Download or read book Probabilistic Power System Expansion Planning with Renewable Energy Resources and Energy Storage Systems written by Jaeseok Choi and published by John Wiley & Sons. This book was released on 2021-10-12 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: Probabilistic Power System Expansion Planning with Renewable Energy Resources and Energy Storage Systems Discover how modern techniques have shaped complex power system expansion planning with this one-stop resource from two experts in the field Probabilistic Power System Expansion Planning with Renewable Energy Resources and Energy Storage Systems delivers a comprehensive collection of innovative approaches to the probabilistic planning of generation and transmission systems under uncertainties. The book includes renewables and energy storage calculations when using probabilistic and deterministic reliability techniques to assess system performance from a long-term expansion planning viewpoint. Divided into two sections, the book first covers topics related to Generation Expansion Planning, with chapters on cost assessment, methodology and optimization, and more. The second and final section provides information on Transmission System Expansion Planning, with chapters on reliability constraints, probabilistic production cost simulation, and more. Probabilistic Power System Expansion Planning compares the optimization and methodology across dynamic, linear, and integer programming and explores the branch and bound algorithm. Along with case studies to demonstrate how the techniques described within have been applied in complex power system expansion planning problems, readers will enjoy: A thorough discussion of generation expansion planning, including cost assessment, methodology and optimization, and probabilistic production cost An exploration of transmission system expansion planning, including the branch and bound algorithm, probabilistic production cost simulation for TEP, and TEP with reliability constraints An examination of fuzzy decision making applied to transmission system expansion planning A treatment of probabilistic reliability-based grid expansion planning of power systems including wind turbine generators Perfect for power and energy systems designers, planners, operators, consultants, practicing engineers, software developers, and researchers, Probabilistic Power System Expansion Planning with Renewable Energy Resources and Energy Storage Systems will also earn a place in the libraries of practicing engineers who regularly deal with optimization problems.

Download or read book Transmission Expansion Planning The Network Challenges of the Energy Transition written by Sara Lumbreras and published by Springer Nature. This book was released on 2020-11-19 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a panoramic look at the transformation of the transmission network in the context of the energy transition. It provides readers with basic definitions as well as details on current challenges and emerging technologies. In-depth chapters cover the integration of renewables, the particularities of planning large-scale systems, efficient reduction and solution methods, the possibilities of HVDC and super grids, distributed generation, smart grids, demand response, and new regulatory schemes. The content is complemented with case studies that highlight the importance of the power transmission network as the backbone of modern energy systems. This book will be a comprehensive reference that will be useful to both academics and practitioners.

Download or read book Joint RES and Distribution Network Expansion Planning Under a Demand Response Framework written by Javier Contreras and published by Academic Press. This book was released on 2016-04-27 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Joint RES and Distribution Network Expansion Planning Under a Demand Response Framework explains the implementation of the algorithms needed for joint expansion planning of distributed generation and distribution network models, discussing how to expand the generation and distribution network by adding renewable generation, demand response, storage units, and new assets (lines and substations) so that the current and future energy supply in islands is served at a minimum cost, and with quality requirements. This book discusses the outcomes of the models discussed, including factors such as the location and size of new generation assets to be installed. It also introduces other issues relevant to the planning of insular distribution systems, including DR and hybrid storage. DR and ESS will play a much more significant role in future expansion planning models, where the present study stresses their relevance, including additional considerations to the planning model. Investigates the costs and benefits of deploying energy storage systems (ESS) and DR Explores distribution and generation expansion planning Analyzes and addresses power flow constraints and the impact of real time pricing mechanisms Details the RES integration challenge at length

Download or read book Harnessing Variable Renewables written by Organisation for Economic Co-operation and Development and published by Organization for Economic Co-Operation & Developme. This book was released on 2011 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Power systems must be actively managed to maintain a steady balance between supply and demand. This is already a complex task as demand varies continually. But what happens when supply becomes more variable and less certain, as with some renewable sources of electricity like wind and solar PV that fluctuate with the weather? to what extent can the resources that help power systems cope with the challenge of variability in demand also be applied to variability of supply? How large are these resources? and what share of electricity supply from variable renewables can they make possible? There is no one-size-fits-all answer. the ways electricity is produced, transported and consumed around the world exhibit great diversity. Grids can cross borders, requiring co-ordinated international policy, or can be distinct within a single country or region. and whether found in dispatchable power plants, storage facilities, interconnections for trade or on the demand side, the flexible resource that ensures the provision of reliable power in the face of uncertainty likewise differs enormously. Written for decision makers, Harnessing Variable Renewables: a Guide to the Balancing Challenge sheds light on managing power systems with large shares of variable renewables. It presents a new, step-by-step approach developed by the IEA to assess the flexibility of power systems, which identifies the already present resources that could help meet the twin challenges of variability and uncertainty.

