Local Electricity Markets

Local Electricity Markets PDF Author: Tiago Pinto
Publisher: Academic Press
ISBN: 0128226668
Category : Business & Economics
Languages : en
Pages : 474

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Book Description
Local Electricity Markets introduces the fundamental characteristics, needs, and constraints shaping the design and implementation of local electricity markets. It addresses current proposed local market models and lessons from their limited practical implementation. The work discusses relevant decision and informatics tools considered important in the implementation of local electricity markets. It also includes a review on management and trading platforms, including commercially available tools. Aspects of local electricity market infrastructure are identified and discussed, including physical and software infrastructure. It discusses the current regulatory frameworks available for local electricity market development internationally. The work concludes with a discussion of barriers and opportunities for local electricity markets in the future. - Delineates key components shaping the design and implementation of local electricity market structure - Provides a coherent view on the enabling infrastructures and technologies that underpin local market expansion - Explores the current regulatory environment for local electricity markets drawn from a global panel of contributors - Exposes future paths toward widespread implementation of local electricity markets using an empirical review of barriers and opportunities - Reviews relevant local electricity market case studies, pilots and demonstrators already deployed and under implementation

Local Electricity Markets

Local Electricity Markets PDF Author: Tiago Pinto
Publisher: Academic Press
ISBN: 0128226668
Category : Business & Economics
Languages : en
Pages : 474

Get Book Here

Book Description
Local Electricity Markets introduces the fundamental characteristics, needs, and constraints shaping the design and implementation of local electricity markets. It addresses current proposed local market models and lessons from their limited practical implementation. The work discusses relevant decision and informatics tools considered important in the implementation of local electricity markets. It also includes a review on management and trading platforms, including commercially available tools. Aspects of local electricity market infrastructure are identified and discussed, including physical and software infrastructure. It discusses the current regulatory frameworks available for local electricity market development internationally. The work concludes with a discussion of barriers and opportunities for local electricity markets in the future. - Delineates key components shaping the design and implementation of local electricity market structure - Provides a coherent view on the enabling infrastructures and technologies that underpin local market expansion - Explores the current regulatory environment for local electricity markets drawn from a global panel of contributors - Exposes future paths toward widespread implementation of local electricity markets using an empirical review of barriers and opportunities - Reviews relevant local electricity market case studies, pilots and demonstrators already deployed and under 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.

Machine Learning for Energy Systems

Machine Learning for Energy Systems PDF Author: Denis Sidorov
Publisher: MDPI
ISBN: 3039433822
Category : Technology & Engineering
Languages : en
Pages : 272

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Book Description
This volume deals with recent advances in and applications of computational intelligence and advanced machine learning methods in power systems, heating and cooling systems, and gas transportation systems. The optimal coordinated dispatch of the multi-energy microgrids with renewable generation and storage control using advanced numerical methods is discussed. Forecasting models are designed for electrical insulator faults, the health of the battery, electrical insulator faults, wind speed and power, PV output power and transformer oil test parameters. The loads balance algorithm for an offshore wind farm is proposed. The information security problems in the energy internet are analyzed and attacked using information transmission contemporary models, based on blockchain technology. This book will be of interest, not only to electrical engineers, but also to applied mathematicians who are looking for novel challenging problems to focus on.

The Smart Grid

The Smart Grid PDF Author: Clark W. Gellings
Publisher: CRC Press
ISBN: 1000355314
Category : Business & Economics
Languages : en
Pages : 182

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Book Description
The power system has often been cited as the greatest and most complex machine ever built, yet it is predominantly a mechanical system. Technologies and intelligent systems are now available that can significantly enhance the overall functionality of power distribution and make it ready to meet the needs of the 21st century. This book explains how sensors, communications technologies, computational ability, control, and feedback mechanisms can be effectively combined to create this new, continually adjusting "smart grid" system. It provides an understanding of both IntelliGridSM architecture and EnergyPortSM as well as how to integrate intelligent systems to achieve the goals of reliability, cost containment, energy efficiency in power production and delivery, and end-use energy efficiency.

The Power of Transformation

The Power of Transformation PDF Author: International Energy Agency
Publisher:
ISBN: 9789264208032
Category : Technology & Engineering
Languages : en
Pages : 234

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Book Description
Wind power and solar photovoltaics (PV) are crucial to meeting future energy needs while decarbonizing the power sector. Deployment of both technologies has expanded rapidly in recent years, one of the few bright spots in an otherwise bleak picture of clean energy progress. However, the inherent variability of wind power and solar PV raises unique and pressing questions. Can power systems remain reliable and cost-effective while supporting high shares of variable renewable energy (VRE)? And if so, how? Based on a thorough review of the integration challenge, this publication gauges the economic significance of VRE integration impacts, highlights the need for a system-wide approach to integrating high shares of VRE and recommends how to achieve a cost-effective transformation of the power system. This book summarizes the results of the third phase of the Grid Integration of VRE (GIVAR) project, undertaken by the IEA over the past two years. It is rooted in a set o

