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This book is the first of its kind to comprehensively describe the principles of demand response. This allows consumers to play a significant role in the operation of the electric grid by reducing or shifting their electricity usage in response to the grid reliability need, time-based rates or other forms of financial incentives. The main contents of the book include modeling of demand response resources, incentive design, scheduling and dispatch algorithms, and impacts on grid operation and planning. Through case studies and illustrative examples, the authors highlight and compare the advantages, disadvantages and benefits that demand response can have on grid operations and electricity market efficiency. First book of its kind to introduce the principles of demand response; Combines theory with real-world applications useful for both professionals and academic researchers; Covers demand response in the context of power system applications.
This book analyzes the economic and technical effects of demand response programs in smart grids. A variety of operational and financial benefits are offered by demand response programs (DRPs) for load-serving entities, grid operators, and electricity consumers. The most notable advantages of DRPs are presented in this book, including decreased electricity prices, risk management, market power mitigation, and flexibility of market operations. In-depth chapters discuss the integration of demand response programs for the planning and operation of smart grids and explore the uncertainties of market prices, renewable resources and intermittent load management, making this a useful reference for a variety of different organizations and players in the electricity market, such as reliability organizations, distribution companies, transmission companies, and electric end-users.
The power system has often been cited as the greatest and most complex machine ever built, yet it is predominantly a mechanical system. Technologies and intelligent systems are now available that can significantly enhance the overall functionality of power distribution and make it ready to meet the needs of the 21st century. This book explains how sensors, communications technologies, computational ability, control, and feedback mechanisms can be effectively combined to create this new, continually adjusting "smart grid" system. It provides an understanding of both IntelliGridSM architecture and EnergyPortSM as well as how to integrate intelligent systems to achieve the goals of reliability, cost containment, energy efficiency in power production and delivery, and end-use energy efficiency.
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.
Discusses concepts of smart grid technologies, from the perspective of integration with cloud computing and data management approaches.
This book presents an application-centric approach to the development of smart grid communication architecture. The coverage includes in-depth reviews of such cutting-edge applications as advanced metering infrastructure, distribution automation, demand response and synchrophasors. Features: examines a range of exciting utility applications made possible through smart grid evolution; describes the core-edge network architecture for smart grids, introducing the concept of WANs and FANs; explains how the network design paradigm for smart grids differs from that for more established data networks, and discusses network security in smart grids; provides an overview of communication network technologies for WANs and FANs, covering OPGW, PLC, and LTE and MPLS technology; investigates secure data-centric data management and data analytics for smart grids; discusses the transformation of a network from conventional modes of utility operation to an integrated network based on the smart grid architecture framework.
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
This book analyzes issues surrounding the efficient integration of demand response programs (DRPs) on operation problems in smart grids. The benefits offered by demand response programs (DRPs) for load-serving entities, grid operators, and electricity consumers are explained, including decreased electricity prices and risk management. In-depth chapters discuss the flexibility of market operations, market power mitigation, and environmental benefits—making this a must-have reference for engineers and related practicing professionals working for organizations in the electricity market, including reliability organizations, distribution companies, transmission companies, and electric end-users.
Smart Power Distribution Systems: Control, Communication, and Optimization explains how diverse technologies work to build and maintain smart grids around the globe. Yang, Yang and Li present the most recent advances in the control, communication and optimization of smart grids and provide unique insight into power system control, sensing and communication, and optimization technologies. The book covers control challenges for renewable energy and smart grids, communication in smart power systems, and optimization challenges in smart power system operations. Each area discussed focuses on the scientific innovations relating to the approaches, methods and algorithmic solutions presented. Readers will develop sound knowledge and gain insights into the integration of renewable energy generation in smart power distribution systems. - Presents the latest technological advances in electric power distribution networks, with a particular focus on methodologies, approaches and algorithms - Provides insights into the most recent research and developments from expert contributors from across the world - Presents a clear and methodical structure that guides the reader through discussion and analysis, providing unique insights and sound knowledge along the way
As power generation and demand develops, adopting and integrating communication and information technology to improve the reliability, efficiency and sustainability of power networks becomes essential. With the US Smart Grid market having doubled in size between 2009 and 2014, this concise book, written by a leading industry researcher, is very timely. This book is a handbook for advanced applications design and integration of new and future technologies into Smart Grids for researchers and engineers in academia and industry, looking to pull together disparate technologies and apply them for greater gains. The book covers Smart Grids as the midpoint in the generation, storage, transmission and distribution process through to database management, communication technologies, intelligent devices and synchronisation.