Integration of Demand Response into the Electricity Chain

Integration of Demand Response into the Electricity Chain PDF Author: Arturo Losi
Publisher: John Wiley & Sons
ISBN: 1848218540
Category : Science
Languages : en
Pages : 296

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Book Description
The concept of Demand Response (DR) generally concerns methodologies, technologies and commercial arrangements that could allow active participation of consumers in the power system operation. The primary aim of DR is thus to overcome the “traditional” inflexibility of electrical demand and, amongst others, create a new powerful tool to maximize deployment of renewable energy sources as well as provide active network management solutions to help reducing the impact of limited grid capabilities. DR allows consumers to actively participate in power system operation, thus bringing new opportunities in emerging energy markets as well as tangible system benefits. In this sense, DR is considered one of the key enablers of the Smart Grid concept. However, DR also poses a number of challenges, particularly when “active demand” is connected to the Low Voltage network, thus affecting all the actors involved in the electricity chain. This book presents for the first time a comprehensive view on technical methodologies and architectures, commercial arrangements, and socio-economic and regulatory factors that could facilitate the uptake of DR. The work is developed in a systematic way so as to create a comprehensive picture of challenges, benefits and opportunities involved with DR. The reader will thus be provided with a clear understanding of the complexity deriving from a demand becoming active, as well as with a quantitative assessment of the techno-economic value of the proposed solutions in a Smart Grid context. Many research contributions have appeared in recent years in the field of DR, both in journals and conference proceedings. However, most publications focus on individual aspects of the problem. A systematic treatment of the issues to be tackled to introduce DR in existing electricity grids, involving the extended value chain in terms of technical and commercial aspects, is still missing. Also, several books have recently been published about Smart Grid, in which there is some mention to DR. However, again while DR is seen as a key pillar for the Smart Grid, there is no dedicated, comprehensive and systematic contribution in this respect.

Integration of Demand Response into the Electricity Chain

Integration of Demand Response into the Electricity Chain PDF Author: Arturo Losi
Publisher: John Wiley & Sons
ISBN: 1848218540
Category : Science
Languages : en
Pages : 296

Get Book Here

Book Description
The concept of Demand Response (DR) generally concerns methodologies, technologies and commercial arrangements that could allow active participation of consumers in the power system operation. The primary aim of DR is thus to overcome the “traditional” inflexibility of electrical demand and, amongst others, create a new powerful tool to maximize deployment of renewable energy sources as well as provide active network management solutions to help reducing the impact of limited grid capabilities. DR allows consumers to actively participate in power system operation, thus bringing new opportunities in emerging energy markets as well as tangible system benefits. In this sense, DR is considered one of the key enablers of the Smart Grid concept. However, DR also poses a number of challenges, particularly when “active demand” is connected to the Low Voltage network, thus affecting all the actors involved in the electricity chain. This book presents for the first time a comprehensive view on technical methodologies and architectures, commercial arrangements, and socio-economic and regulatory factors that could facilitate the uptake of DR. The work is developed in a systematic way so as to create a comprehensive picture of challenges, benefits and opportunities involved with DR. The reader will thus be provided with a clear understanding of the complexity deriving from a demand becoming active, as well as with a quantitative assessment of the techno-economic value of the proposed solutions in a Smart Grid context. Many research contributions have appeared in recent years in the field of DR, both in journals and conference proceedings. However, most publications focus on individual aspects of the problem. A systematic treatment of the issues to be tackled to introduce DR in existing electricity grids, involving the extended value chain in terms of technical and commercial aspects, is still missing. Also, several books have recently been published about Smart Grid, in which there is some mention to DR. However, again while DR is seen as a key pillar for the Smart Grid, there is no dedicated, comprehensive and systematic contribution in this respect.

Integration of Demand Response into the Electricity Chain

Integration of Demand Response into the Electricity Chain PDF Author: Arturo Losi
Publisher: John Wiley & Sons
ISBN: 1119245583
Category : Science
Languages : en
Pages : 296

Get Book Here

Book Description
The concept of Demand Response (DR) generally concerns methodologies, technologies and commercial arrangements that could allow active participation of consumers in the power system operation. The primary aim of DR is thus to overcome the “traditional” inflexibility of electrical demand and, amongst others, create a new powerful tool to maximize deployment of renewable energy sources as well as provide active network management solutions to help reducing the impact of limited grid capabilities. DR allows consumers to actively participate in power system operation, thus bringing new opportunities in emerging energy markets as well as tangible system benefits. In this sense, DR is considered one of the key enablers of the Smart Grid concept. However, DR also poses a number of challenges, particularly when “active demand” is connected to the Low Voltage network, thus affecting all the actors involved in the electricity chain. This book presents for the first time a comprehensive view on technical methodologies and architectures, commercial arrangements, and socio-economic and regulatory factors that could facilitate the uptake of DR. The work is developed in a systematic way so as to create a comprehensive picture of challenges, benefits and opportunities involved with DR. The reader will thus be provided with a clear understanding of the complexity deriving from a demand becoming active, as well as with a quantitative assessment of the techno-economic value of the proposed solutions in a Smart Grid context. Many research contributions have appeared in recent years in the field of DR, both in journals and conference proceedings. However, most publications focus on individual aspects of the problem. A systematic treatment of the issues to be tackled to introduce DR in existing electricity grids, involving the extended value chain in terms of technical and commercial aspects, is still missing. Also, several books have recently been published about Smart Grid, in which there is some mention to DR. However, again while DR is seen as a key pillar for the Smart Grid, there is no dedicated, comprehensive and systematic contribution in this respect.

