Emerging Transactive Energy Technology for Future Modern Energy Networks

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Author :
Publisher : Academic Press
ISBN 13 : 0323998372
Total Pages : 196 pages
Book Rating : 4.3/5 (239 download)

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Book Synopsis Emerging Transactive Energy Technology for Future Modern Energy Networks by : Mohammadreza Daneshvar

Download or read book Emerging Transactive Energy Technology for Future Modern Energy Networks written by Mohammadreza Daneshvar and published by Academic Press. This book was released on 2022-11-12 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emerging Transactive Energy Technology for the Future Modern Energy Networks looks at the importance of transactive energy technology in modern multi-carrier energy networks, exploring modeling and optimization and analyzing the necessity of transactive energy technology for future modern energy networks. Along with energy technology, the book covers applications of transactive energy technology, strategies in optimal operation of the hybrid energy networks, reliable and sustainable development of the modern energy networks, and design, integration and operation of a full level of renewable energy resources. This reference is intended for energy, power, mechanical and environmental engineers, researchers and postgraduate students who work in various types of energy systems. - Discusses the application of transactive energy technology in modernizing future energy networks - Investigates the optimal integration of 100% renewable energy resources in modern hybrid energy networks - Provides a holistic, transactive energy-based framework for creating interoperability between multi-carrier energy networks

Grid Modernization ─ Future Energy Network Infrastructure

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Publisher : Springer Nature
ISBN 13 : 303064099X
Total Pages : 293 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Grid Modernization ─ Future Energy Network Infrastructure by : Mohammadreza Daneshvar

Download or read book Grid Modernization ─ Future Energy Network Infrastructure written by Mohammadreza Daneshvar and published by Springer Nature. This book was released on 2021-03-08 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents theoretical, technical, and practical information on the modernization of future energy networks. All the basic requirements covering concepts, modeling, optimizing, and analyzing of future energy grids with various energy carriers such as electricity, gas, heat, and water, as well as their markets and contracts, are explained in detail. The main focus of the book is on modernizing both the energy consumers and the energy producers and analyzing various aspects of grid modernization such as reliability, resiliency, stability, and security. Coverage includes advanced communication protocols and solution methods for the Internet of Energy (IoE) infrastructure and energy trading in future energy grids with high/full share of renewable energy resources (RERs) within the transactive energy (TE) paradigm. Probabilistic modeling and optimizing of modern grids will be evaluated using realistic case studies considering the economic aspects of multi-carrier energy markets. This book will be welcomed as an important resource by researchers and postgraduate students studying energy systems, as well as practicing engineers working on modernizing energy grids and the design, planning, scheduling, and operation of smart power systems. Proposes practical solutions for solving the challenges of modern multi-carrier energy grids; Examines various types of energy storage systems and distributed energy resources (DERs) with an emphasis on renewable energy resources (RERs); Provides comprehensive mathematical models for optimizing of future modern multi-carrier energy grids.

Interconnected Modern Multi-Energy Networks and Intelligent Transportation Systems

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1394188773
Total Pages : 484 pages
Book Rating : 4.3/5 (941 download)

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Book Synopsis Interconnected Modern Multi-Energy Networks and Intelligent Transportation Systems by : Mohammadreza Daneshvar

Download or read book Interconnected Modern Multi-Energy Networks and Intelligent Transportation Systems written by Mohammadreza Daneshvar and published by John Wiley & Sons. This book was released on 2024-02-07 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interconnected Modern Multi-Energy Networks and Intelligent Transportation Systems A timely introduction to the revolutionary technologies reshaping the global energy market The search for more efficient and sustainable ways to meet society’s energy requirements has driven recent technological innovation on an unprecedented scale. The energy needs of a growing population coupled with concerns about climate change have posed unique challenges that necessitate novel energy technologies. The transition of modern energy grids towards multi-energy networks, or MENs, promises to be a fundamental transformation in the way we energize our world. Interconnected Modern Multi-Energy Networks and Intelligent Transportation Systems presents an overview of the foundational methodologies and technologies underlying MENs and the groundbreaking vehicle systems that bring them together. With the inclusion of transformative technologies from radically different sectors, the content covered in this book will be of high value for researchers interested in future energy systems. Readers will also find: In-depth examination of the process of switching from conventional transportation systems to modern intelligent transportation ones Detailed discussions of topics including self-driving vehicles, hybrid energy technologies, grid-edge, and more The introduction of a holistic, reconfigurable system adaptable to vastly different conditions and forms of network interaction Interconnected Modern Multi-Energy Networks and Intelligent Transportation Systems is useful for researchers in electrical, mechanical, civil, architectural, or environmental engineering, as well as for telecommunications researchers and for any industry professionals with an interest in energy transportation.

