Towards Smart Distribution Grids A Structured Market Engineering Review

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Towards Smart Distribution Grids. A Structured Market Engineering Review

Author : Frederik vom Scheidt
Publisher :
ISBN 13 : 9783668258365
Total Pages : 32 pages
Book Rating : 4.2/5 (583 download)

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Book Synopsis Towards Smart Distribution Grids. A Structured Market Engineering Review by : Frederik vom Scheidt

Download or read book Towards Smart Distribution Grids. A Structured Market Engineering Review written by Frederik vom Scheidt and published by . This book was released on 2016-07-14 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2016 in the subject Business economics - Miscellaneous, grade: 1,0, Karlsruhe Institute of Technology (KIT) (Department of Economics and Management Institute of Information Systems and Marketing (IISM)), course: Information & Market Engineering, language: English, abstract: The changes taking place in the energy sector, the transition towards smart grids and an increasing share of distributed renewable energy sources generate the need for new market designs as well as new business models on the level of distribution grids. This work applies the market engineering framework to markets in smart distribution grids. Based on this structure, the most vital aspects of local markets in smart grids are examined. First, a systematic overview of important research approaches in the respective fields is given. Second, intermediaries are seen as markets engineers in their own one-sided market. This allows to further integrate related existing industry projects into the analysis. Thus, the relevance and practicability of the research and the value of the market engineering framework for local power markets is shown.

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.

Active Electrical Distribution Network

Author : Baseem Khan
Publisher : John Wiley & Sons
ISBN 13 : 1119599512
Total Pages : 660 pages
Book Rating : 4.1/5 (195 download)

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Book Synopsis Active Electrical Distribution Network by : Baseem Khan

Download or read book Active Electrical Distribution Network written by Baseem Khan and published by John Wiley & Sons. This book was released on 2021-07-13 with total page 660 pages. Available in PDF, EPUB and Kindle. Book excerpt: ACTIVE ELECTRICAL DISTRIBUTION NETWORK Discover the major issues, solutions, techniques, and applications of active electrical distribution networks with this edited resource Active Electrical Distribution Network: A Smart Approach delivers a comprehensive and insightful guide dedicated to addressing the major issues affecting an often-overlooked sector of the electrical industry: electrical distribution. The book discusses in detail a variety of challenges facing the smart electrical distribution network and presents a detailed framework to address these challenges with renewable energy integration. The book offers readers fulsome analyses of active distribution networks for smart grids, as well as active control approached for distributed generation, electric vehicle technology, smart metering systems, smart monitoring devices, smart management systems, and various storage systems. It provides a treatment of the analysis, modeling, and implementation of active electrical distribution systems and an exploration of the ways professionals and researchers from academia and industry attempt to meet the significant challenges facing them. From smart home energy management systems to approaches for the reconfiguration of active distribution networks with renewable energy integration, readers will also enjoy: A thorough introduction to electrical distribution networks, including conventional and smart networks An exploration of various existing issues related to the electrical distribution network An examination of the importance of harmonics mitigation in smart distribution networks, including active filters A treatment of reactive power compensation under smart distribution networks, including techniques like capacitor banks and smart devices An analysis of smart distribution network reliability assessment and enhancement Perfect for professionals, scientists, technologists, developers, designers, and researchers in smart grid technologies, security, and information technology, Active Electrical Distribution Network: A Smart Approach will also earn a place in the libraries of policy and administration professionals, as well as those involved with electric utilities, electric policy development, and regulating authorities.

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 : Stuart Borlase
Publisher : CRC Press
ISBN 13 : 1498799566
Total Pages : 806 pages
Book Rating : 4.4/5 (987 download)

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Book Synopsis Smart Grids by : Stuart Borlase

Download or read book Smart Grids written by Stuart Borlase and published by CRC Press. This book was released on 2017-11-22 with total page 806 pages. Available in PDF, EPUB and Kindle. Book excerpt: The latest edition features a new chapter on implementation and operation of an integrated smart grid with updates to multiple chapters throughout the text. New sections on Internet of things, and how they relate to smart grids and smart cities, have also been added to the book. It describes the impetus for change in the electric utility industry and discusses the business drivers, benefits, and market outlook of the smart grid initiative. The book identifies the technical framework of enabling technologies and smart solutions and describes the role of technology developments and coordinated standards in smart grid, including various initiatives and organizations helping to drive the smart grid effort. With chapters written by leading experts in the field, the text explains how to plan, integrate, implement, and operate a smart grid.