Download or read book Generation Expansion Planning with Renewable Energy written by Navdeep Dhaliwal and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "Increasing penetration of renewable energy in the power grid is creating new challenges for generation planning. High levels of renewable energy - primarily wind and solar - results in high levels of uncertainty and variability at time scales as fast as seconds to minutes. As a result, conventional generation needs to have adequate flexibility to maintain the balance between supply and demand at fast time scales. Therefore, while planning the future conventional generation mix, a problem known as generation expansion planning (GEP), it is important for power system planners to incorporate flexibility. In particular, it is valuable to include high temporal resolution operational details into GEP in order to ensure that conventional generators will have sufficient flexibility to be able to counteract the intra-hour fluctuations in renewable generation. The main challenge for incorporating intra-hour operational details into GEP is that for existing formulations the problem size scales dramatically as the temporal resolution increases, leading to prohibitively high computational cost. To address this challenge, this dissertation proposes a novel, computationally efficient GEP formulation which ensures the selected generation mix has sufficient capacity and intra-hour flexibility to balance the variations in renewable generation. The method proceeds by using historical data to develop time-independent bounds on ramp (MW/5 min) as a function of load and renewable generation (MW). The solution quality of the proposed approach is validated using the IEEE RTS test case by comparison with two existing GEP techniques - unit clustering and representative weeks - and by assessing its sensitivity to generation parameters. The method yields generation mixes with costs as low or lower than the alternatives, but with much faster run times and including higher temporal resolution. The proposed approach is then extended to a novel problem: including investment in renewable generation as a decision variable, so that planners can make the optimal selection of both conventional and renewable generation. Results are shown for both wind and solar generation. A novel load shaping technique is developed to use demand response to contribute to countering the effect of renewable variability, and its impact on the displacement of conventional generation and on renewable energy integration is illustrated. Finally, the GEP with renewable investment is extended to a 25 year planning horizon which includes the retiring of existing units at the ends of their lifetimes and bringing new generation online in the years it is needed, while still ensuring sufficient intra-hour (5 minute) flexibility. Its performance is demonstrated on the IEEE RTS test case"--

Download or read book Generation and Transmission Expansion Planning for Renewable Energy Integration written by and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years the expansion planning problem has become increasingly complex. As expansion planning (sometimes called composite or integrated resource planning) is a non-linear and non-convex optimization problem, researchers have traditionally focused on approximate models of power flows to solve the problem. The problem has also been split into generation expansion planning (GEP) and transmission network expansion planning (TNEP) to improve computational tractability. Until recently these approximations have produced results that are straight-forward to combine and adapt to the more complex and complete problem. However, the power grid is evolving towards a state where the adaptations are no longer easy (e.g. large amounts of limited control, renewable generation, comparable generation and transmission construction costs) and necessitates new approaches. Recent work on deterministic Discrepancy Bounded Local Search (DBLS) has shown it to be quite effective in addressing the TNEP. In this paper, we propose a generalization of DBLS to handle simultaneous generation and transmission planning.

Download or read book Column Generation written by Guy Desaulniers and published by Springer Science & Business Media. This book was released on 2006-03-20 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Column Generation is an insightful overview of the state of the art in integer programming column generation and its many applications. The volume begins with "A Primer in Column Generation" which outlines the theory and ideas necessary to solve large-scale practical problems, illustrated with a variety of examples. Other chapters follow this introduction on "Shortest Path Problems with Resource Constraints," "Vehicle Routing Problem with Time Window," "Branch-and-Price Heuristics," "Cutting Stock Problems," each dealing with methodological aspects of the field. Three chapters deal with transportation applications: "Large-scale Models in the Airline Industry," "Robust Inventory Ship Routing by Column Generation," and "Ship Scheduling with Recurring Visits and Visit Separation Requirements." Production is the focus of another three chapters: "Combining Column Generation and Lagrangian Relaxation," "Dantzig-Wolfe Decomposition for Job Shop Scheduling," and "Applying Column Generation to Machine Scheduling." The final chapter by François Vanderbeck, "Implementing Mixed Integer Column Generation," reviews how to set-up the Dantzig-Wolfe reformulation, adapt standard MIP techniques to the column generation context (branching, preprocessing, primal heuristics), and deal with specific column generation issues (initialization, stabilization, column management strategies).