Technologies for Integrated Energy Systems and Networks

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Publisher : John Wiley & Sons
ISBN 13 : 3527348999
Total Pages : 340 pages
Book Rating : 4.5/5 (273 download)

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Book Synopsis Technologies for Integrated Energy Systems and Networks by : Giorgio Graditi

Download or read book Technologies for Integrated Energy Systems and Networks written by Giorgio Graditi and published by John Wiley & Sons. This book was released on 2022-04-04 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technologies for Integrated Energy Systems and Networks Explore emerging technologies that will play a central role in humanity’s transition to a low-carbon future In Technologies for Integrated Energy Systems and Networks, a team of distinguished authors delivers a detailed discussion of integrated energy systems and networks, including a comprehensive overview of emerging technologies. The book focuses on the technologies and systems that play a major role in integrated energy systems, like renewable and distributed energy resources, power conversion technologies, hydrogen, storage technologies, electric mobility, zero- and positive-energy buildings, and local energy communities. A one-of-a-kind and holistic treatment of integrated energy systems, this book explores power conversion, including power-to-gas, power-to-liquid, and power- to-heat technologies, as well as other issues of interest to a broad range of students, professionals, and academicians involved in energy transition. It also covers: A thorough introduction to the digitalization of the energy sector and local market development enabling citizen involvement Comprehensive explorations of integrated energy systems as an engine of energy transition Practical discussions of renewable and distributed energy resources for sustainable economic development In-depth examinations of the role of hydrogen in a low-carbon energy future and the storage technologies of different energy carriers Perfect for electrical, construction, power and energy engineers, Technologies for Integrated Energy Systems and Networks will also earn a place in the libraries of electrochemists and environmental consultants.

Operation of Distributed Energy Resources in Smart Distribution Networks

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Publisher : Academic Press
ISBN 13 : 0128148926
Total Pages : 424 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Operation of Distributed Energy Resources in Smart Distribution Networks by : Kazem Zare

Download or read book Operation of Distributed Energy Resources in Smart Distribution Networks written by Kazem Zare and published by Academic Press. This book was released on 2018-06-05 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Operation of Distributed Energy Resources in Smart Distribution Networks defines the barriers and challenges of smart distribution networks, ultimately proposing optimal solutions for addressing them. The book considers their use as an important part of future electrical power systems and their ability to improve the local flexibility and reliability of electrical systems. It carefully defines the concept as a radial network with a cluster of distributed energy generations, various types of loads, and energy storage systems. In addition, the book details how the huge penetration of distributed energy resources and the intermittent nature of renewable generations may cause system problems. Readers will find this to be an important resource that analyzes and introduces the features and problems of smart distribution networks from different aspects. - Integrates different types of elements, including electrical vehicles, demand response programs, and various renewable energy sources in distribution networks - Proposes optimal operational models for the short-term performance and scheduling of a distribution network - Discusses the uncertainties of renewable resources and intermittent load in the decision-making process for distribution networks

eIoT

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Author :
Publisher : Springer
ISBN 13 : 3030104273
Total Pages : 160 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis eIoT by : Steffi O. Muhanji

