Power Loss

Power Loss
Author: Richard F. Hirsh
Publisher: Mit Press
Total Pages: 424
Release: 2002-07-26
Genre: Political Science
ISBN: 9780262582193

A perceptive account of the deregulation of the electric power industry.

Electricity Economics

Electricity Economics
Author: Geoffrey S. Rothwell
Publisher: Wiley-IEEE Press
Total Pages: 312
Release: 2003-02-14
Genre: Business & Economics
ISBN:

Written originally as a manual for the Federal Energy Commission to train regional rate regulators, this is a clear, comprehensive primer on the principles of economics and finance underlying the regulation of electricity markets and the deregulation of electricity generation.

Power System Restructuring and Deregulation

Power System Restructuring and Deregulation
Author: Loi Lei Lai
Publisher: John Wiley & Sons
Total Pages: 508
Release: 2001-11-28
Genre: Technology & Engineering
ISBN: 9780471495000

Die Umstrukturierung und Liberalisierung der Stromerzeugung brachte tiefgreifende Veränderungen des Marktes, des Wettbewerbs, der Technologien und nicht zuletzt der gesetzlichen Vorschriften mit sich. Dieser Band konzentriert sich auf die technischen Fortschritte und bespricht derzeit aktuelle Probleme anhand anschaulicher Fallstudien. So werden zum Beispiel neue Verfahren zur Vorhersage der Netzlast erläutert. Von international renommierten Experten geschrieben! (07/00)

Electricity Deregulation

Electricity Deregulation
Author: James M. Griffin
Publisher: University of Chicago Press
Total Pages: 453
Release: 2009-11-15
Genre: Business & Economics
ISBN: 0226308588

The electricity market has experienced enormous setbacks in delivering on the promise of deregulation. In theory, deregulating the electricity market would increase the efficiency of the industry by producing electricity at lower costs and passing those cost savings on to customers. As Electricity Deregulation shows, successful deregulation is possible, although it is by no means a hands-off process—in fact, it requires a substantial amount of design and regulatory oversight. This collection brings together leading experts from academia, government, and big business to discuss the lessons learned from experiences such as California's market meltdown as well as the ill-conceived policy choices that contributed to those failures. More importantly, the essays that comprise Electricity Deregulation offer a number of innovative prescriptions for the successful design of deregulated electricity markets. Written with economists and professionals associated with each of the network industries in mind, this comprehensive volume provides a timely and astute deliberation on the many risks and rewards of electricity deregulation.

Understanding Electric Utilities and De-Regulation

Understanding Electric Utilities and De-Regulation
Author: H. Lee Willis
Publisher: CRC Press
Total Pages: 516
Release: 2018-10-03
Genre: Technology & Engineering
ISBN: 142002826X

Power interruptions of the scale of the North American Blackout of 2003 are rare, but they still loom as a possibility. Will the aging infrastructure fail because deregulated monopolies have no financial incentives to upgrade? Is centralized planning becoming subordinate to market forces? Understanding Electric Utilities and De-Regulation, Second Edition provides an updated, non-technical description that sheds light on the nature of the industry and the issues involved in its transition away from a regulated environment. The book begins by broadly surveying the industry, from a regulated utility structure to the major concepts of de-regulation to the history of electricity, the technical aspects, and the business of power. Then, the authors delve into the technologies and functions on which the industry operates; the many ways that power is used; and the various means of power generation, including central generating stations, renewable energy, and single-household size generators. The authors then devote considerable attention to the details of regulation and de-regulation. To conclude, one new chapter examines aging infrastructures and reliability of service, while another explores the causes of blackouts and how they can be prevented. Based on the authors' extensive experience, Understanding Electric Utilities and De-Regulation, Second Edition offers an up-to-date perspective on the major issues impacting the daily operations as well as the long-term future of the electric utilities industry.

