Computational Auction Mechanisms For Restructured Power Industry Operation

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Computational Auction Mechanisms for Restructured Power Industry Operation

Author : Gerald B. Sheblé
Publisher : Springer Science & Business Media
ISBN 13 : 1461551579
Total Pages : 348 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Computational Auction Mechanisms for Restructured Power Industry Operation by : Gerald B. Sheblé

Download or read book Computational Auction Mechanisms for Restructured Power Industry Operation written by Gerald B. Sheblé and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: `Electric energy must be treated as a commodity which can be bought, sold, and traded, taking into account its time- and space-varying values and costs.` Spot Pricing of Electricity, Schweppe et al, 1988. Computational Auction Mechanisms for Restructured Power Industry Operation outlines the application of auction methods for all aspects of power system operation, primarily for a competitive environment. A complete description of the industry structure as well as the various markets now being formed is given. A thorough introduction to auction basics is included to explain how auctions have grown in other industries. Auction methods are compared to classical techniques for power system analysis, operations, and planning. The traditional applications of economic dispatch, optimal power flow and unit commitment are compared to auction mechanisms. Algorithms for auctions using linearized power flow equations, DC power flow equations, and AC power flow equations are included. The bundling of supportive services, known as ancillary services within the United States, is discussed. Extensions to the basic auction algorithms for inclusion of supportive services as well as algorithms for scheduling and bidding on generation for GENCOs or independent power producers are presented. Algorithms for scheduling and contracting with customers are also presented for energy service companies. An introduction to the various commodity and financial market products includes the use of futures and options for GENCOs. The material is useful for students performing research on the new business environment based on competition. Regulators will find information on initial methods of designing and evaluating market systems, and power exchange and financial analysts will find information on the interdependence of markets and power system-based techniques for risk management. This information compares the new business environment solutions with old business environment solutions. Computational Auction Mechanisms for Restructured Power Industry Operation provides a first introduction to how electricity will be traded as a commodity in the future.

Electric Energy Systems

Author : Antonio Gomez-Exposito
Publisher : CRC Press
ISBN 13 : 1351754491
Total Pages : 716 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Electric Energy Systems by : Antonio Gomez-Exposito

Download or read book Electric Energy Systems written by Antonio Gomez-Exposito and published by CRC Press. This book was released on 2018-06-14 with total page 716 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electric Energy Systems, Second Edition provides an analysis of electric generation and transmission systems that addresses diverse regulatory issues. It includes fundamental background topics, such as load flow, short circuit analysis, and economic dispatch, as well as advanced topics, such as harmonic load flow, state estimation, voltage and frequency control, electromagnetic transients, etc. The new edition features updated material throughout the text and new sections throughout the chapters. It covers current issues in the industry, including renewable generation with associated control and scheduling problems, HVDC transmission, and use of synchrophasors (PMUs). The text explores more sophisticated protections and the new roles of demand, side management, etc. Written by internationally recognized specialists, the text contains a wide range of worked out examples along with numerous exercises and solutions to enhance understanding of the material. Features Integrates technical and economic analyses of electric energy systems. Covers HVDC transmission. Addresses renewable generation and the associated control and scheduling problems. Analyzes electricity markets, electromagnetic transients, and harmonic load flow. Features new sections and updated material throughout the text. Includes examples and solved problems.

State Estimation in Electric Power Systems

Author : A. Monticelli
Publisher : Springer Science & Business Media
ISBN 13 : 146154999X
Total Pages : 405 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis State Estimation in Electric Power Systems by : A. Monticelli

Download or read book State Estimation in Electric Power Systems written by A. Monticelli and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: State Estimation in Electric Power Systems: A Generalized Approach provides for the first time a comprehensive introduction to the topic of state estimation at an advanced textbook level. The theory as well as practice of weighted least squares (WLS) is covered with significant rigor. Included are an in depth analysis of power flow basics, proper justification of Stott's decoupled method, observability theory and matrix solution methods. In terms of practical application, topics such as bad data analysis, combinatorial bad data analysis and multiple snap shot estimation are covered. The book caters both to the specialist as well as the newcomer to the field. State estimation will play a crucial role in the emerging scenario of a deregulated power industry. Many market decisions will be based on knowing the present state of the system accurately. State Estimation in Electric Power Systems: A Generalized Approach crystallizes thirty years of WLS state estimation theory and practice in power systems and focuses on techniques adopted by state estimation developers worldwide. The book also reflects the experience of developing industrial-grade state estimation software that is used in the USA, South America, and many other places in world.

