Download or read book A Household s Power Load Response to a Change in the Electricity Pricing Scheme written by Walid Matar and published by . This book was released on 2019 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy economists are interested in how a change in electricity prices prompt a response by way of end-user power demand. If historical prices are low and infrequently-changing, it becomes difficult to estimate price elasticities statistically, especially in the short-run. This paper extends on a previous analysis by incorporating more demand-reducing measures within a utility maximization framework for households. The framework is informed the physical equations that govern how electricity is consumed. The measures considered are:1. independently adjusting the thermostat set-point across seasons,2. turning off lights, and3. switching off consumer electronics.We have calibrated the physical component for a dwelling in Saudi Arabia. Domestic electricity tariffs in the progressive pricing structure were partially raised in 2018. In addition to those raises, the response to other electricity pricing schemes is analyzed: time-of-use and real-time prices.We show that for a household with a low preference for electricity, the 2018 price increases do warrant adjustment in indoor temperature in the hot summer months and lower electricity use for consumer electronics. Since we adopt a dwelling in Saudi Arabia, the response measure that is most exercised is thermostat set-point adjustments. A subdued response is found for households that have adopted higher energy efficiency, or have high preference for electricity.

Download or read book Smart Data Pricing written by Soumya Sen and published by John Wiley & Sons. This book was released on 2014-08-21 with total page 533 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive text addressing the high demand for network, cloud, and content services through cutting-edge research on data pricing and business strategies Smart Data Pricing tackles the timely issue of surging demand for network, cloud, and content services and corresponding innovations in pricing these services to benefit consumers, operators, and content providers. The pricing of data traffic and other services is central to the core challenges of network monetization, growth sustainability, and bridging the digital divide. In this book, experts from both academia and industry discuss all aspects of smart data pricing research and development, including economic analyses, system development, user behavior evaluation, and business strategies. Smart Data Pricing: • Presents the analysis of leading researchers from industry and academia surrounding the pricing of network services and content. • Discusses current trends in mobile and wired data usage and their economic implications for content providers, network operators, end users, government regulators, and other players in the Internet ecosystem. • Includes new concepts and background technical knowledge that will help researchers and managers effectively monetize their networks and improve user quality-of-experience. • Provides cutting-edge research on business strategies and initiatives through a diverse collection of perspectives. • Combines academic and industry expertise from multiple disciplines and business organizations. The ideas and background of the technologies and economic principles discussed within these chapters are of real value to practitioners, researchers, and managers in identifying trends and deploying new pricing and network management technologies, and will help support managers in identifying new business directions and innovating solutions to challenging business problems.

Download or read book Smart Energy Management written by Kaile Zhou and published by Springer Nature. This book was released on 2022-02-04 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a relatively whole view of data-driven decision-making methods for energy service innovation and energy system optimization. Through personalized energy services provision and energy efficiency improvement, the book can contribute to the green transformation of energy system and the sustainable development of the society. The book gives a new way to achieve smart energy management, based on various data mining and machine learning methods, including fuzzy clustering, shape-based clustering, ensemble clustering, deep learning, and reinforcement learning. The applications of these data-driven methods in improving energy efficiency and supporting energy service innovation are presented. Moreover, this book also investigates the role of blockchain in supporting peer-to-peer (P2P) electricity trading innovation, thus supporting smart energy management. The general scope of this book mainly includes load clustering, load forecasting, price-based demand response, incentive-based demand response, and energy blockchain-based electricity trading. The intended readership of the book includes researchers and engineers in related areas, graduate and undergraduate students in university, and some other general interested audience. The important features of the book are: (1) it introduces various data-driven methods for achieving different smart energy management tasks; (2) it investigates the role of data-driven methods in supporting various energy service innovation; and (3) it explores energy blockchain in P2P electricity trading, and thus supporting smart energy management.

Download or read book Planning Operation and Control of Modern Power System with Large scale Renewable Energy Generations volume II written by Youbo Liu and published by Frontiers Media SA. This book was released on 2024-08-13 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid development and utilization of renewable energy generations (REGs), such as wind power and photovoltaic power, is an important measure for modern power system to achieve carbon neutrality and solve global energy crisis. However, the randomness and volatility of renewable energy generations lead to serious reliability concerns and financial risks to different decision-makers, and the large-scale integration of power electronic brings huge challenges to the planning, operation and control optimization of renewable energy-based systems. Therefore, to achieve the integration of large-scale renewable energy generations, advanced planning, operation and control optimization methods and strategies for modern power systems are required to be developed based on the state-of-the-art power system technologies. The aim of this Research Topic is to report the latest advancements in planning, operation and control optimization of large-scale renewable energy generations in modern power system to solve potential difficulties and challenges.

