Ensemble Forecasting Applied To Power Systems

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Ensemble Forecasting Applied to Power Systems

Author : Antonio Bracale
Publisher : MDPI
ISBN 13 : 303928312X
Total Pages : 134 pages
Book Rating : 4.0/5 (392 download)

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Book Synopsis Ensemble Forecasting Applied to Power Systems by : Antonio Bracale

Download or read book Ensemble Forecasting Applied to Power Systems written by Antonio Bracale and published by MDPI. This book was released on 2020-03-10 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern power systems are affected by many sources of uncertainty, driven by the spread of renewable generation, by the development of liberalized energy market systems and by the intrinsic random behavior of the final energy customers. Forecasting is, therefore, a crucial task in planning and managing modern power systems at any level: from transmission to distribution networks, and in also the new context of smart grids. Recent trends suggest the suitability of ensemble approaches in order to increase the versatility and robustness of forecasting systems. Stacking, boosting, and bagging techniques have recently started to attract the interest of power system practitioners. This book addresses the development of new, advanced, ensemble forecasting methods applied to power systems, collecting recent contributions to the development of accurate forecasts of energy-related variables by some of the most qualified experts in energy forecasting. Typical areas of research (renewable energy forecasting, load forecasting, energy price forecasting) are investigated, with relevant applications to the use of forecasts in energy management systems.

Ensemble Forecasting Applied to Power Systems

Author : Antonio Bracale
Publisher :
ISBN 13 : 9783039283132
Total Pages : 134 pages
Book Rating : 4.2/5 (831 download)

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Book Synopsis Ensemble Forecasting Applied to Power Systems by : Antonio Bracale

Download or read book Ensemble Forecasting Applied to Power Systems written by Antonio Bracale and published by . This book was released on 2020 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern power systems are affected by many sources of uncertainty, driven by the spread of renewable generation, by the development of liberalized energy market systems and by the intrinsic random behavior of the final energy customers. Forecasting is, therefore, a crucial task in planning and managing modern power systems at any level: from transmission to distribution networks, and in also the new context of smart grids. Recent trends suggest the suitability of ensemble approaches in order to increase the versatility and robustness of forecasting systems. Stacking, boosting, and bagging techniques have recently started to attract the interest of power system practitioners. This book addresses the development of new, advanced, ensemble forecasting methods applied to power systems, collecting recent contributions to the development of accurate forecasts of energy-related variables by some of the most qualified experts in energy forecasting. Typical areas of research (renewable energy forecasting, load forecasting, energy price forecasting) are investigated, with relevant applications to the use of forecasts in energy management systems.

Statistical Postprocessing of Ensemble Forecasts

Author : Stéphane Vannitsem
Publisher : Elsevier
ISBN 13 : 012812248X
Total Pages : 362 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Statistical Postprocessing of Ensemble Forecasts by : Stéphane Vannitsem

Download or read book Statistical Postprocessing of Ensemble Forecasts written by Stéphane Vannitsem and published by Elsevier. This book was released on 2018-05-17 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statistical Postprocessing of Ensemble Forecasts brings together chapters contributed by international subject-matter experts describing the current state of the art in the statistical postprocessing of ensemble forecasts. The book illustrates the use of these methods in several important applications including weather, hydrological and climate forecasts, and renewable energy forecasting. After an introductory section on ensemble forecasts and prediction systems, the second section of the book is devoted to exposition of the methods available for statistical postprocessing of ensemble forecasts: univariate and multivariate ensemble postprocessing are first reviewed by Wilks (Chapters 3), then Schefzik and Möller (Chapter 4), and the more specialized perspective necessary for postprocessing forecasts for extremes is presented by Friederichs, Wahl, and Buschow (Chapter 5). The second section concludes with a discussion of forecast verification methods devised specifically for evaluation of ensemble forecasts (Chapter 6 by Thorarinsdottir and Schuhen). The third section of this book is devoted to applications of ensemble postprocessing. Practical aspects of ensemble postprocessing are first detailed in Chapter 7 (Hamill), including an extended and illustrative case study. Chapters 8 (Hemri), 9 (Pinson and Messner), and 10 (Van Schaeybroeck and Vannitsem) discuss ensemble postprocessing specifically for hydrological applications, postprocessing in support of renewable energy applications, and postprocessing of long-range forecasts from months to decades. Finally, Chapter 11 (Messner) provides a guide to the ensemble-postprocessing software available in the R programming language, which should greatly help readers implement many of the ideas presented in this book. Edited by three experts with strong and complementary expertise in statistical postprocessing of ensemble forecasts, this book assesses the new and rapidly developing field of ensemble forecast postprocessing as an extension of the use of statistical corrections to traditional deterministic forecasts. Statistical Postprocessing of Ensemble Forecasts is an essential resource for researchers, operational practitioners, and students in weather, seasonal, and climate forecasting, as well as users of such forecasts in fields involving renewable energy, conventional energy, hydrology, environmental engineering, and agriculture. Consolidates, for the first time, the methodologies and applications of ensemble forecasts in one succinct place Provides real-world examples of methods used to formulate forecasts Presents the tools needed to make the best use of multiple model forecasts in a timely and efficient manner

