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Integrating Variable Renewable Energy In Electric Power Markets Best Practices From International Experience Summary For Policymakers
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Book Synopsis Integrating Variable Renewable Energy in Electric Power Markets: Best Practices from International Experience, Summary for Policymakers by :
Download or read book Integrating Variable Renewable Energy in Electric Power Markets: Best Practices from International Experience, Summary for Policymakers written by and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many countries -- reflecting very different geographies, markets, and power systems -- are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This document summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolvewith increasing penetrations of variable renewable energy. There is no one-size-fits-all approach; each country studied has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce aroundfive strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. This study also emphatically underscores the value of countries sharing their experiences. The more diverseand robust the experience base from which a country can draw, the more likely that it will be able to implement an appropriate, optimized, and system-wide approach.
Book Synopsis Integrating Variable Renewable Energy in Electric Power Markets by :
Download or read book Integrating Variable Renewable Energy in Electric Power Markets written by and published by . This book was released on 2012 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Integrating Variable Renewable Energy in Electricity Markets by : Sophia B. Taylor
Download or read book Integrating Variable Renewable Energy in Electricity Markets written by Sophia B. Taylor and published by Nova Science Publishers. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many countries, reflecting very different geographies, markets, and power systems, are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This book documents the diverse approaches to effective integration of variable renewable energy among six countries: Australia (South Australia), Denmark, Germany, Ireland, Spain, and the United States (Colorado and Texas), and summarises policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively co-evolve with increasing penetrations of variable renewable energy. There is no one-size fits all approach; each country has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches all coalesce around five strategic areas: lead public engagement, particularly for new transmission; co-ordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. This book also underscores the value of countries sharing their experiences. The more diverse and robust the experience base from which a country can draw, the more likely that it will be able to implement an appropriate, optimised, and system-wide approach.
Book Synopsis Integrating Variable Renewable Energy in Elecric Power Markets by :
Download or read book Integrating Variable Renewable Energy in Elecric Power Markets written by and published by . This book was released on 2012 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many countries -- reflecting very different geographies, markets, and power systems -- are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This document summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolve with increasing penetrations of variable renewable energy. There is no one-size-fits-all approach; each country studied has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce around five strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. This study also emphatically underscores the value of countries sharing their experiences. The more diverse and robust the experience base from which a country can draw, the more likely that it will be able to implement an appropriate, optimized, and system-wide approach.
Book Synopsis Energy Policy Modeling in the 21st Century by : Hassan Qudrat-Ullah
Download or read book Energy Policy Modeling in the 21st Century written by Hassan Qudrat-Ullah and published by Springer. This book was released on 2013-10-04 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: The roles and applications of various modeling approaches, aimed at improving the usefulness of energy policy models in public decision making, are covered by this book. The development, validation, and applications of system dynamics and agent-based models in service of energy policy design and assessment in the 21st century is a key focus. A number of modeling approaches and models for energy policy, with a particular focus on low-carbon economic development of regions and states are covered. Chapters on system dynamics methodology, model-based theory, fuzzy system dynamics frame-work, and optimization modeling approach are presented, along with several chapters on future research opportunities for the energy policy modeling community. The use of model-based analysis and scenarios in energy policy design and assessment has seen phenomenal growth during the past several decades. In recent years, renewed concerns about climate change and energy security have posed unique modeling challenges. By utilizing the validation techniques and procedures which are effectively demonstrated in these contributions, researchers and practitioners in energy systems domain can increase the appeal and acceptance of their policy models.
Book Synopsis Hybrid Energy Systems by : Yatish T. Shah
Download or read book Hybrid Energy Systems written by Yatish T. Shah and published by CRC Press. This book was released on 2021-04-05 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hybrid Energy Systems: Strategy for Industrial Decarbonization demonstrates how hybrid energy and processes can decarbonize energy industry needs for power and heating and cooling. It describes the role of hybrid energy and processes in nine major industry sectors and discusses how hybrid energy can offer sustainable solutions in each. Introduces the basics and examples of hybrid energy systems Examines hybrid energy and processes in coal, oil and gas, nuclear, building, vehicle, manufacturing and industrial processes, computing and portable electronic, district heating and cooling, and water sectors Shows that hybrid processes can improve efficiency and that hybrid energy can effectively insert renewable fuels in the energy industry Serves as a companion text to the author’s book Hybrid Power: Generation, Storage, and Grids Written for advanced students, researchers, and industry professionals involved in energy-related processes and plants, this book offers latest research and practical strategies for application of the innovative field of hybrid energy.