Download or read book eIoT written by Steffi O. Muhanji and published by Springer. This book was released on 2019-02-20 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book explores the collision between the sustainable energy transition and the Internet of Things (IoT). In that regard, this book’s arrival is timely. Not only is the Internet of Things for energy applications, herein called the energy Internet of Things (eIoT), rapidly developing but also the transition towards sustainable energy to abate global climate is very much at the forefront of public discourse. It is within the context of these two dynamic thrusts, digitization and global climate change, that the energy industry sees itself undergoing significant change in how it is operated and managed. This book recognizes that they impose five fundamental energy management change drivers: 1.) the growing demand for electricity, 2.) the emergence of renewable energy resources, 3.) the emergence of electrified transportation, 4.) the deregulation of electric power markets, 5.) and innovations in smart grid technology. Together, they challenge many of the assumptions upon which the electric grid was first built. The goal of this book is to provide a single integrated picture of how eIoT can come to transform our energy infrastructure. This book links the energy management change drivers mentioned above to the need for a technical energy management solution. It, then, describes how eIoT meets many of the criteria required for such a technical solution. In that regard, the book stresses the ability of eIoT to add sensing, decision-making, and actuation capabilities to millions or perhaps even billions of interacting “smart" devices. With such a large scale transformation composed of so many independent actions, the book also organizes the discussion into a single multi-layer energy management control loop structure. Consequently, much attention is given to not just network-enabled physical devices but also communication networks, distributed control & decision making, and finally technical architectures and standards. Having gone into the detail of these many simultaneously developing technologies, the book returns to how these technologies when integrated form new applications for transactive energy. In that regard, it highlights several eIoT-enabled energy management use cases that fundamentally change the relationship between end users, utilities, and grid operators. Consequently, the book discusses some of the emerging applications for utilities, industry, commerce, and residences. The book concludes that these eIoT applications will transform today’s grid into one that is much more responsive, dynamic, adaptive and flexible. It also concludes that this transformation will bring about new challenges and opportunities for the cyber-physical-economic performance of the grid and the business models of its increasingly growing number of participants and stakeholders.

Emerging Networks of Power

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Author :
Publisher :
ISBN 13 : 9789179053970
Total Pages : pages
Book Rating : 4.0/5 (539 download)

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Book Synopsis Emerging Networks of Power by :

Download or read book Emerging Networks of Power written by and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Green Hydrogen in Power Systems

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Author :
Publisher : Springer Nature
ISBN 13 : 3031524292
Total Pages : 363 pages
Book Rating : 4.0/5 (315 download)

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Book Synopsis Green Hydrogen in Power Systems by : Vahid Vahidinasab

Download or read book Green Hydrogen in Power Systems written by Vahid Vahidinasab and published by Springer Nature. This book was released on with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Emerging and Advanced Green Energy Technologies for Sustainable and Resilient Future Grid

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Author :
Publisher :
ISBN 13 : 9783036557700
Total Pages : 0 pages
Book Rating : 4.5/5 (577 download)

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Book Synopsis Emerging and Advanced Green Energy Technologies for Sustainable and Resilient Future Grid by : Surender Reddy Salkuti

Download or read book Emerging and Advanced Green Energy Technologies for Sustainable and Resilient Future Grid written by Surender Reddy Salkuti and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This reprint presents various aspects of the future grid, which is the next generation of the electrical grid and will enable the smart integration of conventional, renewable, and distributed power generation, energy storage, transmission and distribution, and demand management. Renewable energy is crucial in transitioning to a less carbon-intensive economy and a more sustainable energy system. The high penetration and uncertain power outputs of renewable energy pose great challenges to the stable operation of energy systems. The deployment of the smart grid is revolutionary, and also imperative around the world. It involves and deals with multidisciplinary fields such as energy sources, control systems, communications, computational generation, transmission, distribution, customer operations, markets, and service providers. Smart grids are emerging in both developed and developing countries, with the aim of achieving a reliable and secure electricity supply. Smart grids will eventually require standards, policy, and a regulatory framework for successful implementation. This reprint addresses the emerging and advanced green energy technologies for a sustainable and resilient future grid, and provides a platform to enhance interdisciplinary research and share the most recent ideas.

