Electricity Pricing: Regulated, Deregulated and Smart Grid Systems

1st Edition

Sawan Sen, Samarjit Sengupta, Abhijit Chakrabarti

CRC Press
Published April 4, 2018
Reference - 244 Pages - 16 Color & 62 B/W Illustrations
ISBN 9781138074019 - CAT# K33964

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Summary

Electricity Pricing: Regulated, Deregulated and Smart Grid Systems presents proven methods for supplying uninterrupted, high-quality electrical power at a reasonable price to the consumer. Illustrating the evolution of the power market from a monopoly to an open access system, this essential text:

  • Covers voltage stability analysis of longitudinal power supply systems using an artificial neural network (ANN)
  • Explains how to improve performance using flexible alternating current transmission systems (FACTS) and high-voltage direct current (HVDC)
  • Takes into account operating constraints as well as generation cost, line overload, and congestion for expected and inadvertent loading stress
  • Goes beyond FACTS and HVDC to provide multi-objective optimization algorithms for the deregulated power market
  • Proposes the use of stochastic optimization techniques in the smart grid, preparing the reader for future development

Electricity Pricing: Regulated, Deregulated and Smart Grid Systems offers practical solutions for improving stability, reliability, and efficiency in real-time systems while optimizing electricity cost.

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