Power Generation, Operation, and Control

Author : Allen J. Wood
Publisher : John Wiley & Sons
ISBN 13 : 1118733916
Total Pages : 656 pages
Book Rating : 4.1/5 (187 download)

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Book Synopsis Power Generation, Operation, and Control by : Allen J. Wood

Download or read book Power Generation, Operation, and Control written by Allen J. Wood and published by John Wiley & Sons. This book was released on 2013-12-18 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt: A thoroughly revised new edition of the definitive work on power systems best practices In this eagerly awaited new edition, Power Generation, Operation, and Control continues to provide engineers and academics with a complete picture of the techniques used in modern power system operation. Long recognized as the standard reference in the field, the book has been thoroughly updated to reflect the enormous changes that have taken place in the electric power industry since the Second Edition was published seventeen years ago. With an emphasis on both the engineering and economic aspects of energy management, the Third Edition introduces central "terminal" characteristics for thermal and hydroelectric power generation systems, along with new optimization techniques for tackling real-world operating problems. Readers will find a range of algorithms and methods for performing integrated economic, network, and generating system analysis, as well as modern methods for power system analysis, operation, and control. Special features include: State-of-the-art topics such as market simulation, multiple market analysis, contract and market bidding, and other business topics Chapters on generation with limited energy supply, power flow control, power system security, and more An introduction to regulatory issues, renewable energy, and other evolving topics New worked examples and end-of-chapter problems A companion website with additional materials, including MATLAB programs and power system sample data sets

Operation of Restructured Power Systems

Author : Kankar Bhattacharya
Publisher : Springer Science & Business Media
ISBN 13 : 1461514657
Total Pages : 323 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Operation of Restructured Power Systems by : Kankar Bhattacharya

Download or read book Operation of Restructured Power Systems written by Kankar Bhattacharya and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deregulation is a fairly new paradigm in the electric power industry. And just as in the case of other industries where it has been introduced, the goal of deregulation is to enhance competition and bring consumers new choices and economic benefits. The process has, obviously, necessitated reformulation of established models of power system operation and control activities. Similarly, issues such as system reliability, control, security and power quality in this new environment have come in for scrutiny and debate. In this book, we attempt to present a comprehensive overview of the deregulation process that has developed till now, focussing on the operation aspects. As of now, restructured electricity markets have been established in various degrees and forms in many countries. This book comes at a time when the deregulation process is poised to undergo further rapid advancements. It is envisaged that the reader will benefit by way of an enhanced understanding of power system operations in the conventional vertically integrated environment vis-a-vis the deregulated environment. The book is aimed at a wide range of audience- electric utility personnel involved in scheduling, dispatch, grid operations and related activities, personnel involved in energy trading businesses and electricity markets, institutions involved in energy sector financing. Power engineers, energy economists, researchers in utilities and universities should find the treatment of mathematical models as well as emphasis on recent research work helpful.

Computational Methods for Large Sparse Power Systems Analysis

Author : S.A. Soman
Publisher : Springer Science & Business Media
ISBN 13 : 1461508231
Total Pages : 349 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Computational Methods for Large Sparse Power Systems Analysis by : S.A. Soman

Download or read book Computational Methods for Large Sparse Power Systems Analysis written by S.A. Soman and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: Computational methods in Power Systems require significant inputs from diverse disciplines, such as data base structures, numerical analysis etc. Strategic decisions in sparsity exploitation and algorithm design influence large-scale simulation and high-speed computations. Selection of programming paradigm shapes the design, its modularity and reusability. This has a far reaching effect on software maintenance. Computational Methods for Large Sparse Power Systems Analysis: An Object Oriented Approach provides a unified object oriented (OO) treatment for power system analysis. Sparsity exploitation techniques in OO paradigm are emphasized to facilitate large scale and fast computing. Specific applications like large-scale load flow, short circuit analysis, state estimation and optimal power flow are discussed within this framework. A chapter on modeling and computational issues in power system dynamics is also included. Motivational examples and illustrations are included throughout the book. A library of C++ classes provided along with this book has classes for transmission lines, transformers, substation etc. A CD-ROM with C++ programs is also included. It contains load flow, short circuit analysis and network topology processor applications. Power system data is provided and systems up to 150 buses can be studied. Other Special Features: This book is the first of its kind, covering power system applications designed with an OO perspective. Chapters on object orientation for modeling of power system computations, data structure, large sparse linear system solver, sparse QR decomposition in an OO framework are special features of this book.

