Advances in Electric Power and Energy Systems: Load and Price Forecasting

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A comprehensive review of state-of-the-art approaches to power systems forecasting from the most respected names in the field, internationally

Advances in Electric Power and Energy Systems is the first book devoted exclusively to a subject of increasing urgency to power systems planning and operations. Written for practicing engineers, researchers, and post-grads concerned with power systems planning and forecasting, this book brings together contributions from many of the world’s foremost names in the field who address a range of critical issues, from forecasting power system load to power system pricing to post-storm service restoration times, river flow forecasting, and more.

In a time of ever-increasing energy demands, mounting concerns over the environmental impacts of power generation, and the emergence of new, smart-grid technologies, electricity price forecasting has assumed a prominent role within both the academic and industrial arenas. Short-run forecasting of electricity prices has become necessary for power generation unit schedule, since it is the basis of every maximization strategy. This book fills a gap in the literature on this increasingly important topic.

Following an introductory chapter offering background information necessary for a full understanding of the forecasting issues covered, this book:

  • Introduces advanced methods of time series forecasting, as well as neural networks
  • Provides in-depth coverage of state-of-the-art power system load forecasting and electricity price forecasting
  • Addresses river flow forecasting based on autonomous neural network models
  • Deals with price forecasting in a competitive market
  • Includes estimation of post-storm restoration times for electric power distribution systems
  • Features contributions from world-renowned experts sharing their insights and expertise in a series of self-contained chapters

Advances in Electric Power and Energy Systems is a valuable resource for practicing engineers, regulators, planners, and consultants working in or concerned with the electric power industry. It is also a must read for senior undergraduates, graduate students, and researchers involved in power system planning and operation.

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About the author

Mohamed E. El-Hawary, PhD is Professor of Electrical and Computer Engineering at Dalhousie University. He is also the editor for the IEEE Press Power Engineering Series. His contributions to electrical engineering research, education, and industry cover more than forty years. His pioneering work in the economic operation of power systems and the application of computational intelligence techniques to power system operational problems has been cited in numerous textbooks and research monographs and more than 300 research articles. He has published multiple books with Wiley, including Principles of Electric Machines with Power Electronic Applications, 2nd Edition, and Introduction to Electrical Power Systems.

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Additional Information

Publisher
John Wiley & Sons
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Published on
Jun 21, 2017
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Pages
328
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ISBN
9781119309772
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Language
English
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Genres
Technology & Engineering / Power Resources / General
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Content Protection
This content is DRM protected.
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Available on Android devices
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Book 50
Adapted from an updated version of the author's classic Electric Power System Design and Analysis, with new material designed for the undergraduate student and professionals new to Power Engineering. The growing importance of renewable energy sources, control methods and mechanisms, and system restoration has created a need for a concise, comprehensive text that covers the concepts associated with electric power and energy systems. Introduction to Electric Power Systems fills that need, providing an up-to-date introduction to this dynamic field. The author begins with a discussion of the modern electric power system, centering on the technical aspects of power generation, transmission, distribution, and utilization. After providing an overview of electric power and machine theory fundamentals, he offers a practical treatment-focused on applications-of the major topics required for a solid background in the field, including synchronous machines, transformers, and electric motors. He also furnishes a unique look at activities related to power systems, such as power flow and control, stability, state estimation, and security assessment. A discussion of present and future directions of the electrical energy field rounds out the text. With its broad, up-to-date coverage, emphasis on applications, and integrated MATLAB scripts, Introduction to Electric Power Systems provides an ideal, practical introduction to the field-perfect for self-study or short-course work for professionals in related disciplines.
Jeremy Lin
A comprehensive resource that provides the basic concepts of electric power systems, microeconomics, and optimization techniques

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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.

