ENGLISH

Power System Flexibility: Modeling, Optimization and Mechanism Design

By Ming Zhou; Zhaoyuan Wu; Gengyin Li

Book information

Publisher
Springer Nature
Year
2023
ISBN
9789811990755, 9789811990748, 9811990751
Language
english
Format
EPUB
Filesize
38 MB (40312889 bytes)
Pages
279\0
Library
SoftArchive
Time added
2023-07-16 19:45:39

Description

This book provides a detailed description of the flexibility of the power system with high share of variable renewable generation, including power system flexibility modeling, flexibility-based economic dispatch, demand side flexibility response, large-scale distributed flexible resources aggregation and market design for enhancing the flexibility of the power system, etc. The book provides an appropriate blend of theoretical background and practical applications of the power system flexibility, which are developed as working algorithms, coded in MATLAB and GAMS environments. This feature strengthens the usefulness of the book for graduate students and practitioners. Students will gain an insightful understanding of the flexibility of the power system with high share of renewables integration, including: (1) the formulation of flexibility modeling and flexibility-based economic dispatch models, (2) the familiarization with efficient solution algorithms for such models, (3) insights into these problems through the detailed analysis of numerous illustrative examples and (4) market design approach for enhancing the flexibility of the power system. Hopefully, this book greatly benefits readers in the fields of energy economics and engineering.

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