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Decentralized Frameworks for Future Power Systems: Operation, Planning and Control Perspectives is the first book to consider the principles and applications of decentralized decision-making in future power networks. The work opens by defining the emerging power system network as a system-of-systems (SoS), exploring the guiding principles behind optimal solutions for operation and planning problems. Chapters emphasize the role of regulations, prosumption behaviors, and the implementation of transactive energy processes as key components in decentralizing power systems. Contributors explore local markets, distribution system operation and proactive load management. The role of cryptocurrencies in smoothing transactive distributional challenges are presented. Final sections cover energy system planning, particularly in terms of consumer smart meter technologies and distributed optimization methods, including artificial intelligence, meta-heuristic, heuristic, mathematical and hybrid approaches. The work closes by considering decentralization across the cybersecurity, distributed control, market design and power quality optimization vertices. - Develops a novel framework for transactive energy management to enhance flexibility in future power systems - Explores interactions between multiple entities in local power markets based on a distributed optimization approach - Focuses on practical optimization, planning and control of smart grid systems towards decentralized decision-making
This book constitutes the proceedings of Third International Conference on Information Systems and Design, ICID 2022, which took place in Tashkent, Uzbekistan, in September 2022. The 12 papers presented in this volume were carefully reviewed and selected from 35 submissions. They were organized in topical sections as follows: methodological support of analysis and management tools: theoretical-focused research; and digital transformation of enterprises based on analysis and management tools: practical-focused research.
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.
The Future of Decentralized Electricity Distribution Networks assesses the evolution of the services delivered by the distribution network as demands placed on it proliferates from distributed, self-generating, power storing and power sharing 'consumers' – which Sioshansi terms 'prosumagers'. The work outlines the processes by which passive and homogeneous electricity consumers become prosumers and prosumagers, the nature of their service needs, and dependence on the services delivered by the distribution network diverges. Contributors assess how consumers are discovering and exercising options to migrate away from total reliance on upstream generators to produce electricity and on the delivery network for its transmission. As they do so, the "utilities" – be they distributors or retailers – must rethink the traditional utility business model. How will they find sufficient revenues to cover their fixed and variable costs as volumetric consumption declines when some consumers become prosumers – or go a step further and become prosumagers? This work argues that new service, business models and new methods for collecting sufficient revenues to maintain the network are mandatory for the survival of modern utilities. - Examines the future of services demanded by electricity customers as some diverge from their traditional total reliance on the network for delivery of all their service needs - Reviews the emergence of new business models to meet the diverging needs of customers - Explores the costs imposed by new types of customers on the delivery network and how to collect sufficient revenues from all to maintain it in ways that are efficient, equitable and fair
Power refers to the ability of an individual or group to influence the behavior of others. Power exists in various forms, such as social, economic, political, and physical power. It is an essential element in human relationships, and it shapes the interactions between people in different social contexts. Power can be seen as a tool that is used to achieve certain ends, either for the benefit of the individual or group that possesses it or for the benefit of the broader community. The distribution of power in society can also have significant effects on social justice and equality. Therefore, a better understanding of power is crucial for individuals to navigate their social and political environments effectively. The study of power has been a central concern in political science, sociology, and psychology. Theories of power attempt to explain how power operates in different contexts, and how it shapes social relations. The concept of power is often associated with concepts such as authority, domination, and control. Scholars have also explored the dynamics of power in interpersonal relationships, organizations, and institutions, and how power can be used to achieve positive outcomes, such as social change and collective action. It is essential to recognize that power is not necessarily negative or harmful, but it can also be harnessed for the public good.
Sustainable Energy Democracy and the Law offers a legal account of the concept of sustainable energy democracy. The book explains what the concept means in a legal context and how it can be translated into concrete legal instruments.
The energy system is undergoing a fundamental transformation – from fossil to renewable energy, from central power plants to distributed, decentralised generation facilities such as rooftop solar panels or wind parks, from utilities to private residents as producers of energy, and from analogue to digital. This book looks at the energy transformation from two complementary angles: governance and business model innovation. On the one side, governance is a decisive factor for the success of the transformation because it can act as an accelerator, or it can delay the process. On the other side, entrepreneurs and corporate decision-makers provide new business models for a decentralised energy world. Based on best practices, country studies and interviews with CEOs and founders of startups from all over the world, the “Global Game Changer” suggests eight key principles for political decision-makers to successfully implement the transformation, and six core competencies for corporate decision-makers to thrive in the new marketplace.
Advances in Smart Grid Power System: Network, Control and Security discusses real world problems, solutions, and best practices in related fields. The book includes executable plans for smart grid systems, their network communications, tactics on protecting information, and response plans for cyber incidents. Moreover, it enables researchers and energy professionals to understand the future of energy delivery systems and security. Covering fundamental theory, mathematical formulations, practical implementations, and experimental testing procedures, this book gives readers invaluable insights into the field of power systems, their quality and reliability, their impact, and their importance in cybersecurity. - Includes supporting illustrations and tables along with valuable end of chapter reference sets - Provides a working guideline for the design and analysis of smart grids and their applications - Features experimental testing procedures in smart grid power systems, communication networks, reliability, and cybersecurity
This book gathers selected high-quality research papers presented at the 2nd International Conference on Advanced Computing Applications (ICACA 2021), held virtually during 27––28 March 2021. The book is divided into four sections. These are communication and computing, signal processing and multimedia, computational intelligence and data analytics and decision computing. The topics covered are advanced communication technologies, IoT-based systems and applications, network security and reliability, virtualization technologies, compressed sensors and multimedia applications, signal image and video processing, machine learning, pattern recognitions, intelligent computing, big data analytics, analytics in bio-computing, AI-driven 6G mobile wireless networks and autonomous driving.