Distributed Energy Resources in Local Integrated Energy Systems

Distributed Energy Resources in Local Integrated Energy Systems
Author: Giorgio Graditi,Marialaura Di Somma
Publsiher: Elsevier
Total Pages: 452
Release: 2021-02-27
ISBN: 0128242140
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Distributed Energy Resources in Local Integrated Energy Systems Book Excerpt:

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

Planning and Operation of Multi Carrier Energy Networks

Planning and Operation of Multi Carrier Energy Networks
Author: Morteza Nazari-Heris,Somayeh Asadi,Behnam Mohammadi-Ivatloo
Publsiher: Springer Nature
Total Pages: 374
Release: 2021-04-05
ISBN: 3030600866
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Planning and Operation of Multi Carrier Energy Networks Book Excerpt:

This book discusses the optimal design and operation of multi-carrier energy systems, providing a comprehensive review of existing systems as well as proposing new models. Chapters cover the theoretical background and application examples of interconnecting energy technologies such as combined heat and power plants, natural gas-fired power plants, power to gas technology, hydropower plants, and water desalination systems, taking into account the operational and technical constraints of each interconnecting element and the network constraint of each energy system. This book will be a valuable reference for power network and mechanical system professionals and engineers, electrical power engineering researchers and developers, and professionals from affiliated power system planning communities. Provides insight on the design and operation of multi-carrier energy systems; Covers both theoretical aspects and technical applications; Includes case studies to help apply concepts to real engineering situations.

Distributed Energy Resources Management 2018

Distributed Energy Resources Management 2018
Author: Pedro Faria,Zita Vale
Publsiher: MDPI
Total Pages: 286
Release: 2020-01-21
ISBN: 3039281704
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Distributed Energy Resources Management 2018 Book Excerpt:

The Special Issue Distributed Energy Resources Management 2018 includes 13 papers, and is a continuation of the Special Issue Distributed Energy Resources Management. The success of the previous edition shows the unquestionable relevance of distributed energy resources in the operation of power and energy systems at both the distribution level and at the wider power system level. Improving the management of distributed energy resources makes it possible to accommodate the higher penetration of intermittent distributed generation and electric vehicle charging. Demand response programs, namely the ones with a distributed nature, allow the consumers to contribute to the increased system efficiency while receiving benefits. This book addresses the management of distributed energy resources, with a focus on methods and techniques to achieve an optimized operation, in order to aggregate the resources namely in the scope of virtual power players and other types of aggregators, and to remunerate them. The integration of distributed resources in electricity markets is also addressed as an enabler for their increased and efficient use.

Cognitive Hyperconnected Digital Transformation

Cognitive Hyperconnected Digital Transformation
Author: Ovidiu Vermesan,Joël Bacquet
Publsiher: CRC Press
Total Pages: 226
Release: 2022-09-01
ISBN: 1000791823
Category: Computers
Language: EN, FR, DE, ES & NL

Cognitive Hyperconnected Digital Transformation Book Excerpt:

