Electricity Pricing Regulated, Deregulated and Smart Grid Systems
Electricity Pricing Regulated, Deregulated and Smart Grid Systems by Sawan Sen, published by CRC Press on April 4, 2018, is a comprehensive text that explores methods for delivering high-quality electrical power at reasonable prices. This edition, consisting of 244 pages, delves into the transition of the power market from a monopoly to an open access system, providing insights into voltage stability analysis and the application of advanced technologies such as artificial neural networks and flexible alternating current transmission systems.
Readers will find practical solutions aimed at enhancing stability, reliability, and efficiency in real-time electrical systems while focusing on optimizing electricity costs. The book discusses various aspects of the deregulated power market, including multi-objective optimization algorithms and stochastic optimization techniques relevant to smart grid development. With its emphasis on both theoretical and practical applications, this text serves as a valuable resource for those interested in the fields of energy, technology, and economics.
Official Synopsis
Electricity Pricing: Regulated, Deregulated and Smart Grid Systems presents proven methods for supplying uninterrupted, high-quality electrical power at a reasonable price to the consumer. Illustrating the evolution of the power market from a monopoly to an open access system, this essential text:
- Covers voltage stability analysis of longitudinal power supply systems using an artificial neural network (ANN)
- Explains how to improve performance using flexible alternating current transmission systems (FACTS) and high-voltage direct current (HVDC)
- Takes into account operating constraints as well as generation cost, line overload, and congestion for expected and inadvertent loading stress
- Goes beyond FACTS and HVDC to provide multi-objective optimization algorithms for the deregulated power market
- Proposes the use of stochastic optimization techniques in the smart grid, preparing the reader for future development
Electricity Pricing: Regulated, Deregulated and Smart Grid Systems offers practical solutions for improving stability, reliability, and efficiency in real-time systems while optimizing electricity cost.
