Power System Flexibility: Modeling, Optimization and Mechanism Design - Softcover

Zhou, Ming; Wu, Zhaoyuan; Li, Gengyin

Softcover

ISBN 10: 981199076X ISBN 13: 9789811990762

Publisher: Springer, 2023

Synopsis

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.

Edition details

• Publisher: Springer
• Publication date: 2023
• Language: English
• ISBN 10: 981199076X
• ISBN 13: 9789811990762
• Binding: Paperback
• Number of pages: 284