Cognitive Hyperconnected Digital Transformation provides an overview of the current Internet of Things (IoT) landscape, ranging from research, innovation and development priorities to enabling technologies in a global context. It is intended as a standalone book in a series that covers the Internet of Things activities of the IERC-Internet of Things European Research Cluster, including both research and technological innovation, validation and deployment. The book builds on the ideas put forward by the European Research Cluster, the IoT European Platform Initiative (IoT-EPI) and the IoT European Large-Scale Pilots Programme, presenting global views and state-of-the-art results regarding the challenges facing IoT research, innovation, development and deployment in the next years. Hyperconnected environments integrating industrial/business/consumer IoT technologies and applications require new IoT open systems architectures integrated with network architecture (a knowledge-centric network for IoT), IoT system design and open, horizontal and interoperable platforms managing things that are digital, automated and connected and that function in real-time with remote access and control based on Internet-enabled tools. The IoT is bridging the physical world with the virtual world by combining augmented reality (AR), virtual reality (VR), machine learning and artificial intelligence (AI) to support the physical-digital integrations in the Internet of mobile things based on sensors/actuators, communication, analytics technologies, cyber-physical systems, software, cognitive systems and IoT platforms with multiple functionalities. These IoT systems have the potential to understand, learn, predict, adapt and operate autonomously. They can change future behaviour, while the combination of extensive parallel processing power, advanced algorithms and data sets feed the cognitive algorithms that allow the IoT systems to develop new services and propose new solutions. IoT technologies are moving into the industrial space and enhancing traditional industrial platforms with solutions that break free of device-, operating system- and protocol-dependency. Secure edge computing solutions replace local networks, web services replace software, and devices with networked programmable logic controllers (NPLCs) based on Internet protocols replace devices that use proprietary protocols. Information captured by edge devices on the factory floor is secure and accessible from any location in real time, opening the communication gateway both vertically (connecting machines across the factory and enabling the instant availability of data to stakeholders within operational silos) and horizontally (with one framework for the entire supply chain, across departments, business units, global factory locations and other markets). End-to-end security and privacy solutions in IoT space require agile, context-aware and scalable components with mechanisms that are both fluid and adaptive. The convergence of IT (information technology) and OT (operational technology) makes security and privacy by default a new important element where security is addressed at the architecture level, across applications and domains, using multi-layered distributed security measures. Blockchain is transforming industry operating models by adding trust to untrusted environments, providing distributed security mechanisms and transparent access to the information in the chain. Digital technology platforms are evolving, with IoT platforms integrating complex information systems, customer experience, analytics and intelligence to enable new capabilities and business models for digital business.

Hybrid Offline Online Methods for Optimization Under Uncertainty

Hybrid Offline Online Methods for Optimization Under Uncertainty
Author: A. De Filippo
Publsiher: IOS Press
Total Pages: 126
Release: 2022-04-12
ISBN: 1643682636
Category: Computers
Language: EN, FR, DE, ES & NL

Hybrid Offline Online Methods for Optimization Under Uncertainty Book Excerpt:

Balancing the solution-quality/time trade-off and optimizing problems which feature offline and online phases can deliver significant improvements in efficiency and budget control. Offline/online integration yields benefits by achieving high quality solutions while reducing online computation time. This book considers multi-stage optimization problems under uncertainty and proposes various methods that have broad applicability. Due to the complexity of the task, the most popular approaches depend on the temporal granularity of the decisions to be made and are, in general, sampling-based methods and heuristics. Long-term strategic decisions that may have a major impact are typically solved using these more accurate, but expensive, sampling-based approaches. Short-term operational decisions often need to be made over multiple steps within a short time frame and are commonly addressed via polynomial-time heuristics, with the more advanced sampling-based methods only being applicable if their computational cost can be carefully managed. Despite being strongly interconnected, these 2 phases are typically solved in isolation. In the first part of the book, general methods based on a tighter integration between the two phases are proposed and their applicability explored, and these may lead to significant improvements. The second part of the book focuses on how to manage the cost/quality trade-off of online stochastic anticipatory algorithms, taking advantage of some offline information. All the methods proposed here provide multiple options to balance the quality/time trade-off in optimization problems that involve offline and online phases, and are suitable for a variety of practical application scenarios.

Renewable Energy Systems

Renewable Energy Systems
Author: Ahmad Taher Azar,Nashwa Ahmad Kamal
Publsiher: Academic Press
Total Pages: 732
Release: 2021-09-09
ISBN: 0128203986
Category: Computers
Language: EN, FR, DE, ES & NL

Renewable Energy Systems Book Excerpt:

Renewable Energy Systems: Modelling, Optimization and Control aims to cross-pollinate recent advances in the study of renewable energy control systems by bringing together diverse scientific breakthroughs on the modeling, control and optimization of renewable energy systems by leading researchers. The book brings together the most comprehensive collection of modeling, control theorems and optimization techniques to help solve many scientific issues for researchers in renewable energy and control engineering. Many multidisciplinary applications are discussed, including new fundamentals, modeling, analysis, design, realization and experimental results. The book also covers new circuits and systems to help researchers solve many nonlinear problems. This book fills the gaps between different interdisciplinary applications, ranging from mathematical concepts, modeling, and analysis, up to the realization and experimental work. Covers modeling, control theorems and optimization techniques which will solve many scientific issues for researchers in renewable energy Discusses many multidisciplinary applications with new fundamentals, modeling, analysis, design, realization and experimental results Includes new circuits and systems, helping researchers solve many nonlinear problems

