Northwest Workforce Training on Smart Grid > Graduate Courses > G10

Textbook

Textbook cover

"Power System Generation, Operation & Control"
Second Edition

A. Wood, B.F. Wollenberg
Wiley, 1996

This book covers the following topics that will be discussed in this course:

Characteristics of generating units
Economic dispatch
Unit commitment
Optimal power flow


Textbook cover

"Fundamentals of Power System Economics"
D. S. Kirschen, G. Strbac
Wiley, 2004

This book covers the following topics that will be discussed in this course:

Actors in electricity markets
Fundamentals of microeconomics
Structure of electricity markets
Participation in electricity markets
Power system security and ancillary services
Effects of transmission networks on electricity prices

Students who wish to study microeconomics in more depth could consult the following book (or another one of the many books on this topic):

H. Varian, Intermediate Microeconomics: A Modern Approach, W.W. Norton (various editions)

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