IEEE Power & Energy Magazine - September/October 2014 - 90

flywheels are proposed to help improve stability and
reliability.
✔ A stochastic dynamic optimization model is proposed to
analyze the optimal expansion decisions considering the
uncertainty of wind power generation and future loads.
In the book, the impact from the variability of wind power
and load on optimal, long-term expansion decisions is
investigated on São Miguel Island. It is shown that wind
power is a cost-efficient expansion alternative, but some
dispatchable generation is also needed to compensate for
the uncertainty in wind power.
In addition to the merits discussed above, this book provides a comprehensive suite of operational support tools
for the Flores and São Miguel islands, which can be applicable to other interconnected power grids such as those
found in the United States, Europe, and China. It also has an
easy-to-follow monograph, which provides a holistic view
of the multiscale challenges of future power and energy systems. Moreover, it provides open-access simulation data for
the Azores archipelago, which can serve as a test case for
the community at large for quantifying the benefits of innovative technologies in future systems. Finally, the book is
easy to understand, and readers with undergraduate education in electrical engineering should be able to comprehend
and follow.
-Fangxing Li and Yao Xu
p&e

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IEEE Power & Energy Magazine - September/October 2014 - Cover3
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