Power System Optimization Large Scale Co

POWER SYSTEM OPTIMIZATION LARGE-SCALE COMPLEX SYSTEMS APPROACHES A consolidation of recent advances and research, this book addresses the issues of power system optimization based on large-scale complex systems approaches. This book gathers approaches from different disciplines such as systems engineering, operations research, and microeconomics. The vast topics of power system optimization are presented in a unified manner, which include: power system planning, operation, reactive power optimization, and electricity markets. Presents a new and systematic viewpoint of large-scale complex systems approaches for power system optimization Provides timely and important insights that can be used for smart grids Covers a range of topics and applications from different disciplines like systems engineering, systems operations and optimization, and microeconomics Written by a pioneer of large-scale complex systems approaches, Power System Optimization: Large-scale Complex Systems Approaches is a timely reference for power system planners and operators, as well as advanced students of power engineering. An original look from a microeconomic perspective for power system optimization and its application to electricity markets Presents a new and systematic viewpoint for power system optimization inspired by microeconomics and game theory A timely and important advanced reference with the fast growth of smart grids Professor Chen is a pioneer of applying experimental economics to the electricity market trading mechanism, and this work brings together the latest research A companion website is available Edit