Download or read book Microgrid written by Magdi S. Mahmoud and published by Elsevier. This book was released on 2016-10-24 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microgrids: Advanced Control Methods and Renewable Energy System Integration demonstrates the state-of-art of methods and applications of microgrid control, with eleven concise and comprehensive chapters. The first three chapters provide an overview of the control methods of microgrid systems that is followed by a review of distributed control and management strategies for the next generation microgrids. Next, the book identifies future research directions and discusses the hierarchical power sharing control in DC Microgrids. Chapter 4 investigates the demand side management in microgrid control systems from various perspectives, followed by an outline of the operation and controls of the smart microgrids in Chapter 5. Chapter 6 deals with control of low-voltage microgrids with master/slave architecture. The final chapters explain the load-Frequency Controllers for Distributed Power System Generation Units and the issue of robust control design for VSIs, followed by a communication solution denoted as power talk. Finally, in Chapter 11, real-time implementation of distributed control for an autonomous microgrid system is performed. Addresses issues of contemporary interest to practitioners in the power engineering and management fields Focuses on the role of microgrids within the overall power system structure and attempts to clarify the main findings relating to primary and secondary control and management at the microgrid level Provides results from a quantified assessment of benefits from economic, environmental, operational, and social point-of-views Presents the hierarchical control levels manifested in microgrid operations and evaluates the principles and main functions of centralized and decentralized control

Download or read book The proceedings of the 16th Annual Conference of China Electrotechnical Society written by Jinghan He and published by Springer Nature. This book was released on 2022-04-22 with total page 1382 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers outstanding papers presented at the 16th Annual Conference of China Electrotechnical Society, organized by China Electrotechnical Society (CES), held in Beijing, China, from September 24 to 26, 2021. It covers topics such as electrical technology, power systems, electromagnetic emission technology, and electrical equipment. It introduces the innovative solutions that combine ideas from multiple disciplines. The book is very much helpful and useful for the researchers, engineers, practitioners, research students, and interested readers.

Download or read book Encyclopedia of Sustainable Management written by Samuel Idowu and published by Springer Nature. This book was released on 2023-11-21 with total page 4043 pages. Available in PDF, EPUB and Kindle. Book excerpt: This encyclopedia is the most comprehensive and up-to-date source of reference for sustainability in business and management. It covers both traditional and emerging concepts and terms and is fully international in its scope. More than 700 contributions of internationally renowned experts provide a definitive access to the knowledge in the area of sustainable and responsible management. All actors in the field will find reliable and up to date definitions and explanations of the key terms and concepts of management in this reference work. The Encyclopedia of Sustainable Management represents all aspects of management and business conduct. It takes sustainability as a management concept that gives due credit to the complexity and diverging constraints in which businesses and corporations act today, and it emphasizes and focuses approaches that help ensure that today's management decisions and actions will be the basis for tomorrow's prosperity.

Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1988 with total page 700 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Appraising the Economics of Smart Meters written by Jacopo Torriti and published by Routledge. This book was released on 2020-03-12 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the economics of smart meters and is one of the first to present comprehensive evidence on the impacts, cost-benefits and risks associated with smart metering. Throughout this volume, Jacopo Torriti integrates his findings from institutional cost-benefit analyses and smart metering trials in a range of European countries with key economic and social concepts and policy insights derived from almost ten years of research in this area. He explores the extent to which the benefits of smart meters outweigh the cost, and poses key questions including: which energy savings can be expected from the roll out of smart meters in households? Is Cost-Benefit Analysis an appropriate economic tool for assessing the impacts of smart metering rollouts? Can smart meters play a significant role in research on people’s activities and the timing of energy demand? Torriti concludes by providing a much-needed survey of recent changes and expected future developments in this growing field. This book will be of great interest to students and scholars of energy policy and demand and smart metering infrastructure.

Download or read book The Water Food Energy Nexus written by I. M. Mujtaba and published by CRC Press. This book was released on 2017-09-11 with total page 846 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exponential growth of the worldwide population requires increasing amounts of water, food, and energy. However, as the quantity of available fresh water and energy sources directly affecting cost of food production and transportation diminishes, technological solutions are necessary to secure sustainable supplies. In direct response to this reality, this book focuses on the water-energy-food nexus and describes in depth the challenges and processes involved in efficient water and energy production and management, wastewater treatment, and impact upon food and essential commodities. The book is organized into 4 sections on water, food, energy, and the future of sustainability, highlighting the interplay among these topics. The first section emphasizes water desalination, water management, and wastewater treatment. The second section discusses cereal processing, sustainable food security, bioenergy in food production, water and energy consumption in food processing, and mathematical modeling for food undergoing phase changes. The third section discusses fossil fuels, biofuels, synthetic fuels, renewable energy, and carbon capture. Finally, the book concludes with a discussion of the future of sustainability, including coverage of the role of molecular thermodynamics in developing processes and products, green engineering in process systems, petrochemical water splitting, petrochemical approaches to solar hydrogen generation, design and operation strategy of energy-efficient processes, and the sustainability of process, supply chain, and enterprise.

