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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
This book offers a vision of the future of electricity supply systems and CIGRɒs views on the know-how that will be needed to manage the transition toward them. A variety of factors are driving a transition of electricity supply systems to new supply models, in particular the increasing use of renewable sources, environmental factors and developments in ICT technologies. These factors suggest that there are two possible models for power network development, and that those models are not necessarily exclusive: 1. An increasing importance of large networks for bulk transmission capable of interconnecting load regions and large centralized renewable generation resources, including offshore and of providing more interconnections between the various countries and energy markets. 2. An emergence of clusters of small, largely self-contained distribution networks, which include decentralized local generation, energy storage and active customer participation, intelligently managed so that they operate as active networks providing local active and reactive support. The electricity supply systems of the future will likely include a combination of the above two models, since additional bulk connections and active distribution networks are needed in order to reach ambitious environmental, economic and security-reliability targets. This concise yet comprehensive reference resource on technological developments for future electrical systems has been written and reviewed by experts and the chairs of the sixteen Study Committees that form the Technical Council of CIGRE.
This book describes the fundamental aspects of the new generation of electrical distribution grids, taking as its starting point the opportunities that exist for restructuring existing infrastructure. It emphasizes the incorporation of renewable energy sources into the distribution grid and the need for a technological evolution towards the implementation of smartgrids. The book is organized into two parts: the first part analyzes the integration of distributed energy sources into the distribution grid and the impact of these sources on grid operation. After a general description of the general characteristics of distribution grids and renewable energy sources, it then analyzes the economics of electrical energy distribution networks and presents the impact of these sources on grid operation. The second part of the book then analyzes the various functions which allow for safe operation of the grid and realization of the path towards real world application of smartgrids.
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.
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 offers a vision of the future of electricity supply systems and CIGRE’s views on the know-how that will be needed to manage the transition toward them. A variety of factors are driving a transition of electricity supply systems to new supply models, in particular the increasing use of renewable sources, environmental factors and developments in ICT technologies. These factors suggest that there are two possible models for power network development, and that those models are not necessarily exclusive: 1. An increasing importance of large networks for bulk transmission capable of interconnecting load regions and large centralized renewable generation resources, including offshore and of providing more interconnections between the various countries and energy markets. 2. An emergence of clusters of small, largely self-contained distribution networks, which include decentralized local generation, energy storage and active customer participation, intelligently managed so that they operate as active networks providing local active and reactive support. The electricity supply systems of the future will likely include a combination of the above two models, since additional bulk connections and active distribution networks are needed in order to reach ambitious environmental, economic and security-reliability targets. This concise yet comprehensive reference resource on technological developments for future electrical systems has been written and reviewed by experts and the Chairs of the sixteen Study Committees that form the Technical Council of CIGRE.
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.
What will electricity and heat demand look like in a low-carbon world? Ambitious environmental targets will modify the shape of the electricity sector in the twenty-first century. 'Smart' technologies and demand-side management will be some of the key features of the future of electricity systems in a low-carbon world. Meanwhile, the social and behavioural dimensions will complement and interact with new technologies and policies. Electricity demand in the future will increasingly be tied up with the demand for heat and for transport. The Future of Electricity Demand looks into the features of the future electricity demand in light of the challenges posed by climate change. Written by a team of leading academics and industry experts, the book investigates the economics, technology, social aspects, and policies and regulations which are likely to characterize energy demand in a low-carbon world. It provides a comprehensive and analytical perspective on the future of electricity demand.
Four decades ago, faced with a series of economic, political and social crises, business and government leaders in Australia and many other nations were convinced by a well organised ideological insurgency of the need for what at first was presented as a series of technical changes in economic policy. However, neoliberalism quickly became a revolutionary agenda for re-ordering the social democratic state. Captured: How neoliberalism transformed the Australian state directs attention to the central role of state power not just to remake markets, but also to remake a broad swathe of political life, social policy and citizenship. In seeking to undermine the power of organised labour and “unleash” market capitalism, neoliberalism promised a surge of competition, productivity and common prosperity. For the wealthy few, this has indeed been an historically unprecedented time of capital accumulation, but for most, the results have been profoundly disappointing. Today, neoliberalism is in crisis. We are living through an age of great instability, disillusionment and despair. Inequality of income and wealth has been rising; a majority of workers have experienced long-term declining relative living standards; corporate political and market power has reached historic levels; and younger generations are increasingly giving up the expectation of attaining the living standards of their parents. The status of prevailing neoliberal ideas and policy is in increasing disarray. But without a coherent understanding of the ideas and interests driving neoliberalism, many people have turned to incoherent populism for an explanation and salvation and, failing that, even to forms of nihilism. Disillusion and anxiety constitute the dominant mood among the economic and policy elites, within Australia and internationally. Captured presents a series of case studies from leading public policy experts, building critical new insights into the malaise that has characterised the neoliberal era. This book tells the story of how a small group of economists and lobby groups with a universalising agenda of radical change used neoliberalism to transform the state, and of the destructive effects of those policies on everyday life. Captured includes critical accounts of neoliberal policy and speculates on the likely future of neoliberalism as a form of political power and governmentality in Australia.
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.