Energy is one of the world`s most challenging problems, and power systems are an important aspect of energy related issues. This handbook contains state-of-the-art contributions on power systems modeling and optimization. The book is separated into two volumes with six sections, which cover the most important areas of energy systems. The first volume covers the topics operations planning and expansion planning while the second volume focuses on transmission and distribution modeling, forecasting in energy, energy auctions and markets, as well as risk management. The contributions are authored by recognized specialists in their fields and consist in either state-of-the-art reviews or examinations of state-of-the-art developments. The articles are not purely theoretical, but instead also discuss specific applications in power systems.

Transmission and Distribution modelling.- Recent Developments in Optimal Power Flow Modeling Techniques.- Algorithms for Finding Optimal Flows in Dynamic Networks.- Signal Processing for Improving Power Quality.- Transmission Valuation Analysis based on Real Options with Price Spikes.- Forecasting in Energy.- Short-term Forecasting in Power Systems: A Guided Tour.- State-of-the-Art of Electricity Price Forecasting in a Grid Environment.- Modelling the Structure of Long-Term Electricity Forward Prices at Nord Pool.- Hybrid Bottom-Up/Top-Down Modeling of Prices in Deregulated Wholesale Power Markets.- Energy Auctions and Markets.- Agent-based Modeling and Simulation of Competitive Wholesale Electricity Markets.- Futures Market Trading for Electricity Producers and Retailers.- A Decision Support System for Generation Planning and Operation in Electricity Markets.- A Partitioning Method that Generates Interpretable Prices for Integer Programming Problems.- An Optimization-Based ConjecturedResponse Approach to Medium-term Electricity Markets Simulation.- Risk Management.- A Multi-stage Stochastic Programming Model for Managing Risk-optimal Electricity Portfolios.- Stochastic Optimization of Electricity Portfolios: Scenario Tree Modeling and Risk Management.- Taking Risk into Account in Electricity Portfolio Management.- Aspects of Risk Assessment in Distribution System Asset Management: Case Studies.