IEEE Power & Energy Magazine - July/August 2014 - 90

book review

generation & operation
an updated third edition

I

In thIs Issue, we have the review for the third edition of a book that
was first published in 1985. Power
Generation, Operation, and Control,
Third Edition is "a worthy addition to
professional libraries," the reviewers
start, and "makes admirable progress in
integrating the traditional with the new."

Power Generation,
Operation, and Control
Third Edition
By Allen J. Wood, Bruce F. Wollenberg,
and Gerald B. Sheblé
this book is an update to the 1996 second edition, which provided a very comprehensive overview of the economic
dispatch of generation resources and the
operation of power system networks consistent with the state of the art of power
system operations at that time. this new
edition continues to address and expands
upon the traditional topics of power system operations related to transmission
network power flow, state estimation, and
power system security. Further, the third
edition adds new material addressing the
operational impact of renewable generation resources and competitive market
economics on the operation of electric
power systems. the coverage of the topics on economic dispatch, unit commitment (including security constrained unit
commitment), and pooling and auctionbased markets has been expanded to
specifically include the concepts of competitive electricity markets. within these
areas, topics related to the traditional
Digital Object Identifier 10.1109/MPE.2014.2313803
Date of publication: 17 June 2014

90

ieee power & energy magazine

applications used by power system operations engineers were expanded to
describe their use in the integration of
competitive electricity market operations
with traditional power
system operational
needs and requirements.
this edition also includes a new and extensive discussion of
short-term demand
forecasting. Most importantly, the authors
have maintained a
strong presence of examples and problems
throughout the text to
add depth and clarity
to the presentation
and provide readers
with the opportunity
to gain from the experience of working through these examples and problems.
Chapter 2 sets the stage for the discussions of the latter topics by introducing an overview of the current organizations (both regulatory and commercial)
and operating structures within existing
power system operations in the united
states. this presentation is approached
from the perspective of the economic
models and characteristics relevant to the
subject of competitive market solutions.
Chapter 3 builds upon the previous
edition's discussion of economic dispatch of thermal units. the expanded
discussion includes concepts related to
locational marginal prices (LMPs) and
the operation of various auction markets
utilized in today's electricity markets and

associated research. Chapter 4 expands
upon this discussion by introducing the
subject of unit commitment, security
constrained unit commitment, and the application of these concepts in the near real
time and day-ahead
electricity markets.
Chapter s 6 - 1 0
continue to cover the
traditional topics of
transmission network
power flow, power
system security, optimal power flow (OPF),
state estimation, and
generation control as
aptly as in the previous editions. when
required, the nature of
the applications' utility in the competitive
markets is addressed in the presentation.
the OPF discussion in the previous edition has been expanded here in Chapter 8.
Both acOPF and dcOPF applications are
treated in an extended manner that brings
clarity and rigor to the topics. LMP theory is considered as well as its relationship
to incremental losses, and network flow
constraints is demonstrated.
Chapters 11 and 12 bring the book
to a conclusion with the introduction of
an expanded discussion of power system interchange transactions and pooling and auction markets (Chapter 11)
and the addition of an extended discussion of short-term demand forecasting (Chapter 12). this latter chapter
(continued on p. 93)
july/august 2014



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