Computational Techniques for Voltage Stability Assessment and Control

Author : Venkataramana Ajjarapu
Publisher : Springer Science & Business Media
ISBN 13 : 0387329358
Total Pages : 257 pages
Book Rating : 4.3/5 (873 download)

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Book Synopsis Computational Techniques for Voltage Stability Assessment and Control by : Venkataramana Ajjarapu

Download or read book Computational Techniques for Voltage Stability Assessment and Control written by Venkataramana Ajjarapu and published by Springer Science & Business Media. This book was released on 2007-05-27 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides comprehensive details on continuation power flow, and reviews concepts in bifurcation theory and continuation methods for assessing power system voltage stability. The author proposes a uniform framework that provides computational approaches for both short-term and long-term voltage stability phenomena. Readers can access the author’s web-based simulation tools, which are based on the advice in this book, to simulate tests of systems up to the size of 200 busses.

Applied Mathematics for Restructured Electric Power Systems

Author : Joe H. Chow
Publisher : Springer Science & Business Media
ISBN 13 : 0387234713
Total Pages : 345 pages
Book Rating : 4.3/5 (872 download)

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Book Synopsis Applied Mathematics for Restructured Electric Power Systems by : Joe H. Chow

Download or read book Applied Mathematics for Restructured Electric Power Systems written by Joe H. Chow and published by Springer Science & Business Media. This book was released on 2006-06-03 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applied Mathematics for Restructured Electric Power Systems: Optimization, Control, and Computational Intelligence consists of chapters based on work presented at a National Science Foundation workshop organized in November 2003. The theme of the workshop was the use of applied mathematics to solve challenging power system problems. The areas included control, optimization, and computational intelligence. In addition to the introductory chapter, this book includes 12 chapters written by renowned experts in their respected fields. Each chapter follows a three-part format: (1) a description of an important power system problem or problems, (2) the current practice and/or particular research approaches, and (3) future research directions. Collectively, the technical areas discussed are voltage and oscillatory stability, power system security margins, hierarchical and decentralized control, stability monitoring, embedded optimization, neural network control with adaptive critic architecture, control tuning using genetic algorithms, and load forecasting and component prediction. This volume is intended for power systems researchers and professionals charged with solving electric and power system problems.

The Next Generation of Electric Power Unit Commitment Models

Author : Benjamin F. Hobbs
Publisher : Springer Science & Business Media
ISBN 13 : 0306476630
Total Pages : 320 pages
Book Rating : 4.3/5 (64 download)

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Book Synopsis The Next Generation of Electric Power Unit Commitment Models by : Benjamin F. Hobbs

Download or read book The Next Generation of Electric Power Unit Commitment Models written by Benjamin F. Hobbs and published by Springer Science & Business Media. This book was released on 2006-04-11 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the years, the electric power industry has been using optimization methods to help them solve the unit commitment problem. The result has been savings of tens and perhaps hundreds of millions of dollars in fuel costs. Things are changing, however. Optimization technology is improving, and the industry is undergoing radical restructuring. Consequently, the role of commitment models is changing, and the value of the improved solutions that better algorithms might yield is increasing. The dual purpose of this book is to explore the technology and needs of the next generation of computer models for aiding unit commitment decisions. Because of the unit commitment problem's size and complexity and because of the large economic benefits that could result from its improved solution, considerable attention has been devoted to algorithm development in the book. More systematic procedures based on a variety of widely researched algorithms have been proposed and tested. These techniques have included dynamic programming, branch-and-bound mixed integer programming (MIP), linear and network programming approaches, and Benders decomposition methods, among others. Recently, metaheuristic methods have been tested, such as genetic programming and simulated annealing, along with expert systems and neural networks. Because electric markets are changing rapidly, how UC models are solved and what purposes they serve need reconsideration. Hence, the book brings together people who understand the problem and people who know what improvements in algorithms are really possible. The two-fold result in The Next Generation of Electric Power Unit Commitment Models is an assessment of industry needs and new formulations and computational approaches that promise to make unit commitment models more responsive to those needs.

