Description
Book SynopsisToday''s need-to-know optimization techniques, at your fingertips
The use of optimization methods is familiar territory to academicians and researchers. Yet, in today''s world of deregulated electricity markets, it''s just as important for electric power professionals to have a solid grasp of these increasingly relied upon techniques.
Making those techniques readily accessible is the hallmark of Optimization Principles: Practical Applications to the Operation and Markets of the Electric Power Industry.
With deregulation, market rules and economic principles dictate that commodities be priced at the marginal value of their production. As a result, it''s necessary to work with ever-more-sophisticated algorithms using optimization techniques-either for the optimal dispatch of the system itself, or for pricing commodities and the settlement of markets. Succeeding in this new environment takes a good understanding of methods that involve linear and non
Trade Review"...an important contribution to the field of power system analysis...should provide the reader with a pleasant learning experience." (
IEEE Power & Energy Magazine, November/December 2005)
Table of ContentsPreface.
1. Introduction.
PART I: MATHEMATICAL BACKGROUND.
2. Fundamentals of Matrix Algebra.
PART II: LINEAR OPTIMIZATION.
3. Solution of Equations, Inequalities, and Linear Programs.
4. Solved Linear Program Problems.
PART III: NONLINEAR OPTIMIZATION.
5. Mathematical Background to Nonlinear Programs.
6. Unconstrained Nonlinear Optimization.
7. Constrained Nonlinear Optimization.
8. Solved Nonlinear Optimization Problems.
Appendix A: Basic Principles of Electricity.
Appendix B: Network Equations.
Appendix C: Relation Between Pseudo-Inverse and Least-Square Error Fit.
Bibliography.
Index.
About the Author.
