Service Functions
End-of-Chapter Questions
Available Transfer Capability
A New Methodology for Assessing Transmission Line
Limitations
Guiding Principles for ATC Calculations
End-of-Chapter Questions
Network Congestion and Transmission Loading Relief
The Network Congestion Problem
The Transmission Loading Relief Approach
Criticisms of the TLR Approach
Network Congestion Data
End-of-Chapter Questions
The Use of Power Flow and Stability Analysis Tools
Operating Security Limit (OSL) Violations
Tools for Determining OSL Violations
End-of-Chapter Questions
Technology Needs for the Electric Power Industry
Opportunities and Threats
Lessons from the Past
An Overview of the Problem
Summary
End-of-Chapter Questions
Index

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