Integration of Low Carbon Technologies in Smart Grids

Integration of Low Carbon Technologies in Smart Grids PDF Author: Donato Zarrilli
Publisher: Springer
ISBN: 331998358X
Category : Technology & Engineering
Languages : en
Pages : 107

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Book Description
The thesis provides different opportunities and ideas to face some current challenges in the electricity systems. It focuses on the effective and efficient integration of distributed low carbon technologies in the grid of the future. Planning and operation problems for different clean solutions, such as market bidding strategies for intermittent energy producers, demand side management algorithms for smart buildings, and electrical storage options for network operators, are studied for facilitating the integration of renewable energy sources in the power system chain.

Smart Buildings, Smart Communities and Demand Response

Smart Buildings, Smart Communities and Demand Response PDF Author: Denia Kolokotsa
Publisher: John Wiley & Sons
ISBN: 1786304260
Category : Computers
Languages : en
Pages : 210

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Book Description
This book focuses on near-zero energy buildings (NZEBs), smart communities and microgrids. In this context, demand response (DR) is associated with significant environmental and economic benefits when looking at how electricity grids, communities and buildings can operate optimally. In DR, the consumer becomes a prosumer with an important active role in the exchange of energy on an hourly basis. DR is gradually gaining ground with respect to the reduction of peak loads, grid balancing and dealing with the volatility of renewable energy sources (RES). This transition calls for high environmental awareness and new tools or services that will improve the dynamic as well as secure multidirectional exchange of energy and data. Overall, DR is identified as an important field for technological and market innovations aligned with climate change mitigation policies and the transition to sustainable smart grids in the foreseeable future. Smart Buildings, Smart Communities and Demand Response provides an insight into various intrinsic aspects of DR potential, at the building and the community level.

Distributed Energy Resources in Local Integrated Energy Systems

Distributed Energy Resources in Local Integrated Energy Systems PDF Author: Giorgio Graditi
Publisher: Elsevier
ISBN: 0128242140
Category : Technology & Engineering
Languages : en
Pages : 453

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Book Description
Distributed Energy Resources in Local Integrated Energy Systems: Optimal Operation and Planning reviews research and policy developments surrounding the optimal operation and planning of DER in the context of local integrated energy systems in the presence of multiple energy carriers, vectors and multi-objective requirements. This assessment is carried out by analyzing impacts and benefits at local levels, and in distribution networks and larger systems. These frameworks represent valid tools to provide support in the decision-making process for DER operation and planning. Uncertainties of RES generation and loads in optimal DER scheduling are addressed, along with energy trading and blockchain technologies. Interactions among various energy carriers in local energy systems are investigated in scalable and flexible optimization models for adaptation to a number of real contexts thanks to the wide variety of generation, conversion and storage technologies considered, the exploitation of demand side flexibility, emerging technologies, and through the general mathematical formulations established. - Integrates multi-energy DER, including electrical and thermal distributed generation, demand response, electric vehicles, storage and RES in the context of local integrated energy systems - Fosters the integration of DER in the electricity markets through the concepts of DER aggregation - Addresses the challenges of emerging paradigms as energy communities and energy blockchain applications in the current and future energy landscape - Proposes operation optimization models and methods through multi-objective approaches for fostering short- and long-run sustainability of local energy systems - Assesses and models the uncertainties of renewable resources and intermittent loads in the short-term decision-making process for smart decentralized energy systems

Uncertainties in Modern Power Systems

Uncertainties in Modern Power Systems PDF Author: Ahmed F. Zobaa
Publisher: Academic Press
ISBN: 0128208937
Category : Technology & Engineering
Languages : en
Pages : 718

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Book Description
Uncertainties in Modern Power Systems combines several aspects of uncertainty management in power systems at the planning and operation stages within an integrated framework. This book provides the state-of-the-art in electric network planning, including time-scales, reliability, quality, optimal allocation of compensators and distributed generators, mathematical formulation, and search algorithms. The book introduces innovative research outcomes, programs, algorithms, and approaches that consolidate the present status and future opportunities and challenges of power systems. The book also offers a comprehensive description of the overall process in terms of understanding, creating, data gathering, and managing complex electrical engineering applications with uncertainties. This reference is useful for researchers, engineers, and operators in power distribution systems. - Includes innovative research outcomes, programs, algorithms, and approaches that consolidate current status and future of modern power systems - Discusses how uncertainties will impact on the performance of power systems - Offers solutions to significant challenges in power systems planning to achieve the best operational performance of the different electric power sectors

