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Full Description
The electric power industry in the U.S. has undergone dramatic changes in recent years. Tight regulations enacted in the 1970's and then de-regulation in the 90's have transformed it from a technology-driven industry into one driven by public policy requirements and the open-access market. Now, just as the utility companies must change to ensure their survival, engineers and other professionals in the industry must acquire new skills, adopt new attitudes, and accommodate other disciplines.
Power System Operations and Electricity Markets provides the information engineers need to understand and meet the challenges of the new competitive environment. Integrating the business and technical aspects of the restructured power 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 of unbundling, open access, power marketing, self-generation, and regional transmission operations.
The rapid, massive changes in the electric power industry and in the economy have rendered most books on the subject obsolete. Based on the authors' years of front-line experience in the industry and in regulatory organizations, Power System Operations and Electricity Markets is current, insightful, and complete with Web links that will help readers stay up to date.
Contents
Preface
The Evolution of the Electric Power Industry. Restructuring and the Transition to More Competitive Power Markets. The First Major Challenges to the System: The California Restructuring Experience. Power Marketers in a Restructured Power Industry. The Role of Distributed Energy Resources in a Restructured Power Industry. Independent Power Generation. Understanding Both Technical and Business Factors. The North American Bulk Electric System. Methods for Economically Operating a Power System. Power Generation Control. New Reliability and Control Concepts. Available Transfer Capability. Network Congestion and Transmission Loading Relief. The Use of Power Flow and Stability Analysis Tools. Technology Needs for the Electric Power Industry.