Flexible Resources for Smart Cities

Flexible Resources for Smart Cities
Author: Miadreza Shafie-khah,M Hadi Amini
Publsiher: Springer Nature
Total Pages: 189
Release: 2021-11-10
ISBN: 3030827968
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Flexible Resources for Smart Cities Book Excerpt:

This book paves the road for researchers from various areas of engineering working in the realm of smart cities to discuss the intersections in these areas when it comes to infrastructure and its flexibility. The authors lay out models, algorithms and frameworks related to the ‘smartness’ in the future smart cities. In particular, manufacturing firms, electric generation, transmission and distribution utilities, hardware and software computer companies, automation and control manufacturing firms, and other industries will be able to use this book to enhance their energy operations, improve their comfort and privacy, as well as to increase the benefit from the electrical system. The book pertains to researchers, professionals, and R&D in an array of industries.

New Solutions for Smart Grids With High Penetration Distributed Energy Resources

New Solutions for Smart Grids With High Penetration Distributed Energy Resources
Author: Yang Li,Liang Chen,Chao Long
Publsiher: Frontiers Media SA
Total Pages: 186
Release: 2022-02-17
ISBN: 2889744116
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

New Solutions for Smart Grids With High Penetration Distributed Energy Resources Book Excerpt:

Distributed Energy Resources in Microgrids

Distributed Energy Resources in Microgrids
Author: Rajeev Kumar Chauhan,Kalpana Chauhan
Publsiher: Academic Press
Total Pages: 554
Release: 2019-08-17
ISBN: 0128177756
Category: Science
Language: EN, FR, DE, ES & NL

Distributed Energy Resources in Microgrids Book Excerpt:

Distributed Energy Resources in Microgrids: Integration, Challenges and Optimization unifies classically unconnected aspects of microgrids by considering them alongside economic analysis and stability testing. In addition, the book presents well-founded mathematical analyses on how to technically and economically optimize microgrids via distributed energy resource integration. Researchers and engineers in the power and energy sector will find this information useful for combined scientific and economical approaches to microgrid integration. Specific sections cover microgrid performance, including key technical elements, such as control design, stability analysis, power quality, reliability and resiliency in microgrid operation. Addresses the challenges related to the integration of renewable energy resources Includes examples of control algorithms adopted during integration Presents detailed methods of optimization to enhance successful integration

Advances in Information and Communication

Advances in Information and Communication
Author: Kohei Arai,Rahul Bhatia
Publsiher: Springer
Total Pages: 1061
Release: 2019-02-01
ISBN: 303012388X
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Advances in Information and Communication Book Excerpt:

This book presents a remarkable collection of chapters that cover a wide range of topics in the areas of information and communication technologies and their real-world applications. It gathers the Proceedings of the Future of Information and Communication Conference 2019 (FICC 2019), held in San Francisco, USA from March 14 to 15, 2019. The conference attracted a total of 462 submissions from pioneering researchers, scientists, industrial engineers, and students from all around the world. Following a double-blind peer review process, 160 submissions (including 15 poster papers) were ultimately selected for inclusion in these proceedings. The papers highlight relevant trends in, and the latest research on: Communication, Data Science, Ambient Intelligence, Networking, Computing, Security, and the Internet of Things. Further, they address all aspects of Information Science and communication technologies, from classical to intelligent, and both the theory and applications of the latest technologies and methodologies. Gathering chapters that discuss state-of-the-art intelligent methods and techniques for solving real-world problems, along with future research directions, the book represents both an interesting read and a valuable asset.