Demand-Side Peer-to-Peer Energy Trading

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Author :
Publisher : Springer Nature
ISBN 13 : 3031352335
Total Pages : 222 pages
Book Rating : 4.0/5 (313 download)

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Book Synopsis Demand-Side Peer-to-Peer Energy Trading by : Vahid Vahidinasab

Download or read book Demand-Side Peer-to-Peer Energy Trading written by Vahid Vahidinasab and published by Springer Nature. This book was released on 2023-08-01 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: ​Demand-Side Peer-to-Peer Energy Trading provides a comprehensive study of the latest developments in technology, protocols, implementation, and application of peer-to-peer and transactive energy concepts in energy systems and their role in worldwide energy evolution and decarbonization efforts. It presents practical aspects and approaches with evidence from applications to real-world energy systems through in-depth technical discussions, use cases, and examples. This multidisciplinary reference is suitable for researchers and industry stakeholders who focus on the field of energy systems and energy economics, as well as researchers and developers from different branches of engineering, energy, computer sciences, data, economic, and operation research fields.

Hybrid Systems and Multi-energy Networks for the Future Energy Internet

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Publisher : Academic Press
ISBN 13 : 0128191856
Total Pages : 248 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Hybrid Systems and Multi-energy Networks for the Future Energy Internet by : Yu Luo

Download or read book Hybrid Systems and Multi-energy Networks for the Future Energy Internet written by Yu Luo and published by Academic Press. This book was released on 2020-08-28 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hybrid Systems and Multi-energy Networks for the Future Energy Internet provides the general concepts of hybrid systems and multi-energy networks, focusing on the integration of energy systems and the application of information technology for energy internet. The book gives a comprehensive presentation on the optimization of hybrid multi-energy systems, integrating renewable energy and fossil fuels. It presents case studies to support theoretical background, giving interdisciplinary prospects for the energy internet concept in power and energy. Covered topics make this book relevant to researchers and engineers in the energy field, engineers and researchers of renewable hybrid energy solutions, and upper level students. Focuses on the emerging technologies and current challenges of integrating multiple technologies for distributed energy internet Addresses current challenges of multi-energy networks and case studies supporting theoretical background Includes a transformative understanding of future concepts and R&D directions on the concept of the energy internet

Energy Conversion

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Publisher : BoD – Books on Demand
ISBN 13 : 1789849047
Total Pages : 158 pages
Book Rating : 4.7/5 (898 download)

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Book Synopsis Energy Conversion by : Ibrahim H. Al-Bahadly

Download or read book Energy Conversion written by Ibrahim H. Al-Bahadly and published by BoD – Books on Demand. This book was released on 2019-01-16 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy conversion technology has always been a main focus for researchers in order to meet the increasing demand as well as securing a clean, consistent and reliable energy supply. The constantly rising fuel price is another good reason to develop alternative systems such as wind turbines, hydropower, photovoltaic systems and other renewable energy solutions. This book contains a collection of selected research works in the areas of electric energy generation, renewable energy sources, hybrid system, electromechanical energy conversion, electric machines, power electronic converters and inverters, energy storage, smart grid and traditional energy conversion systems. The book intends to provide academic and industry professionals working in the field of energy conversion and related applications with an update in energy conversion technology, particularly from the applied perspective.

Collected Papers. Volume XIII

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Author :
Publisher : Infinite Study
ISBN 13 :
Total Pages : 999 pages
Book Rating : 4./5 ( download)

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Book Synopsis Collected Papers. Volume XIII by : Florentin Smarandache

