| Price-Based Commitment Decisions in the Electricity Market Contributor(s): Allen, Eric (Author), Lindberg, Rick (Author), Brenner, Marty (Author) |
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ISBN: 1852330694 ISBN-13: 9781852330699 Publisher: Springer OUR PRICE: $94.05 Product Type: Hardcover - Other Formats Published: December 1998 |
| Additional Information |
| BISAC Categories: - Science | Energy - Technology & Engineering | Electrical - Technology & Engineering | Power Resources - General |
| Dewey: 333.793 |
| LCCN: 98041453 |
| Series: Advances in Industrial Control |
| Physical Information: 0.63" H x 6.14" W x 9.21" (1.20 lbs) 264 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: With major structural changes will need to be thoroughly reexamined. This book discusses decision making for problems where a particular decision affects the options available at the next decision time. The deregulation of the electric utility industry will shift the emphasis from a cost-based to a price-based approach; the resulting occuring in the electric power industry, many long-standing ways of operation increase in uncertainty requires that a stochastic approach be adopted for optimal decision-making. This monograph covers a wide range of topics including dynamic programming, ordinal optimization, price modelling and forecasting, future market decisions, reserve market decisions and decisions in a congested market place. |
