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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
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 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.
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.
Distributed Energy Resources in Local Integrated Energy Systems: Optimal Operation and Planning reviews research and policy developments surrounding the optimal operation and planning of DER in the context of local integrated energy systems in the presence of multiple energy carriers, vectors and multi-objective requirements. This assessment is carried out by analyzing impacts and benefits at local levels, and in distribution networks and larger systems. These frameworks represent valid tools to provide support in the decision-making process for DER operation and planning. Uncertainties of RES generation and loads in optimal DER scheduling are addressed, along with energy trading and blockchain technologies. Interactions among various energy carriers in local energy systems are investigated in scalable and flexible optimization models for adaptation to a number of real contexts thanks to the wide variety of generation, conversion and storage technologies considered, the exploitation of demand side flexibility, emerging technologies, and through the general mathematical formulations established. - Integrates multi-energy DER, including electrical and thermal distributed generation, demand response, electric vehicles, storage and RES in the context of local integrated energy systems - Fosters the integration of DER in the electricity markets through the concepts of DER aggregation - Addresses the challenges of emerging paradigms as energy communities and energy blockchain applications in the current and future energy landscape - Proposes operation optimization models and methods through multi-objective approaches for fostering short- and long-run sustainability of local energy systems - Assesses and models the uncertainties of renewable resources and intermittent loads in the short-term decision-making process for smart decentralized energy systems
This reference presents information about different facets of IoT and blockchain systems that have been recently proposed for practical situations. Chapters provide knowledge about how these technologies are applied in functions related to trust management, identity management, security threats, access control and privacy. Key Features: - Introduces the reader to fundamental concepts of IoT and blockchain technology - reports advances in the field of IoT, ubiquitous computing and blockchain computing - includes the applications of different frameworks - explains the role of blockchains in improving IT security - provides examples of smart grids, data transmission models, digital business platforms, agronomics and big data solutions - Includes references for further reading Blockchain Applications for Secure IoT Frameworks Technologies Shaping the Future is a handy reference for information technology professionals and students who want updated information about applications of IoT and blockchains in secure operational and business processes.
Bridging the technical and the economical worlds of the energy sector and establishing a solid understanding of today's energy supply as a complex system– with these missions in mind, the book at hand compactly describes the fundamentals of electrical power supply in a dialogue between technology and non-technology, between academia and practitioners, and between nations and continents. Today, energy supply is a complex global system – it is time for a dialogue of the disciplines. In this book, experts explain in an understandable manner the technical foundations and selected specific aspects of today's electrical power supply. Each chapter supplies a fundamental introduction in layman's terms to the topic and serves technical specialists both as a reference and as an opportunity to expand their knowledge. Practical examples and case studies complete the compendium. Technology and economics in the energy sector work on the same questions out of different perspectives. The increasing complexity and interconnections and the epochal upheavals in the energy sector make a comprehensive understanding of the energy sector as a system an essential requirement. This necessitates an ongoing and successful dialogue between the disciplines and between academia and practitioners. To that aim, this book serves both as a compact reference for everyone interested in the energy sector and as a true translation aid between the professional disciplines.
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.