Maintenance Scheduling in Restructured Power Systems

Author : M. Shahidehpour
Publisher : Springer Science & Business Media
ISBN 13 : 1461544734
Total Pages : 288 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Maintenance Scheduling in Restructured Power Systems by : M. Shahidehpour

Download or read book Maintenance Scheduling in Restructured Power Systems written by M. Shahidehpour and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The overall goal of this book is to introduce algorithms for improving the economic posture of a utility company in a restructured power system by promoting cost-effective maintenance schedules. Today, cutting operations and maintenance (O&M) costs and preserving service reliability) are among the top priorities for managers ofutility companies. Preventive maintenance is perhaps the single largest controllable cost ofa utility2 operation. It is perceived that a careful planning and a good coordination among self-interested entities in a restructured power system are essential to achieving an optimal trade-off between the cost ofmaintenance and the service reliability. Traditional maintenance programs in verticall/ integrated utilities relied heavily on time-directed maintenance and manufacturer recommendations. This book offers a logical alternative to traditional electric utility maintenance practices and a basis for maintenance decisions. The book is organized as follows. Chapter I reviews various issues related to the power system operation and presents the role of restructuring in maintenance scheduling. In Chapter II, fundamental topics related to linear and nonlinear systems are reviewed. The duality in linear programming is discussed and integer programming is reviewed. Benders decomposition, Lagrangian relaxation, and Dantzig-Wolfe decomposition are presented. Several examples are given to demonstrate the applications ofdifferent methods. The formulation ofreactive power optimization is discussed which will be used again in Chapter VII.

The Electric Power Engineering Handbook - Five Volume Set

Author : Leonard L. Grigsby
Publisher : CRC Press
ISBN 13 : 1000006824
Total Pages : 3036 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis The Electric Power Engineering Handbook - Five Volume Set by : Leonard L. Grigsby

Download or read book The Electric Power Engineering Handbook - Five Volume Set written by Leonard L. Grigsby and published by CRC Press. This book was released on 2018-12-14 with total page 3036 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Electric Power Engineering Handbook, Third Edition updates coverage of recent developments and rapid technological growth in crucial aspects of power systems, including protection, dynamics and stability, operation, and control. With contributions from worldwide field leaders—edited by L.L. Grigsby, one of the world’s most respected, accomplished authorities in power engineering—this reference includes chapters on: Nonconventional Power Generation Conventional Power Generation Transmission Systems Distribution Systems Electric Power Utilization Power Quality Power System Analysis and Simulation Power System Transients Power System Planning (Reliability) Power Electronics Power System Protection Power System Dynamics and Stability Power System Operation and Control Content includes a simplified overview of advances in international standards, practices, and technologies, such as small-signal stability and power system oscillations, power system stability controls, and dynamic modeling of power systems. Each book in this popular series supplies a high level of detail and, more importantly, a tutorial style of writing and use of photographs and graphics to help the reader understand the material. This resource will help readers achieve safe, economical, high-quality power delivery in a dynamic and demanding environment. Volumes in the set: K12642 Electric Power Generation, Transmission, and Distribution, Third Edition (ISBN: 9781439856284) K12648 Power Systems, Third Edition (ISBN: 9781439856338) K13917 Power System Stability and Control, Third Edition (9781439883204) K12650 Electric Power Substations Engineering, Third Edition (9781439856383) K12643 Electric Power Transformer Engineering, Third Edition (9781439856291)

Power Systems

Author : Leonard L. Grigsby
Publisher : CRC Press
ISBN 13 : 1439856346
Total Pages : 568 pages
Book Rating : 4.4/5 (398 download)

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Book Synopsis Power Systems by : Leonard L. Grigsby

