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Demand Response in Smart Grids

Demand Response in Smart Grids PDF Author: Pengwei Du
Publisher: Springer
ISBN: 3030197697
Category : Technology & Engineering
Languages : en
Pages : 260

Book Description
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.

Demand Response in Smart Grids

Demand Response in Smart Grids PDF Author: Pengwei Du
Publisher: Springer
ISBN: 3030197697
Category : Technology & Engineering
Languages : en
Pages : 260

Book Description
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.

Demand Response Application in Smart Grids

Demand Response Application in Smart Grids PDF Author: Sayyad Nojavan
Publisher: Springer Nature
ISBN: 3030313999
Category : Business & Economics
Languages : en
Pages : 287

Book Description
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.

Integration of Demand Response into the Electricity Chain

Integration of Demand Response into the Electricity Chain PDF Author: Arturo Losi
Publisher: John Wiley & Sons
ISBN: 1119245583
Category : Science
Languages : en
Pages : 296

Book Description
The concept of Demand Response (DR) generally concerns methodologies, technologies and commercial arrangements that could allow active participation of consumers in the power system operation. The primary aim of DR is thus to overcome the “traditional” inflexibility of electrical demand and, amongst others, create a new powerful tool to maximize deployment of renewable energy sources as well as provide active network management solutions to help reducing the impact of limited grid capabilities. DR allows consumers to actively participate in power system operation, thus bringing new opportunities in emerging energy markets as well as tangible system benefits. In this sense, DR is considered one of the key enablers of the Smart Grid concept. However, DR also poses a number of challenges, particularly when “active demand” is connected to the Low Voltage network, thus affecting all the actors involved in the electricity chain. This book presents for the first time a comprehensive view on technical methodologies and architectures, commercial arrangements, and socio-economic and regulatory factors that could facilitate the uptake of DR. The work is developed in a systematic way so as to create a comprehensive picture of challenges, benefits and opportunities involved with DR. The reader will thus be provided with a clear understanding of the complexity deriving from a demand becoming active, as well as with a quantitative assessment of the techno-economic value of the proposed solutions in a Smart Grid context. Many research contributions have appeared in recent years in the field of DR, both in journals and conference proceedings. However, most publications focus on individual aspects of the problem. A systematic treatment of the issues to be tackled to introduce DR in existing electricity grids, involving the extended value chain in terms of technical and commercial aspects, is still missing. Also, several books have recently been published about Smart Grid, in which there is some mention to DR. However, again while DR is seen as a key pillar for the Smart Grid, there is no dedicated, comprehensive and systematic contribution in this respect.

Smart Metering and Demand Response

Smart Metering and Demand Response PDF Author: Yenjae Chang
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description
By providing real-time information on electricity usage, smart meters have the potential to empower consumers to make more informed decisions about their energy consumption. This can lead to adjustments in their usage behavior towards a level that optimizes utility. However, the effectiveness of smart meters in changing consumers' electricity usage behavior may vary based on their current usage patterns. Despite some empirical studies suggesting a reduction in electricity consumption with smart meters, the overall impact has been found to be small or negligible. To shed light on this issue, our study investigates the reasons behind this phenomenon using smart meter data from Korea. Our empirical analysis supports theoretical predictions that the impact of demand response with enhanced awareness from smart metering depends on the relative discrepancy between actual electricity consumption and the optimal level of consumption. This is one of the reasons why the overall impact of smart meters has been found to be negligible. Therefore, while smart meters have the potential to be effective in reducing electricity consumption, the degree of impact may vary depending on the individual consumer's current usage patterns. Understanding these factors can help utilities and policymakers to design more effective strategies to encourage energy-efficient behaviors.

Demand Response Application in Smart Grids

Demand Response Application in Smart Grids PDF Author: Sayyad Nojavan
Publisher: Springer Nature
ISBN: 3030321045
Category : Business & Economics
Languages : en
Pages : 290

Book Description
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.

