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Item Details
Title: INTEGRATING RENEWABLES IN ELECTRICITY MARKETS
OPERATIONAL PROBLEMS
By: Juan M. Morales, Antonio J. Conejo, Henrik Madsen
Format: Paperback

List price: £67.99


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ISBN 10: 1489979530
ISBN 13: 9781489979537
Publisher: SPRINGER-VERLAG NEW YORK INC.
Pub. date: 23 August, 2016
Edition: Softcover reprint of the original 1st ed. 2014
Series: International Series in Operations Research & Management Science 205
Pages: 429
Translated from: English
Description: This book provides up-to-date analytical tools to address challenging operational problems in renewable energy production facilities, such as wind- and solar-based generation units. It includes many illustrative examples.
Synopsis: This addition to the ISOR series addresses the analytics of the operations of electric energy systems with increasing penetration of stochastic renewable production facilities, such as wind- and solar-based generation units.As stochastic renewable production units become ubiquitous throughout electric energy systems, an increasing level of flexible backup provided by non-stochastic units and other system agents is needed if supply security and quality are to be maintained.Within the context above, this book provides up-to-date analytical tools to address challenging operational problems such as:* The modeling and forecasting of stochastic renewable power production.* The characterization of the impact of renewable production on market outcomes.* The clearing of electricity markets with high penetration of stochastic renewable units.* The development of mechanisms to counteract the variability and unpredictability of stochastic renewable units so that supply security is not at risk.* The trading of the electric energy produced by stochastic renewable producers.* The association of a number of electricity production facilities, stochastic and others, to increase their competitive edge in the electricity market.* The development of procedures to enable demand response and to facilitate the integration of stochastic renewable units.This book is written in a modular and tutorial manner and includes many illustrative examples to facilitate its comprehension. It is intended for advanced undergraduate and graduate students in the fields of electric energy systems, applied mathematics and economics. Practitioners in the electric energy sector will benefit as well from the concepts and techniques explained in this book.
Illustrations: 106 Tables, black and white; 12 Illustrations, color; 80 Illustrations,
Publication: US
Imprint: Springer-Verlag New York Inc.
Returns: Returnable
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