Download or read book Collected Papers. Volume XIII written by Florentin Smarandache and published by Infinite Study. This book was released on 2022-09-15 with total page 999 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thirteenth volume of Collected Papers is an eclectic tome of 88 papers in various fields of sciences, such as astronomy, biology, calculus, economics, education and administration, game theory, geometry, graph theory, information fusion, decision making, instantaneous physics, quantum physics, neutrosophic logic and set, non-Euclidean geometry, number theory, paradoxes, philosophy of science, scientific research methods, statistics, and others, structured in 17 chapters (Neutrosophic Theory and Applications; Neutrosophic Algebra; Fuzzy Soft Sets; Neutrosophic Sets; Hypersoft Sets; Neutrosophic Semigroups; Neutrosophic Graphs; Superhypergraphs; Plithogeny; Information Fusion; Statistics; Decision Making; Extenics; Instantaneous Physics; Paradoxism; Mathematica; Miscellanea), comprising 965 pages, published between 2005-2022 in different scientific journals, by the author alone or in collaboration with the following 110 co-authors (alphabetically ordered) from 26 countries: Abduallah Gamal, Sania Afzal, Firoz Ahmad, Muhammad Akram, Sheriful Alam, Ali Hamza, Ali H. M. Al-Obaidi, Madeleine Al-Tahan, Assia Bakali, Atiqe Ur Rahman, Sukanto Bhattacharya, Bilal Hadjadji, Robert N. Boyd, Willem K.M. Brauers, Umit Cali, Youcef Chibani, Victor Christianto, Chunxin Bo, Shyamal Dalapati, Mario Dalcín, Arup Kumar Das, Elham Davneshvar, Bijan Davvaz, Irfan Deli, Muhammet Deveci, Mamouni Dhar, R. Dhavaseelan, Balasubramanian Elavarasan, Sara Farooq, Haipeng Wang, Ugur Halden, Le Hoang Son, Hongnian Yu, Qays Hatem Imran, Mayas Ismail, Saeid Jafari, Jun Ye, Ilanthenral Kandasamy, W.B. Vasantha Kandasamy, Darjan Karabašević, Abdullah Kargın, Vasilios N. Katsikis, Nour Eldeen M. Khalifa, Madad Khan, M. Khoshnevisan, Tapan Kumar Roy, Pinaki Majumdar, Sreepurna Malakar, Masoud Ghods, Minghao Hu, Mingming Chen, Mohamed Abdel-Basset, Mohamed Talea, Mohammad Hamidi, Mohamed Loey, Mihnea Alexandru Moisescu, Muhammad Ihsan, Muhammad Saeed, Muhammad Shabir, Mumtaz Ali, Muzzamal Sitara, Nassim Abbas, Munazza Naz, Giorgio Nordo, Mani Parimala, Ion Pătrașcu, Gabrijela Popović, K. Porselvi, Surapati Pramanik, D. Preethi, Qiang Guo, Riad K. Al-Hamido, Zahra Rostami, Said Broumi, Saima Anis, Muzafer Saračević, Ganeshsree Selvachandran, Selvaraj Ganesan, Shammya Shananda Saha, Marayanagaraj Shanmugapriya, Songtao Shao, Sori Tjandrah Simbolon, Florentin Smarandache, Predrag S. Stanimirović, Dragiša Stanujkić, Raman Sundareswaran, Mehmet Șahin, Ovidiu-Ilie Șandru, Abdulkadir Șengür, Mohamed Talea, Ferhat Taș, Selçuk Topal, Alptekin Ulutaș, Ramalingam Udhayakumar, Yunita Umniyati, J. Vimala, Luige Vlădăreanu, Ştefan Vlăduţescu, Yaman Akbulut, Yanhui Guo, Yong Deng, You He, Young Bae Jun, Wangtao Yuan, Rong Xia, Xiaohong Zhang, Edmundas Kazimieras Zavadskas, Zayen Azzouz Omar, Xiaohong Zhang, Zhirou Ma.

Emerging Technologies for Sustainable and Smart Energy

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Author :
Publisher : CRC Press
ISBN 13 : 1000623610
Total Pages : 280 pages
Book Rating : 4.0/5 (6 download)

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Book Synopsis Emerging Technologies for Sustainable and Smart Energy by : Anirbid Sircar

Download or read book Emerging Technologies for Sustainable and Smart Energy written by Anirbid Sircar and published by CRC Press. This book was released on 2022-08-03 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considering the alarming issue of global climate change and its drastic consequences, there is an urgent need to further develop smart and innovative solutions for the energy sector. The goal of sustainable and smart energy for present and future generations can be achieved by integrating emerging technologies into the existing energy infrastructure. This book focuses on the role and significance of emerging technologies in the energy sector and covers the various technological interventions for both conventional and unconventional energy resources and provides meaningful insights into smart and sustainable energy solutions. The book also discusses future directions for smart and sustainable developments in the energy sector.

