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Economics of Power Systems / / by Makoto Tanaka, Antonio J. Conejo, Afzal S. Siddiqui



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Autore: Tanaka Makoto Visualizza persona
Titolo: Economics of Power Systems / / by Makoto Tanaka, Antonio J. Conejo, Afzal S. Siddiqui Visualizza cluster
Pubblicazione: Cham : , : Springer International Publishing : , : Imprint : Springer, , 2022
Edizione: 1st ed. 2022.
Descrizione fisica: 1 online resource (327 pages)
Disciplina: 333.79
333.79323
Soggetto topico: Operations research
Environmental economics
Microeconomics
Operations Research and Decision Theory
Environmental Economics
Persona (resp. second.): SiddiquiAfzal S.
ConejoAntonio J.
Nota di bibliografia: Includes bibliographical references and index.
Nota di contenuto: 1. Demand -- 2. Supply -- 3. Market Clearing -- 4. Marginal Pricing -- 5. Market Power -- 6. Environmental Externalities -- 7. Investment.
Sommario/riassunto: 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.
Titolo autorizzato: Economics of power systems  Visualizza cluster
ISBN: 3-030-92871-3
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910556883503321
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Serie: International Series in Operations Research & Management Science, . 2214-7934 ; ; 327