Daniel S. Kirschen's Books

Fundamentals of Power System Economics

By: Daniel S. Kirschen,Goran Strbac

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Fundamentals of Power System Economics

By: Daniel S. Kirschen,Goran Strbac

A new edition of the classic text explaining the fundamentals of competitive electricity marketsnow updated to reflect the evolution of these markets and the large scale deployment of generation from renewable energy sources The introduction of competition in the generation and retail of electricity has changed the ways in which power systems function. The design and operation of successful competitive electricity markets requires a sound understanding of both power systems engineering and underlying economic principles of a competitive market. This extensively revised and updated edition of the classic text on power system economics explains the basic economic principles underpinning the design, operation, and planning of modern power systems in a competitive environment. It also discusses the economics of renewable energy sources in electricity markets, the provision of incentives, and the cost of integrating renewables in the grid. Fundamentals of Power System Economics, Second Edition looks at the fundamental concepts of microeconomics, organization, and operation of electricity markets, market participants strategies, operational reliability and ancillary services, network congestion and related LMP and transmission rights, transmission investment, and generation investment. It also expands the chapter on generation investmentsdiscussing capacity mechanisms in more detail and the need for capacity markets aimed at ensuring that enough generation capacity is available when renewable energy sources are not producing due to lack of wind or sun. Retains the highly praised first editions focus and philosophy on the principles of competitive electricity markets and application of basic economics to power system operating and planning Includes an expanded chapter on power system operation that addresses the challenges stemming from the integration of renewable energy sources Addresses the need for additional flexibility and its provision by conventional generation, demand response, and energy storage Discusses the effects of the increased uncertainty on system operation Broadens its coverage of transmission investment and generation investment Supports self-study with end-of-chapter problems and instructors with solutions manual via companion website Fundamentals of Power System Economics, Second Edition is essential reading for graduate and undergraduate students, professors, practicing engineers, as well as all others who want to understand how economics and power system engineering interact.

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346

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John Wiley & Sons

Published Date

ISBN 10

111921324X

ISBN 13

9781119213246

Power Systems

Fundamental Concepts and the Transition to Sustainability

By: Daniel S. Kirschen

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Power Systems

Fundamental Concepts and the Transition to Sustainability

By: Daniel S. Kirschen

Power Systems Fresh perspective on power systems, dealing with uncertainty, power electronics, and electricity markets Power Systems is a highly accessible textbook on a subject that helps students understand how power systems work and the fundamental constraints that guide its operation and design. In a rapidly developing field, this unique approach equips readers to understand why things might be done in a certain way to help develop new solutions to modern problems. To aid in reader comprehension, the text contains examples that reinforce the understanding of the fundamental concepts, informative and attractive illustrations, and problems of increasing levels of difficulty. An accompanying website includes a complete solution manual, teaching slides, and open-source simulation tools and a variety of examples, exercises, and projects of various levels of difficulty. Written by a leading figure in the power system community with a strong track record of writing for the student reader, Power Systems covers some important classical topics, such as the modeling of components, power flow, fault calculations, and stability. In addition, it includes: A detailed discussion of the demand for electricity and how it affects the operation of power systems. An overview of the various forms of conventional and renewable energy conversion. A primer on modern power electronic power conversion. A careful analysis of the technical and economic issues involved in load generation balancing. An introduction to electricity markets. With its up-to-date, accessible, and highly comprehensive coverage, Power Systems is an ideal textbook for various courses on power systems, such as Power Systems Design and Operation, Introduction to Electric Power Systems, Power System Analysis, and Power System Operation and Economics.

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340

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John Wiley & Sons

Published Date

ISBN 10

139419952X

ISBN 13

9781394199525

Power Systems

Fundamental Concepts and the Transition to Sustainability

By: Daniel S. Kirschen

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Power Systems

Fundamental Concepts and the Transition to Sustainability

By: Daniel S. Kirschen

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340

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John Wiley & Sons

Published Date

ISBN 10

1394199503

ISBN 13

9781394199501

Book's by Daniel S. Kirschen

Fundamentals of Power System Economics

Fundamentals of Power System Economics

Power Systems

Power Systems

Power Systems

Power Systems

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