Advances in Energy System Optimization

Advances in Energy System Optimization
Author: Valentin Bertsch,Wolf Fichtner,Vincent Heuveline,Thomas Leibfried
Publsiher: Springer
Total Pages: 245
Release: 2017-03-16
ISBN: 3319517953
Category: Mathematics
Language: EN, FR, DE, ES & NL

Advances in Energy System Optimization Book Excerpt:

The papers presented in this volume address diverse challenges in energy systems, ranging from operational to investment planning problems, from market economics to technical and environmental considerations, from distribution grids to transmission grids and from theoretical considerations to data provision concerns and applied case studies. The International Symposium on Energy System Optimization (ISESO) was held on November 9th and 10th 2015 at the Heidelberg Institute for Theoretical Studies (HITS) and was organized by HITS, Heidelberg University and Karlsruhe Institute of Technology.

16th International Conference on Soft Computing Models in Industrial and Environmental Applications SOCO 2021

16th International Conference on Soft Computing Models in Industrial and Environmental Applications  SOCO 2021
Author: Hugo Sanjurjo González,Iker Pastor López,Pablo García Bringas,Héctor Quintián,Emilio Corchado
Publsiher: Springer Nature
Total Pages: 832
Release: 2021-09-22
ISBN: 3030878694
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

16th International Conference on Soft Computing Models in Industrial and Environmental Applications SOCO 2021 Book Excerpt:

This book of Advances in Intelligent and Soft Computing contains accepted papers presented at SOCO 2021 conference held in the beautiful and historic city of Bilbao (Spain), in September 2021. Soft computing represents a collection or set of computational techniques in machine learning, computer science, and some engineering disciplines, which investigate, simulate, and analyze very complex issues and phenomena. After a through peer-review process, the 16th SOCO 2021 International Program Committee selected 78 papers which are published in these conference proceedings and represents an acceptance rate of 48%. In this relevant edition, a special emphasis is put on the organization of special sessions. Seven special sessions are organized related to relevant topics as follows: applications of machine learning in computer vision; soft computing applied to autonomous robots and renewable energy systems; optimization, modeling, and control by soft computing techniques (OMCS); challenges and new approaches toward artificial intelligence deployments in real-world scenarios; time series forecasting in industrial and environmental applications (TSF); soft computing methods in manufacturing and management systems and applied machine learning. The selection of papers was extremely rigorous in order to maintain the high quality of the conference, and we would like to thank the members of the program committees for their hard work in the reviewing process. This is a crucial process to the creation of a high standard conference, and the SOCO conference would not exist without their help.

17th International Conference on Soft Computing Models in Industrial and Environmental Applications SOCO 2022

17th International Conference on Soft Computing Models in Industrial and Environmental Applications  SOCO 2022
Author: Pablo García Bringas,Hilde Pérez García,Francisco Javier Martinez-de-Pison,José Ramón Villar Flecha,Alicia Troncoso Lora,Enrique A. de la Cal,Álvaro Herrero,Francisco Martínez Álvarez,Giuseppe Psaila,Héctor Quintián,Emilio S. Corchado Rodriguez
Publsiher: Springer Nature
Total Pages: 676
Release: 2022-11-12
ISBN: 303118050X
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

17th International Conference on Soft Computing Models in Industrial and Environmental Applications SOCO 2022 Book Excerpt:

This book contains accepted papers presented at SOCO 2022 conference held in the beautiful and historic city of Salamanca (Spain), in September 2022. Soft computing represents a collection or set of computational techniques in machine learning, computer science, and some engineering disciplines, which investigate, simulate, and analyze very complex issues and phenomena. After a thorough peer-review process, the 17th SOCO 2022 International Program Committee selected 64 papers which are published in these conference proceedings and represent an acceptance rate of 60%. In this relevant edition, a particular emphasis was put on the organization of special sessions. Seven special sessions were organized related to relevant topics such as machine learning and computer vision in Industry 4.0; time series forecasting in industrial and environmental applications; optimization, modeling, and control by soft computing techniques; soft computing applied to renewable energy systems; preprocessing big data in machine learning; tackling real-world problems with artificial intelligence. The selection of papers was extremely rigorous to maintain the high quality of the conference. We want to thank the members of the program committees for their hard work during the reviewing process. This is a crucial process for creating a high-standard conference; the SOCO conference would not exist without their help.