Book Synopsis Integrating Variable Renewable Energy in Electric Power Markets by :
Download or read book Integrating Variable Renewable Energy in Electric Power Markets written by and published by . This book was released on 2014 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many countries--reflecting very different geographies, markets, and power systems--are successfully managing high levels of variable renewable energy (RE) on the grid. Australia (South Australia), Denmark, Germany, Ireland, Spain, and the United States (Colorado and Texas), for example, have effectively integrated variable RE utilizing diverse approaches. Analysis of the results from these case studies reveals a wide range of mechanisms that can be used to accommodate high penetrations of variable RE (e.g., from new market designs to centralized planning). Nevertheless, the myriad approaches collectively suggest that governments can best enable variable RE grid integration by implementing best practices in five areas of intervention: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations.
Book Synopsis Variable Renewable Energy and the Electricity Grid by : Jay Apt
Download or read book Variable Renewable Energy and the Electricity Grid written by Jay Apt and published by Routledge. This book was released on 2014-06-13 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: The integration of renewable energy resources into the electricity grid presents an important challenge. This book provides a review and analysis of the technical and policy options available for managing variable energy resources such as wind and solar power. As well as being of value to government and industry policy-makers and planners, the volume also provides a single source for scientists and engineers of the technical knowledge gained during the 4-year RenewElec (renewable electricity) project at Carnegie Mellon University, the University of Vermont, Vermont Law School, and the Van Ness Feldman environmental law firm. The first part of the book discusses the options for large scale integration of variable electric power generation, including issues of predictability, variability, and efficiency. The second part presents the scientific findings of the project. In the final part, the authors undertake a critical review of major quantitative regional and national wind integration studies in the United States. Based on comparisons among these studies, they suggest areas where improvements in methods are warranted in future studies, areas where additional research is needed to facilitate future improvements in wind integration studies and how the research can be put into practice.
Book Synopsis Operating and Planning Electricity Grids with Variable Renewable Generation by : Marcelino Madrigal
Download or read book Operating and Planning Electricity Grids with Variable Renewable Generation written by Marcelino Madrigal and published by World Bank Publications. This book was released on 2013-02-27 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper ‘Challenges and Approaches to Electricity Grids Operations and Planning with Increased Amounts of Variable Renewable Generation: Emerging Lessons from Selected Operational Experiences and Desktop Studies’ focuses on analyzing the impacts of variable renewable energy on the operation and planning of the the power system (mostly, generation system). It is aimed at informing stakeholders in power utilities, regulatory bodies and other relevant audiences, on the fundamentals of technical challenges and approaches to operate electricity grids with renewable energy. It covers renewable energy as a whole, but in particular, focusses on wind and solar energy. It also presents three case studies of countries, including China, Gemany and Spain. The total worldwide installed capacity of wind and solar projects is growing rapidly, and several countries are noticing increased penetrations of wind and solar in their electricity generation mix. In addition to operating experience being gained from adding wind and solar capacity, several grid integration studies have been performed that assess potential grid and operating impacts from adding higher amounts of wind and solar capacity. Perhaps just as important, the electric power industry and those that conduct research on grid integration have not found a maximum level of variable generation that can be reliably incorporated, and it is clear that it is as much an economic question (how much cost in additional reserves or grid impacts is acceptable) as a technical question regarding grid operators’ ability to adapt to the new challenges. In addition, while their contributions to capacity or “firm” power and associated costs are different from those of conventional power sources, variable renewable generation technologies can contribute to long-term system adequacy and security. The paper describes on the contribution of variable power sources to long-term supply adequacy requirements, i.e. how much sources like wind and solar power contribute to “firm supply” in a system. It also describes methods to find out to what extent they contribute and at what cost. It also aims at providing indicative answers to how costs to system operations be determined and when and how an integration study be done to estimate the short-term reserve costs of renewable energy. The concepts in the paper should be of interest, especially to grid planers. For grid operators, the paper summarizes a menu of strategies that the operational practices and desktop research tell about managing wind in a system at different levels of penetration. It also elucidates available strategies, amongst other crucial questions of operational impacts and challenges that operators need to be aware of, to integrate variable generation.
