© 1999

Price-Based Commitment Decisions in the Electricity Market


  • Offers a re-evaluation of the electric power industry


Part of the Advances in Industrial Control book series (AIC)

Table of contents

  1. Front Matter
    Pages i-xviii
  2. Eric Allen, Marija Ilić
    Pages 1-4
  3. Eric Allen, Marija Ilić
    Pages 5-10
  4. Eric Allen, Marija Ilić
    Pages 11-16
  5. Eric Allen, Marija Ilić
    Pages 17-21
  6. Eric Allen, Marija Ilić
    Pages 23-29
  7. Eric Allen, Marija Ilić
    Pages 31-56
  8. Eric Allen, Marija Ilić
    Pages 57-78
  9. Eric Allen, Marija Ilić
    Pages 79-88
  10. Eric Allen, Marija Ilić
    Pages 89-97
  11. Eric Allen, Marija Ilić
    Pages 99-103
  12. Eric Allen, Marija Ilić
    Pages 105-108
  13. Back Matter
    Pages 109-242

About this book


The series Advances in Industrial Control aims to report and encourage technology transfer in control engineering. The rapid development of control technology impacts all areas of the control discipline. New theory, new controllers, actuators, sensors, new industrial processes, computer methods, new applications, new philosophies . . . , new challenges. Much of this development work resides in industrial reports, feasibility study papers and the reports of advanced collaborative projects. The series offers an opportunity for researchers to present an extended exposition of such new work in all aspects of industrial control for wider and rapid dissemination. Deregulation of electricity markets is a worldwide activity with leading and distinctive developments occurring in the European and US markets. The immediate impact of these changes is felt in the higher levels of the power production hierarchy where tools to aid short-term economic decision making are needed. At the lower levels of the production control hierarchy the impact is to demand much more flexible unit operation so that the determined short-term goals can be met. Allen and Illic have produced this useful monograph on the decision algorithms needed to determine unit commitment proflles over the shorter time frame of hours and days. The method of dynamic programming has been used and the work covers modelling, cost function and construction, an introduction to dynamic programming and a detailed assessment of its use. The monograph comes complete with programs in Appendix D and with other appendices giving the necessary supporting theory.


Electric Power environment modeling optimization programming uncertainty

Authors and affiliations

  1. 1.New York Power PoolSchenectadyUSA
  2. 2.Dept. of Electical Engineering and Computer ScienceM.I.T.CambridgeUSA

Bibliographic information

  • Book Title Price-Based Commitment Decisions in the Electricity Market
  • Authors Eric Allen
    Marija Ilic
  • Series Title Advances in Industrial Control
  • Series Abbreviated Title Advances in Industrial Control
  • DOI
  • Copyright Information Springer-Verlag London Limited 1999
  • Publisher Name Springer, London
  • eBook Packages Springer Book Archive
  • Hardcover ISBN 978-1-85233-069-9
  • Softcover ISBN 978-1-4471-1162-7
  • eBook ISBN 978-1-4471-0571-8
  • Series ISSN 1430-9491
  • Series E-ISSN 2193-1577
  • Edition Number 1
  • Number of Pages XVIII, 242
  • Number of Illustrations 0 b/w illustrations, 0 illustrations in colour
  • Topics Control and Systems Theory
    Energy Policy, Economics and Management
  • Buy this book on publisher's site
Industry Sectors
Chemical Manufacturing
IT & Software
Materials & Steel
Oil, Gas & Geosciences