Robust Energy Procurement of Large Electricity Consumers

Robust Energy Procurement of Large Electricity Consumers PDF Author: Sayyad Nojavan
Publisher: Springer
ISBN: 9783030032289
Category : Business & Economics
Languages : en
Pages : 254

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Book Description
This book identifies the challenges faced by large electricity consumers when they use several sources to procure their energy. The huge penetration of distributed energy resources and the intermittent nature of renewables can put the operations of the large electricity consumer at risk. The book discusses the different types of energy sources including the pool market, bilateral contracts, electrical vehicles, energy storage systems, and demand response programs in detail and presents solutions for robust and risk based scheduling. The author provides models for determining and considering uncertainties and optimal bidding strategies. The book is useful to engineers and students involved in the integration of various energy types as well as those working in state and federal governmental organizations who regulate different aspects of electricity market operation and planning. Presents solutions for robust and risk based scheduling; Discusses the operation and planning of energy storage systems; Presents the most-up-to-date technological approaches to energy integration.

Robust Energy Procurement of Large Electricity Consumers

Robust Energy Procurement of Large Electricity Consumers PDF Author: Sayyad Nojavan
Publisher: Springer
ISBN: 9783030032289
Category : Business & Economics
Languages : en
Pages : 254

Get Book Here

Book Description
This book identifies the challenges faced by large electricity consumers when they use several sources to procure their energy. The huge penetration of distributed energy resources and the intermittent nature of renewables can put the operations of the large electricity consumer at risk. The book discusses the different types of energy sources including the pool market, bilateral contracts, electrical vehicles, energy storage systems, and demand response programs in detail and presents solutions for robust and risk based scheduling. The author provides models for determining and considering uncertainties and optimal bidding strategies. The book is useful to engineers and students involved in the integration of various energy types as well as those working in state and federal governmental organizations who regulate different aspects of electricity market operation and planning. Presents solutions for robust and risk based scheduling; Discusses the operation and planning of energy storage systems; Presents the most-up-to-date technological approaches to energy integration.

Robust Energy Procurement of Large Electricity Consumers

Robust Energy Procurement of Large Electricity Consumers PDF Author: Sayyad Nojavan
Publisher: Springer
ISBN: 3030032299
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
This book identifies the challenges faced by large electricity consumers when they use several sources to procure their energy. The huge penetration of distributed energy resources and the intermittent nature of renewables can put the operations of the large electricity consumer at risk. The book discusses the different types of energy sources including the pool market, bilateral contracts, electrical vehicles, energy storage systems, and demand response programs in detail and presents solutions for robust and risk based scheduling. The author provides models for determining and considering uncertainties and optimal bidding strategies. The book is useful to engineers and students involved in the integration of various energy types as well as those working in state and federal governmental organizations who regulate different aspects of electricity market operation and planning. Presents solutions for robust and risk based scheduling; Discusses the operation and planning of energy storage systems; Presents the most-up-to-date technological approaches to energy integration.

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

Robust Optimal Planning and Operation of Electrical Energy Systems

Robust Optimal Planning and Operation of Electrical Energy Systems PDF Author: Behnam Mohammadi-ivatloo
Publisher: Springer
ISBN: 3030042960
Category : Technology & Engineering
Languages : en
Pages : 319

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Book Description
This book discusses the recent developments in robust optimization (RO) and information gap design theory (IGDT) methods and their application for the optimal planning and operation of electric energy systems. Chapters cover both theoretical background and applications to address common uncertainty factors such as load variation, power market price, and power generation of renewable energy sources. Case studies with real-world applications are included to help undergraduate and graduate students, researchers and engineers solve robust power and energy optimization problems and provide effective and promising solutions for the robust planning and operation of electric energy systems.

Robust Optimization in Electric Energy Systems

Robust Optimization in Electric Energy Systems PDF Author: Xu Andy Sun
Publisher: Springer Nature
ISBN: 3030851281
Category : Business & Economics
Languages : en
Pages : 337

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Book Description
This book covers robust optimization theory and applications in the electricity sector. The advantage of robust optimization with respect to other methodologies for decision making under uncertainty are first discussed. Then, the robust optimization theory is covered in a friendly and tutorial manner. Finally, a number of insightful short- and long-term applications pertaining to the electricity sector are considered. Specifically, the book includes: robust set characterization, robust optimization, adaptive robust optimization, hybrid robust-stochastic optimization, applications to short- and medium-term operations problems in the electricity sector, and applications to long-term investment problems in the electricity sector. Each chapter contains end-of-chapter problems, making it suitable for use as a text. The purpose of the book is to provide a self-contained overview of robust optimization techniques for decision making under uncertainty in the electricity sector. The targeted audience includes industrial and power engineering students and practitioners in energy fields. The young field of robust optimization is reaching maturity in many respects. It is also useful for practitioners, as it provides a number of electricity industry applications described up to working algorithms (in JuliaOpt).