The Smart Grid

The Smart Grid PDF Author: Clark W. Gellings
Publisher: CRC Press
ISBN: 1000355314
Category : Business & Economics
Languages : en
Pages : 182

Book Description
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.

Advanced Applications for Smart Energy Systems Considering Grid-Interactive Demand Response

Advanced Applications for Smart Energy Systems Considering Grid-Interactive Demand Response PDF Author: Angèle Reinders
Publisher: MDPI
ISBN: 3039219987
Category : Science
Languages : en
Pages : 152

Book Description
This book covers applied research on smart energy systems, smart grids, smart energy homes, smart energy products and services, and the advanced applications thereof, in the context of demand response and grid interactions. In particular, this book is focused on interdisciplinary research results that combine technical, social, environmental, and economic aspects of smart energy systems and smart energy products. Moreover, several chapters are based on the evaluation of real life cases, energy pilots, prototypes of smart energy products, and end user surveys and interviews.

Optimizing and Measuring Smart Grid Operation and Control

Optimizing and Measuring Smart Grid Operation and Control PDF Author: Recioui, Abdelmadjid
Publisher: IGI Global
ISBN: 179984028X
Category : Technology & Engineering
Languages : en
Pages : 400

Book Description
Smart grid (SG), also called intelligent grid, is a modern improvement of the traditional power grid that will revolutionize the way electricity is produced, delivered, and consumed. Studying key concepts such as advanced metering infrastructure, distribution management systems, and energy management systems will support the design of a cost-effective, reliable, and efficient supply system, and will create a real-time bidirectional communication means and information exchange between the consumer and the grid operator of electric power. Optimizing and Measuring Smart Grid Operation and Control is a critical reference source that presents recent research on the operation, control, and optimization of smart grids. Covering topics that include phase measurement units, smart metering, and synchrophasor technologies, this book examines all aspects of modern smart grid measurement and control. It is designed for engineers, researchers, academicians, and students.

Smart Metering Applications

Smart Metering Applications PDF Author: Nikolaos Efkarpidis
Publisher: Springer Nature
ISBN: 3031057376
Category : Technology & Engineering
Languages : en
Pages : 147

Book Description
This book presents a large number of smart metering applications from the points of view of different stakeholders. The applications are clustered with respect to three types of stakeholders: (a) end-customers, (b) energy service providers, and (c) authorities/research institutions or other organizations. The goal of the book is to examine the implementation potential for each application, considering the interests and benefits for the key stakeholders, main technical and regulatory requirements, as well as limitations and barriers. A business case for each application is created that can provide guidelines to the stakeholders involved in its realization. The book additionally investigates current business models for smart metering applications. A survey on the current techno-economic potential of such applications is conducted based on a questionnaire filled by various stakeholders. The book will be of interest to academic/research institutions, but also engineers in industry, authorities or other organizations.

Smart Metering Technology and Services

Smart Metering Technology and Services PDF Author: Moustafa Eissa
Publisher: BoD – Books on Demand
ISBN: 953512451X
Category : Technology & Engineering
Languages : en
Pages : 172

Book Description
Global energy context has become more and more complex in the last decades; the raising prices of fuels together with economic crisis, new international environmental and energy policies that are forcing companies. Nowadays, as we approach the problem of global warming and climate changes, smart metering technology has an effective use and is crucial for reaching the 2020 energy efficiency and renewable energy targets as a future for smart grids. The environmental targets are modifying the shape of the electricity sectors in the next century. The smart technologies and demand side management are the key features of the future of the electricity sectors. The target challenges are coupling the innovative smart metering services with the smart meters technologies, and the consumers' behaviour should interact with new technologies and polices. The book looks for the future of the electricity demand and the challenges posed by climate changes by using the smart meters technologies and smart meters services. The book is written by leaders from academia and industry experts who are handling the smart meters technologies, infrastructure, protocols, economics, policies and regulations. It provides a promising aspect of the future of the electricity demand. This book is intended for academics and engineers who are working in universities, research institutes, utilities and industry sectors wishing to enhance their idea and get new information about the smart meters.