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 Flexible demand for electricity and power written by Nordic Council of Ministers and published by Nordic Council of Ministers. This book was released on 2017-12-19 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demand side flexibility is the ability of power consumers to reduce their demand in periods of peak load, possibly shifting demand to other periods. The organisation for the Nordic energy regulators, NordREG, has ordered this study to explore demand side flexibility in a Nordic perspective. The study contains a literature survey of demand side flexibility and assess the potential for, and benefit of demand side flexibility. Based on the survey, the report highlights implementation barriers and possible contributions from to reducing these barriers. Existing barriers are e.g lack of ICT, automation services, smart meters and real-time prices. The greatest potential for demand side flexibility in the Nordics is within residential space heating. The value of demand side flexibility is uncertain, but may be 1–2 billion SEK per year.

Download or read book Spot Pricing of Electricity written by Fred C. Schweppe and published by Springer Science & Business Media. This book was released on 2013-03-07 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a need for fundamental changes in the ways society views electric energy. Electric energy must be treated as a commodity which can be bought, sold, and traded, taking into account its time-and space-varying values and costs. This book presents a complete framework for the establishment of such an energy marketplace. The framework is based on the use of spot prices. In general terms: o An hourly spot price (in dollars per kilowatt hour) reflects the operating and capital costs of generating, transmitting and distributing electric energy. It varies each hour and from place to place. o The spot price based energy marketplace involves a variety of utility-customer transactions (ranging from hourly varying prices to long-term, multiple-year contracts), all of which are based in a consistent manner on hourly spot prices. These transactions may include customers selling to, as well as buying from, the utility. The basic theory and practical implementation issues associated with a spot price based energy marketplace have been developed and discussed through a number of different reports, theses, and papers. Each addresses only a part of the total picture, and often with a somewhat different notation and terminology (which has evolved in parallel with our growing experience). This book was xvii xviii Preface written to serve as a single, integrated sourcebook on the theory and imple mentation of a spot price based energy marketplace.

Download or read book Demand side Flexibility in Smart Grid written by Roya Ahmadiahangar and published by Springer Nature. This book was released on 2020-05-08 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book highlights recent advances in the identification, prediction and exploitation of demand side (DS) flexibility and investigates new methods of predicting DS flexibility at various different power system (PS) levels. Renewable energy sources (RES) are characterized by volatile, partially unpredictable and mostly non-dispatchable generation. The main challenge in terms of integrating RES into power systems is their intermittency, which negatively affects the power balance. Addressing this challenge requires an increase in the available PS flexibility, which in turn requires accurate estimation of the available flexibility on the DS and aggregation solutions at the system level. This book discusses these issues and presents solutions for effectively tackling them.

Download or read book Flexibility in Electric Power Distribution Networks written by Hassan Haes Alhelou and published by CRC Press. This book was released on 2021-07-15 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses flexibility issues in modern and future Smart power systems. Discusses flexible smart distribution grid with renewable-based distributed generation. Explains high penetration level of renewable energy sources and flexibility issues. Highlights flexibility based on energy storages, demand response, and plug-in electric vehicles. Describes Flexibility sources in modern power systems.

Download or read book Flexitranstore written by Bálint Németh and published by Springer Nature. This book was released on 2020-01-14 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book comprises 10 high-level papers on research and innovation within the Flexitranstore Project that were presented at the FLEXITRANSTORE special session organized as part of the 21st International Symposium on High Voltage Engineering. FLEXITRANSTORE (An Integrated Platform for Increased FLEXIbility in smart TRANSmission grids with STORage Entities and large penetration of Renewable Energy Sources) aims to contribute to the development of a pan-European transmission network with high flexibility and high interconnection levels. This will facilitate the transformation of the current energy production mix by hosting an increasing share of renewable energy sources. Novel smart grid technologies, control and storage methods, and new market approaches will be developed, installed, demonstrated, and tested introducing flexibility to the European power system. FLEXITRANSTORE is developing a next-generation Flexible Energy Grid (FEG) that will be integrated into the European Internal Energy Market (IEM) through the valorization of flexibility services. This FEG addresses the capabilities of a power system to maintain continuous service in the face of rapid and large swings in supply or demand. As such, a wholesale market infrastructure and new business models within this integrated FEG must be upgraded for network players, and offer incentives for new ones to join, while at the same time demonstrating new business perspectives for cross-border resource management and energy trading.