Download or read book Optimal Operation and Control of Power Systems Using an Algebraic Modelling Language written by Nnamdi Nwulu and published by Springer Nature. This book was released on 2021-01-04 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents mathematical models of demand-side management programs, together with operational and control problems for power and renewable energy systems. It reflects the need for optimal operation and control of today’s electricity grid at both the supply and demand spectrum of the grid. This need is further compounded by the advent of smart grids, which has led to increased customer/consumer participation in power and renewable energy system operations. The book begins by giving an overview of power and renewable energy systems, demand-side management programs and algebraic modeling languages. The overview includes detailed consideration of appliance scheduling algorithms, price elasticity matrices and demand response incentives. Furthermore, the book presents various power system operational and control mathematical formulations, incorporating demand-side management programs. The mathematical formulations developed are modeled and solved using the Advanced Interactive Multidimensional Modeling System (AIMMS) software, which offers a powerful yet simple algebraic modeling language for solving optimization problems. The book is extremely useful for all power system operators and planners who are concerned with optimal operational procedures for managing today’s complex grids, a context in which customers are active participants and can curb/control their demand. The book details how AIMMS can be a useful tool in optimizing power grids and also offers a valuable research aid for students and academics alike.

Download or read book Sustainable Power Generation written by Nikolay Belyakov and published by Academic Press. This book was released on 2019-06-26 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable Power Generation: Current Status, Future Challenges and Perspectives addresses emerging problems faced by the transition to sustainable electricity generation and combines perspectives of engineering and economics to provide a well-rounded overview. This book features an in-depth discussion of the main aspects of sustainable energy and the infrastructure of existing technologies. It goes on to evaluate natural resources that are sustainable and convenient forms of energy, and finishes with an investigation of the environmental effects of energy systems and power generating systems of the future. Other sections tackle fundamental topics such as thermal power, nuclear energy, bioenergy, hydropower, challenges and risks to sustainable options and emerging technologies that support global power trends. Sustainable Power Generation explores the future of sustainable electricity generation, highlighting topics such as energy justice, emerging competences, and major transitions that need to be navigated. This is an ideal reference for researchers, engineers, and other technical specialists working in the energy sector, as well as environmental specialists and policy makers. Provides a multidisciplinary, structured approach to electricity generation, focusing on the key areas of technology, business, project management and sustainability Includes analytics and discussions of sustainability metrics, underlying issues and challenges Presents business cases, offering a mix of academic depth and practicality on energy options

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 452 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.

Download or read book Electricity from Renewable Resources written by National Research Council and published by National Academies Press. This book was released on 2010-04-05 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: A component in the America's Energy Future study, Electricity from Renewable Resources examines the technical potential for electric power generation with alternative sources such as wind, solar-photovoltaic, geothermal, solar-thermal, hydroelectric, and other renewable sources. The book focuses on those renewable sources that show the most promise for initial commercial deployment within 10 years and will lead to a substantial impact on the U.S. energy system. A quantitative characterization of technologies, this book lays out expectations of costs, performance, and impacts, as well as barriers and research and development needs. In addition to a principal focus on renewable energy technologies for power generation, the book addresses the challenges of incorporating such technologies into the power grid, as well as potential improvements in the national electricity grid that could enable better and more extensive utilization of wind, solar-thermal, solar photovoltaics, and other renewable technologies.

Download or read book Robust Portfolio Optimization and Management written by Frank J. Fabozzi and published by John Wiley & Sons. This book was released on 2007-04-27 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for Robust Portfolio Optimization and Management "In the half century since Harry Markowitz introduced his elegant theory for selecting portfolios, investors and scholars have extended and refined its application to a wide range of real-world problems, culminating in the contents of this masterful book. Fabozzi, Kolm, Pachamanova, and Focardi deserve high praise for producing a technically rigorous yet remarkably accessible guide to the latest advances in portfolio construction." --Mark Kritzman, President and CEO, Windham Capital Management, LLC "The topic of robust optimization (RO) has become 'hot' over the past several years, especially in real-world financial applications. This interest has been sparked, in part, by practitioners who implemented classical portfolio models for asset allocation without considering estimation and model robustness a part of their overall allocation methodology, and experienced poor performance. Anyone interested in these developments ought to own a copy of this book. The authors cover the recent developments of the RO area in an intuitive, easy-to-read manner, provide numerous examples, and discuss practical considerations. I highly recommend this book to finance professionals and students alike." --John M. Mulvey, Professor of Operations Research and Financial Engineering, Princeton University

