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Cover image for Electric power systems : advanced forecasting techniques and optimal generation scheduling
Title:
Electric power systems : advanced forecasting techniques and optimal generation scheduling
Publication Information:
Boca Raton : CRC Press, 2012.
Physical Description:
1 v. (various pagings ) : ill. ; 24 cm.
ISBN:
9781439893944
Abstract:
"Preface A wide-ranging impression about the subjects discussed in this book is that the topics are pivotal for understanding and solving some of the problems flourishing in the second decade of the twenty-first century in the field of management of electric power generation systems. Noticeably, the chapters start with some of the last-decade knowledge to uncover lines of research on some of the present knowledge and, in due course, anticipate some of the admissible lines for future research in management of electric power generation systems. The scope of the book is well defined and of significant interest. Indeed, the development of new methodologies carrying away an improved forecasting and scheduling of electric power generation systems is crucial under the new competitive and environmentally constrained energy policy. The capability to cope with uncertainty and risk will benefit significantly generating companies. It is a fact that to avoid losing advantages of participating in the electricity market or negotiating bilateral contracts, a power producer should self-schedule its power system in anticipation. In recognition of this fact, hydro and thermal scheduling are relevant topics today. Already, wind power generation is playing an important role in some countries and will be even more important in the nearby future of energy supply in many countries. Thus, optimal coordination between hydro, thermal, and wind power is of utmost importance. Deterministic and stochastic modeling frameworks are allowing the development of the next generation of computational tools to help successful management of electric power generation systems. Research is underway to conquer the capability to cope with the present and the future of electric power generation systems as shown"-- Provided by publisher.
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30000010303001 TK1001 E424 2012 Open Access Book Book
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33000000000702 TK1001 E424 2012 Open Access Book Book
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Summary

Summary

Electric Power Systems: Advanced Forecasting Techniques and Optimal Generation Scheduling helps readers develop their skills in modeling, simulating, and optimizing electric power systems. Carefully balancing theory and practice, it presents novel, cutting-edge developments in forecasting and scheduling. The focus is on understanding and solving pivotal problems in the management of electric power generation systems.

Methods for Coping with Uncertainty and Risk in Electric Power Generation

Outlining real-world problems, the book begins with an overview of electric power generation systems. Since the ability to cope with uncertainty and risk is crucial for power generating companies, the second part of the book examines the latest methods and models for self-scheduling, load forecasting, short-term electricity price forecasting, and wind power forecasting.

Toward Optimal Coordination between Hydro, Thermal, and Wind Power

Using case studies, the third part of the book investigates how to achieve the most favorable use of available energy sources. Chapters in this section discuss price-based scheduling for generating companies, optimal scheduling of a hydro producer, hydro-thermal coordination, unit commitment with wind generators, and optimal optimization of multigeneration systems.

Written in a pedagogical style that will appeal to graduate students, the book also expands on research results that are useful for engineers and researchers. It presents the latest techniques in increasingly important areas of power system operations and planning.


Author Notes

João P.S. Catalão received an MSc degree from the Instituto Superior Tecnico (IST), Lisbon, Portugal, in 2003 and a PhD from the University of Beira Interior (UBI), Covilha, Portugal, in 2007. He is currently a professor at UBI and a director of the Master Program in Electromechanical Engineering. His scientific area of interest at the Center for Innovation in Electrical and Energy Engineering (CIEEE), IST, is related to power and energy systems. He coordinates a research group in renewable energies and sustainability at UBI. He is an IEEE and an IET member, a senior member of the Portuguese Council of Engineers, and a member of the IASTED Technical Committee on Energy and Power Systems. He is the author/coauthor of more than 160 scientific papers, including 50 papers in international journals and 100 papers in conference proceedings. He is an editor of IEEE Transactions on Sustainable Energy, and an editorial board member of Electric Power Components and Systems.

For more information about Professor Catalão, see his web page at UBI.


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