Download or read book Advances in Energy System Optimization written by Valentin Bertsch and published by Springer. This book was released on 2017-03-16 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers presented in this volume address diverse challenges in energy systems, ranging from operational to investment planning problems, from market economics to technical and environmental considerations, from distribution grids to transmission grids and from theoretical considerations to data provision concerns and applied case studies. The International Symposium on Energy System Optimization (ISESO) was held on November 9th and 10th 2015 at the Heidelberg Institute for Theoretical Studies (HITS) and was organized by HITS, Heidelberg University and Karlsruhe Institute of Technology.

Download or read book Building Energy Flexibility and Demand Management written by Zhenjun Ma and published by Elsevier. This book was released on 2023-02-10 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building Energy Flexibility and Demand Management looks at the high penetration of intermittent renewable energy sources and the need for increased flexibility. Ensuring electrical power systems adapt to dynamic energy demand and supply conditions, the book supports the transition to a renewable energy future with current fluctuating power generation. By facilitating the penetration of renewable energy sources into the building sector and balancing electricity supply with demand in real-time, this book will provide fundamental concepts, theories, and methods to understand, quantify, design and optimize building energy flexibility. In addition, the book also provides case studies with emerging technologies to enhance building energy flexibility and demonstrate how demand management strategies can utilize energy flexibility for demand reduction and load shifting. It will be useful for all those researchers and engineers working in flexible energy systems and advanced demand side management strategies. Focuses on how renewable energy and storage technologies can be appropriately designed and optimized to increase building energy flexibility Discusses how building energy flexibility can contribute to reduced operating costs and grid optimization Details how to effectively implement building energy flexibility for demand response, peak demand reduction and peak load shifting

Download or read book Modelling and Analysing the Market Integration of Flexible Demand and Storage Resources written by Ye Yujian and published by Springer Nature. This book was released on 2022-07-21 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides carefully designed illustrative examples to explain the profound in simpler terms. The emerging smart grid paradigm has paved the way for the wide introduction of flexible demand (FD) and energy storage (ES) technologies in power systems, with significant economic, technical, and environmental benefits that will facilitate efficient transition to the low-carbon future. In the deregulated energy sector, the realization of the significant FD and ES flexibility potential should be coupled with their suitable integration in electricity markets. In this context, previous studies have proposed market clearing mechanisms considering FD and ES participation and demonstrated their impact on the system operation. However, these studies have neglected fundamental market complexities, such as modeling and pricing FD non-convexities as well as modeling and analyzing the role of FD and ES in imperfect markets. This book is dedicated to address the above challenges through the development of novel computational methodologies. It also provides numerous explanatory figures, tables, algorithm flowcharts, and block diagrams for visual aid, which helps the readers to better grasp the working principles of the developed algorithms as well as to form a comprehensive comparison of results.

Download or read book International Trade in Sustainable Electricity written by Thomas Cottier and published by Cambridge University Press. This book was released on 2017-06 with total page 509 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the regulatory challenges posed by the changing landscape of electricity trade to the multilateral trading system.

Download or read book The Future of Electricity Demand written by Tooraj Jamasb and published by Cambridge University Press. This book was released on 2011-09-15 with total page 507 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a comprehensive and analytical perspective on the future of electricity demand in a low-carbon world.

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 474 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

Download or read book Green Energy Choices written by United Nations Publications and published by UN. This book was released on 2016 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents the first in-depth international comparative assessment of the environmental and resource impacts of different energy technologies, modelled over the whole life cycle of each technology, from cradle to grave.

Download or read book The European Dimension of Germany s Energy Transition written by Erik Gawel and published by Springer. This book was released on 2019-02-07 with total page 559 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the interactions between Germany’s energy transition and the EU’s energy policy framework. It seeks to analyze the manifold connections between the prospects of the proclaimed “Energy Union” and the future of Germany’s energy transition, and identifies relevant lessons for the transformation at the EU level that can be learned from the case of Germany, as a first-mover of transforming energy systems towards renewables. The various repercussions (political, economic and systemic) from the national transition are explored within the EU context as it responds to the German transition, taking into account both existing frictions and potential synergies between predominantly national sustainability policies and the EU’s push towards harmonized policies within a common market. The book’s overall aim is to identify the most critical issues, in order to avoid pitfalls and capitalize on opportunities.

