Advanced Data Analytics for Power Systems

Advanced Data Analytics for Power Systems

Author: Ali Tajer

Publisher: Cambridge University Press

Published: 2021-04-08

Total Pages: 601

ISBN-13: 1108494757

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Experts in data analytics and power engineering present techniques addressing the needs of modern power systems, covering theory and applications related to power system reliability, efficiency, and security. With topics spanning large-scale and distributed optimization, statistical learning, big data analytics, graph theory, and game theory, this is an essential resource for graduate students and researchers in academia and industry with backgrounds in power systems engineering, applied mathematics, and computer science.


Modeling and Forecasting Electricity Loads and Prices

Modeling and Forecasting Electricity Loads and Prices

Author: Rafal Weron

Publisher: John Wiley & Sons

Published: 2007-01-30

Total Pages: 192

ISBN-13: 0470059990

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This book offers an in-depth and up-to-date review of different statistical tools that can be used to analyze and forecast the dynamics of two crucial for every energy company processes—electricity prices and loads. It provides coverage of seasonal decomposition, mean reversion, heavy-tailed distributions, exponential smoothing, spike preprocessing, autoregressive time series including models with exogenous variables and heteroskedastic (GARCH) components, regime-switching models, interval forecasts, jump-diffusion models, derivatives pricing and the market price of risk. Modeling and Forecasting Electricity Loads and Prices is packaged with a CD containing both the data and detailed examples of implementation of different techniques in Matlab, with additional examples in SAS. A reader can retrace all the intermediate steps of a practical implementation of a model and test his understanding of the method and correctness of the computer code using the same input data. The book will be of particular interest to the quants employed by the utilities, independent power generators and marketers, energy trading desks of the hedge funds and financial institutions, and the executives attending courses designed to help them to brush up on their technical skills. The text will be also of use to graduate students in electrical engineering, econometrics and finance wanting to get a grip on advanced statistical tools applied in this hot area. In fact, there are sixteen Case Studies in the book making it a self-contained tutorial to electricity load and price modeling and forecasting.


Solar Irradiance and Photovoltaic Power Forecasting

Solar Irradiance and Photovoltaic Power Forecasting

Author: Dazhi Yang

Publisher: CRC Press

Published: 2024-02-05

Total Pages: 682

ISBN-13: 1003830854

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Forecasting plays an indispensable role in grid integration of solar energy, which is an important pathway toward the grand goal of achieving planetary carbon neutrality. This rather specialized field of solar forecasting constitutes both irradiance and photovoltaic power forecasting. Its dependence on atmospheric sciences and implications for power system operations and planning make the multi-disciplinary nature of solar forecasting immediately obvious. Advances in solar forecasting represent a quiet revolution, as the landscape of solar forecasting research and practice has dramatically advanced as compared to just a decade ago. Solar Irradiance and Photovoltaic Power Forecasting provides the reader with a holistic view of all major aspects of solar forecasting: the philosophy, statistical preliminaries, data and software, base forecasting methods, post-processing techniques, forecast verification tools, irradiance-to-power conversion sequences, and the hierarchical and firm forecasting framework. The book’s scope and subject matter are designed to help anyone entering the field or wishing to stay current in understanding solar forecasting theory and applications. The text provides concrete and honest advice, methodological details and algorithms, and broader perspectives for solar forecasting. Both authors are internationally recognized experts in the field, with notable accomplishments in both academia and industry. Each author has many years of experience serving as editors of top journals in solar energy meteorology. The authors, as forecasters, are concerned not merely with delivering the technical specifics through this book, but more so with the hopes of steering future solar forecasting research in a direction that can truly expand the boundary of forecasting science.


