The definitive textbook for Power Systems students, providing a grounding in essential power system theory while also focusing on practical power engineering applications. Electric Power Systems has been an essential book in power systems engineering for over thirty years. Bringing the content firmly up-to-date whilst still retaining the flavour of Weedy's extremely popular original, this Fifth Edition has been revised by experts Nick Jenkins, Janaka Ekanayake and Goran Strbac. This wide-ranging text still covers all of the fundamental power systems subjects but is now expanded to cover increasingly important topics like climate change and renewable power generation. Updated material includes an analysis of today's markets and an examination of the current economic state of power generation. The physical limits of power systems equipment - currently being tested by the huge demand for power - is explored, and greater attention is paid to power electronics, voltage source and power system components, amongst a host of other updates and revisions. <ul>
<li>Supplies an updated chapter on power system economics and management issues and extended coverage of power system components. Also expanded information on power electronics and voltage source, including VSC HVDC and FACTS. </li> <li>Updated to take into account the challenges posed by different world markets, and pays greater attention to up-to-date renewable power generation methods such as wind power. </li> <li>Includes modernized presentation and greater use of examples to appeal to today's students, also retains the end of chapter questions to assist with the learning process. Also shows students how to apply calculation techniques. </li> </ul>

Electric Power Systems

Engineering & Transportation

Strbac, Goran

Weedy, B. M.

Cory, B. J.

Jenkins, N.

Ekanayake, Janaka B.

Engineering

wiley

Interest in power systems economics is gaining momentum with the recent power supply shortages in America and the rising cost of fossil fuels. The involvement of independent power generators, brokers and distributors has changed the way in which power systems operate. Kirschen and Strbac use a combination of traditional engineering techniques and fundamental economics to address the long-term problems of power system development in a competitive environment. Power system engineers, operators, planners and policy makers working in the deregulated environment will value this practical guide, also of great interest to postgraduate and advanced undergraduate students in electrical and power engineering. 
<ul>
<li>Outlines the principles of competitive electricity markets alongside the operation and development of the supporting transmission and distribution networks</li> <li>Applies basic economic principles to power system operating and planning</li> <li>Written by recognised experts in the field</li> </ul>
For further information and to register for the solutions manual visit: http://www.wiley.com/go/powersystemeconomics

Fundamentals of Power System Economics

Business & Money

Kirschen, Daniel S.

Economics

The use of combined heat and power (CHP) plants and renewable energy sources reduces the amount of greenhouse gases released into the atmosphere and helps to alleviate the consequent climate change. The policies of many governments suggest that the proportion of electrical energy produced by these sources will increase dramatically over the next two decades. Unlike traditional generating units, these new types of power plant are usually 'embedded' in the distribution system or 'dispersed' around the network. As a result, conventional design and operating practices are no longer applicable; for example, power protection principles have to be revised and complex economic questions need to be resolved. This book, intended for both students and practising engineers, addresses all the issues pertinent to the implementation of embedded generation. Much of the material was originally developed for the UMIST MSc/CPD course in Electrical Power Engineering so there is a strong tutorial element. However, since this subject is evolving very rapidly, the authors also discuss the technical and commercial consequences of the very high penetration of embedded generation that are to be expected in the years ahead.

Embedded Generation (Energy Engineering)

Science & Math

Jenkins, Nick

Allan, Ron

Crossley, Peter

Kirschen, Daniel

Technology

The Institution of Engineering and Technology

Throughout the world there is concern over the impact of energy use on the environment (particularly CO2 emissions) and also over the security of fossil fuel supplies. Consequently, governments and energy planners are actively encouraging alternative and cleaner forms of energy production such as renewables (e.g. wind, solar, biomass) and combined heat and power (CHP). The economics and locations of sustainable energy sources have meant that many of these new generators are connected into distribution networks. It is recognized that the information flow and control of distribution networks is inadequate for these future low-carbon electricity supply systems. The future distribution network will change its operation from passive to active, and the distributed generators will be controlled to support the operation of the power system. In many countries this transformation of electricity supply is managed through energy markets and privately owned, regulated transmission and distribution systems. This book discusses the connection of generation to distribution networks and then moves on to consider how sustainable generation can be fully integrated into the operation of the power system. Both technical and economic aspects are addressed. It is written for later-year undergraduate and postgraduate students studying courses on energy. The book has four tutorial chapters (with examples and questions) to provide fundamental material for those without a strong electrical engineering background.