Download or read book Power Systems written by Leonard L. Grigsby and published by CRC Press. This book was released on 2017-12-19 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: Power Systems, Third Edition (part of the five-volume set, The Electric Power Engineering Handbook) covers all aspects of power system protection, dynamics, stability, operation, and control. Under the editorial guidance of L.L. Grigsby, a respected and accomplished authority in power engineering, and section editors Andrew Hanson, Pritindra Chowdhuri, Gerry Sheblé, and Mark Nelms, this carefully crafted reference includes substantial new and revised contributions from worldwide leaders in the field. This content provides convenient access to overviews and detailed information on a diverse array of topics. Concepts covered include: Power system analysis and simulation Power system transients Power system planning (reliability) Power electronics Updates to nearly every chapter keep this book at the forefront of developments in modern power systems, reflecting international standards, practices, and technologies. New sections present developments in small-signal stability and power system oscillations, as well as power system stability controls and dynamic modeling of power systems. With five new and 10 fully revised chapters, the book supplies a high level of detail and, more importantly, a tutorial style of writing and use of photographs and graphics to help the reader understand the material. New chapters cover: Symmetrical Components for Power System Analysis Transient Recovery Voltage Engineering Principles of Electricity Pricing Business Essentials Power Electronics for Renewable Energy A volume in the Electric Power Engineering Handbook, Third Edition Other volumes in the set: K12642 Ele

Robust Control in Power Systems

Author : Bikash Pal
Publisher : Springer Science & Business Media
ISBN 13 : 0387259503
Total Pages : 207 pages
Book Rating : 4.3/5 (872 download)

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Book Synopsis Robust Control in Power Systems by : Bikash Pal

Download or read book Robust Control in Power Systems written by Bikash Pal and published by Springer Science & Business Media. This book was released on 2006-07-02 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robust Control in Power Systems deals with the applications of new techniques in linear system theory to control low frequency oscillations in power systems. The book specifically focuses on the analysis and damping of inter-area oscillations in the systems which are in the range of 0.2-1 Hz. The damping control action is injected through high power electronic devices known as flexible AC transmission system (FACTS) controllers. Three commonly used FACTS controllers: controllable series capacitors (CSCs) controllable phase shifters (CPSs) and static var compensators (SVCs) have been used in this book to control the inter-area oscillations. The overview of linear system theory from the perspective of power system control is explained through examples. The damping control design is formulated as norm optimization problem. The H_infinity, H2 norm of properly defined transfer functions are minimized in linear matrix inequalities (LMI) framework to obtain desired performance and stability robustness. Both centralized and decentralized control structures are used. Usually the transmission of feedback signal from a remote location encounters delays making it difficult to control the system. Smith predictor based approach has been successfully explored in this book as a solution to such a problem. Robust Control in Power Systems will be valuable to academicians in the areas of power, control and system theory, as well as professionals in the power industry.

Real-Time Stability in Power Systems

Author : Savu C. Savulescu
Publisher : Springer Science & Business Media
ISBN 13 : 9780387256269
Total Pages : 360 pages
Book Rating : 4.2/5 (562 download)

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Book Synopsis Real-Time Stability in Power Systems by : Savu C. Savulescu

Download or read book Real-Time Stability in Power Systems written by Savu C. Savulescu and published by Springer Science & Business Media. This book was released on 2006 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the aftermath of the wave of blackouts that affected US, UK and mainland Europe utilities in 2003 and 2004, renewed attention has been focused on maintaining the highest level of reliability and security in the operation of power systems. The lack of adequate transmission infrastructure as well as real-time tools aimed at detecting and alarming system conditions have also been highlighted. In this context, the need to assess stability and predict the risk of blackout in real-time has become particularly relevant. Early work in this field documented in technical papers published throughout the 1990s and early 2000s underlined the importance of performing stability assessment in real-time. While static security assessment is conceptually straightforward, innovative approaches are needed to combine it with dynamic security assessment to develop an overall scheme so that results can be used for on-line decision-making. On October 13, 2004, the IEEE Power Systems Conference and Exposition 2004 hosted the ‘Real-Time Stability Challenge’ panel session. Organized by the Power System Dynamic Performance Committee, the panel was a forum for presenting progress achieved in this field, discussing new ideas, and identifying the challenges to be met in the course of future research. Real-Time Stability in Power Systems: Techniques for Early Detection of the Risk of Blackout is built around most of the panel papers, updated and expanded by the authors with the new material relevant to the panel theme. The chapters are contributed by well known experts in the field, thus providing an authoritative reference on the theory and implementation of real-time stability assessment -- one of the critical topics of the day. Some of the issues discussed in the book include, but are not limited to: *Stability limits and how to objectively define them, *Techniques for defining and measuring the distance to instability, *The characterization of the risk of blackout, *Discussion of quick, approximate methods to filter out non-critical contingencies and do a detailed simulation only of those that result in limit violations, *Theoretical description and practical experience with real-time and/or near real-time stability applications available today in the SCADA/EMS industry.