Predictive Modelling for Energy Management and Power Systems Engineering

Author : Ravinesh Deo
Publisher : Elsevier
ISBN 13 : 012817773X
Total Pages : 553 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Predictive Modelling for Energy Management and Power Systems Engineering by : Ravinesh Deo

Download or read book Predictive Modelling for Energy Management and Power Systems Engineering written by Ravinesh Deo and published by Elsevier. This book was released on 2020-09-30 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: Predictive Modeling for Energy Management and Power Systems Engineering introduces readers to the cutting-edge use of big data and large computational infrastructures in energy demand estimation and power management systems. The book supports engineers and scientists who seek to become familiar with advanced optimization techniques for power systems designs, optimization techniques and algorithms for consumer power management, and potential applications of machine learning and artificial intelligence in this field. The book provides modeling theory in an easy-to-read format, verified with on-site models and case studies for specific geographic regions and complex consumer markets. Presents advanced optimization techniques to improve existing energy demand system Provides data-analytic models and their practical relevance in proven case studies Explores novel developments in machine-learning and artificial intelligence applied in energy management Provides modeling theory in an easy-to-read format

Integration of Large-Scale Renewable Energy into Bulk Power Systems

Author : Pengwei Du
Publisher : Springer
ISBN 13 : 3319555812
Total Pages : 337 pages
Book Rating : 4.3/5 (195 download)

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Book Synopsis Integration of Large-Scale Renewable Energy into Bulk Power Systems by : Pengwei Du

Download or read book Integration of Large-Scale Renewable Energy into Bulk Power Systems written by Pengwei Du and published by Springer. This book was released on 2017-05-06 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book outlines the challenges that increasing amounts of renewable and distributed energy represent when integrated into established electricity grid infrastructures, offering a range of potential solutions that will support engineers, grid operators, system planners, utilities, and policymakers alike in their efforts to realize the vision of moving toward greener, more secure energy portfolios. Covering all major renewable sources, from wind and solar, to waste energy and hydropower, the authors highlight case studies of successful integration scenarios to demonstrate pathways toward overcoming the complexities created by variable and distributed generation.

Wind Power Ensemble Forecasting

Author : André Gensler
Publisher : kassel university press GmbH
ISBN 13 : 3737606366
Total Pages : 216 pages
Book Rating : 4.7/5 (376 download)

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Book Synopsis Wind Power Ensemble Forecasting by : André Gensler

Download or read book Wind Power Ensemble Forecasting written by André Gensler and published by kassel university press GmbH. This book was released on 2019-01-16 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis describes performance measures and ensemble architectures for deterministic and probabilistic forecasts using the application example of wind power forecasting and proposes a novel scheme for the situation-dependent aggregation of forecasting models. For performance measures, error scores for deterministic as well as probabilistic forecasts are compared, and their characteristics are shown in detail. For the evaluation of deterministic forecasts, a categorization by basic error measure and normalization technique is introduced that simplifies the process of choosing an appropriate error measure for certain forecasting tasks. Furthermore, a scheme for the common evaluation of different forms of probabilistic forecasts is proposed. Based on the analysis of the error scores, a novel hierarchical aggregation technique for both deterministic and probabilistic forecasting models is proposed that dynamically weights individual forecasts using multiple weighting factors such as weather situation and lead time dependent weighting. In the experimental evaluation it is shown that the forecasting quality of the proposed technique is able to outperform other state of the art forecasting models and ensembles.