Book Synopsis District Energy System Design by : Christian Inard
Download or read book District Energy System Design written by Christian Inard and published by MDPI. This book was released on 2020-12-29 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The articles presented in this Special Issue cover different aspects of the urban planning process, such as simulation, optimization or decision-making. The authors highlighted the importance of performing an integrated design of the district, considering different sectors, different energy vectors and different operation modes. In order to better integrate renewable and residual energy sources (R²ES), careful design of systems and storage solutions should be performed. Different storage solutions were tested, ranging from large-scale thermal energy storage to vehicle batteries or the thermal mass of buildings. Van der Heijde et al. (2019) proposed a two-layer design optimization algorithm to design a district heating network with solar thermal collectors, seasonal thermal energy storage and excess heat injection. Pajot et al. (2019) also performed an optimization of the sizing and control of energy systems in a district equipped with heat pumps, with thermal energy storage or thermal mass utilization. A hybrid distribution system, coupling the thermal and electrical networks, was proposed by Widl et al. (2019). Arnaudo et al. (2019) used the vehicle-to-grid (V2G) concept to decrease the overloading of the electrical distribution network during heat pump operation. Finally, Kazmi et al. (2019) proposed an integrated decision-making planning approach for a better integration of R²ES in the distribution network. The complexity of urban planning leads to the development of new tools and methodologies. Until now, operation was poorly integrated in the design phase. New urban building energy modeling tools were proposed by the different authors. These tools are either based on co-simulations or integrated solutions to be able to capture the fine dynamics of a district. The difficulty of generating the input data for the models was also discussed. Regarding the methodology, most articles proposed a two-stage optimization procedure to optimize both the operational and design aspects. Mixed-integer linear programming (MILP) and genetic algorithms were often used to find optimal solutions.
Book Synopsis Harnessing Renewable Energy in Electric Power Systems by : Boaz Moselle
Download or read book Harnessing Renewable Energy in Electric Power Systems written by Boaz Moselle and published by Routledge. This book was released on 2010-09-23 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reflecting its reliance on fossil fuels, the electric power industry produces the majority of the world's greenhouse gas emissions. The need for a revolution in the industry becomes further apparent given that 'decarbonization' means an increasing electrification of other sectors of the economy in particular, through a switch from gasoline to electric vehicles. Of the options for producing electric power without significant greenhouse gas emissions, renewable energy is most attractive to policymakers, as it promises increased national self-reliance on energy supplies and the creation of new industries and jobs, without the safety and political concerns of nuclear power or the unproven technology of carbon capture and storage. Drawing on both economic theory and the experiences of the United States and EU member states, Harnessing Renewable Energy addresses the key questions surrounding renewable energy policies. How appropriate is the focus on renewable power as a primary tool for reducing greenhouse gas emissions? If renewable energy is given specific support, what form should that support take? What are the implications for power markets if renewable generation is widely adopted? Thorough and well-evidenced, this book will be of interest to a broad range of policymakers, the electric power industry, and economists who study energy and environmental issues.
Book Synopsis Variable Generation, Flexible Demand by : Fereidoon Sioshansi
Download or read book Variable Generation, Flexible Demand written by Fereidoon Sioshansi and published by Academic Press. This book was released on 2020-11-15 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: Variable Generation, Flexible Demand looks at a future in which power system researchers, operators and analysts need to predict variable renewable generation and schedule demand to match it. Contributors survey the significant expansion in the role of flexible demand in balancing supply and demand in conjunction with flexible generation in ‘peaking plants’ and energy storage as the proportion of variable renewable generation rises in many systems across the world. Supported with case studies, the book examines practical ways that demand flexibility can play a constructive role as more systems move towards higher levels of renewable generation in their electricity mix. Examines practical ways that demand flexibility can play a constructive role in future energy systems Reviews the vital role of market design, business models, enabling technologies, policies and regulation in implementation of flexible demand Includes detailed case studies that address the role of flexible demand across transitioning power markets
Book Synopsis Renewable Energy Integration by : Lawrence E. Jones
Download or read book Renewable Energy Integration written by Lawrence E. Jones and published by Academic Press. This book was released on 2014-06-12 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: Renewable Energy Integration is a ground-breaking new resource - the first to offer a distilled examination of the intricacies of integrating renewables into the power grid and electricity markets. It offers informed perspectives from internationally renowned experts on the challenges to be met and solutions based on demonstrated best practices developed by operators around the world. The book's focus on practical implementation of strategies provides real-world context for theoretical underpinnings and the development of supporting policy frameworks. The book considers a myriad of wind, solar, wave and tidal integration issues, thus ensuring that grid operators with low or high penetration of renewable generation can leverage the victories achieved by their peers. Renewable Energy Integration highlights, carefully explains, and illustrates the benefits of advanced technologies and systems for coping with variability, uncertainty, and flexibility. Lays out the key issues around the integration of renewables into power grids and markets, from the intricacies of operational and planning considerations, to supporting regulatory and policy frameworks Provides global case studies that highlight the challenges of renewables integration and present field-tested solutions Illustrates enabling and disruptive technologies to support the management of variability, uncertainty and flexibility
Author :Intergovernmental Panel on Climate Change Publisher :Cambridge University Press ISBN 13 :1316395375 Total Pages :1458 pages Book Rating :4.3/5 (163 download)
Book Synopsis Climate Change 2014: Mitigation of Climate Change by : Intergovernmental Panel on Climate Change
Download or read book Climate Change 2014: Mitigation of Climate Change written by Intergovernmental Panel on Climate Change and published by Cambridge University Press. This book was released on 2015-01-26 with total page 1458 pages. Available in PDF, EPUB and Kindle. Book excerpt: This latest Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) will again form the standard reference for all those concerned with climate change and its consequences, including students, researchers and policy makers in environmental science, meteorology, climatology, biology, ecology, atmospheric chemistry and environmental policy.
