Smart Grid Economics And Management

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Smart Grid Economics and Management

Author : Clemens van Dinther
Publisher : Springer Nature
ISBN 13 : 303084286X
Total Pages : 245 pages
Book Rating : 4.0/5 (38 download)

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Book Synopsis Smart Grid Economics and Management by : Clemens van Dinther

Download or read book Smart Grid Economics and Management written by Clemens van Dinther and published by Springer Nature. This book was released on 2022-05-07 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on market/regulatory issues concerning smart grid applications, business cases and use cases. It covers the most relevant aspects of the smart grid—design considerations, economics, legal aspects and system management—and includes exercises at the end of each chapter. Since renewable energy generation is weather-dependent, it is more volatile, which affects market prices and the need for flexibility options including demand side management. In order to balance supply and demand in a sustainable manner also with high shares of renewables, energy systems need to be enhanced by smart grid technologies. This co-evolutionary transformation of the energy system, economic, societal, political and regulatory domains is challenging and calls for an integrated and interdisciplinary approach. This book provides an essential basis to prepare lecturers and students for engaging in the new energy world.

Economics of Electricity

Author : Anna Cretì
Publisher : Cambridge University Press
ISBN 13 : 1107185653
Total Pages : 369 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis Economics of Electricity by : Anna Cretì

Download or read book Economics of Electricity written by Anna Cretì and published by Cambridge University Press. This book was released on 2019-05-30 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains the economics of electricity at each step of the supply chain: production, transportation and distribution, and retail.

Smart Energy Management for Smart Grids

Author : Khmaies Ouahada
Publisher : MDPI
ISBN 13 : 3039281429
Total Pages : 350 pages
Book Rating : 4.0/5 (392 download)

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Book Synopsis Smart Energy Management for Smart Grids by : Khmaies Ouahada

Download or read book Smart Energy Management for Smart Grids written by Khmaies Ouahada and published by MDPI. This book was released on 2020-03-16 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a contribution from the authors, to share solutions for a better and sustainable power grid. Renewable energy, smart grid security and smart energy management are the main topics discussed in this book.

Social Impacts of Smart Grids

Author : Wadim Strielkowski
Publisher : Elsevier
ISBN 13 : 0128177713
Total Pages : 342 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Social Impacts of Smart Grids by : Wadim Strielkowski

Download or read book Social Impacts of Smart Grids written by Wadim Strielkowski and published by Elsevier. This book was released on 2019-10-22 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social Impacts of Smart Grids: The Future of Smart Grids and Energy Market Design explores the significant, unexplored societal consequences of our meteoric evolution towards intelligent, responsive and sustainable power generation and distribution systems—the so-called ‘smart grid’. These consequences include new patterns of consumption behavior, systems planning under increasing uncertainty, and the ever- growing complexities involved. The work covers the historical impact of the transformation, examines the changing role of production and consumption behavior, articulates the principles and options for socially responsible smart grid power market design, and explores social acceptance of the smart grid. Where relevant, it examines adjacent literatures from P2P electricity markets, electric vehicles, smart homes and smart cities, and related ‘internet of energy’ developments. Finally, it provides insights into mitigating the likely social consequences of our integrated low-carbon energy future. Evaluates the connections between the concept of sustainability and the social impacts of the smart grids Analyzes emerging trends in smart grids connected with trends towards the sharing economy Investigates environmental degradation awareness and environmental stewardship goals associated with smart grids Explores how to mitigate social challenges with effective smart grid power market design Integrates energy stewardship and social acceptance literatures into the discussion of the smart grid

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.

Smart Grid Control

Author : Jakob Stoustrup
Publisher : Springer
ISBN 13 : 3319983105
Total Pages : 300 pages
Book Rating : 4.3/5 (199 download)

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Book Synopsis Smart Grid Control by : Jakob Stoustrup

Download or read book Smart Grid Control written by Jakob Stoustrup and published by Springer. This book was released on 2018-09-25 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the role of systems and control. Focusing on the current and future development of smart grids in the generation and transmission of energy, it provides an overview of the smart grid control landscape, and the potential impact of the various investigations presented has for technical aspects of power generation and distribution as well as for human and economic concerns such as pricing, consumption and demand management. A tutorial exposition is provided in each chapter, describing the opportunities and challenges that lie ahead. Topics in these chapters include: wide-area control; issues of estimation and integration at the transmission; distribution, consumers, and demand management; and cyber-physical security for smart grid control systems. The contributors describe the problems involved with each topic, and what impact these problems would have if not solved. The tutorial components and the opportunities and challenges detailed make this book ideal for anyone interested in new paradigms for modernized, smart power grids, and anyone in a field where control is applied. More specifically, it is a valuable resource for students studying smart grid control, and for researchers and academics wishing to extend their knowledge of the topic.