New Technologies for Power System Operation and Analysis

Author : Huaiguang Jiang
Publisher : Academic Press
ISBN 13 : 012820169X
Total Pages : 389 pages
Book Rating : 4.1/5 (282 download)

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Book Synopsis New Technologies for Power System Operation and Analysis by : Huaiguang Jiang

Download or read book New Technologies for Power System Operation and Analysis written by Huaiguang Jiang and published by Academic Press. This book was released on 2020-10-29 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: New Technologies for Power System Operation and Analysis considers the very latest developments in renewable energy integration and system operation, including electricity markets and wide-area monitoring systems and forecasting. Helping readers quickly grasp the essential information needed to address renewable energy integration challenges, this new book looks at basic power system mathematical models, advanced renewable integration and system optimizations from transmission and distribution system sides. Sections cover wind, solar, gas and petroleum, making this a useful reference for all engineers interested in power system operation. Includes codes in MATLAB® and Python Provides a complete analysis of all new and relevant power system technologies Covers the impact on existing power system operations at the advanced level, with detailed technical insights

Advances in Energy Systems

Author : Peter D. Lund
Publisher : John Wiley & Sons
ISBN 13 : 1119508339
Total Pages : 568 pages
Book Rating : 4.1/5 (195 download)

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Book Synopsis Advances in Energy Systems by : Peter D. Lund

Download or read book Advances in Energy Systems written by Peter D. Lund and published by John Wiley & Sons. This book was released on 2019-02-05 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to a multi-disciplinary approach that includes perspectives from noted experts in the energy and utilities fields Advances in Energy Systems offers a stellar collection of articles selected from the acclaimed journal Wiley Interdisciplinary Review: Energy and Environment. The journalcovers all aspects of energy policy, science and technology, environmental and climate change. The book covers a wide range of relevant issues related to the systemic changes for large-scale integration of renewable energy as part of the on-going energy transition. The book addresses smart energy systems technologies, flexibility measures, recent changes in the marketplace and current policies. With contributions from a list of internationally renowned experts, the book deals with the hot topic of systems integration for future energy systems and energy transition. This important resource: Contains contributions from noted experts in the field Covers a broad range of topics on the topic of renewable energy Explores the technical impacts of high shares of wind and solar power Offers a review of international smart-grid policies Includes information on wireless power transmission Presents an authoritative view of micro-grids Contains a wealth of other relevant topics Written forenergy planners, energy market professionals and technology developers, Advances in Energy Systems is an essential guide with contributions from an international panel of experts that addresses the most recent smart energy technologies.

Renewable Energy Integration for Bulk Power Systems

Author : Pengwei Du
Publisher : Springer Nature
ISBN 13 : 3031286391
Total Pages : 293 pages
Book Rating : 4.0/5 (312 download)

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Book Synopsis Renewable Energy Integration for Bulk Power Systems by : Pengwei Du

Download or read book Renewable Energy Integration for Bulk Power Systems written by Pengwei Du and published by Springer Nature. This book was released on 2023-05-12 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Renewable Energy Integration for Bulk Power Systems: ERCOT and the Texas Interconnection looks at the practices and changes introduced in the Texas electric grid to facilitate renewable energy integration. It offers an informed perspective on solutions that have been successfully demonstrated, tested, and validated by the Electric Reliability Council of Texas (ERCOT) to meet the key challenges which engineers face in integrating increased levels of renewable resources into existing electric grids while maintaining reliability. Coverage includes renewable forecasting, ancillary services, and grid and market operations. Proved methods and their particular use scenarios, including wind, solar, and other resources like batteries and demand response, are also covered. The book focuses on a real-world context that will help practicing engineers, utility providers, and researchers understand the practical considerations for developing renewable integration solutions and inspire the future development of more innovative strategies and theoretical underpinnings.

Intelligent Data Mining and Analysis in Power and Energy Systems

Author : Zita A. Vale
Publisher : John Wiley & Sons
ISBN 13 : 111983404X
Total Pages : 500 pages
Book Rating : 4.1/5 (198 download)

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Book Synopsis Intelligent Data Mining and Analysis in Power and Energy Systems by : Zita A. Vale

Download or read book Intelligent Data Mining and Analysis in Power and Energy Systems written by Zita A. Vale and published by John Wiley & Sons. This book was released on 2022-12-02 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intelligent Data Mining and Analysis in Power and Energy Systems A hands-on and current review of data mining and analysis and their applications to power and energy systems In Intelligent Data Mining and Analysis in Power and Energy Systems: Models and Applications for Smarter Efficient Power Systems, the editors assemble a team of distinguished engineers to deliver a practical and incisive review of cutting-edge information on data mining and intelligent data analysis models as they relate to power and energy systems. You’ll find accessible descriptions of state-of-the-art advances in intelligent data mining and analysis and see how they drive innovation and evolution in the development of new technologies. The book combines perspectives from authors distributed around the world with expertise gained in academia and industry. It facilitates review work and identification of critical points in the research and offers insightful commentary on likely future developments in the field. It also provides: A thorough introduction to data mining and analysis, including the foundations of data preparation and a review of various analysis models and methods In-depth explorations of clustering, classification, and forecasting Intensive discussions of machine learning applications in power and energy systems Perfect for power and energy systems designers, planners, operators, and consultants, Intelligent Data Mining and Analysis in Power and Energy Systems will also earn a place in the libraries of software developers, researchers, and students with an interest in data mining and analysis problems.