Download or read book Simulation Approach Towards Energy Flexible Manufacturing Systems written by Jan Beier and published by Springer. This book was released on 2017-03-23 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authored monograph provides in-depth analysis and methods for aligning electricity demand of manufacturing systems to VRE supply. The book broaches both long-term system changes and real-time manufacturing execution and control, and the author presents a concept with different options for improved energy flexibility including battery, compressed air and embodied energy storage. The reader will also find a detailed application procedure as well as an implementation into a simulation prototype software. The book concludes with two case studies. The target audience primarily comprises research experts in the field of green manufacturing systems.

Download or read book Fundamentals of Power System Economics written by Daniel S. Kirschen and published by John Wiley & Sons. This book was released on 2018-07-04 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new edition of the classic text explaining the fundamentals of competitive electricity markets—now updated to reflect the evolution of these markets and the large scale deployment of generation from renewable energy sources The introduction of competition in the generation and retail of electricity has changed the ways in which power systems function. The design and operation of successful competitive electricity markets requires a sound understanding of both power systems engineering and underlying economic principles of a competitive market. This extensively revised and updated edition of the classic text on power system economics explains the basic economic principles underpinning the design, operation, and planning of modern power systems in a competitive environment. It also discusses the economics of renewable energy sources in electricity markets, the provision of incentives, and the cost of integrating renewables in the grid. Fundamentals of Power System Economics, Second Edition looks at the fundamental concepts of microeconomics, organization, and operation of electricity markets, market participants’ strategies, operational reliability and ancillary services, network congestion and related LMP and transmission rights, transmission investment, and generation investment. It also expands the chapter on generation investments—discussing capacity mechanisms in more detail and the need for capacity markets aimed at ensuring that enough generation capacity is available when renewable energy sources are not producing due to lack of wind or sun. Retains the highly praised first edition’s focus and philosophy on the principles of competitive electricity markets and application of basic economics to power system operating and planning Includes an expanded chapter on power system operation that addresses the challenges stemming from the integration of renewable energy sources Addresses the need for additional flexibility and its provision by conventional generation, demand response, and energy storage Discusses the effects of the increased uncertainty on system operation Broadens its coverage of transmission investment and generation investment Updates end-of-chapter problems and accompanying solutions manual Fundamentals of Power System Economics, Second Edition is essential reading for graduate and undergraduate students, professors, practicing engineers, as well as all others who want to understand how economics and power system engineering interact.

Download or read book The Power of Change written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2016-09-30 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity, supplied reliably and affordably, is foundational to the U.S. economy and is utterly indispensable to modern society. However, emissions resulting from many forms of electricity generation create environmental risks that could have significant negative economic, security, and human health consequences. Large-scale installation of cleaner power generation has been generally hampered because greener technologies are more expensive than the technologies that currently produce most of our power. Rather than trade affordability and reliability for low emissions, is there a way to balance all three? The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies considers how to speed up innovations that would dramatically improve the performance and lower the cost of currently available technologies while also developing new advanced cleaner energy technologies. According to this report, there is an opportunity for the United States to continue to lead in the pursuit of increasingly clean, more efficient electricity through innovation in advanced technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies makes the case that America's advantagesâ€"world-class universities and national laboratories, a vibrant private sector, and innovative states, cities, and regions that are free to experiment with a variety of public policy approachesâ€"position the United States to create and lead a new clean energy revolution. This study focuses on five paths to accelerate the market adoption of increasing clean energy and efficiency technologies: (1) expanding the portfolio of cleaner energy technology options; (2) leveraging the advantages of energy efficiency; (3) facilitating the development of increasing clean technologies, including renewables, nuclear, and cleaner fossil; (4) improving the existing technologies, systems, and infrastructure; and (5) leveling the playing field for cleaner energy technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies is a call for leadership to transform the United States energy sector in order to both mitigate the risks of greenhouse gas and other pollutants and to spur future economic growth. This study's focus on science, technology, and economic policy makes it a valuable resource to guide support that produces innovation to meet energy challenges now and for the future.