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Computational auction mechanisms for restructured power industry operation
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ISBN: 079238475X 1461373484 1461551579 Year: 1999 Volume: SECS 500 Publisher: Dordrecht : Kluwer,

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Abstract

`Electric energy must be treated as a commodity which can be bought, sold, and traded, taking into account its time- and space-varying values and costs.` Spot Pricing of Electricity, Schweppe et al, 1988. Computational Auction Mechanisms for Restructured Power Industry Operation outlines the application of auction methods for all aspects of power system operation, primarily for a competitive environment. A complete description of the industry structure as well as the various markets now being formed is given. A thorough introduction to auction basics is included to explain how auctions have grown in other industries. Auction methods are compared to classical techniques for power system analysis, operations, and planning. The traditional applications of economic dispatch, optimal power flow and unit commitment are compared to auction mechanisms. Algorithms for auctions using linearized power flow equations, DC power flow equations, and AC power flow equations are included. The bundling of supportive services, known as ancillary services within the United States, is discussed. Extensions to the basic auction algorithms for inclusion of supportive services as well as algorithms for scheduling and bidding on generation for GENCOs or independent power producers are presented. Algorithms for scheduling and contracting with customers are also presented for energy service companies. An introduction to the various commodity and financial market products includes the use of futures and options for GENCOs. The material is useful for students performing research on the new business environment based on competition. Regulators will find information on initial methods of designing and evaluating market systems, and power exchange and financial analysts will find information on the interdependence of markets and power system-based techniques for risk management. This information compares the new business environment solutions with old business environment solutions. Computational Auction Mechanisms for Restructured Power Industry Operation provides a first introduction to how electricity will be traded as a commodity in the future.

Meeting the challenge of sustainable mobility : the role of technological innovations
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ISBN: 3540654887 3642642519 3642600891 Year: 1999 Publisher: Berlin [Germany] ; New York : Springer,

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This book evolves around technological change and the urgent need, from the perspective of environmental sciences, to reduce the impacts caused by transportation.It provides insights into the relationship between transport and the environment, the role of technology and the meaning of the concept of sustainable development for the transport sector. Special attention is given to the knowledge gleaned from technology dynamics and the role of the government (in cooperation with the private sector) in generating a sustainability-sound technology policy in transportation.The different theoretical complexities are combined in a strategy for R&D and the implementation of mega-technological innovations. The result of the strategy is the formulation of a 'Window of Technological Opportunity'.In the empirical part of the study 2 specific cases are dealt with: Maglev technology and fuel-cell technology for transport purposes. In line with the objectives of the study, and taking into account the new theoretical insights and the empirical findings, a synthesis is presented and conclusions drawn.

Keywords

Economic production --- Environmental protection. Environmental technology --- Transport. Traffic --- Transportation --- Transportation and state. --- Technological innovations. --- Sustainable development. --- Strategic alliances (Business) --- Transport --- Politique des transports. --- Innovations technologiques. --- Développement durable. --- Alliances stratégiques (affaires) --- Environmental aspects --- Aspect environnemental --- Transport durable --- Développement durable --- Transport durable. --- Air pollution. --- Automotive engineering. --- Environmental management. --- Energy policy. --- Energy and state. --- Environmental economics. --- Atmospheric Protection/Air Quality Control/Air Pollution. --- Automotive Engineering. --- Environmental Management. --- Energy Policy, Economics and Management. --- Environmental Economics. --- Economics --- Environmental quality --- Energy and state --- Power resources --- State and energy --- Industrial policy --- Energy conservation --- Environmental stewardship --- Stewardship, Environmental --- Environmental sciences --- Management --- Air --- Air contaminants --- Air pollutants --- Air pollution --- Air pollution control --- Air toxics --- Airborne pollutants --- Atmosphere --- Contaminants, Air --- Control of air pollution --- Pollutants, Air --- Toxics, Air --- Pollution --- Air quality --- Atmospheric deposition --- Economic aspects --- Government policy --- Control --- Environmental aspects. --- Alliances in business --- Business alliances, Strategic --- Corporate alliances --- Strategic business alliances --- Strategic corporate alliances --- Strategic partnerships (Business) --- Partnership --- Business networks --- State and transportation --- Transportation policy --- Breakthroughs, Technological --- Innovations, Industrial --- Innovations, Technological --- Technical innovations --- Technological breakthroughs --- Technological change --- Creative ability in technology --- Inventions --- Domestication of technology --- Innovation relay centers --- Research, Industrial --- Technology transfer --- Development, Sustainable --- Ecologically sustainable development --- Economic development, Sustainable --- Economic sustainability --- ESD (Ecologically sustainable development) --- Smart growth --- Sustainable development --- Sustainable economic development --- Economic development --- Public transportation --- Transportation, Primitive --- Transportation companies --- Transportation industry --- Locomotion --- Commerce --- Communication and traffic --- Storage and moving trade --- Innovation. --- Développement durable. --- Alliances stratégiques (affaires)

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