Integrating Renewables in Electricity Markets: Operational Problems (Internat...

Description: Integrating Renewables in Electricity Markets: Operational Problems (International Series in Operations Research & Management Science, 205) [Paperback] Morales, Juan M. M.; Conejo, Antonio J.; Madsen, Henrik; Pinson, Pierre and Zugno, Marco Product Overview This addition to the ISOR series addresses the analytics of the operations of electric energy systems with increasing penetration of stochastic renewable production facilities, such as wind- and solar-based generation units.As stochastic renewable production units become ubiquitous throughout electric energy systems, an increasing level of flexible backup provided by non- stochastic units and other system agents is needed if supply security and quality are to be maintained.Within the context above, this book provides up- to-date analytical tools to address challenging operational problems such as:• The modeling and forecasting of stochastic renewable power production. • The characterization of the impact of renewable production on market outcomes. • The clearing of electricity markets with high penetration of stochastic renewable units. • The development of mechanisms to counteract the variability and unpredictability of stochastic renewable units so that supply security is not at risk. • The trading of the electric energy produced by stochastic renewable producers. • The association of a number of electricity production facilities, stochastic and others, to increase their competitive edge in the electricity market. • The development of procedures to enable demand response and to facilitate the integration of stochastic renewable units.This book is written in a modular and tutorial manner and includes many illustrative examples to facilitate its comprehension. It is intended for advanced undergraduate and graduate students in the fields of electric energy systems, applied mathematics and economics. Practitioners in the electric energy sector will benefit as well from the concepts and techniques explained in this book. Read more Details Publisher ‏ : ‎ Springer; Softcover reprint of the original 1st ed. 2014 edition (August 23, 2016) Language ‏ : ‎ English Paperback ‏ : ‎ 445 pages ISBN-10 ‏ : ‎ 1489979530 ISBN-13 ‏ : ‎ 37 Item Weight ‏ : ‎ 1.37 pounds Dimensions ‏ : ‎ 6.1 x 1.01 x 9.25 inches Best Sellers Rank: #10,523,839 in Books (See Top 100 in Books) #2,240 in Electric Energy #2,898 in Machinery Engineering (Books) #2,989 in Business Operations Research (Books) #2,240 in Electric Energy #2,898 in Machinery Engineering (Books) We have been selling used books since 2012, and we've learned that the most important thing is doing good business. Honesty is our policy. Free Shipping We ship worldwide. We have multiple warehouses around the world, so please note the extended handling time on certain listings.

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