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 latest practical applications of electricity market equilibrium models in analyzing electricity markets Electricity market deregulation is driving the power energy production from a monopolistic structure into a competitive market environment. The development of electricity markets has necessitated the need to analyze market behavior and power. Restructured Electric Power Systems reviews the latest developments in electricity market equilibrium models and discusses the application of such models in the practical analysis and assessment of electricity markets. Drawing upon the extensive involvement in the research and industrial development of the leading experts in the subject area, the book starts by explaining the current developments of electrical power systems towards smart grids and then relates the operation and control technologies to the aspects in electricity markets. It explores: The problems of electricity market behavior and market power Mathematical programs with equilibrium constraints (MPEC) and equilibrium problems with equilibrium constraints (EPEC) Tools and techniques for solving the electricity market equilibrium problems Various electricity market equilibrium models State-of-the-art techniques for computing the electricity market equilibrium problems The application of electricity market equilibrium models in assessing the economic benefits of transmission expansions for market environments, forward and spot markets, short-term power system security, and analysis of reactive power impact Also featured are computational resources to allow readers to develop algorithms on their own, as well as future research directions in modeling and computational techniques in electricity market analysis. Restructured Electric Power Systems is an invaluable reference for electrical engineers and power system economists from power utilities and for professors, postgraduate students, and undergraduate students in electrical power engineering, as well as those responsible for the design, engineering, research, and development of competitive electricity markets and electricity market policy.
Family Theories: Foundations and Applications presents a comprehensive and accessible approach to the most current perspectives in the field of family theory. Integrates classic and contemporary writings on family theories Features compelling case studies drawn from the authors’ experiences working with thousands of students Represents an integrative use of theory, research, and practice Utilizes the metaphor of “developing your theory app” to translate complex academic ideas into accessible, student-friendly language
Plates: Theories and Applications provides a comprehensive introduction to plate structures, covering classical theory and applications. It considers plate structures in several forms, starting from the simple uniform, thin, homogeneous metallic structure to more efficient and durable alternatives involving features such as variable-thickness, lamination, sandwich construction, fiber reinforcement, functional gradation, and moderately-thick to very-thick geometry. Different theoretical models are then discussed for analysis and design purposes starting from the classical thin plate theory to alternatives obtained by incorporation of appropriate complicating effects or by using fundamentally different assumptions. Plates: Theories and Applications alsocovers the latest developments on the topic.
Formerly known as Handbook of Power System Engineering, this second edition provides rigorous revisions to the original treatment of systems analysis together with a substantial new four-chapter section on power electronics applications. Encompassing a whole range of equipment, phenomena, and analytical approaches, this handbook offers a complete overview of power systems and their power electronics applications, and presents a thorough examination of the fundamental principles, combining theories and technologies that are usually treated in separate specialised fields, in a single unified hierarchy. Key features of this new edition: Updates throughout the entire book with new material covering applications to current topics such as brushless generators, speed adjustable pumped storage hydro generation, wind generation, small-hydro generation, solar generation, DC-transmission, SVC, SVG (STATCOM), FACTS, active-filters, UPS and advanced railway traffic applications Theories of electrical phenomena ranging from DC and power frequency to lightning-/switching-surges, and insulation coordination now with reference to IEC Standards 2010 New chapters presenting advanced theories and technologies of power electronics circuits and their control theories in combination with various characteristics of power systems as well as induction-generator/motor driving systems Practical engineering technologies of generating plants, transmission lines, sub-stations, load systems and their combined network that includes schemes of high voltage primary circuits, power system control and protection A comprehensive reference for those wishing to gain knowledge in every aspect of power system engineering, this book is suited to practising engineers in power electricity-related industries and graduate level power engineering students.
Presenting the policy drivers, benefits and challenges for grid integration of electric vehicles (EVs) in the open electricity market environment, this book provides a comprehensive overview of existing electricity markets and demonstrates how EVs are integrated into these different markets and power systems. Unlike other texts, this book analyses EV integration in parallel with electricity market design, showing the interaction between EVs and differing electricity markets. Future regulating power market and distribution system operator (DSO) market design is covered, with up-to-date case studies and examples to help readers carry out similar projects across the world. With in-depth analysis, this book describes: the impact of EV charging and discharging on transmission and distribution networks market-driven EV congestion management techniques, for example the day-ahead tariff based congestion management scenario within electric distribution networks optimal EV charging management with the fleet operator concept and smart charging management EV battery technology, modelling and tests the use of EVs for balancing power fluctuations from renewable energy sources, looking at power system operation support, including frequency reserve, power regulation and voltage support An accessible technical book for power engineers and grid/distributed systems operators, this also serves as a reference text for researchers in the area of EVs and power systems. It provides distribution companies with the knowledge they need when facing the challenges introduced by large scale EV deployment, and demonstrates how transmission system operators (TSOs) can develop the existing system service market in order to fully utilize the potential of EV flexibility. With thorough coverage of the technologies for EV integration, this volume is informative for research professors and graduate students in power systems; it will also appeal to EV manufacturers, regulators, EV market professionals, energy providers and traders, mobility providers, EV charging station companies, and policy makers.