Author :Organisation for Economic Co-operation and Development Publisher :Organization for Economic Co-Operation & Developme ISBN 13 : Total Pages :234 pages Book Rating :4.:/5 (319 download)
Book Synopsis Harnessing Variable Renewables by : Organisation for Economic Co-operation and Development
Download or read book Harnessing Variable Renewables written by Organisation for Economic Co-operation and Development and published by Organization for Economic Co-Operation & Developme. This book was released on 2011 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Power systems must be actively managed to maintain a steady balance between supply and demand. This is already a complex task as demand varies continually. But what happens when supply becomes more variable and less certain, as with some renewable sources of electricity like wind and solar PV that fluctuate with the weather? to what extent can the resources that help power systems cope with the challenge of variability in demand also be applied to variability of supply? How large are these resources? and what share of electricity supply from variable renewables can they make possible? There is no one-size-fits-all answer. the ways electricity is produced, transported and consumed around the world exhibit great diversity. Grids can cross borders, requiring co-ordinated international policy, or can be distinct within a single country or region. and whether found in dispatchable power plants, storage facilities, interconnections for trade or on the demand side, the flexible resource that ensures the provision of reliable power in the face of uncertainty likewise differs enormously. Written for decision makers, Harnessing Variable Renewables: a Guide to the Balancing Challenge sheds light on managing power systems with large shares of variable renewables. It presents a new, step-by-step approach developed by the IEA to assess the flexibility of power systems, which identifies the already present resources that could help meet the twin challenges of variability and uncertainty.
Book Synopsis Integrating Renewables in Electricity Markets by : Juan M. Morales
Download or read book Integrating Renewables in Electricity Markets written by Juan M. Morales and published by Springer Science & Business Media. This book was released on 2013-12-03 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: This addition to the ISOR series addresses the analytics of the operations of electric energy systems with increasing penetration of stochastic renewable production facilities, such as wind- and solar-based generation units. As stochastic renewable production units become ubiquitous throughout electric energy systems, an increasing level of flexible backup provided by non-stochastic units and other system agents is needed if supply security and quality are to be maintained. Within the context above, this book provides up-to-date analytical tools to address challenging operational problems such as: • The modeling and forecasting of stochastic renewable power production. • The characterization of the impact of renewable production on market outcomes. • The clearing of electricity markets with high penetration of stochastic renewable units. • The development of mechanisms to counteract the variability and unpredictability of stochastic renewable units so that supply security is not at risk. • The trading of the electric energy produced by stochastic renewable producers. • The association of a number of electricity production facilities, stochastic and others, to increase their competitive edge in the electricity market. • The development of procedures to enable demand response and to facilitate the integration of stochastic renewable units. This book is written in a modular and tutorial manner and includes many illustrative examples to facilitate its comprehension. It is intended for advanced undergraduate and graduate students in the fields of electric energy systems, applied mathematics and economics. Practitioners in the electric energy sector will benefit as well from the concepts and techniques explained in this book.
Book Synopsis Renewable Energy Sources and Climate Change Mitigation by : Ottmar Edenhofer
Download or read book Renewable Energy Sources and Climate Change Mitigation written by Ottmar Edenhofer and published by Cambridge University Press. This book was released on 2011-11-21 with total page 1088 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Intergovernmental Panel on Climate Change Special Report (IPCC-SRREN) assesses the potential role of renewable energy in the mitigation of climate change. It covers the six most important renewable energy sources - bioenergy, solar, geothermal, hydropower, ocean and wind energy - as well as their integration into present and future energy systems. It considers the environmental and social consequences associated with the deployment of these technologies, and presents strategies to overcome technical as well as non-technical obstacles to their application and diffusion. SRREN brings a broad spectrum of technology-specific experts together with scientists studying energy systems as a whole. Prepared following strict IPCC procedures, it presents an impartial assessment of the current state of knowledge: it is policy relevant but not policy prescriptive. SRREN is an invaluable assessment of the potential role of renewable energy for the mitigation of climate change for policymakers, the private sector, and academic researchers.
