Economics of Power Systems Paperback / softback
by Makoto Tanaka, Antonio J. Conejo, Afzal S. Siddiqui
Part of the International Series in Operations Research & Management Science series
Paperback / softback
Description
This book describes the latest microeconomic concepts and operations research (OR) techniques needed to comprehend the design and operation of power markets, as well as the actions of their agents: producers, consumers, operators, and regulators.
This is critical when it comes to addressing a constantly evolving power system environment that incorporates an increasing number of no-marginal-cost renewable sources, increasingly competitive storage facilities, increasingly responsive demands, and widespread communication channels that allow distributed decision-making.
Such evolving environments call for a re-examination of the microeconomic concepts and OR techniques required by graduate students and practitioners in the electric energy field. This accessible, tutorial-style book features numerous illustrative examples to help readers grasp the economic concepts and OR procedures used by power market professionals.
The authors explian these concepts and procedures and presenta vision of a renewable-dominated marketplace.
Each chapter also includes exercises.
Information
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Only a few left - usually despatched within 24 hours
- Format:Paperback / softback
- Pages:317 pages, 15 Illustrations, color; 59 Illustrations, black and white; XIV, 317 p. 74 illus., 15 ill
- Publisher:Springer Nature Switzerland AG
- Publication Date:30/03/2023
- Category:
- ISBN:9783030928735
Other Formats
- Hardback from £78.79
£69.99
£62.05
Information
-
Only a few left - usually despatched within 24 hours
- Format:Paperback / softback
- Pages:317 pages, 15 Illustrations, color; 59 Illustrations, black and white; XIV, 317 p. 74 illus., 15 ill
- Publisher:Springer Nature Switzerland AG
- Publication Date:30/03/2023
- Category:
- ISBN:9783030928735