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

Download or read book Smart Robust Operation and Trading of Integrated Energy Systems with Low Pollution Goals written by Kaiping Qu and published by Frontiers Media SA. This book was released on 2024-09-23 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: To mitigate two major environmental concerns of global warming and air pollution, renewable energies with uncertainty are increasingly deployed in power systems, which challenge the system's secure operation. A single system usually has limited adjusting ability. In contrast, integrated energy systems such as electricity-gas, electricity-traffic, electricity-heat, and transmission-distribution coordinated systems enhance the regulating ability of renewable energy accommodation and environmental protection. The operation of integrated energy systems will meet three essential requirements: low-pollution attribute, robustness, and cooperativity. However, the diversity of uncertainty conditions, the complementarity of new energy accommodation among systems, the conflict of interest between systems, and the dispatch autonomy of systems challenge the requirements mentioned above. The main goal of this Research Topic includes: 1. Propose more effective trading mechanisms or control strategies for carbon and air pollutant emissions. 2. Fully use complementary effects between electric power, natural gas, heat, hydrogen, and traffic systems. 3. Realize the coordinated operation of integrated energy systems with limited information interaction and ensured dispatch autonomy. 4. Improve the robustness of integrated energy systems under diversified uncertainty conditions. 5. Apply data-based reinforcement learning methods for the dynamic decision of smart integrated energy systems under complex environments.

Download or read book Renewable Energy in Power Systems written by David Infield and published by John Wiley & Sons. This book was released on 2019-12-03 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: An up to date account of renewable sources of electricity generation and their integration into power systems With the growth in installed capacity of renewable energy (RE) generation, many countries such as the UK are relying on higher levels of RE generation to meet targets for reduced greenhouse gas emissions. In the face of this, the integration issue is now of increasing concern, in particular to system operators. This updated text describes the individual renewable technologies and their power generation characteristics alongside an expanded introduction to power systems and the challenges posed by high levels of penetrations from such technologies, together with an account of technologies and changes to system operation that can ease RE integration. Features of this edition: Covers power conditioning, the characteristics of RE generators, with emphasis on their time varying nature, and the use of power electronics in interfacing RE sources to grids Outlines up to date RE integration issues such as power flow in networks supplied from a combination of conventional and renewable energy sources Updated coverage of the economics of power generation and the role of markets in delivering investment in sustainable solutions Considers the challenge of maintaining power balance in a system with increasing RE input, including recent moves toward power system frequency support from RE sources Offers an insightful perspective on the shape of future power systems including offshore networks and demand side management Includes worked examples that enhance this edition’s suitability as a textbook for introductory courses in RE systems technology Firmly established as an essential reference, the Second Edition of Renewable Energy in Power Systems will prove a real asset to engineers and others involved in both the traditional power and fast growing renewables sector. This text should also be of particular benefit to students of electrical power engineering and will additionally appeal to non-specialists through the inclusion of background material covering the basics of electricity generation.

