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This book focuses on the business operation of virtual power plants. Both of the business models and reliable operation of virtual power plants have been addressed with engineering practices. This is achieved by providing an in-depth study on several major topics such as load forecasting for distributed energy resources, business model and practice of virtual power plants, the business operation of virtual power plants participating in demand response, and auxiliary service market. The dynamic pricing strategy of virtual power plants and reliable operation of power systems with virtual power plants are provided as well. The comprehensive and systematic treatment in business operation of virtual power plants is one of the major features of the book, which is particularly suited for readers who are interested to learn operation mechanisms of virtual power plants. The book benefits researchers, engineers, and graduate students in the fields of energy internet, electrical engineering, and business administration, etc.
This book provides a general overview of virtual power plants (VPP) as a key technology in future energy communities and active distribution and transmission networks for managing distributed energy resources, providing local and global services, and facilitating market participation of small-scale managing distributed energy resources and prosumers. The book also aims at describing some practical solutions, business models, and novel architectures for the implementation of VPPs in the real world. Each chapter of the book begins with the fundamental structure of the problem required for a rudimentary understanding of the methods described. It provides a clear picture for practical implementation of VPP through novel technologies such as blockchain, digital twin, and distributed ledger technology. The book will help the electrical and power engineers, undergraduate, graduate students, research scholars, and utility engineers to understand the emerging solutions regarding the VPP concept lucidly.
Place to Space is the essential e-business playbook that will give leaders the insight and confidence they need to operate successfully in both place and space. The book explains how traditional companies can adapt their bricks-and-mortar legacies to complement and bolster their online ventures. Based on extensive research into dozens of e-business initiatives, this book provides the first systematic, practical analysis of eight viable e-business models; an adaptable hybrid model for competing against online pure plays; and revolutionary schematic tools for analyzing current business models and evaluating promising new web initiatives. Through illuminating case studies of Lonely Planet, General Electric, CDNow, Reuters, and others, the authors show how each model works in practice--from how it makes money to the core competencies and critical factors required to implement it.
Increased production of energy from renewable sources leads to a need for both new and enhanced capacities for energy transmission and intermediate storage. The book first compares different available storage options and then introduces the power-to-gas concept in a comprehensive overview of the technology. The state of the art, advancements, and future requirements for both water electrolysis and methanation are described. The integration of renewable hydrogen and methane into the gas grid is discussed in terms of the necessary technological measures to be taken. Because the power-to-gas system is very flexible, providing numerous specific applications for different targets within the energy sector, possible business models are presented on the basis of various process chains taking into account different plant scales and operating scenarios. The influence of the scale and the type of the integration of the technology into the existing energy network is highlighted with an emphasis on economic consequences. Finally, legal aspects of the operation and integration of the power-to-gas system are discussed.
This book features selected papers presented at the 5th International Conference on Wireless Communications and Applications (ICWCA 2021), held at Hainan University, China. The book will focus on the presentation of the newest trends and achievements in the development of intelligent algorithms and network technologies in smart communications, with application in underwater communications, IoT-based marine surface communications as well as state-of-the-art real-time precise location technologies, WiFi/Bluetooth locationing, array signal processing and many others.
Fully revised with a new introduction, this book provides an action plan for any company or individual intent on becoming and staying an industry revolutionary. Hamel argues that the fundamental challenge companies face is reinventing themselves and their industries, not just in times of crisis - but continually. Based on an extensive study of "gray-haired revolutionaries," including Charles Schwab, Cisco, Virgin, UPS, Semex, and GE Capital, Leading the Revolution shows how companies can continue to grow and thrive, even in ever-changing turbulent world markets. Distinctive features and benefits to readers: explains the underlying principles of radical innovation; explores where revolutionary new business concepts come from; identifies the key design criteria for building companies that are activist-friendly and revolution-ready; and details the steps your company must take to make innovation an enduring capability. Packed with insight and practical advice, Leading the Revolution shows you how to: get off the treadmill of incrementalism; save your company from becoming a "one-vision wonder"; harness the imagination and passion of every employee; and create vibrant internal markets for ideas, capital, and talent.
Energy systems are transiting from conventional energy systems to modernized and smart energy systems. This Special Issue covers new advances in the emerging technologies for modern energy systems from both technical and management perspectives. In modern energy systems, an integrated and systematic view of different energy systems, from local energy systems and islands to national and multi-national energy hubs, is important. From the customer perspective, a modern energy system is required to have more intelligent appliances and smart customer services. In addition, customers require the provision of more useful information and control options. Another challenge for the energy systems of the future is the increased penetration of renewable energy sources. Hence, new operation and planning tools are required for hosting renewable energy sources as much as possible.