After first introducing the fundamentals of power system optimization, the classic model of optimization with contraints is covered and extended to transmission system with losses, and to hydro-thermal power systems. Various methematial solution techniques are presented including first and second order gradient, and dynamic programming. Unit commitment is a significant course component. Active power and reactive power optimal power flows (OPS) solutions are obtained. Deregulation and evolving market structures are covered, as well as market processes such as market clearing prices. |