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Full Description
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.
Contents
Prologue. Background and Literature Survey. Analysis of Voltage Stability of Longitudinal Power Supply System Using an Artificial Neural Network. Improvement of System Performances Using FACTS and HVDC. Multi-Objective Optimization Algorithms for Deregulated Power Market. Application of Stochastic Optimization Techniques in the Smart Grid. Epilogue. References. Appendices.