IT Solutions for the Smart Grid

Author : Tobias Brandt
Publisher : Springer
ISBN 13 : 3658124156
Total Pages : 197 pages
Book Rating : 4.6/5 (581 download)

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Book Synopsis IT Solutions for the Smart Grid by : Tobias Brandt

Download or read book IT Solutions for the Smart Grid written by Tobias Brandt and published by Springer. This book was released on 2016-02-03 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tobias Brandt outlines how information technology (IT) can be used to integrate sustainable energy technologies into existing infrastructures. The topic is approached from micro, meso, as well as macro perspectives. He first describes how IT artifacts can be used to manage renewable energy sources and energy storage devices in individual households and microgrids for an improved economic and ecological performance. The author proceeds by assessing the economic feasibility of aggregating electric vehicles for large-scale energy storage. The final chapter explores the issue of stability in automated mechanisms. A game-theoretical model is first introduced for financial markets and later transferred to the automated management of energy demand.

Advanced Approaches, Business Models, and Novel Techniques for Management and Control of Smart Grids

Author : Pierluigi Siano
Publisher : MDPI
ISBN 13 : 3039367587
Total Pages : 210 pages
Book Rating : 4.0/5 (393 download)

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Book Synopsis Advanced Approaches, Business Models, and Novel Techniques for Management and Control of Smart Grids by : Pierluigi Siano

Download or read book Advanced Approaches, Business Models, and Novel Techniques for Management and Control of Smart Grids written by Pierluigi Siano and published by MDPI. This book was released on 2020-12-29 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current power system should be renovated to fulfill social and industrial requests and economic advances. Hence, providing economic, green, and sustainable energy are key goals of advanced societies. In order to meet these goals, recent features of smart grid technologies need to have the potential to improve reliability, ﬂexibility, efﬁciency, and resiliency. This book aims to address the mentioned challenges by introducing advanced approaches, business models, and novel techniques for the management and control of future smart grids.

Smart Grid Economics

Author : Takanori Ida
Publisher : Springer Nature
ISBN 13 : 9819985773
Total Pages : 142 pages
Book Rating : 4.8/5 (199 download)

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Book Synopsis Smart Grid Economics by : Takanori Ida

Download or read book Smart Grid Economics written by Takanori Ida and published by Springer Nature. This book was released on 2024-01-03 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to report on a cutting-edge research project of the smart grid in Japan, resting on the three pillars of field experiments, behavioral economics, and big data. The field experiments on the smart grid were conducted in four regions in Japan—Yokohama city, Toyota city, Keihanna Science City, and Kitakyushu city—over a three-year period from 2012 to 2014 after the Great East Japan Earthquake on March 11, 2011, and the subsequent accident at the Fukushima Nuclear Power Plants. Our focus here is on demand response in the smart grid environment, which we also discuss in the context of power system reforms. The book is intended for undergraduate and graduate students, researchers, policy makers, and business leaders.

Smart Grids and Big Data Analytics for Smart Cities

Author : Chun Sing Lai
Publisher : Springer Nature
ISBN 13 : 3030521559
Total Pages : 403 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Smart Grids and Big Data Analytics for Smart Cities by : Chun Sing Lai

Download or read book Smart Grids and Big Data Analytics for Smart Cities written by Chun Sing Lai and published by Springer Nature. This book was released on 2020-10-31 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive introduction to different elements of smart city infrastructure - smart energy, smart water, smart health, and smart transportation - and how they work independently and together. Theoretical development and practical applications are presented, along with related standards, recommended practices, and professional guidelines. Throughout the book, diagrams and case studies are provided that demonstrate the systems presented, and extensive use of scenarios helps readers better grasp how smart grids, the Internet of Things, big data analytics, and trading models can improve road safety, healthcare, smart water management, and a low-carbon economy. A must-read for practicing engineers, consultants, regulators, utility operators, and environmentalists involved in smart city development, the book will also appeal to city planners and designers, as well as upper-level undergraduate and graduate students studying energy, environmental science, technology, economics, signal processing, information science, and power engineering.