Applied Mathematics for Restructured Electric Power Systems

Author : Joe H. Chow
Publisher : Springer Science & Business Media
ISBN 13 : 0387234713
Total Pages : 345 pages
Book Rating : 4.3/5 (872 download)

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Book Synopsis Applied Mathematics for Restructured Electric Power Systems by : Joe H. Chow

Download or read book Applied Mathematics for Restructured Electric Power Systems written by Joe H. Chow and published by Springer Science & Business Media. This book was released on 2006-06-03 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applied Mathematics for Restructured Electric Power Systems: Optimization, Control, and Computational Intelligence consists of chapters based on work presented at a National Science Foundation workshop organized in November 2003. The theme of the workshop was the use of applied mathematics to solve challenging power system problems. The areas included control, optimization, and computational intelligence. In addition to the introductory chapter, this book includes 12 chapters written by renowned experts in their respected fields. Each chapter follows a three-part format: (1) a description of an important power system problem or problems, (2) the current practice and/or particular research approaches, and (3) future research directions. Collectively, the technical areas discussed are voltage and oscillatory stability, power system security margins, hierarchical and decentralized control, stability monitoring, embedded optimization, neural network control with adaptive critic architecture, control tuning using genetic algorithms, and load forecasting and component prediction. This volume is intended for power systems researchers and professionals charged with solving electric and power system problems.

Applications of Modern Heuristic Optimization Methods in Power and Energy Systems

Author : Kwang Y. Lee
Publisher : John Wiley & Sons
ISBN 13 : 1119602297
Total Pages : 896 pages
Book Rating : 4.1/5 (196 download)

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Book Synopsis Applications of Modern Heuristic Optimization Methods in Power and Energy Systems by : Kwang Y. Lee

Download or read book Applications of Modern Heuristic Optimization Methods in Power and Energy Systems written by Kwang Y. Lee and published by John Wiley & Sons. This book was released on 2020-04-14 with total page 896 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews state-of-the-art technologies in modern heuristic optimization techniques and presents case studies showing how they have been applied in complex power and energy systems problems Written by a team of international experts, this book describes the use of metaheuristic applications in the analysis and design of electric power systems. This includes a discussion of optimum energy and commitment of generation (nonrenewable & renewable) and load resources during day-to-day operations and control activities in regulated and competitive market structures, along with transmission and distribution systems. Applications of Modern Heuristic Optimization Methods in Power and Energy Systems begins with an introduction and overview of applications in power and energy systems before moving on to planning and operation, control, and distribution. Further chapters cover the integration of renewable energy and the smart grid and electricity markets. The book finishes with final conclusions drawn by the editors. Applications of Modern Heuristic Optimization Methods in Power and Energy Systems: Explains the application of differential evolution in electric power systems' active power multi-objective optimal dispatch Includes studies of optimization and stability in load frequency control in modern power systems Describes optimal compliance of reactive power requirements in near-shore wind power plants Features contributions from noted experts in the field Ideal for power and energy systems designers, planners, operators, and consultants, Applications of Modern Heuristic Optimization Methods in Power and Energy Systems will also benefit engineers, software developers, researchers, academics, and students.

Electric Power Systems

Author : João P. S. Catalão
Publisher : CRC Press
ISBN 13 : 1351832573
Total Pages : 464 pages
Book Rating : 4.3/5 (518 download)

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Book Synopsis Electric Power Systems by : João P. S. Catalão

