Power Systems Operation: Old vs. New

  • Marija Ilić
  • Francisco Galiana
Chapter
Part of the The Springer International Series in Engineering and Computer Science book series (PEPS)

Abstract

In this chapter, we describe the basic tasks of power system operation by first reviewing these for today’s industry, and then describing possible solutions for the evolving industry. We suggest that the new solutions strongly depend on the type of the electricity market (system structure) in place and illustrate possible solutions in the context of specific representative system structures.

Keywords

Power System Electricity Market Electricity Price Transmission Loss Unit Commitment 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 1998

Authors and Affiliations

  • Marija Ilić
    • 1
  • Francisco Galiana
    • 2
  1. 1.Department of Electrical Engineering and Computer ScienceMassachusetts Institute of TechnologyCambridgeUSA
  2. 2.Department of Electrical and Computer EngineeringMcGill UniversityMontrealCanada

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