Distributed Generation (Energy Engineering)

Ekanayake, Janaka

A new edition of the classic text explaining the fundamentals of competitive electricity markets―now updated to reflect the evolution of these markets and the large scale deployment of generation from renewable energy sources The introduction of competition in the generation and retail of electricity has changed the ways in which power systems function. The design and operation of successful competitive electricity markets requires a sound understanding of both power systems engineering and underlying economic principles of a competitive market. This extensively revised and updated edition of the classic text on power system economics explains the basic economic principles underpinning the design, operation, and planning of modern power systems in a competitive environment. It also discusses the economics of renewable energy sources in electricity markets, the provision of incentives, and the cost of integrating renewables in the grid. Fundamentals of Power System Economics, Second Edition looks at the fundamental concepts of microeconomics, organization, and operation of electricity markets, market participants' strategies, operational reliability and ancillary services, network congestion and related LMP and transmission rights, transmission investment, and generation investment. It also expands the chapter on generation investments―discussing capacity mechanisms in more detail and the need for capacity markets aimed at ensuring that enough generation capacity is available when renewable energy sources are not producing due to lack of wind or sun. <ul>
<li>Retains the highly praised first edition's focus and philosophy on the principles of competitive electricity markets and application of basic economics to power system operating and planning</li> <li>Includes an expanded chapter on power system operation that addresses the challenges stemming from the integration of renewable energy sources</li> <li>Addresses the need for additional flexibility and its provision by conventional generation, demand response, and energy storage</li> <li>Discusses the effects of the increased uncertainty on system operation</li> <li>Broadens its coverage of transmission investment and generation investment</li> <li>Supports self-study with end-of-chapter problems and instructors with solutions manual via companion website</li> </ul>
Fundamentals of Power System Economics, Second Edition is essential reading for graduate and undergraduate students, professors, practicing engineers, as well as all others who want to understand how economics and power system engineering interact.

Industries

Comprehensive resource focusing on natural hazards and their impact on power systems, with case studies and tutorials included Fundamentals of Power System Resilience is the first book to cover the topic of power system resilience in a holistic manner, ranging from novel conceptual frameworks for understanding the concept, to advanced assessment and quantifying techniques, to optimization planning algorithms and regulatory frameworks towards resilient power grids. The text explicitly addresses the needs and challenges of current network planning and operation standards and examines the steps and standard amendments needed to achieve low-carbon, resilient power systems. Practically, it provides frameworks to assess resilience in operation and planning and relevant quantification metrics. Case studies from around the world (real data and project developments as well as simulations) including windstorms, wildfires, floods, earthquakes, blackouts, and brownouts, etc. are included, with applications from the UK, Chile, Australia, and Greece. The text is further supported by problem, solutions, and tutorial examples for classrooms. Lastly, a companion website includes digital files with codes to run the book's examples in open-source software. In Fundamentals of Power System Resilience, readers can expect to find specific information on: <ul> <li>Classical reliability standards, covering the changing energy landscape and limitations of existing reliability-driven network planning and operation standards</li> <li>How resilience is interpreted in the power systems community, and characterizations and differentiation of threats</li> <li>Spatiotemporal impact assessment of external shocks on power systems, trapezoid applications to different events of different time-scales, and AC cascading models for resilience applications</li> <li>Conventional approaches to asset failure data representation and modeling of the relationship between weather/asset outages</li> </ul> Fundamentals of Power System Resilience provides fundamental knowledge of the subject and is an excellent supplementary reference for final undergraduates and postgraduate students due to its mix of basic and advanced content and tutorial-like exercises. It is also essential for regulators and practitioners for shaping the future resilient power systems.

Fundamentals of Power System Resilience: Disruptions by Natural Causes

Mancarella, Pierluigi

Jamieson, Magnus

Hatziargyriou, Nikos

Moreno, Rodrigo

Panteli, Mathaios

Trakas, Dimitris

Wiley-IEEE Press

Reliability Standards for the Operation and Planning of Future Electricity Networks looks at why historical deterministic practices and standards, mostly developed in the 1950’s, should be reviewed in order to take full advantage of new emerging technologies and facilitate transition to a smart grid paradigm. It also demonstrates that a probabilistic approach to developing future efficient operating and design strategies enabled by new technologies, will appropriately balance network investment against non-network solutions while truly recognizing the effects of adverse weather, common mode failures, high impact low probability events, changing market prices for pre and post-contingency actions, equipment malfunctioning, etc. This clearly requires explicit consideration of the likelihood of various outages (beyond those considered in deterministic studies) and quantification of their impacts on alternative network operation and investment decisions, which cannot be undertaken in a deterministic, “one size fits all” framework.   Through various case studies conducted on the Great Britain (GB) power network, this monograph sets out the key questions that need to be addressed in support of change in the network reliability paradigm. It provides an overview of the key modelling approaches proposed for assessing the risk profile of operation of future networks, proposes a framework for a fundamental review of the existing network security standards, and sets out challenges for assessing the reliability and economics of the operation of future electricity networks.

Reliability Standards for the Operation and Planning of Future Electricity Networks (Foundations and Trends(r) in Electric Energy Systems)

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