Download or read book Electric Power Systems written by João P. S. Catalão and published by CRC Press. This book was released on 2017-12-19 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electric Power Systems: Advanced Forecasting Techniques and Optimal Generation Scheduling helps readers develop their skills in modeling, simulating, and optimizing electric power systems. Carefully balancing theory and practice, it presents novel, cutting-edge developments in forecasting and scheduling. The focus is on understanding and solving pivotal problems in the management of electric power generation systems. Methods for Coping with Uncertainty and Risk in Electric Power Generation Outlining real-world problems, the book begins with an overview of electric power generation systems. Since the ability to cope with uncertainty and risk is crucial for power generating companies, the second part of the book examines the latest methods and models for self-scheduling, load forecasting, short-term electricity price forecasting, and wind power forecasting. Toward Optimal Coordination between Hydro, Thermal, and Wind Power Using case studies, the third part of the book investigates how to achieve the most favorable use of available energy sources. Chapters in this section discuss price-based scheduling for generating companies, optimal scheduling of a hydro producer, hydro-thermal coordination, unit commitment with wind generators, and optimal optimization of multigeneration systems. Written in a pedagogical style that will appeal to graduate students, the book also expands on research results that are useful for engineers and researchers. It presents the latest techniques in increasingly important areas of power system operations and planning.

Sustainable Energy

Author : Ahmed F. Zobaa
Publisher : BoD – Books on Demand
ISBN 13 : 9535128396
Total Pages : 208 pages
Book Rating : 4.5/5 (351 download)

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Book Synopsis Sustainable Energy by : Ahmed F. Zobaa

Download or read book Sustainable Energy written by Ahmed F. Zobaa and published by BoD – Books on Demand. This book was released on 2016-12-21 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sustainable energy sources are potentially employed to substitute petrol fuels in transport engines such as buses and small vehicles. Hydrogen-enriched compressed natural gas engines are forthcoming energy carriers for the internal combustion engine, with higher thermal efficiency and less pollutant emissions. The different availability of renewables has allowed various countries to adopt the most appropriate type of renewable energy technology according to their energy source adequacy/abundance. In Taiwan, ocean energy is considered as an abundant source of renewables due to its geographical location as an island. The Taiwanese government has approved the investment to construct an MW-scale demonstration electricity plant. In this book, the Taiwanese ocean energy experience is comprehensively presented. The technical and legal analyses of ocean energy implementation are provided. The challenges that they had to overcome to optimize the utilization of the most available ocean energy potential are discussed. The sustainable transition in South Africa would be a good example for implementing rooftop solar, especially in low-income communities. Apart from the environmental benefits, sustainable energy technologies can boost the socioeconomic level of developing countries. Other advantages may be the continuous supply of energy and creation of new job opportunities. Moreover, sustainable renewable energy sources such as the wind could be employed for generating electricity to operate water purification systems in remote areas. This, in turn, would overcome the health problems associated with drinking water scarcity issues. This book is an attempt to cover the sustainable energy issues from a technical perspective. Furthermore, the sustainable energy applications and existing case studies are helpful illustrations for the broad understanding of the importance of sustainable energy.

Wind Power in Power Systems

Author : Thomas Ackermann
Publisher : John Wiley & Sons
ISBN 13 : 111994208X
Total Pages : 1132 pages
Book Rating : 4.1/5 (199 download)

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Book Synopsis Wind Power in Power Systems by : Thomas Ackermann

Download or read book Wind Power in Power Systems written by Thomas Ackermann and published by John Wiley & Sons. This book was released on 2012-04-23 with total page 1132 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of the highly acclaimed Wind Power in Power Systems has been thoroughly revised and expanded to reflect the latest challenges associated with increasing wind power penetration levels. Since its first release, practical experiences with high wind power penetration levels have significantly increased. This book presents an overview of the lessons learned in integrating wind power into power systems and provides an outlook of the relevant issues and solutions to allow even higher wind power penetration levels. This includes the development of standard wind turbine simulation models. This extensive update has 23 brand new chapters in cutting-edge areas including offshore wind farms and storage options, performance validation and certification for grid codes, and the provision of reactive power and voltage control from wind power plants. Key features: Offers an international perspective on integrating a high penetration of wind power into the power system, from basic network interconnection to industry deregulation; Outlines the methodology and results of European and North American large-scale grid integration studies; Extensive practical experience from wind power and power system experts and transmission systems operators in Germany, Denmark, Spain, UK, Ireland, USA, China and New Zealand; Presents various wind turbine designs from the electrical perspective and models for their simulation, and discusses industry standards and world-wide grid codes, along with power quality issues; Considers concepts to increase penetration of wind power in power systems, from wind turbine, power plant and power system redesign to smart grid and storage solutions. Carefully edited for a highly coherent structure, this work remains an essential reference for power system engineers, transmission and distribution network operator and planner, wind turbine designers, wind project developers and wind energy consultants dealing with the integration of wind power into the distribution or transmission network. Up-to-date and comprehensive, it is also useful for graduate students, researchers, regulation authorities, and policy makers who work in the area of wind power and need to understand the relevant power system integration issues.