Download or read book Energy Research Abstracts written by and published by . This book was released on 1989 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book GAO Energy Digest written by United States. General Accounting Office and published by . This book was released on 1977 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Techno economic Methods for Analyzing the Energetic and Economic Effects of Solar Storage and Demand Response written by Arkasama Bandyopadhyay and published by . This book was released on 2020 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growing population, changing climate, urbanization, and rising economic activities have led to an overall increase in electricity demand. Maintaining the balance between supply and this increasing demand often necessitates the usage of old, inefficient, and environmentally-polluting generators as well as the construction of expensive generation, transmission, and distribution infrastructure. Demand response initiatives (e.g. time-varying electricity prices) and distributed energy resources (DERs), like solar photovoltaic panels and onsite energy storage systems, can help offset a portion of this demand while simultaneously reducing harmful emissions. DERs additionally provide a variety of value streams including peak load reduction, energy arbitrage, real time price dispatch, demand charge reduction, congestion management, voltage support, etc. The impact of price-based demand response and DERs at the electricity distribution level is assessed in this dissertation through the following three studies: (1) quantifying the reduction in 4 coincident peak (4CP) loads and Transmission Cost of Service (TCOS) obligations of electric utilities using local distributed solar and storage, (2) evaluating the peak load reduction/shift potential of time-varying electricity pricing in the residential sector, and (3) investigating the combined energetic and economic potential of DERs and time-varying electricity pricing in the residential sector. When the Electric Reliability Council of Texas (ERCOT) peaks for a single 15-minute interval during each summer month between June and September, the loads of individual Distribution Service Providers (DSPs) in the same time interval are recorded. The averages of these DSP loads, defined as 4CP loads [1], are used to calculate TCOS obligations that each DSP must pay Transmission Service Providers (TSPs) in the next calendar year as compensation for using their transmission infrastructure. First, a generalized tool is built to forecast the change of 4CP loads and corresponding TCOS obligations for electric utilities within ERCOT based on varying amounts of solar and storage capacity. The tool is illustrated by using empirical electricity demand data from the municipally-owned utility in Austin, TX (Austin Energy) and solar generation data from the PVWatts calculator developed by the National Renewable Energy Laboratory. TCOS obligations can be on the order of tens of millions of dollars. Results indicate that solar and storage capacity can substantially lower these payments. For example, a 20 MW increase in local solar capacity in 2018 would reduce Austin Energy’s payment by an estimated $180,000 for each subsequent year. By using the novel approach of incorporating coincident peak demand charge reductions at the distribution level, the economic value of local generation and storage is highlighted. Next, a convex optimization model is developed to analyze the potential for time-varying electricity rate structures to reduce and/or shift peak demand in the residential sector. In this model, a household with four major appliances minimizes electricity costs, with marginally increasing penalties for deviating from temperature set-points or operating appliances at inconvenient times. The four specific appliances included are: heating, ventilation and air-conditioning (HVAC) systems, electric water heaters (EWHs), electric vehicles (EVs), and pool pumps (PPs). The study incorporates a one-parameter thermal model of the home and the electric water heater, so that the penalties can apply to the room and water temperatures rather than the total appliance loads. Analysis is performed on a community of 100 single-family detached homes in Austin, TX. These homes each host a combination of the four end-use devices while some also have onsite solar panels. Results show that dynamic pricing effectively shifts the residential peak away from the time of overall peak load across the electricity system, but can have the adverse impact of making the residential peak higher. The energy consumption does not differ significantly across the different rate structures. Thus, it can be inferred that the time-varying rates encourage customers to concentrate their electricity demand within low-price hours to the extent possible without incurring significant inconvenience. By incorporating the novel approach of including monetary value of customer behavior in price-based demand response models, this study builds a tool to realistically quantify peak load reduction and shifts in the residential sector. Finally, the convex optimization model is extended to consider larger sets of distributed technologies that might be deployed in homes and investigate how different combinations of these technologies affect peak grid load, energy consumption from the grid, and emissions in the residential sector under time-varying pricing structures. In the model, households with varied amalgamations of distributed energy technologies minimize electricity costs, amortized capital, and operational costs over a year, with marginally increasing penalties for deviating from room temperature set-points. The four technologies considered are: solar photovoltaic (PV) panels, lithium-ion batteries, ice cold thermal energy storage (CTES), and smart thermostats. Results show that from an economic perspective, it is optimal for residential customers to install solar panels under tiered rates, time-of-use rates, and critical peak prices while it is cheapest to own a combination of solar panels and smart thermostats when real-time prices and demand charges are in effect. The capital and installation costs of both storage systems are still too high to make them economically profitable investments for typical residential customers. Additionally, solar panels are the main instruments to reduce energy purchased from the grid and carbon dioxide emissions under all pricing schemes. Adding smart thermostats can reduce these metrics to a greater extent by making the home energy-efficient. Further, while the energetic effect of the two storage systems can be favorable or detrimental depending upon the load profile of the particular household and the pricing structure, lithium-ion batteries are the main instruments to avoid high demand charges by spreading the demand in the home (and power bought from the grid) evenly to the extent possible without incurring significant customer discomfort. Thus, this study recommends that residential customers invest in solar panels and smart thermostats to minimize overall annual expenditure and make their homes environmentally efficient. Further, as an effective peak load control mechanism, electric utilities should offer significant rebates to encourage residential customer investment in storage systems in addition to subjecting them to demand charges. Electricity generation from intermittent renewable energy sources has grown rapidly worldwide. DER installation levels continue to rise with the decline in capital costs of energy storage systems and local renewable generation assets, the growth of supportive government policies, and rising concerns about climate change among the masses. Additionally, electric utilities are increasingly employing demand response initiatives to curtail and/or shift peak demand. As a whole, the body of work developed in this dissertation can be used by electric utilities to make optimal decisions about dynamic rate design and policies for increased DER adoption. It can also be used by residential electricity customers to maneuver their own energy consumption patterns and assess the economic viability of investing in DERs

Download or read book OECD Economic Surveys Poland 2012 Volume 2012 Issue 7 written by OECD and published by OECD Publishing. This book was released on 2012-03-28 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD's 2012 Economic Survey of Poland examines recent economic developments, policies, and prospects. It also includes special chapters covering climate change and health care.