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Market Operations In Electric Power Systems Forecasting Scheduling & Risk Management
Alfred Street (University of Auckland Store)
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Market Operations In Electric Power Systems Forecasting Scheduling & Risk Management
Hardback Edition: 1
An essential overview of post-deregulation market operations in electrical power systems
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Until recently the U.S. electricity industry was dominated by vertically integrated utilities. It is now evolving into a distributive and competitive market driven by market forces and increased competition. With electricity amounting to a $200
billion per year market in the United States, the implications of this restructuring will naturally affect the rest of the world. Why is restructuring necessary? What are the components of restructuring? How is the new structure different from the old monopoly? How are the participants strategizing their options to maximize their revenues? What are the market risks and how are they evaluated? How are interchange transactions analyzed and approved? Starting with a background sketch of the industry, this hands-on reference provides insights into the new trends in power systems operation and control, and highlights advanced issues in the field.
Publisher : John Wiley & Sons, Ltd
Publication date : 2003-05-01
Pages : 552
Subjects: Non-fiction, Business / Law, Accounting / Finance, Finance, Investment & Securities