Smart and Sustainable Power Systems

Author : João P. S. Catalão
Publisher : CRC Press
ISBN 13 : 1351830163
Total Pages : 347 pages
Book Rating : 4.3/5 (518 download)

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Book Synopsis Smart and Sustainable Power Systems by : João P. S. Catalão

Download or read book Smart and Sustainable Power Systems written by João P. S. Catalão and published by CRC Press. This book was released on 2017-12-19 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: The smart grid initiative, integrating advanced sensing technologies, intelligent control methods, and bi-directional communications into the contemporary electricity grid, offers excellent opportunities for energy efficiency improvements and better integration of distributed generation, coexisting with centralized generation units within an active network. A large share of the installed capacity for recent renewable energy sources already comprises insular electricity grids, since the latter are preferable due to their high potential for renewables. However, the increasing share of renewables in the power generation mix of insular power systems presents a significant challenge to efficient management of the insular distribution networks, mainly due to the variability and uncertainty of renewable generation. More than other electricity grids, insular electricity grids require the incorporation of sustainable resources and the maximization of the integration of local resources, as well as specific solutions to cope with the inherent characteristics of renewable generation. Insular power systems need a new generation of methodologies and tools to face the new paradigm of large-scale renewable integration. Smart and Sustainable Power Systems: Operations, Planning, and Economics of Insular Electricity Grids discusses the modeling, simulation, and optimization of insular power systems to address the effects of large-scale integration of renewables and demand-side management. This practical book: Describes insular power systems, renewable energies, uncertainty, variability, reserves, and demand response Examines state-of-the-art forecasting techniques, power flow calculations, and scheduling models Covers probabilistic and stochastic approaches, scenario generation, and short-term operation Includes comprehensive testing and validation of the mathematical models using real-world data Explores electric price signals, competitive operation of distribution networks, and network expansion planning Smart and Sustainable Power Systems: Operations, Planning, and Economics of Insular Electricity Grids provides a valuable resource for the design of efficient methodologies, tools, and solutions for the development of a truly sustainable and smart grid.

Valuing Wind Generation on Integrated Power Systems

Author : Ken Dragoon
Publisher : William Andrew
ISBN 13 : 1437778534
Total Pages : 242 pages
Book Rating : 4.4/5 (377 download)

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Book Synopsis Valuing Wind Generation on Integrated Power Systems by : Ken Dragoon

Download or read book Valuing Wind Generation on Integrated Power Systems written by Ken Dragoon and published by William Andrew. This book was released on 2010-09-28 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wind powered generation is the fastest growing energy source in the United States due to a combination of economic incentives, public preference for renewable energy as expressed in government policies, competitive costs, and the need to address global warming. The economic consequences of the relative variability and lower predictability of wind generation are not easily captured in standard economic analyses performed by utility planners. This book provides utility analysts and regulators a guide to analyzing the value of wind generation in the context of modern power systems.Guiding the reader through the steps to understanding and valuing wind generation on modern power systems, this book approaches the issue from the various, current perspectives in the US. These include utilities that are still primarily vertically integrated power providers and systems dominated by independent system operators (ISOs). Outlined here are the basic procedures in a wind valuation study, described with enough detail so that analysts spanning a range of resources and sophistication can reasonably undertake a competent study. Descriptions of studies performed by other utilities are also provided, explaining their specific approaches to the fundamentals. Finally, it includes a short section on power systems that utilize relatively large fractions of wind, and how operating procedures and valuing techniques may need alteration to accommodate them.• Reviews operating challenges that large amounts of wind power present to power systems operators • Outlines alternative approaches to quantifying the systems services necessary to accommodate the wind • Explains how economic analyses of wind generation are competently performed • Describes how to represent wind generation in computer models commonly used by electric utility planners that may not be specifically designed to incorporate wind generation • Reviews methods used by some select utility companies around the United States • Touches on key European issues involving relatively high levels of wind generation • Written at the level of the utility planner, assuming a basic understanding of economic dispatch of generators and elementary statistics Outlines the role of wind forecasting in wind valuation studies Evaluates the importance of estimating wind generation to meet peak demand Researches how the market structure effects the value of wind energy Discusses power systems that utilize relatively large fractions of wind power Highlights the operating procedures that can enhance the value of wind generation