Advanced Smartgrids for Distribution System Operators, Volume 1

Author : Marc Boillot
Publisher : John Wiley & Sons
ISBN 13 : 1848217374
Total Pages : 252 pages
Book Rating : 4.8/5 (482 download)

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Book Synopsis Advanced Smartgrids for Distribution System Operators, Volume 1 by : Marc Boillot

Download or read book Advanced Smartgrids for Distribution System Operators, Volume 1 written by Marc Boillot and published by John Wiley & Sons. This book was released on 2014-12-03 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dynamic of the Energy Transition is engaged in many region of the World. This is a real challenge for electric systems and a paradigm shift for existing distribution networks. With the help of "advanced" smart technologies, the Distribution System Operators will have a central role to integrate massively renewable generation, electric vehicle and demand response programs. Many projects are on-going to develop and assess advanced smart grids solutions, with already some lessons learnt. In the end, the Smart Grid is a mean for Distribution System Operators to ensure the quality and the security of power supply. Several books have been written to provide a definition of Smart grids, explore the different technical evolution needed and explain / analyse what would be the benefits. All those books are conducted on theoretical basis by academics and strategy consultants. This new book will propose a complementary and singular approach based on a practical experience from DSO's.

Practical Guidance for Defining a Smart Grid Modernization Strategy

Author : Marcelino Madrigal
Publisher : World Bank Publications
ISBN 13 : 1464810559
Total Pages : 183 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Practical Guidance for Defining a Smart Grid Modernization Strategy by : Marcelino Madrigal

Download or read book Practical Guidance for Defining a Smart Grid Modernization Strategy written by Marcelino Madrigal and published by World Bank Publications. This book was released on 2017-03-22 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: Practical Guidance for Defi ning a Smart Grid Modernization Strategy: The Case of Distribution guides stakeholders on how utilities can defi ne their own smart grid vision, identify priorities, and structure investment plans. While most of these strategic aspects apply to any area of the electricity grid, the book focuses on distribution. The guidance includes key building blocks for modernizing the distribution grid and provides examples of grid modernization projects. This revised edition also includes key communication system requirements to support a well-functioning grid. The concept of the smart grid is relevant to all grids. What varies are the magnitude and type of the incremental steps toward modernization for achieving a specifi c smart grid vision. A utility that is at a relatively low level of grid modernization may leapfrog one or more levels of modernization to achieve some of the benefi ts of the highest levels of grid modernization. Smart grids impact electric distribution systems signifi cantly. In developing countries, modernizing the distribution grid promises to benefi t the operation of electric distribution utilities in many and various ways. These benefi ts include improved operational effi ciency (such as reduced losses and lower energy consumption), reduced peak demand, improved service reliability, and ability to accommodate distributed generating resources without adversely impacting overall power quality. Practical Guidance for Defi ning a Smart Grid Modernization Strategy concludes by describing funding and regulatory issues that may need to be taken into account when developing smart grid plans. The World Bank Studies series is available for free download online through the Open Knowledge Repository (https://openknowledge.worldbank.org).

Optimal Coordination of Distributed Energy Resources in Smart Grids Enabled by Distributed Optimization and Transactive Energy

Author : Rabab Haider
Publisher :
ISBN 13 :
Total Pages : 310 pages
Book Rating : 4.:/5 (126 download)

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Book Synopsis Optimal Coordination of Distributed Energy Resources in Smart Grids Enabled by Distributed Optimization and Transactive Energy by : Rabab Haider