Operation of Restructured Power Systems

Operation of Restructured Power Systems
Author: Kankar Bhattacharya
Publisher: Springer Science & Business Media
Total Pages: 323
Release: 2012-12-06
Genre: Technology & Engineering
ISBN: 1461514657

Deregulation is a fairly new paradigm in the electric power industry. And just as in the case of other industries where it has been introduced, the goal of deregulation is to enhance competition and bring consumers new choices and economic benefits. The process has, obviously, necessitated reformulation of established models of power system operation and control activities. Similarly, issues such as system reliability, control, security and power quality in this new environment have come in for scrutiny and debate. In this book, we attempt to present a comprehensive overview of the deregulation process that has developed till now, focussing on the operation aspects. As of now, restructured electricity markets have been established in various degrees and forms in many countries. This book comes at a time when the deregulation process is poised to undergo further rapid advancements. It is envisaged that the reader will benefit by way of an enhanced understanding of power system operations in the conventional vertically integrated environment vis-a-vis the deregulated environment. The book is aimed at a wide range of audience- electric utility personnel involved in scheduling, dispatch, grid operations and related activities, personnel involved in energy trading businesses and electricity markets, institutions involved in energy sector financing. Power engineers, energy economists, researchers in utilities and universities should find the treatment of mathematical models as well as emphasis on recent research work helpful.

The End of a Natural Monopoly

The End of a Natural Monopoly
Author: Daniel H. Cole
Publisher: Routledge
Total Pages: 258
Release: 2003-07-17
Genre: Business & Economics
ISBN: 1135697000

This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation followed by panicked re-regulation.

Market Operations in Electric Power Systems

Market Operations in Electric Power Systems
Author: Mohammad Shahidehpour
Publisher: John Wiley & Sons
Total Pages: 552
Release: 2003-05-28
Genre: Technology & Engineering
ISBN: 0471463949

An essential overview of post-deregulation market operations inelectrical power systems Until recently the U.S. electricity industry was dominated byvertically integrated utilities. It is now evolving into adistributive and competitive market driven by market forces andincreased competition. With electricity amounting to a $200 billionper year market in the United States, the implications of thisrestructuring will naturally affect the rest of the world. Why is restructuring necessary? What are the components ofrestructuring? How is the new structure different from the oldmonopoly? How are the participants strategizing their options tomaximize their revenues? What are the market risks and how are theyevaluated? How are interchange transactions analyzed and approved?Starting with a background sketch of the industry, this hands-onreference provides insights into the new trends in power systemsoperation and control, and highlights advanced issues in thefield. Written for both technical and nontechnical professionals involvedin power engineering, finance, and marketing, this must-haveresource discusses: * Market structure and operation of electric power systems * Load and price forecasting and arbitrage * Price-based unit commitment and security constrained unitcommitment * Market power analysis and game theory applications * Ancillary services auction market design * Transmission pricing and congestion Using real-world case studies, this timely survey offers engineers,consultants, researchers, financial managers, university professorsand students, and other professionals in the industry acomprehensive review of electricity restructuring and how itsradical effects will shape the market.

Electric System Operations

Electric System Operations
Author: Mani Vadari
Publisher: Artech House
Total Pages: 276
Release: 2013
Genre: Technology & Engineering
ISBN: 1608075494

Here is a timely resource that gives you an insightful business perspective on electric systems operations, revealing how this area is critical to a utility's ability to provide reliable power to its customers. The book presents a thorough definition system operations, identifying and explaining the various systems that support this function and how they integrate into the utility. You discover how a utility's network operation is a key contributor to the viable sustainment of its business. The book presents the convergence of the systems used in the grid operations of today and addresses the emerging needs of the smart grid operations of tomorrow. You learn how system operations help to ensure the right levels of safety, reliability and efficiency in everything that relates to transmission and distribution grid management. The book discusses important technologically intensive systems -- like EMS, DMS -- that function inside the control center. Additionally, you are introduced to DEMS -- an emerging system which has been designed to help utilities provide better services to customers, and enable customers to become an integral part of the overall utility system.