Electricity Power Generation. The Changing Dimensions

The integration of new sources of energy like wind power, solar-power, small-scale generation, or combined heat and power in the power grid is something that impacts a lot of stakeholders: network companies (both distribution and transmission), the owners and operators of the DG units, other end-users of the power grid (including normal consumers like you and me) and not in the least policy makers and regulators. There is a lot of misunderstanding about the impact of DG on the power grid, with one side (including mainly some but certainly not all, network companies) claiming that the lights will go out soon, whereas the other side (including some DG operators and large parks of the general public) claiming that there is nothing to worry about and that it's all a conspiracy of the large production companies that want to protect their own interests and keep the electricity price high. The authors are of the strong opinion that this is NOT the way one should approach such an important subject as the integration of new, more environmentally friendly, sources of energy in the power grid. With this book the authors aim to bring some clarity to the debate allowing all stakeholders together to move to a solution. This book will introduce systematic and transparent methods for quantifying the impact of DG on the power grid.

Bridges the knowledge gap between engineering and economics in a complex and evolving deregulated electricity industry, enabling readers to understand, operate, plan and design a modern power system With an accessible and progressive style written in straight-forward language, this book covers everything an engineer or economist needs to know to understand, operate within, plan and design an effective liberalized electricity industry, thus serving as both a useful teaching text and a valuable reference. The book focuses on principles and theory which are independent of any one market design. It outlines where the theory is not implemented in practice, perhaps due to other over-riding concerns. The book covers the basic modelling of electricity markets, including the impact of uncertainty (an integral part of generation investment decisions and transmission cost-benefit analysis). It draws out the parallels to the Nordpool market (an important point of reference for Europe). Written from the perspective of the policy-maker, the first part provides the introductory background knowledge required. This includes an understanding of basic economics concepts such as supply and demand, monopoly, market power and marginal cost. The second part of the book asks how a set of generation, load, and transmission resources should be efficiently operated, and the third part focuses on the generation investment decision. Part 4 addresses the question of the management of risk and Part 5 discusses the question of market power. Any power system must be operated at all times in a manner which can accommodate the next potential contingency. This demands responses by generators and loads on a very short timeframe. Part 6 of the book addresses the question of dispatch in the very short run, introducing the distinction between preventive and corrective actions and why preventive actions are sometimes required. The seventh part deals with pricing issues that arise under a regionally-priced market, such as the Australian NEM. This section introduces the notion of regions and interconnectors and how to formulate constraints for the correct pricing outcomes (the issue of «constraint orientation»). Part 8 addresses the fundamental and difficult issue of efficient transmission investment, and finally Part 9 covers issues that arise in the retail market. Bridges the gap between engineering and economics in electricity, covering both the economics and engineering knowledge needed to accurately understand, plan and develop the electricity market Comprehensive coverage of all the key topics in the economics of electricity markets Covers the latest research and policy issues as well as description of the fundamental concepts and principles that can be applied across all markets globally Numerous worked examples and end-of-chapter problems Companion website holding solutions to problems set out in the book, also the relevant simulation (GAMS) codes

Coal accounts for approximately one quarter of world energy consumption and of the coal produced worldwide approximately 65% is shipped to electricity producers and 33% to industrial consumers, with most of the remainder going to consumers in the residential and commercial sectors. The total share of total world energy consumption by coal is expected to increase to almost 30% in 2035.  This book describes the challenges and steps by which electricity is produced form coal and deals with the challenges for removing the environmental objections to the use of coal in future power plants. New technologies are described that could virtually eliminate the sulfur, nitrogen, and mercury pollutants that are released when coal is burned for electricity generation. In addition, technologies for the capture greenhouse gases emitted from coal-fired power plants are described and the means of preventing such emissions from contributing to global warming concerns.  Written by one of the world’s leading energy experts, this volume is a must-have for any engineer, scientist, or student working in this field, providing a valuable reference and guide in a quickly changing field.

A thoroughly revised new edition of the definitive work on power systems best practices In this eagerly awaited new edition, Power Generation, Operation, and Control continues to provide engineers and academics with a complete picture of the techniques used in modern power system operation. Long recognized as the standard reference in the field, the book has been thoroughly updated to reflect the enormous changes that have taken place in the electric power industry since the Second Edition was published seventeen years ago. With an emphasis on both the engineering and economic aspects of energy management, the Third Edition introduces central «terminal» characteristics for thermal and hydroelectric power generation systems, along with new optimization techniques for tackling real-world operating problems. Readers will find a range of algorithms and methods for performing integrated economic, network, and generating system analysis, as well as modern methods for power system analysis, operation, and control. Special features include: State-of-the-art topics such as market simulation, multiple market analysis, contract and market bidding, and other business topics Chapters on generation with limited energy supply, power flow control, power system security, and more An introduction to regulatory issues, renewable energy, and other evolving topics New worked examples and end-of-chapter problems A companion website with additional materials, including MATLAB programs and power system sample data sets

