This textbook provides a detailed description of operation problems in power systems including
power system modeling power system steady-state operations power system state estimation and
electricity markets. The book provides an appropriate blend of theoretical background and
practical applications which are developed as working algorithms coded in Octave (or Matlab)
and GAMS environments. This feature strengthens the usefulness of the book for both students
and practitioners. Students will gain an insightful understanding of current power system
operation problems in engineering including: (i) the formulation of decision-making models
(ii) the familiarization with efficient solution algorithms for such models and (iii) insights
into these problems through the detailed analysis of numerous illustrative examples. The
authors use a modern building-block approach to solving complex problems making the topic
accessible to students with limited background in power systems. Solved examples are used to
introduce new concepts and each chapter ends with a set of exercises.
