Author

Contributions

  • Ilić, Marija - Contributor

Publication

1999 - Springer London, London, United Kingdom

Language

English

Word Count

60,500 words, Guess

Page Count

242 pages

Physical Format

Electronic resource

Identifiers

  • Internet Archivepricebasedcommit00alle
  • ISBN-101447111621
  • ISBN-101447105710
  • ISBN-139781447111627
  • ISBN-139781447105718
and 3 more

Classifications

  • DDC629.8
  • LCCTJ212-225

Description

With major structural changes will need to be thoroughly reexamined. This book discusses decision making for problems where a particular decision affects the options available at the next decision time. The deregulation of the electric utility industry will shift the emphasis from a cost-based to a price-based approach; the resulting occuring in the electric power industry, many long-standing ways of operation increase in uncertainty requires that a stochastic approach be adopted for optimal decision-making. This monograph covers a wide range of topics including dynamic programming, ordinal optimization, price modelling and forecasting, future market decisions, reserve market decisions and decisions in a congested market place.

Subjects

Series Statement

  • Advances in Industrial Control

Other Editions

  • Price-Based Commitment Decisions in the Electricity MarketElectronic resourceSpringer London1999-01-01

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