{"title":"Daniel S. Kirschen","description":"\u003cp\u003eDaniel S. Kirschen offers insightful texts on power systems and their economic principles, providing a clear understanding of complex electrical engineering concepts. His works delve into the technical and financial aspects that govern modern power networks, making them essential reading for those interested in energy systems and infrastructure.\u003c\/p\u003e\n\n\u003cp\u003eCombining rigorous analysis with practical applications, Kirschen's books sit at the intersection of \u003cem\u003eengineering\u003c\/em\u003e and \u003cem\u003etechnology\u003c\/em\u003e, illuminating the challenges and innovations shaping today's power industry. Readers can expect thorough explorations of power system design, operation, and the economics that influence this critical field.\u003c\/p\u003e","products":[{"product_id":"power-systems-by-daniel-s-kirschen-9781394199501","title":"Power Systems","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cstrong\u003eFresh perspective on power systems, dealing with uncertainty, power electronics, and electricity markets\u003c\/strong\u003e\u003c\/p\u003e\n\n\u003cp\u003e\u003cem\u003ePower Systems\u003c\/em\u003e is a highly accessible textbook on a subject that helps students understand how power systems work and the fundamental constraints that guide its operation and design. In a rapidly developing field, this unique approach equips readers to understand why things might be done in a certain way to help develop new solutions to modern problems.\u003c\/p\u003e\n\n\u003cp\u003eTo aid in reader comprehension, the text contains examples that reinforce the understanding of the fundamental concepts, informative and attractive illustrations, and problems of increasing levels of difficulty.\u003c\/p\u003e\n\n\u003cp\u003eAn accompanying website includes a complete solution manual, teaching slides, open-source simulation tools, and a variety of examples, exercises, and projects of various levels of difficulty.\u003c\/p\u003e\n\n\u003cp\u003eWritten by a leading figure in the power system community with a strong track record of writing for the student reader, \u003cem\u003ePower Systems\u003c\/em\u003e covers some important classical topics, such as the modelling of components, power flow, fault calculations, and stability. In addition, it includes:\u003c\/p\u003e\n\n\u003cul\u003e\n    \u003cli\u003eA detailed discussion of the demand for electricity and how it affects the operation of power systems.\u003c\/li\u003e\n    \u003cli\u003eAn overview of the various forms of conventional and renewable energy conversion.\u003c\/li\u003e\n    \u003cli\u003eA primer on modern power electronic power conversion.\u003c\/li\u003e\n    \u003cli\u003eA careful analysis of the technical and economic issues involved in load generation balancing.\u003c\/li\u003e\n    \u003cli\u003eAn introduction to electricity markets.\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003cp\u003eWith its up-to-date, accessible, and highly comprehensive coverage, \u003cem\u003ePower Systems\u003c\/em\u003e is an ideal textbook for various courses on power systems, such as Power Systems Design and Operation, Introduction to Electric Power Systems, Power System Analysis, and Power System Operation and Economics.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47341040500972,"sku":"9781394199501","price":248.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/49486f4d6cac4ee593c41fb0ef0dec8b.jpg?v=1772190275"},{"product_id":"fundamentals-of-power-system-economics-by-daniel-s-kirschen-9781119213246","title":"Fundamentals of Power System Economics","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cstrong\u003eA new edition of the classic text explaining the fundamentals of competitive electricity markets—now updated to reflect the evolution of these markets and the large scale deployment of generation from renewable energy sources.\u003c\/strong\u003e\u003c\/p\u003e\n\n\u003cp\u003eThe introduction of competition in the generation and retail of electricity has changed the ways in which power systems function. The design and operation of successful competitive electricity markets requires a sound understanding of both power systems engineering and underlying economic principles of a competitive market. This extensively revised and updated edition of the classic text on power system economics explains the basic economic principles underpinning the design, operation, and planning of modern power systems in a competitive environment. It also discusses the economics of renewable energy sources in electricity markets, the provision of incentives, and the cost of integrating renewables in the grid.\u003c\/p\u003e\n\n\u003cp\u003e\u003cem\u003eFundamentals of Power System Economics, Second Edition\u003c\/em\u003e looks at the fundamental concepts of microeconomics, organization, and operation of electricity markets, market participants’ strategies, operational reliability and ancillary services, network congestion and related LMP and transmission rights, transmission investment, and generation investment. It also expands the chapter on generation investments—discussing capacity mechanisms in more detail and the need for capacity markets aimed at ensuring that enough generation capacity is available when renewable energy sources are not producing due to lack of wind or sun.