Advanced Approaches Business Models And Novel Techniques For Management And Control Of Smart Grids

The current power system should be renovated to fulfill social and industrial requests and economic advances. Hence, providing economic, green, and sustainable energy are key goals of advanced societies. In order to meet these goals, recent features of smart grid technologies need to have the potential to improve reliability, flexibility, efficiency, and resiliency. This book aims to address the mentioned challenges by introducing advanced approaches, business models, and novel techniques for the management and control of future smart grids.

The current power system should be renovated to fulfill social and industrial requests and economic advances. Hence, providing economic, green, and sustainable energy are key goals of advanced societies. In order to meet these goals, recent features of smart grid technologies need to have the potential to improve reliability, flexibility, efficiency, and resiliency. This book aims to address the mentioned challenges by introducing advanced approaches, business models, and novel techniques for the management and control of future smart grids.

Placing emphasis on practical “how-to” guidance, this cutting-edge resource provides a first-hand, insider’s perspective on the advent and evolution of smart grids in the 21st century. This book presents engineers, researchers, and students with the building blocks that comprise basic smart grids, including power plant, transmission substation, distribution, and meter automation. Moreover, this forward-looking volume explores the next step of this technology’s evolution. It provides a detailed explanation of how an advanced smart grid incorporates demand response with smart appliances and management mechanisms for distributed generation, energy storage, and electric vehicles. This updated second edition focuses on the disruptive impact of DER. This new edition also includes a glossary with well over 100 acronyms and terms, acknowledging the tremendous challenge for a student of smart energy and smart grid to grasp this complex industry.

This book presents a cross-disciplinary approach to smart grids, offering an invaluable basis for understanding their complexity and potential, and for discussing their technical, legal, economic, societal, psychological and security aspects. Smart grids are a complex phenomenon involving new, active roles for consumers and prosumers, novel social, political and cultural practices, advanced ICT, new markets, security of supply issues, the informational turn in energy, valuation of assets and investments, technological innovation and (de)regulation. Furthermore, smart grids offer new interfaces, in turn creating hybrid fields: with the increasing use of electric vehicles and electric transportation, smart grids represent the crossroads of energy and mobility. While the aim is to achieve more sustainable production, transportation and use of energy, the importance of smart grids actually has less to do with electricity, heat or gas, and far more with transforming the infrastructure needed to deliver energy, as well as the roles of its owners, operators and users. The immediate goal is to contribute positively to a sustainable world society. The chapters are revised and expanded texts based upon lectures delivered at the Groningen Energy Summer School 2014. Questions for further discussion at the end of each chapter highlight the key themes that emerge. The book offers an indispensable resource for researchers, professionals and companies in the power supply industry, and for students seeking to broaden and deepen their understanding of smart grids.

The latest edition features a new chapter on implementation and operation of an integrated smart grid with updates to multiple chapters throughout the text. New sections on Internet of things, and how they relate to smart grids and smart cities, have also been added to the book. It describes the impetus for change in the electric utility industry and discusses the business drivers, benefits, and market outlook of the smart grid initiative. The book identifies the technical framework of enabling technologies and smart solutions and describes the role of technology developments and coordinated standards in smart grid, including various initiatives and organizations helping to drive the smart grid effort. With chapters written by leading experts in the field, the text explains how to plan, integrate, implement, and operate a smart grid.

Smart Energy Grid Engineering provides in-depth detail on the various important engineering challenges of smart energy grid design and operation by focusing on advanced methods and practices for designing different components and their integration within the grid. Governments around the world are investing heavily in smart energy grids to ensure optimum energy use and supply, enable better planning for outage responses and recovery, and facilitate the integration of heterogeneous technologies such as renewable energy systems, electrical vehicle networks, and smart homes around the grid. By looking at case studies and best practices that illustrate how to implement smart energy grid infrastructures and analyze the technical details involved in tackling emerging challenges, this valuable reference considers the important engineering aspects of design and implementation, energy generation, utilization and energy conservation, intelligent control and monitoring data analysis security, and asset integrity. Includes detailed support to integrate systems for smart grid infrastructures Features global case studies outlining design components and their integration within the grid Provides examples and best practices from industry that will assist in the migration to smart grids

This book provides a comprehensive introduction to different elements of smart city infrastructure - smart energy, smart water, smart health, and smart transportation - and how they work independently and together. Theoretical development and practical applications are presented, along with related standards, recommended practices, and professional guidelines. Throughout the book, diagrams and case studies are provided that demonstrate the systems presented, and extensive use of scenarios helps readers better grasp how smart grids, the Internet of Things, big data analytics, and trading models can improve road safety, healthcare, smart water management, and a low-carbon economy. A must-read for practicing engineers, consultants, regulators, utility operators, and environmentalists involved in smart city development, the book will also appeal to city planners and designers, as well as upper-level undergraduate and graduate students studying energy, environmental science, technology, economics, signal processing, information science, and power engineering.

The concept of the smart grid promises the world an efficient and intelligent approach of managing energy production, transportation, and consumption by incorporating intelligence, efficiency, and optimality into the power grid. Both energy providers and consumers can take advantage of the convenience, reliability, and energy savings achieved by real-time and intelligent energy management. To this end, the current power grid is experiencing drastic changes and upgrades. For instance, more significant green energy resources such as wind power and solar power are being integrated into the power grid, and higher energy storage capacity is being installed in order to mitigate the intermittency issues brought about by the variable energy resources. At the same time, novel power electronics technologies and operating strategies are being invented and adopted. For instance, Flexible AC transmission systems and phasor measurement units are two promising technologies for improving the power system reliability and power quality. Demand side management will enable the customers to manage the power loads in an active fashion. As a result, modeling and control of modern power grids pose great challenges due to the adoption of new smart grid technologies. In this book, chapters regarding representative applications of smart grid technologies written by world-renowned experts are included, which explain in detail various innovative modeling and control methods.

Efficient transmission and distribution of electricity is a fundamental requirement for sustainable development and prosperity. The world is facing great challenges regarding the reliable grid integration of renewable energy sources in the 21st century. The electric power systems of the future require fundamental innovations and enhancements to meet these challenges. The European Union’s “Smart Grid” vision provides a first overview of the appropriate deep-paradigm changes in the transmission, distribution and supply of electricity. The book brings together common themes beginning with Smart Grids and the characteristics of new power plants based on renewable energy and /or highly efficient generation principles. It covers the advanced technologies applied today in the transmission and distribution networks and innovative solutions for maintaining today’s high power quality under the challenging conditions of large-scale shares of volatile renewable energy sources in the annual energy balance. Besides considering the new primary and secondary technology solutions and control facilities for the transmission and distribution networks, prospective market conditions allowing network operators and the network users to gain benefits are also discussed. The growing role of information and communication technologies is investigated. The importance of new standards is underlined and the current international efforts in developing a consistent set of standards are described in detail. The presentation of international experiences to apply novel Smart Grid solutions to the practice of network operation concludes this book. The authors of the book worked for many years to develop Smart Grid solutions within national and international projects and to introduce them in the practice of network operations.

In this book, leading experts in power, control and communication systems discuss the most promising recent research in smart grid modeling, control and optimization. The book goes on to the foundation for future advances in this critical field of study.