03344nam 22006375 450 991055688350332120251113190646.03-030-92871-310.1007/978-3-030-92871-1(MiAaPQ)EBC6941323(Au-PeEL)EBL6941323(CKB)21435622300041(PPN)261518399(OCoLC)1306525224(DE-He213)978-3-030-92871-1(EXLCZ)992143562230004120220328d2022 u| 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierEconomics of Power Systems /by Makoto Tanaka, Antonio J. Conejo, Afzal S. Siddiqui1st ed. 2022.Cham :Springer International Publishing :Imprint: Springer,2022.1 online resource (327 pages)International Series in Operations Research & Management Science,2214-7934 ;327Print version: Tanaka, Makoto Economics of Power Systems Cham : Springer International Publishing AG,c2022 9783030928704 Includes bibliographical references and index.1. Demand -- 2. Supply -- 3. Market Clearing -- 4. Marginal Pricing -- 5. Market Power -- 6. Environmental Externalities -- 7. Investment.This book describes the latest microeconomic concepts and operations research (OR) techniques needed to comprehend the design and operation of power markets, as well as the actions of their agents: producers, consumers, operators, and regulators. This is critical when it comes to addressing a constantly evolving power system environment that incorporates an increasing number of no-marginal-cost renewable sources, increasingly competitive storage facilities, increasingly responsive demands, and widespread communication channels that allow distributed decision-making. Such evolving environments call for a re-examination of the microeconomic concepts and OR techniques required by graduate students and practitioners in the electric energy field. This accessible, tutorial-style book features numerous illustrative examples to help readers grasp the economic concepts and OR procedures used by power market professionals. The authors explain these concepts and procedures and present a vision of a renewable-dominated marketplace. Each chapter also includes exercises.International Series in Operations Research & Management Science,2214-7934 ;327Operations researchEnvironmental economicsMicroeconomicsOperations Research and Decision TheoryEnvironmental EconomicsMicroeconomicsOperations research.Environmental economics.Microeconomics.Operations Research and Decision Theory.Environmental Economics.Microeconomics.333.79333.79323Tanaka Makoto1219279Siddiqui Afzal S.Conejo Antonio J.MiAaPQMiAaPQMiAaPQBOOK9910556883503321Economics of power systems2978529UNINA