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Informationen zum Autor Haoyong Chen, South China University of Technology, P. R. China Honwing Ngan, Asia-Pacific Research Institute of Smart Grid and Renewable Energy, Hong Kong Yongjun Zhang, South China University of Technology, P. R. China Klappentext 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 Zusammenfassung 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 Inhaltsverzeichnis Foreword xvii Preface xix Acknowledgments xxv List of Figures xxvii List of Tables xxxi Acronyms xxxv Symbols xxxix 1 Introduction 1 1.1 Power System Optimal Planning 2 1.1.1 Generation Expansion Planning 3 1.1.2 Transmission Expansion Planning 5 1.1.3 Distribution System Planning 7 1.2 Power System Optimal Operation 8 1.2.1 Unit Commitment and Hydrothermal Scheduling 8 1.2.2 Economic Dispatch 12 1.2.3 Optimal Load Flow 14 1.3 Power System Reactive Power Optimization 16 1.4 Optimization in Electricity Markets 18 1.4.1 Strategic Participants' Bids 18 1.4.2 Market Clearing Model 20 1.4.3 Market Equilibrium Problem 21 2 Theories and Approaches of Large-Scale Complex Systems Optimization 22 2.1 Basic Theories of Large-scale Complex Systems 23 2.1.1 Hierarchical Structures of Large-scale Complex Systems 24 2.1.2 Basic Principles of Coordination 27 2.1.3 Decomposition and Coordination of Large-scale Systems 28 2.2 Hierarchical Optimization Approaches 30 2.3 Lagrangian Relaxation Method 36 2.4 Cooperative Coevolutionary Approach for Large-scale Complex System Optimization 40 2.4.1 Framework of Cooperative Coevolution 41 2.4.2 Cooperative Coevolutionary Genetic Algorithms and the Numerical Experiments 43 2.4.3 Basic Theories of CCA 45 2.4.4 CCA's Potential Applications in Power Systems 46 3 Optimization Approaches in Microeconomics and Game Theory 49 3.1 General Equilibrium Theory 51 3.1.1 Basic Model of a Competitive Economy 52 3.1.2 Walrasian Equilibrium 53 3.1.3 First and Second Fundamental Theorems of Welfare Economics 54 3.2 Noncooperative Game Theory 55 3.2.1 Representation of Games 55 3.2.2 Existence of Equilibrium 60 3.3 Mechanism Design 61 3.3.1 Principles of Mechanism Design 61 3.3.2 Optimization of a Single Commodity Auction 63 3.4 Duality Principle and Its Economic Implications 66 3.4.1 Economic Implication of Linear Programming Duality 66 3.4.2 Economic Implication of Duality in Nonlinear Programming 68 3.4.3 Economic Implication of Lagrangian Relaxation Method 71 4 Power System Planning 76 4.1 Generation Planning Based on Lagrangian Relaxation Method 76 4.1.1 Problem Formulation 78 4.1.2 Lagrangian Relaxation for Generation Investment Decision 80 4.1.3 Pr...