This book is a collection of papers from The American Ceramic Society's 35th International Conference on Advanced Ceramics and Composites, held in Daytona Beach, Florida, January 23-28, 2011. This issue includes papers presented in the Ceramics for Electric Energy Generation, Storage and Distribution; Advanced Ceramics and Composites for Nuclear and Fusion Applications; and Advanced Materials and Technologies for Rechargeable Batteries symposia.
A collection of papers from the below symposia held during the 10th Pacific Rim Conference on Ceramic and Glass Technology (PacRim10), June 2-7, 2013, in Coronado, California 2012: Solid Oxide Fuel Cells and Hydrogen Technology Direct Thermal to Electrical Energy Conversion Materials and Applications Photovoltaic Materials and Technologies Ceramics for Next Generation Nuclear Energy Advances in Photocatalytic Materials for Energy and Environmental Applications Ceramics Enabling Environmental Protection: Clean Air and Water Advanced Materials and Technologies for Electrochemical Energy Storage Systems Glasses and Ceramics for Nuclear and Hazardous Waste Treatment
Subprime Cities: The Political Economy of Mortgage Markets presents a collection of works from social scientists that offer insights into mortgage markets and the causes, effects, and aftermath of the recent 'subprime' mortgage crisis. Provides an even-handed and detailed analysis of mortgage markets and the recent housing crisis Features contributions from various social scientists with expertise in critical social theories who have assembled and analyzed detailed empirical information Offers a unique and powerful rebuttal to many of the misleading popular explanations of the crisis and its aftermath Reveals how racial minorities and the neighbourhoods inhabited by them are more likely to be targeted by subprime and predatory lenders
Presents the latest advances in complex-valued neural networks by demonstrating the theory in a wide range of applications Complex-valued neural networks is a rapidly developing neural network framework that utilizes complex arithmetic, exhibiting specific characteristics in its learning, self-organizing, and processing dynamics. They are highly suitable for processing complex amplitude, composed of amplitude and phase, which is one of the core concepts in physical systems to deal with electromagnetic, light, sonic/ultrasonic waves as well as quantum waves, namely, electron and superconducting waves. This fact is a critical advantage in practical applications in diverse fields of engineering, where signals are routinely analyzed and processed in time/space, frequency, and phase domains. Complex-Valued Neural Networks: Advances and Applications covers cutting-edge topics and applications surrounding this timely subject. Demonstrating advanced theories with a wide range of applications, including communication systems, image processing systems, and brain-computer interfaces, this text offers comprehensive coverage of: Conventional complex-valued neural networks Quaternionic neural networks Clifford-algebraic neural networks Presented by international experts in the field, Complex-Valued Neural Networks: Advances and Applications is ideal for advanced-level computational intelligence theorists, electromagnetic theorists, and mathematicians interested in computational intelligence, artificial intelligence, machine learning theories, and algorithms.
A guide to modeling analyses for financial and sports gambling markets, with a focus on major current events Addressing the highly competitive and risky environments of current-day financial and sports gambling markets, Forecasting in Financial and Sports Gambling Markets details the dynamic process of constructing effective forecasting rules based on both graphical patterns and adaptive drift modeling (ADM) of cointegrated time series. The book uniquely identifies periods of inefficiency that these markets oscillate through and develops profitable forecasting models that capitalize on irrational behavior exhibited during these periods. Providing valuable insights based on the author's firsthand experience, this book utilizes simple, yet unique, candlestick charts to identify optimal time periods in financial markets and optimal games in sports gambling markets for which forecasting models are likely to provide profitable trading and wagering outcomes. Featuring detailed examples that utilize actual data, the book addresses various topics that promote financial and mathematical literacy, including: Higher order ARMA processes in financial markets The effects of gambling shocks in sports gambling markets Cointegrated time series with model drift Modeling volatility Throughout the book, interesting real-world applications are presented, and numerous graphical procedures illustrate favorable trading and betting opportunities, which are accompanied by mathematical developments in adaptive model forecasting and risk assessment. A related web site features updated reviews in sports and financial forecasting and various links on the topic. Forecasting in Financial and Sports Gambling Markets is an excellent book for courses on financial economics and time series analysis at the upper-undergraduate and graduate levels. The book is also a valuable reference for researchers and practitioners working in the areas of retail markets, quant funds, hedge funds, and time series. Also, anyone with a general interest in learning about how to profit from the financial and sports gambling markets will find this book to be a valuable resource.
Energy storage examines different applications such as electric power generation, transmission and distribution systems, pulsed systems, transportation, buildings and mobile applications. For each of these applications, proper energy storage technologies are foreseen, with their advantages, disadvantages and limits. As electricity cannot be stored cheaply in large quantities, energy has to be stored in another form (chemical, thermal, electromagnetic, mechanical) and then converted back into electric power and/or energy using conversion systems. Most of the storage technologies are examined: batteries, hydrogen, super capacitors, SMES, flywheels, CAES, thermal storage and hydraulic gravitational storage.
This first comprehensive overview of reactive extrusion technology for over a decade combines the views of contributors from both academia and industry who share their experiences and highlight possible applications and markets. They also provide updated information on the underlying chemical and physical concepts, summarizing recent developments in terms of the material and machinery used. As a result, readers will find here a compilation of potential applications for reactive extrusion to access new and cost-effective polymeric materials, while using existing compounding machines.