Blockchain-Based Smart Grids

Blockchain-Based Smart Grids PDF Author: Miadreza Shafie-khah
Publisher: Academic Press
ISBN: 0128178620
Category : Technology & Engineering
Languages : en
Pages : 232

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Book Description
Blockchain-Based Smart Grids presents emerging applications of blockchain in electrical system and looks to future developments in the use of blockchain technology in the energy market. Rapid growth of renewable energy resources in power systems and significant developments in the telecommunication systems has resulted in new market designs being employed to cover unpredictable and distributed generation of electricity. This book considers the marriage of blockchain and grid modernization, and discusses the transaction shifts in smart grids, from centralized to peer-to-peer structures. In addition, it addresses the effective application of these structures to speed up processes, resulting in more flexible electricity systems. Aimed at moving towards blockchain-based smart grids with renewable applications, this book is useful to researchers and practitioners in all sectors of smart grids, including renewable energy providers, manufacturers and professionals involved in electricity generation from renewable sources, grid modernization and smart grid applications.

Energy Positive Neighborhoods and Smart Energy Districts

Energy Positive Neighborhoods and Smart Energy Districts PDF Author: Antonello Monti
Publisher: Academic Press
ISBN: 0128103981
Category : Technology & Engineering
Languages : en
Pages : 302

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Book Description
Energy Positive Neighborhoods and Smart Energy Districts: Methods, Tools, and Experiences from the Field is a comprehensive guide to this highly interdisciplinary topic. Monti et. al's combined experience make them the most qualified team of editors to explore the processes and tools involved in creating Energy Positive Neighborhoods and Smart Energy Districts in an urban setting. Tools include: - A complete simulation library to quickly support the implementation of a model of the scenario - A set of possible approaches to neighborhood energy optimization - An open, extensible information model for neighbourhood asset description The structure of this book offers different reading paths to appeal to the very varied audience it addresses. It describes the process of adaption and the challenges faced by the decision makers, and also how simulation, optimisation, ICT approaches and business models are combined in a holistic and pragmatic way. It also offers possible business models and a means to quantify them to complete the development process. This book is suitable for students on muti-disciplinary energy engineering courses, energy practitioners, ICT vendors aiming to develop new services to target the building industry, and decision makers aiming to structure an urban renovation program. - Delivers a significant amount of exclusive knowledge on the topics of energy positive neighborhoods and smart energy districts - Allows readers to grasp the complexity of this interdisciplinary topic by providing access to well-structured processes and tools - Includes real life examples of the transformation of two demonstration sites that illustrate the concepts discussed to add context and value to their implementation

Demand Response in Smart Grids

Demand Response in Smart Grids PDF Author: Pengwei Du
Publisher: Springer
ISBN: 3030197697
Category : Technology & Engineering
Languages : en
Pages : 270

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Book Description
This book is the first of its kind to comprehensively describe the principles of demand response. This allows consumers to play a significant role in the operation of the electric grid by reducing or shifting their electricity usage in response to the grid reliability need, time-based rates or other forms of financial incentives. The main contents of the book include modeling of demand response resources, incentive design, scheduling and dispatch algorithms, and impacts on grid operation and planning. Through case studies and illustrative examples, the authors highlight and compare the advantages, disadvantages and benefits that demand response can have on grid operations and electricity market efficiency. First book of its kind to introduce the principles of demand response; Combines theory with real-world applications useful for both professionals and academic researchers; Covers demand response in the context of power system applications.

Micro and Local Power Markets

Micro and Local Power Markets PDF Author: Andreas Sumper
Publisher: John Wiley & Sons
ISBN: 1119434548
Category : Technology & Engineering
Languages : en
Pages : 282

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Book Description
Introduces readers to micro and local power markets and their use for local initiatives, grid integration, and future applications This book provides the basis for understanding micro power markets, emphasizing its application for local initiatives, the grid integration of renewable-based generation, and facilitating the decarbonization of the future electrical networks. It gives readers a comprehensive overview of the market operation, and highlights the basis of the design of local and micro markets. Micro and Local Power Markets starts by covering the economics and basic principle of power markets, including the fundamentals of the power trading (for both wholesale and local markets). Following a definition of both micro and local (technical and economic aspects) power markets, the book then looks at the organization of such markets. It describes the design of those power markets, isolated from the wholesale markets, and examines the methodologies of the interaction between these power markets and wholesale markets. The book also presents cognitive business models for micro and local power markets, as well as the regulatory issues concerning them. Introduces the basic principle of power markets Defines micro and local power markets Outlines the design of micro and local power markets, including the principles, as well as the trading schemes, flexibility, and services Discusses methodologies of the interaction between micro and local power markets and wholesale markets Presents business models for micro and local power markets Summarizes regulatory issues around micro and local power markets Micro and Local Power Markets is an ideal book for upper undergraduate students in engineering, as well as for early researchers in the energy sector. It is also recommended for any scientist and engineer being introduced to the field of power systems and their organization.