Communication, Control and Security Challenges for the Smart Grid

Author : S.M. Muyeen
Publisher : IET
ISBN 13 : 1785611429
Total Pages : 572 pages
Book Rating : 4.7/5 (856 download)

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Book Synopsis Communication, Control and Security Challenges for the Smart Grid by : S.M. Muyeen

Download or read book Communication, Control and Security Challenges for the Smart Grid written by S.M. Muyeen and published by IET. This book was released on 2017-02-10 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Smart Grid is a modern electricity grid allowing for distributed, renewable intermittent generation, partly owned by consumers. This requires advanced control and communication technologies in order to provide high quality power supply and secure generation, transmission and distribution. This book outlines these emerging technologies.

Smart Energy Research. At the Crossroads of Engineering, Economics, and Computer Science

Author : Christian Derksen
Publisher : Springer
ISBN 13 : 3319665537
Total Pages : 197 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Smart Energy Research. At the Crossroads of Engineering, Economics, and Computer Science by : Christian Derksen

Download or read book Smart Energy Research. At the Crossroads of Engineering, Economics, and Computer Science written by Christian Derksen and published by Springer. This book was released on 2017-08-29 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume consists of revised selected papers presented at the 3rd and 4th International Conference on Smart Energy Research, SmartER Europe 2016 and 2017, held in Essen, Germany, in February 2016 and 2017. The 13 full papers included in this volume were carefully reviewed and selected from 25 submissions. The papers discuss recent advances and experiences in building and using new IT-based solutions for Smart Grids and Smart Markets combining the knowledge of different disciplines such as engineering, business management and economics as well as computer science. They reflect the versatility and the complexity of the transformation process in the energy sector and also show the great need for research that is required to achieve the high targets for a digitized and sustainable energy landscape.

Smart Grid

Author : Fereidoon Sioshansi
Publisher : Academic Press
ISBN 13 : 0123864534
Total Pages : 569 pages
Book Rating : 4.1/5 (238 download)

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Book Synopsis Smart Grid by : Fereidoon Sioshansi

Download or read book Smart Grid written by Fereidoon Sioshansi and published by Academic Press. This book was released on 2011-10-06 with total page 569 pages. Available in PDF, EPUB and Kindle. Book excerpt: The creation of a flexible, efficient, digitized, dependable and resilient power grid may well be the best route to increasing energy efficiency & security, as well as boosting the potential of renewable & distributed power sources. This book covers smart grids from A-Z, providing a complete treatment of the topic, covering both policy and technology, explaining the most recent innovations supporting its development, and clarifying how the smart grid can support the integration of renewable energy resources. Among the most important topics included are smart metering, renewable energy storage, plug-in hybrids, flexible demand response, strategies for offsetting intermittency issues, micro-grids for off-grid communities, and specific in-depth coverage of wind and solar power integration. The content draws lessons from an international panel of contributors, whose diverse experiences implementing smart grids will help to provide templates for success. Provides critical information on the technological, design and policy issues that must be taken into account to ensure that the smart grid is implemented successfully Demonstrates how smart grids can help utilities adhere to increased renewable portfolio standards Provides examples of successful microgrid/smart metering projects from around the world that can act as templates for developers, operators and investors embarking upon similar projects

Smart Grids

Author : Bernd M. Buchholz
Publisher : Springer Nature
ISBN 13 : 3662609304
Total Pages : 425 pages
Book Rating : 4.6/5 (626 download)

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Book Synopsis Smart Grids by : Bernd M. Buchholz

Download or read book Smart Grids written by Bernd M. Buchholz and published by Springer Nature. This book was released on 2020-03-23 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowadays, Smart Grid has become an established synonym for modern electric power systems. Electric networks are fed less and less by large, centrally planned fossil and nuclear power plants but more and more by millions of smaller, renewable and mostly weather-dependent generation units. A secure energy supply in such a sustainable and ecological system requires a completely different approach for planning, equipping and operating the electric power systems of the future, especially by using flexibility provisions of the network users according to the Smart Grid concept. The book brings together common themes beginning with Smart Grids and the characteristics of power plants based on renewable energy with highly efficient generation principles and storage capabilities. It covers the advanced technologies applied today in the transmission and distribution networks and innovative solutions for maintaining today’s high power quality under the challenging conditions of large-scale shares of volatile renewable energy sources in the annual energy balance. Besides considering the new primary and secondary technology solutions and control facilities for the transmission and distribution networks, prospective market conditions allowing network operators and the network users to gain benefits are also discussed. The growing role of information and communication technologies is investigated. The importance of new standards is underlined and the current international efforts in developing a consistent set of standards are updated in the second edition and described in detail. The updated presentation of international experiences to apply novel Smart Grid solutions to the practice of network operation concludes this book.

