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.

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.

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.

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.

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).

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.

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.

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.

Download or read book Planning and Operation of Active Distribution Networks written by Antonio Carlos Zambroni de Souza and published by Springer Nature. This book was released on 2022-01-31 with total page 523 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a broad and detailed view about how traditional distribution systems are evolving smart/active systems. The reader will be able to share the view of a number of researchers directly involved in this field. For this sake, philosophical discussions are enriched by the presentation of theoretical and computational tools. A senior reader may incorporate some concepts not available during his/her graduation process, whereas new Engineers may have contact with some material that may be essential to his/her practice as professionals.

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.

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 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.

Download or read book Proceedings of the Cardiff University Engineering Research Conference 2023 written by Emiliano Spezi and published by Cardiff University Press. This book was released on 2024-05-01 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Conference was established for the first time in 2023 as part of a programme of activities to sustain research culture environment and dissemination activities at the School of Engineering, Cardiff University, Cardiff United Kingdom. The conference served as a platform to celebrate advancements in various engineering domains researched at our School, and to explore and discuss further advancements in the diverse fields that define contemporary engineering. The structure of the conference programme reflected the multidimensional nature of our research and was built around the priority research areas for the school. 1. Sustainable Energy stands as a testament to our commitment to a greener, more efficient future. We aim to advance energy technology and play a key role in addressing the increasing demand for sustainable and low carbon technologies while reducing environmental impact and ensuring a sustainable environment. Our work helps to drive forward net-zero solutions for achieving the government carbon targets. 2. Advanced Manufacturing represents cutting-edge research into materials, systems and transformative technologies to transform engineering and economic performance in the transport, energy generation and manufacturing industries. Our research in this area focuses on developing smart materials and structures, and sustainable manufacturing processes that help create a sustainable and greener economy. 3. Civil Infrastructure takes centre stage as we improve the sustainability and resilience of infrastructure across the UK and the globe. We work on developing sustainable and resilient total lifecycle solutions across a wide range of domains including construction, structures, energy, geo-environmental and water infrastructure systems. From creating new nano-scale smart materials to macro-scale urban interventions. 4. Compound Semiconductors and Applications represents the cutting edge of electronics, a critical driver of progress in the digital age. We explore the latest developments in compound semiconductor materials, advanced characterisation techniques, quantum optics and novel circuit design methodologies and their diverse applications. We anticipate breakthroughs that will power the next generation of computing, communication, and sensing technologies. 5. Engineering for Health forms a cornerstone of our discussions, recognizing the pivotal role technology plays in revolutionizing healthcare. We are applying the latest research in medical engineering to push the boundaries in areas where innovation has the potential to transform patient care.

Download or read book Vehicle Electrification in Modern Power Grids written by Vitor Monteiro and published by Elsevier. This book was released on 2024-08-01 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vehicle Electrification in Modern Power Grids: Disruptive Perspectives on Power Electronics Technology and Control Challenges collects the newest advances in technology for electric vehicle integration into one practical volume for professionals and advanced researchers. The book not only summarizes and clarifies legislation and grid codes for the area, but also outlines the modeling and analytical techniques needed, including predicting power converter reliability and its remaining useful life. Specializing in microgrid clusters, the book provides advanced power electronics device technology from wide-band-gap (WBG) to DSP-based digital control platforms and new materials for passive filters. Blending cutting-edge research and practical technology, this book provides a centralized resource for advanced researchers and engineers looking to accelerate vehicle electrification in the power grid. Reveals new, disruptive power electronics and modeling technologies to enable EV integration into the grid Collects guidance on mechanisms for digital control for EV charging and modes of operation, from V2G to G2H Provides legislation and grid codes needed by engineers working on vehicle electrification in power grids

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

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

Download or read book Blockchain Based Smart Grids written by Miadreza Shafie-khah and published by Academic Press. This book was released on 2020-05-14 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain-Based Smart Grids presents emerging applications of blockchain in electrical system and looks to future developments in the use of blockchain technology in the energy market. Rapid growth of renewable energy resources in power systems and significant developments in the telecommunication systems has resulted in new market designs being employed to cover unpredictable and distributed generation of electricity. This book considers the marriage of blockchain and grid modernization, and discusses the transaction shifts in smart grids, from centralized to peer-to-peer structures. In addition, it addresses the effective application of these structures to speed up processes, resulting in more flexible electricity systems. Aimed at moving towards blockchain-based smart grids with renewable applications, this book is useful to researchers and practitioners in all sectors of smart grids, including renewable energy providers, manufacturers and professionals involved in electricity generation from renewable sources, grid modernization and smart grid applications. Considers the current challenges facing smart grids and presents solutions on how blockchain technology could counter these issues Incorporates detailed applications of blockchain in smart grids based on dynamic research and developments Includes models, algorithms, and frameworks to practically demonstrate the uses of blockchain technology Written by a global group of authors for worldwide coverage