Download or read book Transmission Expansion for Renewable Energy Scale Up written by Marcelino Madrigal and published by World Bank Publications. This book was released on 2012-06-29 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: In their efforts to increase the share of renewable in electricity grids to reducing emissions or increasing energy diversity, developed and developing countries are finding that a considerable scale-up of investments in transmission infrastructures will be necessary to achieve their goals. Renewable energy resources such as wind, solar, and hydro power, tend to be sited far from existing electricity grids and consumption centers. Achieving desired supply levels from these sources requires that networks be expanded to reach many sites and to ensuring the different supply variation patterns of renewable are combined with existing sources in the grid to ensure the constantly varying demand for electricity is always met. Expanding networks will be crucial to achieve renewable energy objectives efficiency and effectively. Efficiency is important to ensure renewable energy goals are achieved at the lowest cost while considering needed investment in transmission. Besides the cost of transmission, which is often worth, transmission needs be planned and built in such a way that the many sites being taped are connected in a timely fashion. The challenges of ensuring efficiency and efficacy in developing transmission for renewable become surmountable if the right planning and regulatory framework for expanding transmission are put in place. This report reviews emerging approaches being undertaken by transmission utilities and regulators to solve to cope with these challenges of expanding transmission for renewable energy scale-up. Proactively planning and regulating transmission networks are emerging as the premier approach to ensure that transmission networks are expanded efficiently and effectively. Linking planning with clear and stable cost-recovery regulation can also help bringing the private sector to complement the considerable investment needs in transmission. Based on the evolving experience and on established theory and practice on transmission regulation, the report also proposes some principles that could be useful to implement specific rules for the planning, development, and pricing of transmission networks.

Download or read book Investment in Electricity Generation and Transmission written by Antonio J. Conejo and published by Springer. This book was released on 2016-06-10 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an in-depth analysis of investment problems pertaining to electric energy infrastructure, including both generation and transmission facilities. The analysis encompasses decision-making tools for expansion planning, reinforcement, and the selection and timing of investment options. In this regard, the book provides an up-to-date description of analytical tools to address challenging investment questions such as: How can we expand and/or reinforce our aging electricity transmission infrastructure? How can we expand the transmission network of a given region to integrate significant amounts of renewable generation? How can we expand generation facilities to achieve a low-carbon electricity production system? How can we expand the generation system while ensuring appropriate levels of flexibility to accommodate both demand-related and production-related uncertainties? How can we choose among alternative production facilities? What is the right time to invest in a given production or transmission facility? Written in a tutorial style and modular format, the book includes a wealth of illustrative examples to facilitate comprehension. It is intended for advanced undergraduate and graduate students in the fields of electric energy systems, operations research, management science, and economics. Practitioners in the electric energy sector will also benefit from the concepts and techniques presented here.

Download or read book Analytics and Optimization for Renewable Energy Integration written by Ning Zhang and published by CRC Press. This book was released on 2019-02-21 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: The scope of this book covers the modeling and forecast of renewable energy and operation and planning of power system with renewable energy integration.The first part presents mathematical theories of stochastic mathematics; the second presents modeling and analytic techniques for renewable energy generation; the third provides solutions on how to handle the uncertainty of renewable energy in power system operation. It includes advanced stochastic unit commitment models to acquire the optimal generation schedule under uncertainty, efficient algorithms to calculate the probabilistic power, and an efficient operation strategy for renewable power plants participating in electricity markets.

Download or read book Designing Effective and Efficient Incentive Policies for Renewable Energy in Generation Expansion Planning written by Ying Zhou and published by . This book was released on 2010 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Integration of Renewable and Distributed Energy Resources in Power Systems written by Tomás Gómez San Román and published by MDPI. This book was released on 2020-12-02 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: The electric power sector is poised for transformative changes. Improvements in the cost and performance of a range of distributed energy generation (DG) technologies and the potential for breakthroughs in distributed energy storage (DS) are creating new options for onsite power generation and storage, driving increasing adoption and impacting utility distribution system operations. In addition, changing uses and use patterns for electricity—from plug-in electric vehicles (EVs) to demand response (DR)—are altering demands placed on the electric power system. Finally, the infusion of new information and communications technology (ICT) into the electric system and its markets is enabling the collection of immense volumes of data on power sector operations and use; unprecedented control of generation, networks, and loads; and new opportunities for the delivery of energy services. In this Special Issue of Energies, research papers on topics related to the integration of distributed energy resources (DG, DS, EV, and DR) are included. From technologies to software tools to system-wide evaluations, the impacts of all aforementioned distributed resources on both operation and planning are examined.