Optimization Models in Electricity Markets

Author:   Anthony Papavasiliou (National Technical University of Athens)
Publisher:   Cambridge University Press
ISBN:  

9781009416610


Pages:   300
Publication Date:   13 June 2024
Format:   Hardback
Availability:   Not yet available, will be POD   Availability explained
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon it's release. This is a print on demand item which is still yet to be released.

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Optimization Models in Electricity Markets


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Overview

Get up-to-speed with the fundamentals of how electricity markets are structured and operated with this comprehensive textbook, presenting coverage of key topics in electricity market design, including power system and power market operations, transmission, unit commitment, demand response, and risk management. It includes over 140 practical examples, inspired by real-industry applications, connecting key theoretical concepts to practical scenarios in electricity market design, and features over 100 coding-based examples and exercises, with selected solutions for readers. It further demonstrates how mathematical programming models are implemented in an industry setting. Requiring no experience in power systems or energy economics, this is the ideal introduction to electricity markets for senior undergraduate and graduate students in electrical engineering, economics, and operations research, and a robust introduction to the field for professionals in utilities, energy policy, and energy regulation. Accompanied online by datasets, AMPL code, supporting videos, and full solutions and lecture slides for instructors.

Full Product Details

Author:   Anthony Papavasiliou (National Technical University of Athens)
Publisher:   Cambridge University Press
Imprint:   Cambridge University Press
ISBN:  

9781009416610


ISBN 10:   1009416618
Pages:   300
Publication Date:   13 June 2024
Audience:   General/trade ,  General
Format:   Hardback
Publisher's Status:   Forthcoming
Availability:   Not yet available, will be POD   Availability explained
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon it's release. This is a print on demand item which is still yet to be released.

Table of Contents

Preface; 1. Introduction; 2. Mathematical background; 3. Power system operations and power market operations; 4. Economic dispatch; 5. The transmission network; 6. Ancillary services; 7. Unit commitment; 8. Hydrothermal planning; 9. Risk management; 10. Demand response; 11. Generation capacity expansion; 12. Beyond electricity; Appendix A; Appendix B; Appendix C.

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Author Information

Anthony Papavasiliou is an Assistant Professor of Electrical and Computer Engineering at the National Technical University of Athens, and a former Associate Professor and holder of the ENGIE Chair at UCLouvain. He obtained his PhD and conducted post-doctoral research at the department of Industrial Engineering and Operations Research at UC Berkeley. He is the recipient of the Francqui Foundation research professorship, an ERC Starting Grant, and the Bodossaki Foundation Distinguished Young Scientist award. He is a former Associate Editor for Operations Research and IEEE Transactions on Power Systems.

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