Power Quality Enhancement Using Custom Power Devices

Author : Arindam Ghosh
Publisher : Springer Science & Business Media
ISBN 13 : 1461511534
Total Pages : 474 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Power Quality Enhancement Using Custom Power Devices by : Arindam Ghosh

Download or read book Power Quality Enhancement Using Custom Power Devices written by Arindam Ghosh and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: Power Quality Enhancement Using Custom Power Devices considers the structure, control and performance of series compensating DVR, the shunt DSTATCOM and the shunt with series UPQC for power quality improvement in electricity distribution. Also addressed are other power electronic devices for improving power quality in Solid State Transfer Switches and Fault Current Limiters. Applications for these technologies as they relate to compensating busses supplied by a weak line and for distributed generation connections in rural networks, are included. In depth treatment of inverters to achieve voltage support, voltage balancing, harmonic suppression and transient suppression in realistic network environments are also covered. New material on the potential for shunt and series compensation which emphasizes the importance of control design has been introduced.

Heterogeneous Agent Modeling

Author : Cars Hommes
Publisher : Elsevier
ISBN 13 : 0444641327
Total Pages : 834 pages
Book Rating : 4.4/5 (446 download)

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Book Synopsis Heterogeneous Agent Modeling by : Cars Hommes

Download or read book Heterogeneous Agent Modeling written by Cars Hommes and published by Elsevier. This book was released on 2018-06-27 with total page 834 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Computational Economics: Heterogeneous Agent Modeling, Volume Four, focuses on heterogeneous agent models, emphasizing recent advances in macroeconomics (including DSGE), finance, empirical validation and experiments, networks and related applications. Capturing the advances made since the publication of Volume Two (Tesfatsion & Judd, 2006), it provides high-level literature with sections devoted to Macroeconomics, Finance, Empirical Validation and Experiments, Networks, and other applications, including Innovation Diffusion in Heterogeneous Populations, Market Design and Electricity Markets, and a final section on Perspectives on Heterogeneity. Helps readers fully understand the dynamic properties of realistically rendered economic systems Emphasizes detailed specifications of structural conditions, institutional arrangements and behavioral dispositions Provides broad assessments that can lead researchers to recognize new synergies and opportunities

Holonic and Multi-Agent Systems for Manufacturing

Author : Vladimir Marik
Publisher : Springer
ISBN 13 : 3540451854
Total Pages : 328 pages
Book Rating : 4.5/5 (44 download)

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Book Synopsis Holonic and Multi-Agent Systems for Manufacturing by : Vladimir Marik

Download or read book Holonic and Multi-Agent Systems for Manufacturing written by Vladimir Marik and published by Springer. This book was released on 2004-01-24 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: The increasing complexity of manufacturing systems as well as the overall demands for flexible and fault-tolerant control of production processes stimulates (among many others) two key emerging technologies that are already making an important breakthrough in the field of intelligent manufacturing, control, and diagnostics. These two paradigms are: • the holonic approach based on the event-driven control strategy, usually aimed at modular control systems that are directly physically linked with the manufacturing hardware equipment, and • the multi-agent approach developed in the area of distributed information processing. The research communities working in both these fields are approaching the problem of intelligent manufacturing from different viewpoints and, until recently, to a certain extent, in an independent way. We can however observe quite a clear convergence of these fields in the last few years: the communities have started to cooperate, joining efforts to solve the painful problems involved in achieving effective industrial practice. We can see convergence in the terminology, standards and methods being applied.