Distributed Power Generation Scheduling Modelling and Expansion Planning

Distributed Power Generation Scheduling  Modelling and Expansion Planning
Author: Javier Contreras,Gregorio Muñoz-Delgado
Publsiher: MDPI
Total Pages: 172
Release: 2021-06-02
ISBN: 3036507426
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Distributed Power Generation Scheduling Modelling and Expansion Planning Book Excerpt:

Distributed generation is becoming more important in electrical power systems due to the decentralization of energy production. Within this new paradigm, new approaches for the operation and planning of distributed power generation are yet to be explored. This book deals with distributed energy resources, such as renewable-based distributed generators and energy storage units, among others, considering their operation, scheduling, and planning. Moreover, other interesting aspects such as demand response, electric vehicles, aggregators, and microgrid are also analyzed. All these aspects constitute a new paradigm that is explored in this Special Issue.

Advances on P2P Parallel Grid Cloud and Internet Computing

Advances on P2P  Parallel  Grid  Cloud and Internet Computing
Author: Fatos Xhafa,Santi Caballé,Leonard Barolli
Publsiher: Springer
Total Pages: 855
Release: 2017-11-02
ISBN: 3319698354
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Advances on P2P Parallel Grid Cloud and Internet Computing Book Excerpt:

This book presents the latest, innovative research findings on P2P, Parallel, Grid, Cloud, and Internet Computing. It gathers the Proceedings of the 12th International Conference on P2P, Parallel, Grid, Cloud and Internet Computing, held on November 8–10, 2017 in Barcelona, Spain. These computing technologies have rapidly established themselves as breakthrough paradigms for solving complex problems by enabling the aggregation and sharing of an increasing variety of distributed computational resources at large scale. Grid Computing originated as a paradigm for high-performance computing, offering an alternative to expensive supercomputers through different forms of large-scale distributed computing, while P2P Computing emerged as a new paradigm after client-server and web-based computing and has shown to be useful in the development of social networking, B2B (Business to Business), B2C (Business to Consumer), B2G (Business to Government), B2E (Business to Employee), and so on. Cloud Computing has been defined as a “computing paradigm where the boundaries of computing are determined by economic rationale rather than technical limits”. Cloud computing has quickly been adopted in a broad range of application domains and provides utility computing at large scale. Lastly, Internet Computing is the basis of any large-scale distributed computing paradigm; it has very rapidly developed into a flourishing field with an enormous impact on today’s information societies, serving as a universal platform comprising a large variety of computing forms such as Grid, P2P, Cloud and Mobile computing. The aim of the book “Advances on P2P, Parallel, Grid, Cloud and Internet Computing” is to provide the latest findings, methods and development techniques from both theoretical and practical perspectives, and to reveal synergies between these large-scale computing paradigms.

Wireless and Satellite Systems

Wireless and Satellite Systems
Author: Prashant Pillai,Yim Fun Hu,Ifiok Otung,Giovanni Giambene
Publsiher: Springer
Total Pages: 402
Release: 2015-10-08
ISBN: 3319254790
Category: Computers
Language: EN, FR, DE, ES & NL

Wireless and Satellite Systems Book Excerpt:

This book constitutes the proceedings of the 7th International Conference on Wireless and Satellite Services, WiSATS 2015, held in Bradford, UK, in July 2015. The conference was formerly known as the International Conference on Personal Satellite Services (PSATS) mainly covering topics in the satellite domain. As the scope of the conference widened to include wireless systems, the conference was renamed to WiSATS. The 29 revised papers were presented at the conference in three technical sessions and one special session on “Network Coding for Satellites”. WiSATS 2015 also hosted two workshops along with the main conference: The first workshop, Communication Applications in Smart Grid (CASG 2015), focused on the merging area of using communication technology within the electricity power grid for smart monitoring and control. The second workshop, Advanced Next-Generation Broadband Satellite Systems (BSS 2015), focused on the use of satellite systems for providing next-generation broadband services.

