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Operation of Restructured Power Systems

  • Y. H. Song
  • X. Wang
  • J. Z. Liu
Part of the Power Systems book series (POWSYS)

Abstract

There has been a world-wide trend towards restructuring and deregulation of the power industry over the last decade. The competition in the wholesale generation market and the retail market together with the open access to the transmission network can bring many benefits to the end consumers, such as lower electricity prices and better services. However, this competition also brings many new technical issues and challenges to the operation of restructured power systems. In recent years there have been many publications [1–4] devoted to the regulation and policy issues of establishing markets for electricity. This book will focus on the development of computational tools for effectively and efficiently operating such restructured systems.

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References

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Copyright information

© Springer-Verlag London 2003

Authors and Affiliations

  • Y. H. Song
  • X. Wang
  • J. Z. Liu

There are no affiliations available

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