The first book to address the early development of the photovoltaic industry, and the pioneering researchers and companies in the sector Well before the end of this century, solar power will be the world's dominant power source. This book looks at the origins of this smart sustainable energy technology, tracing the pioneering years from its inception following the 1973 oil crisis to the end of the last millennium—just as the sector was poised for explosive growth. It focuses on the progress of the early terrestrial photovoltaic sector, often in the face of skepticism or apathy. It also covers the research and achievements of people and organizations within the PV business. Written by a leader in the field with more than 40 years of experience and an international reputation in the sustainable energy industry, The Solar Generation: Childhood and Adolescence of Terrestrial Photovoltaics offers enlightening coverage on the terrestrial PV industry. The first part of this 3-volume set provides a historical backdrop to the technology and tracks the development of research, markets, prices, applications, policies, and more. Part II is called the ‘encyclopedia’ and features a Who’s Who of the most influential people and profiles of key companies, events, and developments. Finally, Part III is the reference section and comes complete with glossaries, bibliography, and an incredibly comprehensive index. This text also: Addresses the early development of the PV sector from a global perspective Focuses on a defined period, leaving scope for later follow-ups as the sector matures Offers a study on the interactions between technology, policy, and market drivers The Solar Generation is an ideal book for all professionals in the power and energy field from every corner of the globe.

A comprehensive resource that provides the basic concepts of electric power systems, microeconomics, and optimization techniques Electricity Markets: Theories and Applications offers students and practitioners a clear understanding of the fundamental concepts of the economic theories, particularly microeconomic theories, as well as information on some advanced optimization methods of electricity markets. The authors—noted experts in the field—cover the basic drivers for the transformation of the electricity industry in both the United States and around the world and discuss the fundamentals of power system operation, electricity market design and structures, and electricity market operations. The text also explores advanced topics of power system operations and electricity market design and structure including zonal versus nodal pricing, market performance and market power issues, transmission pricing, and the emerging problems electricity markets face in smart grid and micro-grid environments. The authors also examine system planning under the context of electricity market regime. They explain the new ways to solve problems with the tremendous amount of economic data related to power systems that is now available. This important resource: Introduces fundamental economic concepts necessary to understand the operations and functions of electricity markets Presents basic characteristics of power systems and physical laws governing operation Includes mathematical optimization methods related to electricity markets and their applications to practical market clearing issues Electricity Markets: Theories and Applications is an authoritative text that explores the basic concepts of the economic theories and key information on advanced optimization methods of electricity markets.

The Fourth Edition of Changing the U.S. Health Care System addresses the key topics in health care policy and management, presenting evidence-based views of current issues. Each chapter is written by an expert in the field who integrates evidence to explain the current condition and presents support for needed change. The book examines all the levers in the setting and implementation of health policy, and includes extensive coverage of impact of the Affordable Care Act, particularly on Medicare, Medicaid, and large and small group insurance markets. Also new to this edition is expanded coverage of nursing, disease management, mental health, women's health, children's health, and care for the homeless.

WAVE AND CURRENT POWER GENERATION Written by two well-known and respected engineers, this exciting new volume is the most up-to-date and comprehensive text on power generation from waves and water currents available today to engineers, scientists, and students, also covering the latest advances in wind power generation. As the world turns further and further away from fossil fuel energy sources, unconventional and renewable sources of energy, such as power generation from water sources and wind energy, are becoming more and more important. Hydropower has been around for decades, but this book suggests new methods that are more cost-effective and less intrusive to the environment for creating power sources from rivers, the tides, and other sources of water. Written by two experts in the field, it also covers wind energy and how it can be more efficiently harnessed. This groundbreaking new volume deals with modern problems of using wind energy, namely, jet currents in the atmosphere and the energy of water flows of rivers, ocean and sea currents, including those caused by tides. Wind and water-based energy sources form an essential part of the renewable energy solution. The engineering measures discussed in this book prove, for example, that by reducing the rate of dissipation of atmospheric surface low-level currents by only one percent, it is possible to provide all of humanity with energy at rates twice the per capita consumption of the wealthiest countries. Whether for the veteran engineer or the engineering student, this book is a must-have for any library. Wave, Wind and Current Power Generation: Is one of the first books available on wave and current power generation containing information for engineers to use for solving day-to-day problems Assists engineers in rapidly analyzing problems and finding effective design methods and select mechanical specifications Provides methods and proven fundamentals of process design for practical application Helps achieve optimum operations and process conditions and shows how to translate design fundamentals into mechanical equipment specifications Covers not just wave and current power generation, but also has a section on wind power generation and a comprehensive overview of renewable energy in the world today