\u003c\/p\u003e\n\n\u003cul\u003e\n    \u003cli\u003eRetains the highly praised first edition’s focus and philosophy on the principles of competitive electricity markets and application of basic economics to power system operating and planning.\u003c\/li\u003e\n    \u003cli\u003eIncludes an expanded chapter on power system operation that addresses the challenges stemming from the integration of renewable energy sources.\u003c\/li\u003e\n    \u003cli\u003eAddresses the need for additional flexibility and its provision by conventional generation, demand response, and energy storage.\u003c\/li\u003e\n    \u003cli\u003eDiscusses the effects of the increased uncertainty on system operation.\u003c\/li\u003e\n    \u003cli\u003eBroadens its coverage of transmission investment and generation investment.\u003c\/li\u003e\n    \u003cli\u003eSupports self-study with end-of-chapter problems and instructors with solutions manual via companion website.\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003cp\u003e\u003cem\u003eFundamentals of Power System Economics, Second Edition\u003c\/em\u003e is essential reading for graduate and undergraduate students, professors, practicing engineers, as well as all others who want to understand how economics and power system engineering interact.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47470699053292,"sku":"9781119213246","price":229.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9781119213246-fundamentals-of-power-system-economics.jpg?v=1775224098"},{"product_id":"fundamentals-of-power-system-economics-by-daniel-s-kirschen-9781394333028","title":"Fundamentals of Power System Economics","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e“Where economic theory meets the physics of electricity—everything you need to understand why power markets are unlike any other.” \u003cbr\u003e\u003cstrong\u003e—Jesse Jenkins\u003c\/strong\u003e, Princeton University\u003c\/p\u003e\n\n\u003cp\u003e“\u003cem\u003eFundamentals of Power System Economics\u003c\/em\u003e caters to a wide diversity of students; it can speak to economists and engineers alike.” \u003cbr\u003e\u003cstrong\u003e—François Bouffard\u003c\/strong\u003e, McGill University\u003c\/p\u003e\n\n\u003cp\u003e“Perfectly bridges principles of economics with the power system.” \u003cbr\u003e\u003cstrong\u003e—Chongqing Kang\u003c\/strong\u003e, Tsinghua University\u003c\/p\u003e\n\n\u003cp\u003e\u003cstrong\u003eUnderstand competitive electricity markets in a decarbonising energy landscape\u003c\/strong\u003e\u003c\/p\u003e\n\n\u003cp\u003eDesigning successful electricity markets requires mastery of both power systems engineering and market economics. Now in its third edition, \u003cem\u003eFundamentals of Power System Economics\u003c\/em\u003e explains competitive market principles while contrasting them against the monopoly model as a reference framework. Written by two leading researchers in power system economics, this new edition addresses markets where carbon-free generation predominates.\u003c\/p\u003e\n\n\u003cp\u003eThis edition adds coverage of decarbonisation economics, government market interventions, and market clearing with high renewable penetration. New material addresses transmission investment cost allocation, generation investment challenges in energy-only markets, and system operator tools including SCED and SCUC. A new chapter on retail markets covers prosumer interactions, flexible consumers, and energy equity.\u003c\/p\u003e\n\n\u003cp\u003eThe book also includes:\u003c\/p\u003e\n\n\u003cul\u003e\n    \u003cli\u003eReorganised structure covering fundamental principles, short-term operational economics, and long-term investment economics across three distinct parts\u003c\/li\u003e\n    \u003cli\u003eDetailed analysis of wholesale market structures including demand-side bidding mechanisms and examples showing different renewable generation proportions\u003c\/li\u003e\n    \u003cli\u003eCoverage of transmission network integration with system operator responsibilities and optimal power flow methodologies explained in monopoly contexts\u003c\/li\u003e\n    \u003cli\u003eDiscussion of retail electricity tariffs for residential and commercial consumers alongside emerging prosumer business models and flexibility services\u003c\/li\u003e\n    \u003cli\u003eExtensive end-of-chapter exercises and discussion points designed to reinforce concepts and enhance understanding of complex market dynamics\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003cp\u003eDesigned for graduate and undergraduate students in electrical and power engineering, this book serves power system engineers, operators, planners, and policymakers working in deregulated environments. \u003cem\u003eFundamentals of Power System Economics\u003c\/em\u003e provides the analytical foundation needed to navigate electricity markets during the transition to low-carbon generation.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47932164341996,"sku":"9781394333028","price":248.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9781394333028-fundamentals-of-power-system-economics.jpg?v=1783856084"}],"url":"https:\/\/bookhero.live\/collections\/daniel-s-kirschen.oembed","provider":"Book Hero","version":"1.0","type":"link"}