Introduction to Probability

Introduction to Probability

Author: Dimitri Bertsekas

Publisher: Athena Scientific

Published: 2008-07-01

Total Pages: 544

ISBN-13: 188652923X

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An intuitive, yet precise introduction to probability theory, stochastic processes, statistical inference, and probabilistic models used in science, engineering, economics, and related fields. This is the currently used textbook for an introductory probability course at the Massachusetts Institute of Technology, attended by a large number of undergraduate and graduate students, and for a leading online class on the subject. The book covers the fundamentals of probability theory (probabilistic models, discrete and continuous random variables, multiple random variables, and limit theorems), which are typically part of a first course on the subject. It also contains a number of more advanced topics, including transforms, sums of random variables, a fairly detailed introduction to Bernoulli, Poisson, and Markov processes, Bayesian inference, and an introduction to classical statistics. The book strikes a balance between simplicity in exposition and sophistication in analytical reasoning. Some of the more mathematically rigorous analysis is explained intuitively in the main text, and then developed in detail (at the level of advanced calculus) in the numerous solved theoretical problems.


Analytics and Optimization for Renewable Energy Integration

Analytics and Optimization for Renewable Energy Integration

Author: Ning Zhang

Publisher: CRC Press

Published: 2019-02-21

Total Pages: 317

ISBN-13: 0429847696

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The scope of this book covers the modeling and forecast of renewable energy and operation and planning of power system with renewable energy integration.The first part presents mathematical theories of stochastic mathematics; the second presents modeling and analytic techniques for renewable energy generation; the third provides solutions on how to handle the uncertainty of renewable energy in power system operation. It includes advanced stochastic unit commitment models to acquire the optimal generation schedule under uncertainty, efficient algorithms to calculate the probabilistic power, and an efficient operation strategy for renewable power plants participating in electricity markets.


Transmission Expansion Planning: The Network Challenges of the Energy Transition

Transmission Expansion Planning: The Network Challenges of the Energy Transition

Author: Sara Lumbreras

Publisher: Springer Nature

Published: 2020-11-19

Total Pages: 311

ISBN-13: 3030494284

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This book presents a panoramic look at the transformation of the transmission network in the context of the energy transition. It provides readers with basic definitions as well as details on current challenges and emerging technologies. In-depth chapters cover the integration of renewables, the particularities of planning large-scale systems, efficient reduction and solution methods, the possibilities of HVDC and super grids, distributed generation, smart grids, demand response, and new regulatory schemes. The content is complemented with case studies that highlight the importance of the power transmission network as the backbone of modern energy systems. This book will be a comprehensive reference that will be useful to both academics and practitioners.


Examining an Operational Approach to Teaching Probability

Examining an Operational Approach to Teaching Probability

Author: Drivet, Alessio

Publisher: IGI Global

Published: 2020-12-18

Total Pages: 369

ISBN-13: 1799838722

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Several years ago, there began a consideration of the inadequacy of a traditional approach to teaching mathematics. Many teachers and perhaps a majority of the students often realize something is wrong with these methods and report a lack of enthusiasm in dealing with the discipline. Many teachers think that certain established habits have a serious pedagogical basis, and therefore, it is difficult to question them. In addition, perhaps, there is also a certain fear in imagining and experimenting with new ways. Unfortunately, the excessive use of examples and abstract formulations with exclusive reference to algebraic language distances the student from the pleasure of the discipline. Mathematics, on the other hand, requires attention and concentration, but the understanding of its meaning gives rise to interest, pleasure to discover, and promotes deep learning. This is where studying probability from an operational approach has gained much traction. The most interesting aspect is the use of a very artisanal approach, starting with objects that students can, in part, find in their daily lives. Trying to identify objects and situations that speak of "different mathematics," embodied in everyday life, may offer more possibilities to deal with the mathematical illiteracy that seems to afflict a large part of our society. Examining an Operational Approach to Teaching Probability focuses on probability examined from an educational point of view and the implementation of a very concrete operational approach in the classroom. Two main pillars are examined within this book: concrete objects and IT tools used to perform simulations for probability teaching. Each chapter is devoted to an essential concept related to probability and covers the operational approach all the way from its historical development to types of probability studies, different teaching methods within the approach, and the theories surrounding it. This book is ideal for pre-service and in-service teachers looking for nontraditional approaches in teaching along with instructional designers, curricula developers, practitioners, researchers, academicians, and students interested in learning more about operational research and the use of objects to introduce probabilistic concepts in a new method of teaching.