Modeling and Control of Sustainable Power Systems

Modeling and Control of Sustainable Power Systems PDF Author: Lingfeng Wang
Publisher: Springer Science & Business Media
ISBN: 3642229042
Category : Technology & Engineering
Languages : en
Pages : 369

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Book Description
The concept of the smart grid promises the world an efficient and intelligent approach of managing energy production, transportation, and consumption by incorporating intelligence, efficiency, and optimality into the power grid. Both energy providers and consumers can take advantage of the convenience, reliability, and energy savings achieved by real-time and intelligent energy management. To this end, the current power grid is experiencing drastic changes and upgrades. For instance, more significant green energy resources such as wind power and solar power are being integrated into the power grid, and higher energy storage capacity is being installed in order to mitigate the intermittency issues brought about by the variable energy resources. At the same time, novel power electronics technologies and operating strategies are being invented and adopted. For instance, Flexible AC transmission systems and phasor measurement units are two promising technologies for improving the power system reliability and power quality. Demand side management will enable the customers to manage the power loads in an active fashion. As a result, modeling and control of modern power grids pose great challenges due to the adoption of new smart grid technologies. In this book, chapters regarding representative applications of smart grid technologies written by world-renowned experts are included, which explain in detail various innovative modeling and control methods.

Economics of Electricity

Economics of Electricity PDF Author: Anna Cretì
Publisher: Cambridge University Press
ISBN: 1107185653
Category : Business & Economics
Languages : en
Pages : 369

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Book Description
Explains the economics of electricity at each step of the supply chain: production, transportation and distribution, and retail.

Transportation and Power Grid in Smart Cities

Transportation and Power Grid in Smart Cities PDF Author: Hussein T. Mouftah
Publisher: John Wiley & Sons
ISBN: 1119360080
Category : Science
Languages : en
Pages : 661

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Book Description
With the increasing worldwide trend in population migration into urban centers, we are beginning to see the emergence of the kinds of mega-cities which were once the stuff of science fiction. It is clear to most urban planners and developers that accommodating the needs of the tens of millions of inhabitants of those megalopolises in an orderly and uninterrupted manner will require the seamless integration of and real-time monitoring and response services for public utilities and transportation systems. Part speculative look into the future of the world’s urban centers, part technical blueprint, this visionary book helps lay the groundwork for the communication networks and services on which tomorrow’s “smart cities” will run. Written by a uniquely well-qualified author team, this book provides detailed insights into the technical requirements for the wireless sensor and actuator networks required to make smart cities a reality.

Advanced Applications for Smart Energy Systems Considering Grid-Interactive Demand Response

Advanced Applications for Smart Energy Systems Considering Grid-Interactive Demand Response PDF Author: Angèle Reinders
Publisher: MDPI
ISBN: 3039219987
Category : Science
Languages : en
Pages : 152

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Book Description
This book covers applied research on smart energy systems, smart grids, smart energy homes, smart energy products and services, and the advanced applications thereof, in the context of demand response and grid interactions. In particular, this book is focused on interdisciplinary research results that combine technical, social, environmental, and economic aspects of smart energy systems and smart energy products. Moreover, several chapters are based on the evaluation of real life cases, energy pilots, prototypes of smart energy products, and end user surveys and interviews.

Smart Grid Handbook, 3 Volume Set

Smart Grid Handbook, 3 Volume Set PDF Author:
Publisher: John Wiley & Sons
ISBN: 1118755480
Category : Science
Languages : en
Pages : 1991

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Book Description
Comprehensive, cross-disciplinary coverage of Smart Grid issues from global expert researchers and practitioners. This definitive reference meets the need for a large scale, high quality work reference in Smart Grid engineering which is pivotal in the development of a low-carbon energy infrastructure. Including a total of 83 articles across 3 volumes The Smart Grid Handbook is organized in to 6 sections: Vision and Drivers, Transmission, Distribution, Smart Meters and Customers, Information and Communications Technology, and Socio-Economic Issues. Key features: Written by a team representing smart grid R&D, technology deployment, standards, industry practice, and socio-economic aspects. Vision and Drivers covers the vision, definitions, evolution, and global development of the smart grid as well as new technologies and standards. The Transmission section discusses industry practice, operational experience, standards, cyber security, and grid codes. The Distribution section introduces distribution systems and the system configurations in different countries and different load areas served by the grid. The Smart Meters and Customers section assesses how smart meters enable the customers to interact with the power grid. Socio-economic issues and information and communications technology requirements are covered in dedicated articles.The Smart Grid Handbook will meet the need for a high quality reference work to support advanced study and research in the field of electrical power generation, transmission and distribution. It will be an essential reference for regulators and government officials, testing laboratories and certification organizations, and engineers and researchers in Smart Grid-related industries.