Reactive Power Support Using Photovoltaic Systems

Reactive Power Support Using Photovoltaic Systems
Author: Oktoviano Gandhi
Publsiher: Springer Nature
Total Pages: 156
Release: 2020-11-06
ISBN: 3030612511
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Reactive Power Support Using Photovoltaic Systems Book Excerpt:

With the widespread adoption of photovoltaic (PV) systems across the world, many researchers, industry players, and regulators have been exploring the use of reactive power from PV to support the grid. This thesis is the first to comprehensively quantify and analyse the techno-economic cost and benefits of reactive power support using PV. On top of formulating the cost of PV reactive power and identifying the feasible range of its monetary incentives, this thesis has also proposed practical methods to implement the reactive power dispatch effectively and efficiently, with and without communication infrastructure. The findings and approaches in this work can therefore help power system planners and operators towards better integration of PV into the electrical grid, both in terms of regulation and implementation.

Integration of Electric Vehicles and Battery Storage Systems

Integration of Electric Vehicles and Battery Storage Systems
Author: Hrvoje Pandžić
Publsiher: MDPI
Total Pages: 238
Release: 2021-04-22
ISBN: 3036501789
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Integration of Electric Vehicles and Battery Storage Systems Book Excerpt:

Achieving the goal of green and environmentally friendly energy systems is not possible without the concept of energy storage. Such storage should charge when renewable generation, e.g., photovoltaics and wind farms, is abundant and discharge during periods of its scarcity. Although pumped hydropower plants have been widely used as extremely large capacity energy storage, the recent technological developments in lithium-based batteries have made them economically feasible. The major advantages of batteries over a conventional energy storage system, i.e., hydropower, include its modularity and ease of integration with the transport system. This Special Issue is thus focused on both stationary batteries and mobile batteries in electric vehicles. Both should be used to provide flexibility and balancing services to power systems. While stationary batteries are focused solely on the power system, the batteries within electric vehicles need to primarily fulfill the task of providing energy for transportation. This is why their use in power systems is secondary. However, due to generally long parking periods, they can become a detrimental asset in terms of balancing the power system.

Business Information Systems

Business Information Systems
Author: Witold Abramowicz,Adrian Paschke
Publsiher: Springer
Total Pages: 426
Release: 2018-07-11
ISBN: 3319939319
Category: Computers
Language: EN, FR, DE, ES & NL

Business Information Systems Book Excerpt:

This book constitutes the proceedings of the 21st International Conference on Business Information Systems, BIS 2018, held in Berlin, Germany, in July 2018. The BIS conference follows popular research trends, both in the academic and the business domain. Thus the theme of BIS 2018 was "Digital Transformation - An Imperative in Today's Business Markets". The 30 papers presented in this volume were carefully reviewed and selected from 96 submissions. They were organized in topical sections named: big and smart data and artificial intelligence; business and enterprise modeling; ICT project management; process management; smart infrastructures; social media and Web-based business information systems; applications, evaluations, and experiences.

Local Electricity Markets

Local Electricity Markets
Author: Tiago Pinto,Zita Vale,Steve Widergren
Publsiher: Academic Press
Total Pages: 472
Release: 2021-07-03
ISBN: 0128226668
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Local Electricity Markets Book Excerpt:

Local Electricity Markets introduces the fundamental characteristics, needs, and constraints shaping the design and implementation of local electricity markets. It addresses current proposed local market models and lessons from their limited practical implementation. The work discusses relevant decision and informatics tools considered important in the implementation of local electricity markets. It also includes a review on management and trading platforms, including commercially available tools. Aspects of local electricity market infrastructure are identified and discussed, including physical and software infrastructure. It discusses the current regulatory frameworks available for local electricity market development internationally. The work concludes with a discussion of barriers and opportunities for local electricity markets in the future. Delineates key components shaping the design and implementation of local electricity market structure Provides a coherent view on the enabling infrastructures and technologies that underpin local market expansion Explores the current regulatory environment for local electricity markets drawn from a global panel of contributors Exposes future paths toward widespread implementation of local electricity markets using an empirical review of barriers and opportunities Reviews relevant local electricity market case studies, pilots and demonstrators already deployed and under implementation