Download or read book Optimal Coordination of Distributed Energy Resources in Smart Grids Enabled by Distributed Optimization and Transactive Energy written by Rabab Haider and published by . This book was released on 2020 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern active distribution grids are characterized by the increasing penetration of distributed energy resources (DERs). The proper coordination and scheduling of a large numbers of these DERs can only be achieved at the nexus of new technological approaches and policies, primarily distributed computation and transactive energy. Transactive energy is a control mechanism which uses economic incentives, such as time-of-use or real-time electricity prices, to influence the behaviour of independent agents (i.e. DERs in the grid) as needed by the grid operator. This thesis tackles the problem of DER coordination by considering the role of distributed optimization algorithms in solving the optimal power flow (OPF) problem, when a large number of small scale DERs are present. The OPF problem minimizes costs to operate the grid, while subject to network constraints. The distributed implementation makes large-scale problems computationally tractable, while also maintaining privacy of local information. First, we utilize a new convex formulation of the power grid based on current injection (CI) and McCormick Envelopes, to model distribution grids of meshed topology and unbalanced structure. The OPF problem is then solved for such grid structures, using the distributed proximal atomic coordination (PAC) algorithm, which has several advantages over other distributed algorithms. These advantages include reduced network communication requirements, reduced local computational effort, and improved privacy. The DER coordination problem is then extended to consider storage devices. This requires a multi-period OPF formulation, which is also solved using the PAC algorithm. Results from active configurations of the IEEE 123-bus network corroborate the need for a multi-period optimization approach under high penetration of renewable resources. Finally, we propose a retail market mechanism which can be viewed as a transactive energy scheme within the distribution grid. Through the retail market, DERs are optimally scheduled in an energy market, and leveraged in alert system cases in an ancillary services market. The transactions of the energy market are carried out at each primacy feeder through bilateral agreements between the Distribution System Operator (DSO) and agents representing DERs at feeder buses, leveraging the PAC algorithm. These interactions determine the optimal real-time resource schedules and distributed Locational Marginal Price. The PAC algorithm and proposed market are extensively validated on a real distribution grid in Tokyo, a balanced IEEE 123-bus distribution grid, and a three feeder model using the IEEE 13-bus. The energy market is shown to result in an overall increase in revenue for the DSO.

Stochastic Optimization for Distributed Energy Resources in Smart Grids

Author : Yuanxiong Guo
Publisher : Springer
ISBN 13 : 3319595296
Total Pages : 84 pages
Book Rating : 4.3/5 (195 download)

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Book Synopsis Stochastic Optimization for Distributed Energy Resources in Smart Grids by : Yuanxiong Guo

Download or read book Stochastic Optimization for Distributed Energy Resources in Smart Grids written by Yuanxiong Guo and published by Springer. This book was released on 2017-06-21 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: This brief focuses on stochastic energy optimization for distributed energy resources in smart grids. Along with a review of drivers and recent developments towards distributed energy resources, this brief presents research challenges of integrating millions of distributed energy resources into the grid. The brief then proposes a novel three-level hierarchical architecture for effectively integrating distributed energy resources into smart grids. Under the proposed hierarchical architecture, distributed energy resource management algorithms at the three levels (i.e., smart home, smart neighborhood, and smart microgrid) are developed in this brief based on stochastic optimization that can handle the involved uncertainties in the system.

SMART Grids: A Technology for Society

Author : Suryansh Pant
Publisher : GRIN Verlag
ISBN 13 : 3656822344
Total Pages : 16 pages
Book Rating : 4.6/5 (568 download)

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Book Synopsis SMART Grids: A Technology for Society by : Suryansh Pant

Download or read book SMART Grids: A Technology for Society written by Suryansh Pant and published by GRIN Verlag. This book was released on 2014-10-23 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientific Essay from the year 2014 in the subject Technology, grade: 1.33, Jacobs University Bremen gGmbH, course: USC: Society and Technology, language: English, abstract: The following paper presents the ‘Smart-Grid VDAR’ technology presented at CeBIT, Hannover. The idea and structure of the technology is subsequently introduced followed by a social analysis of the technology. Some of the relevant groups identified were: consumers, producers, environmentalists and the government. High installation costs and health concerns were addressed as the main problems concerned with the use of technology. Finally, the aim of European Union to adopt a smart grid within the next decade is highlighted which is an indication of an overall positive outlook towards the technology.