H. N. GUPTA
Providing a comprehensive introduction to the basics of Internal Combustion Engines, this book is suitable for: Undergraduate-level courses in mechanical engineering, aeronautical engineering, and automobile engineering. Postgraduate-level courses (Thermal Engineering) in mechanical engineering. A.M.I.E. (Section B) courses in mechanical engineering. Competitive examinations, such as Civil Services, Engineering Services, GATE, etc. In addition, the book can be used for refresher courses for professionals in auto-mobile industries. Coverage Includes Analysis of processes (thermodynamic, combustion, fluid flow, heat transfer, friction and lubrication) relevant to design, performance, efficiency, fuel and emission requirements of internal combustion engines. Special topics such as reactive systems, unburned and burned mixture charts, fuel-line hydraulics, side thrust on the cylinder walls, etc. Modern developments such as electronic fuel injection systems, electronic ignition systems, electronic indicators, exhaust emission requirements, etc. The Second Edition includes new sections on geometry of reciprocating engine, engine performance parameters, alternative fuels for IC engines, Carnot cycle, Stirling cycle, Ericsson cycle, Lenoir cycle, Miller cycle, crankcase ventilation, supercharger controls and homogeneous charge compression ignition engines. Besides, air-standard cycles, latest advances in fuel-injection system in SI engine and gasoline direct injection are discussed in detail. New problems and examples have been added to several chapters. Key Features Explains basic principles and applications in a clear, concise, and easy-to-read manner Richly illustrated to promote a fuller understanding of the subject SI units are used throughout Example problems illustrate applications of theory End-of-chapter review questions and problems help students reinforce and apply key concepts Provides answers to all numerical problems
Dr. Mohamed E. El-Hawary
A comprehensive review of state-of-the-art approaches to power systems forecasting from the most respected names in the field, internationally

Advances in Electric Power and Energy Systems is the first book devoted exclusively to a subject of increasing urgency to power systems planning and operations. Written for practicing engineers, researchers, and post-grads concerned with power systems planning and forecasting, this book brings together contributions from many of the world’s foremost names in the field who address a range of critical issues, from forecasting power system load to power system pricing to post-storm service restoration times, river flow forecasting, and more.

In a time of ever-increasing energy demands, mounting concerns over the environmental impacts of power generation, and the emergence of new, smart-grid technologies, electricity price forecasting has assumed a prominent role within both the academic and industrial arenas. Short-run forecasting of electricity prices has become necessary for power generation unit schedule, since it is the basis of every maximization strategy. This book fills a gap in the literature on this increasingly important topic.

Following an introductory chapter offering background information necessary for a full understanding of the forecasting issues covered, this book:

Introduces advanced methods of time series forecasting, as well as neural networks Provides in-depth coverage of state-of-the-art power system load forecasting and electricity price forecasting Addresses river flow forecasting based on autonomous neural network models Deals with price forecasting in a competitive market Includes estimation of post-storm restoration times for electric power distribution systems Features contributions from world-renowned experts sharing their insights and expertise in a series of self-contained chapters

Advances in Electric Power and Energy Systems is a valuable resource for practicing engineers, regulators, planners, and consultants working in or concerned with the electric power industry. It is also a must read for senior undergraduates, graduate students, and researchers involved in power system planning and operation.

Book 50
Adapted from an updated version of the author's classic Electric Power System Design and Analysis, with new material designed for the undergraduate student and professionals new to Power Engineering. The growing importance of renewable energy sources, control methods and mechanisms, and system restoration has created a need for a concise, comprehensive text that covers the concepts associated with electric power and energy systems. Introduction to Electric Power Systems fills that need, providing an up-to-date introduction to this dynamic field. The author begins with a discussion of the modern electric power system, centering on the technical aspects of power generation, transmission, distribution, and utilization. After providing an overview of electric power and machine theory fundamentals, he offers a practical treatment-focused on applications-of the major topics required for a solid background in the field, including synchronous machines, transformers, and electric motors. He also furnishes a unique look at activities related to power systems, such as power flow and control, stability, state estimation, and security assessment. A discussion of present and future directions of the electrical energy field rounds out the text. With its broad, up-to-date coverage, emphasis on applications, and integrated MATLAB scripts, Introduction to Electric Power Systems provides an ideal, practical introduction to the field-perfect for self-study or short-course work for professionals in related disciplines.
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