Control Applications in Modern Power Systems

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Author :
Publisher : Springer Nature
ISBN 13 : 9811901937
Total Pages : 644 pages
Book Rating : 4.8/5 (119 download)

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Book Synopsis Control Applications in Modern Power Systems by : Jitendra Kumar

Download or read book Control Applications in Modern Power Systems written by Jitendra Kumar and published by Springer Nature. This book was released on 2022-05-27 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt: The volume contains peer-reviewed proceedings of EPREC 2021 with a focus on control applications in the modern power system. The book includes original research and case studies that present recent developments in the control system, especially load frequency control, wide-area monitoring, control & instrumentation, optimization, intelligent control, energy management system, SCADA systems, etc. The book will be a valuable reference guide for beginners, researchers, and professionals interested in advancements in the control system.

IoT Enabled Multi-Energy Systems

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Author :
Publisher : Elsevier
ISBN 13 : 0323957803
Total Pages : 191 pages
Book Rating : 4.3/5 (239 download)

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Book Synopsis IoT Enabled Multi-Energy Systems by : Mohammadreza Daneshvar

Download or read book IoT Enabled Multi-Energy Systems written by Mohammadreza Daneshvar and published by Elsevier. This book was released on 2023-02-20 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: IoT-Enabled Multi-Energy Systems: From Isolated Energy Grids to Modern Interconnected Networks proposes practical solutions for the management and control of energy interactions throughout the interconnected energy infrastructures of the future multi-energy grid. The book discusses a panorama of modeling, planning and optimization considerations for IoT technologies, their applications across grid modernization, and the coordinated operation of multi-vector energy grids. The work is suitable for energy, power, mechanical, chemical, process and environmental engineers, and highly relevant for researchers and postgraduate students who work on energy systems. Sections address core theoretical underpinnings, significant challenges and opportunities, how to support IoT-based developed expert systems, and how AI can empower IoT technologies to sustainably develop fully renewable modern multi-carrier energy networks. Contributors address artificial intelligence technology and its applications in developing IoT-based technologies, cloud-based intelligent energy management schemes, data science and multi-energy big data analysis, machine learning and deep learning techniques in multi-energy systems, and much more. - Reviews core applications of IoT technologies in grid modernization of multi-energy networks - Develops practical solutions for optimal integration of renewable energy resources in modern multi-vector energy networks - Analyzes the reliable integration, sustainable operation and accurate planning of multi-carrier energy grids in highly penetrated stochastic energy resources

Future of Utilities - Utilities of the Future

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Author :
Publisher : Academic Press
ISBN 13 : 0128043202
Total Pages : 494 pages
Book Rating : 4.1/5 (28 download)

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Book Synopsis Future of Utilities - Utilities of the Future by : Fereidoon Sioshansi

Download or read book Future of Utilities - Utilities of the Future written by Fereidoon Sioshansi and published by Academic Press. This book was released on 2016-03-15 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: Future of Utilities - Utilities of the Future: How technological innovations in distributed generation will reshape the electric power sector relates the latest information on the electric power sector its rapid transformation, particularly on the distribution network and customer side. Trends like the rapid rise of self-generation and distributed generation, microgrids, demand response, the dissemination of electric vehicles and zero-net energy buildings that promise to turn many consumers into prosumers are discussed. The book brings together authors from industry and academic backgrounds to present their original, cutting-edge and thought-provoking ideas on the challenges currently faced by electric utilities around the globe, the opportunities they present, and what the future might hold for both traditional players and new entrants to the sector. The book's first part lays out the present scenario, with concepts such as an integrated grid, microgrids, self-generation, customer-centric service, and pricing, while the second part focuses on how innovation, policy, regulation, and pricing models may come together to form a new electrical sector, exploring the reconfiguring of the current institutions, new rates design in light of changes to retail electricity markets and energy efficiency, and the cost and benefits of integration of distributed or intermittent generation, including coupling local renewable energy generation with electric vehicle fleets. The final section projects the future function and role of existing electrical utilities and newcomers to this sector, looking at new pathways for business and pricing models, consumer relations, technology, and innovation. - Contains discussions that help readers understand the underlying causes and drivers of change in the electrical sector, and what these changes mean in financial, operational, and regulatory terms - Provides thought-provoking ideas on the challenges currently faced by electric utilities around the globe, the opportunities they present, and what the future might hold for both traditional players and new entrants to the sector - Helps readers anticipate what developments are likely to define the function and role of the utility of the future