A new swing-contract design for wholesale power markets /

"Growing reliance on variable energy resources and greater encouragement of demand-side participation have led to greater volatility and uncertainty in real-time net load (i.e., electric power usage net of non-dispatchable generation). This, in turn, has led to a greater need for the flexible p...

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Bibliographic Details
Main Authors: Tesfatsion, Leigh
Corporate Authors: Wiley Online Library (Online service)
Published: Wiley-IEEE Press,
Publisher Address: Hoboken, New Jersey :
Publication Dates: [2021]
Literature type: eBook
Language: English
Series: IEEE press series on power engineering
Subjects:
Online Access: https://onlinelibrary.wiley.com/doi/book/10.1002/9781119670155
Summary: "Growing reliance on variable energy resources and greater encouragement of demand-side participation have led to greater volatility and uncertainty in real-time net load (i.e., electric power usage net of non-dispatchable generation). This, in turn, has led to a greater need for the flexible provision of reserve (dispatchable power paths) to ensure net load can be balanced in real-time operations, an essential requirement for reliable transmission grid operations. This greater need for flexible reserve provision has been difficult for current wholesale electric power markets to meet, given the rigidities and conceptual problems inherent in their design."--
Item Description: Description based on print version record.
Includes index.
Carrier Form: 1 online resource (272 pages).
Also available in print.
ISBN: 9781119670155 (electronic book)
9781119670124
Index Number: HD9685
CLC: F407.61