Smart Grid

Author : James A. Momoh
Publisher : John Wiley & Sons
ISBN 13 : 1118156102
Total Pages : 234 pages
Book Rating : 4.1/5 (181 download)

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Book Synopsis Smart Grid by : James A. Momoh

Download or read book Smart Grid written by James A. Momoh and published by John Wiley & Sons. This book was released on 2012-03-07 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is written as primer hand book for addressing the fundamentals of smart grid. It provides the working definition the functions, the design criteria and the tools and techniques and technology needed for building smart grid. The book is needed to provide a working guideline in the design, analysis and development of Smart Grid. It incorporates all the essential factors of Smart Grid appropriate for enabling the performance and capability of the power system. There are no comparable books which provide information on the “how to” of the design and analysis. The book provides a fundamental discussion on the motivation for the smart grid development, the working definition and the tools for analysis and development of the Smart Grid. Standards and requirements needed for designing new devices, systems and products are discussed; the automation and computational techniques need to ensure that the Smart Grid guarantees adaptability, foresight alongside capability of handling new systems and components are discussed. The interoperability of different renewable energy sources are included to ensure that there will be minimum changes in the existing legacy system. Overall the book evaluates different options of computational intelligence, communication technology and decision support system to design various aspects of Smart Grid. Strategies for demonstration of Smart Grid schemes on selected problems are presented.

Smart Grid

Author : Fereidoon Perry Sioshansi
Publisher : Academic Press
ISBN 13 : 0123864526
Total Pages : 569 pages
Book Rating : 4.1/5 (238 download)

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Book Synopsis Smart Grid by : Fereidoon Perry Sioshansi

Download or read book Smart Grid written by Fereidoon Perry Sioshansi and published by Academic Press. This book was released on 2011-10-27 with total page 569 pages. Available in PDF, EPUB and Kindle. Book excerpt: The creation of a flexible, efficient, digitized, dependable and resilient power grid may well be the best route to increasing energy efficiency & security, as well as boosting the potential of renewable & distributed power sources. However, there is still much confusion about the nature of the Smart Grid: What is it? What work needs to be accomplished in order to make it a reality? How will it benefit the drive to diversify energy resources? This book covers Smart Grids from A-Z, providing a complete treatment of the topic, covering both policy and technology, explaining the most recent innovations supporting its development, and clarifying how the Smart Grid can support the integration of Renewable Energy resources. Among the most important topics included are smart metering, renewable energy storage, plug-in hybrids, flexible demand response, strategies for offsetting intermittency issues, micro-grids for off-grid communities, and specific in-depth coverage of wind and solar power integration. The content draws lessons from an international panel of contributors, whose diverse experiences implementing smart grids will help to provide templates for success. If we intend to undertake a meaningful overhaul of the way the world uses energy resources, we ignore grid management issues at our peril. Ultimately, this important book examines what the integration challenges are, what technology and policy needs to be in place in order to support uptake, and what The Smart Grid can do to enable solutions. Provides critical information on the technological, design and policy issues that must be taken into account to ensure that the smart grid is implemented successfully Demonstrates how smart grids can help utilities adhere to increased renewable portfolio standards Provides examples of successful microgrid/smart metering projects from around the world that can act as templates for developers, operators and investors embarking upon similar projects.

The Advanced Smart Grid: Edge Power Driving Sustainability, Second Edition

Author : Andres Carvallo
Publisher : Artech House
ISBN 13 : 1608079643
Total Pages : 293 pages
Book Rating : 4.6/5 (8 download)

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Book Synopsis The Advanced Smart Grid: Edge Power Driving Sustainability, Second Edition by : Andres Carvallo

Download or read book The Advanced Smart Grid: Edge Power Driving Sustainability, Second Edition written by Andres Carvallo and published by Artech House. This book was released on 2015-03-01 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Placing emphasis on practical “how-to” guidance, this cutting-edge resource provides a first-hand, insider’s perspective on the advent and evolution of smart grids in the 21st century. This book presents engineers, researchers, and students with the building blocks that comprise basic smart grids, including power plant, transmission substation, distribution, and meter automation. Moreover, this forward-looking volume explores the next step of this technology’s evolution. It provides a detailed explanation of how an advanced smart grid incorporates demand response with smart appliances and management mechanisms for distributed generation, energy storage, and electric vehicles. This updated second edition focuses on the disruptive impact of DER. This new edition also includes a glossary with well over 100 acronyms and terms, acknowledging the tremendous challenge for a student of smart energy and smart grid to grasp this complex industry.