Deregulated Electricity Structures and Smart Grids

Author : Baseem Khan
Publisher : CRC Press
ISBN 13 : 1000567257
Total Pages : 331 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis Deregulated Electricity Structures and Smart Grids by : Baseem Khan

Download or read book Deregulated Electricity Structures and Smart Grids written by Baseem Khan and published by CRC Press. This book was released on 2022-04-19 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: The goals of restructuring of the power sector are competition and operating efficiency in the power industry that result in reliable, economical, and quality power supply to consumers. This comprehensive reference text provides an in-depth insight into these topics. Deregulated Electricity Structures and Smart Grids discusses issues including renewable energy integration, reliability assessment, stability analysis, reactive power compensation in smart grids, and harmonic mitigation, in the context of the deregulated smart electricity market. It covers important concepts including AC and DC grid modelling, harmonics mitigation and reactive power compensation in the deregulated smart grid, and extraction of energy from renewable energy sources under the deregulated electricity market with the smart grid. The text will be useful for graduate students and professionals in the fields of electrical engineering, electronics and communication engineering, renewable energy, and clean technologies.

Distributed Linear Programming Models in a Smart Grid

Author : Prakash Ranganathan
Publisher : Springer
ISBN 13 : 3319526170
Total Pages : 231 pages
Book Rating : 4.3/5 (195 download)

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Book Synopsis Distributed Linear Programming Models in a Smart Grid by : Prakash Ranganathan

Download or read book Distributed Linear Programming Models in a Smart Grid written by Prakash Ranganathan and published by Springer. This book was released on 2017-03-31 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book showcases the strengths of Linear Programming models for Cyber Physical Systems (CPS), such as the Smart Grids. Cyber-Physical Systems (CPS) consist of computational components interconnected by computer networks that monitor and control switched physical entities interconnected by physical infrastructures. A fundamental challenge in the design and analysis of CPS is the lack of understanding in formulating constraints for complex networks. We address this challenge by employing collection of Linear programming solvers that models the constraints of sub-systems and micro grids in a distributed fashion. The book can be treated as a useful resource to adaptively schedule resource transfers between nodes in a smart power grid. In addition, the feasibility conditions and constraints outlined in the book will enable in reaching optimal values that can help maintain the stability of both the computer network and the physical systems. It details the collection of optimization methods that are reliable for electric-utilities to use for resource scheduling, and optimizing their existing systems or sub-systems. The authors answer to key questions on ways to optimally allocate resources during outages, and contingency cases (e.g., line failures, and/or circuit breaker failures), how to design de-centralized methods for carrying out tasks using decomposition models; and how to quantify un-certainty and make decisions in the event of grid failures.

Smart Electricity Distribution Networks

Author : Chengshan Wang
Publisher : CRC Press
ISBN 13 : 9781482230550
Total Pages : 0 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis Smart Electricity Distribution Networks by : Chengshan Wang

Download or read book Smart Electricity Distribution Networks written by Chengshan Wang and published by CRC Press. This book was released on 2016-09-26 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a basic discussion of the smart distribution concept and new technologies related to it, including distributed energy resources (DERs), demand side integration, microgrids, CELL and virtual power plants. It describes various analysis methods and introduces the concept of planning and operating smart distribution networks, often referred to as smart grids. This book will allow readers to engage with the immediate development of the electricity distribution networks and take part in the debate over the future Smart Grid.

Market Engineering

Author : Henner Gimpel
Publisher : Springer Nature
ISBN 13 : 3030666611
Total Pages : 244 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Market Engineering by : Henner Gimpel

Download or read book Market Engineering written by Henner Gimpel and published by Springer Nature. This book was released on 2021-04-26 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book provides a broad range of insights on market engineering and information management. It covers topics like auctions, stock markets, electricity markets, the sharing economy, information and emotions in markets, smart decision-making in cities and other systems, and methodological approaches to conceptual modeling and taxonomy development. Overall, this book is a source of inspiration for everybody working on the vision of advancing the science of engineering markets and managing information for contributing to a bright, sustainable, digital world. Markets are powerful and extremely efficient mechanisms for coordinating individuals’ and organizations’ behavior in a complex, networked economy. Thus, designing, monitoring, and regulating markets is an essential task of today’s society. This task does not only derive from a purely economic point of view. Leveraging market forces can also help to tackle pressing social and environmental challenges. Moreover, markets process, generate, and reveal information. This information is a production factor and a valuable economic asset. In an increasingly digital world, it is more essential than ever to understand the life cycle of information from its creation and distribution to its use. Both markets and the flow of information should not arbitrarily emerge and develop based on individual, profit-driven actors. Instead, they should be engineered to serve best the whole society’s goals. This motivation drives the research fields of market engineering and information management. With this book, the editors and authors honor Professor Dr. Christof Weinhardt for his enormous and ongoing contribution to market engineering and information management research and practice. It was presented to him on the occasion of his sixtieth birthday in April 2021. Thank you very much, Christof, for so many years of cooperation, support, inspiration, and friendship.

