For those who want an overview of the latest developments in the economics of power systems, Fundamentals of Power System Economics, Second Edition is an excellent resource. Those who want to focus on the basics of economics of power systems and the applications in power systems will find this text an excellent resource.
Fundamentals of Power System Economics, Second Edition is designed to provide a more concise introduction to the field of power system economics. The text focuses on the economic significance of power systems, with an emphasis on current and emerging technologies, and presents the basic economic principles underlying power system economics. The author focuses on the evolution of power generation and the transition to renewable power sources, and explains the complexity of power systems. The text focuses on the three basic types of power systems, highlighting the economics and principles of operation, and helping students understand the how power systems function and how the operation of power systems is affected by power generation and distribution. The text also includes a quick-reference guide of terminology used in power systems, including service, voltage, current, distribution, generation, transmission, and distribution.
The text also includes the latest developments in power system economics, such as the effects of distributed energy resources on wholesale markets and cost recovery in deregulated markets, and it explains the importance of economics in the design, operation, and planning of power systems.
The authors provide a concise overview of the electrical industry, bringing to the forefront the importance of economics in the industry. The text concludes with a review of regulatory and policy issues, and a look at the future of power system economics.
Also Available: Fundamentals of Power System Engineering, Second Edition (ISBN: 978-0-470-45051-1) The Power Electronics Handbook (ISBN: 978-0-470-45373-6) Power System Operation, Second Edition (ISBN: 978-0-470-41992-5) Power System Planning, Second Edition (ISBN: 978-0-470-42145-3) Power System Design, Second Edition (ISBN: 978-0-470-41691-6) Electricity and Society (ISBN: 978-0-470-45483-4)
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