
Fundamentals of Power System Economics
by Daniel S. Kirschen, Goran Strbac
2nd Edition
Publisher: Wiley-Blackwell
Book Details
| Print ISBN | 9781119213246 |
| eText ISBN | 9781119213253 |
| Publisher | Wiley-Blackwell |
| Publishing Year | 2018 |
| Edition | 2nd Edition |
| Language | English |
| Pages | 344 |
Fundamentals of Power System Economics, 2nd Edition, is a textbook that explains the economic principles underpinning the design, operation, and planning of modern power systems within competitive markets.
The volume addresses microeconomic concepts, market structures, operational reliability, ancillary services, and network congestion. It also examines locational marginal pricing and transmission rights alongside the support incentives and grid integration costs associated with renewable energy sources.
Intended for undergraduate and graduate students, professors, and practicing engineers, the textbook supports self-study through end-of-chapter problems and provides an instructor solutions manual via a companion website.
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