Methods and Concepts for Designing and Validating Smart Grid Systems

Author : Thomas I. Strasser
Publisher : MDPI
ISBN 13 : 3039216481
Total Pages : 408 pages
Book Rating : 4.0/5 (392 download)

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Book Synopsis Methods and Concepts for Designing and Validating Smart Grid Systems by : Thomas I. Strasser

Download or read book Methods and Concepts for Designing and Validating Smart Grid Systems written by Thomas I. Strasser and published by MDPI. This book was released on 2019-11-20 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy efficiency and low-carbon technologies are key contributors to curtailing the emission of greenhouse gases that continue to cause global warming. The efforts to reduce greenhouse gas emissions also strongly affect electrical power systems. Renewable sources, storage systems, and flexible loads provide new system controls, but power system operators and utilities have to deal with their fluctuating nature, limited storage capabilities, and typically higher infrastructure complexity with a growing number of heterogeneous components. In addition to the technological change of new components, the liberalization of energy markets and new regulatory rules bring contextual change that necessitates the restructuring of the design and operation of future energy systems. Sophisticated component design methods, intelligent information and communication architectures, automation and control concepts, new and advanced markets, as well as proper standards are necessary in order to manage the higher complexity of such intelligent power systems that form smart grids. Due to the considerably higher complexity of such cyber-physical energy systems, constituting the power system, automation, protection, information and communication technology (ICT), and system services, it is expected that the design and validation of smart-grid configurations will play a major role in future technology and system developments. However, an integrated approach for the design and evaluation of smart-grid configurations incorporating these diverse constituent parts remains evasive. The currently available validation approaches focus mainly on component-oriented methods. In order to guarantee a sustainable, affordable, and secure supply of electricity through the transition to a future smart grid with considerably higher complexity and innovation, new design, validation, and testing methods appropriate for cyber-physical systems are required. Therefore, this book summarizes recent research results and developments related to the design and validation of smart grid systems.

Local Electricity Markets

Author : Tiago Pinto
Publisher : Academic Press
ISBN 13 : 0128226668
Total Pages : 474 pages
Book Rating : 4.1/5 (282 download)

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Book Synopsis Local Electricity Markets by : Tiago Pinto

Download or read book Local Electricity Markets written by Tiago Pinto and published by Academic Press. This book was released on 2021-07-03 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: Local Electricity Markets introduces the fundamental characteristics, needs, and constraints shaping the design and implementation of local electricity markets. It addresses current proposed local market models and lessons from their limited practical implementation. The work discusses relevant decision and informatics tools considered important in the implementation of local electricity markets. It also includes a review on management and trading platforms, including commercially available tools. Aspects of local electricity market infrastructure are identified and discussed, including physical and software infrastructure. It discusses the current regulatory frameworks available for local electricity market development internationally. The work concludes with a discussion of barriers and opportunities for local electricity markets in the future. Delineates key components shaping the design and implementation of local electricity market structure Provides a coherent view on the enabling infrastructures and technologies that underpin local market expansion Explores the current regulatory environment for local electricity markets drawn from a global panel of contributors Exposes future paths toward widespread implementation of local electricity markets using an empirical review of barriers and opportunities Reviews relevant local electricity market case studies, pilots and demonstrators already deployed and under implementation

Operation of Distributed Energy Resources in Smart Distribution Networks

Author : Kazem Zare
Publisher : Academic Press
ISBN 13 : 9780128148914
Total Pages : 0 pages
Book Rating : 4.1/5 (489 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 2018-06-07 with total page 0 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.