Risk-Based Energy Management

Risk-Based Energy Management PDF Author: Sayyad Nojavan
Publisher: Academic Press
ISBN: 0128174927
Category : Technology & Engineering
Languages : en
Pages : 295

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Book Description
Risk-Based Energy Management: DC, AC and Hybrid AC-DC Microgrids defines the problems and challenges of DC, AC and hybrid AC-DC microgrids and considers the right tactics and risk-based scheduling to tackle them. The book looks at the intermittent nature of renewable generation, demand and market price with the risk to DC, AC and hybrid AC-DC microgrids, which makes it relevant for anyone in renewable energy demand and supply. As utilization of distributed energy resources and the intermittent nature of renewable generations, demand and market price can put the operation of DC, AC and hybrid AC-DC microgrids at risk, this book presents a timely resource. - Discusses both the challenges and solutions surrounding DC, AC and hybrid AC-DC microgrids - Proposes robust scheduling of DC, AC and hybrid AC-DC microgrids under uncertain environments - Includes modeling upstream grid prices, renewable resources and intermittent load in the decision-making process of DC, AC and hybrid AC-DC microgrids

Demand Response Application in Smart Grids

Demand Response Application in Smart Grids PDF Author: Sayyad Nojavan
Publisher: Springer Nature
ISBN: 3030313999
Category : Business & Economics
Languages : en
Pages : 287

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Book Description
This book analyzes the economic and technical effects of demand response programs in smart grids. A variety of operational and financial benefits are offered by demand response programs (DRPs) for load-serving entities, grid operators, and electricity consumers. The most notable advantages of DRPs are presented in this book, including decreased electricity prices, risk management, market power mitigation, and flexibility of market operations. In-depth chapters discuss the integration of demand response programs for the planning and operation of smart grids and explore the uncertainties of market prices, renewable resources and intermittent load management, making this a useful reference for a variety of different organizations and players in the electricity market, such as reliability organizations, distribution companies, transmission companies, and electric end-users.

Integration of Clean and Sustainable Energy Resources and Storage in Multi-Generation Systems

Integration of Clean and Sustainable Energy Resources and Storage in Multi-Generation Systems PDF Author: Farkhondeh Jabari
Publisher: Springer Nature
ISBN: 3030424200
Category : Technology & Engineering
Languages : en
Pages : 357

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Book Description
This book presents design principles, performance assessment and robust optimization of different poly-generation systems using renewable energy sources and storage technologies. Uncertainties associated with demands or the intermittent nature of renewables are considered in decision making processes. Economic and environmental benefits of these systems in comparison with traditional fossil fuels based ones are also provided. Case studies, numerical results, discussions, and concluding remarks have been presented for each proposed system/strategy. This book is a useful tool for students, researchers, and engineers trying to design and evaluate different zero-energy and zero-emission stand-alone grids.

Electricity Markets

Electricity Markets PDF Author: Sayyad Nojavan
Publisher: Springer Nature
ISBN: 303036979X
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
This book analyzes new electricity pricing models that consider uncertainties in the power market due to the changing behavior of market players and the implementation of renewable distributed generation and responsive loads. In-depth chapters examine the different types of market players including the generation, transmission, and distribution companies, virtual power plants, demand response aggregators, and energy hubs and microgrids. Expert authors propose optimal operational models for short-term performance and scheduling and present readers with solutions for pricing challenges in uncertain environments. This book is useful for engineers, researchers and students involved in integrating demand response programs into smart grids and for electricity market operation and planning. Proposes optimal operation models; Discusses the various players in today's electricity markets; Describes the effects of demand response programs in smart grids.

Energy Internet

Energy Internet PDF Author: Ahmed F Zobaa
Publisher: Springer Nature
ISBN: 3030454533
Category : Technology & Engineering
Languages : en
Pages : 436

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Book Description
This textbook is the first of its kind to comprehensively describe the energy Internet, a vast network that efficiently supplies electricity to anyone anywhere and is an internet based wide area network for information and energy fusion. The chapters are organized into five parts: Architecture and Design, Energy Switching and Routing, Information and Communication, Energy Management Systems and Energy Market and Trading, and capture the spectrum of this exponential transformation, while also presenting the plethora of open problems that this transformation poses for researchers from mixed academic backgrounds. The scope includes key technologies on distributed energy sources, microgrids, energy storage, solar and wind energy, power grid, smart grid, power quality, power electronics, data centers, distributed computing and networking, cloud computing and big data, and software-defined networking. The book presents the basic principles of energy internet and emphasizes the current research trends in the field of energy Internet at an advanced level. It includes instructor materials, case-studies, and worked examples throughout. This is an ideal resource for students in advanced graduate-level courses and special topics in energy, information and control systems, and is a useful tool for utility engineers who seek an intuitive understanding of the emerging applications of energy Internet.