Price-Based Commitment Decisions in the Electricity Market
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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
- OCLC Control Number853263090
- Better World Books9781447111627
- Open LibraryOL27082500M
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 Market
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