Modelling And Analysing The Market Integration Of Flexible Demand And Storage Resources

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Modelling And Analysing The Market Integration Of Flexible Demand And Storage Resources
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Author : Ye Yujian
language : en
Publisher: Springer Nature
Release Date : 2022-07-21
Modelling And Analysing The Market Integration Of Flexible Demand And Storage Resources written by Ye Yujian and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-07-21 with Technology & Engineering categories.
This book provides carefully designed illustrative examples to explain the profound in simpler terms. The emerging smart grid paradigm has paved the way for the wide introduction of flexible demand (FD) and energy storage (ES) technologies in power systems, with significant economic, technical, and environmental benefits that will facilitate efficient transition to the low-carbon future. In the deregulated energy sector, the realization of the significant FD and ES flexibility potential should be coupled with their suitable integration in electricity markets. In this context, previous studies have proposed market clearing mechanisms considering FD and ES participation and demonstrated their impact on the system operation. However, these studies have neglected fundamental market complexities, such as modeling and pricing FD non-convexities as well as modeling and analyzing the role of FD and ES in imperfect markets. This book is dedicated to address the above challenges through the development of novel computational methodologies. It also provides numerous explanatory figures, tables, algorithm flowcharts, and block diagrams for visual aid, which helps the readers to better grasp the working principles of the developed algorithms as well as to form a comprehensive comparison of results.
Modelling And Analysing The Market Integration Of Flexible Demand And Storage Resources
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Author : Ye Yujian
language : en
Publisher:
Release Date : 2022
Modelling And Analysing The Market Integration Of Flexible Demand And Storage Resources written by Ye Yujian and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
This book provides carefully designed illustrative examples to explain the profound in simpler terms. The emerging smart grid paradigm has paved the way for the wide introduction of flexible demand (FD) and energy storage (ES) technologies in power systems, with significant economic, technical, and environmental benefits that will facilitate efficient transition to the low-carbon future. In the deregulated energy sector, the realization of the significant FD and ES flexibility potential should be coupled with their suitable integration in electricity markets. In this context, previous studies have proposed market clearing mechanisms considering FD and ES participation and demonstrated their impact on the system operation. However, these studies have neglected fundamental market complexities, such as modeling and pricing FD non-convexities as well as modeling and analyzing the role of FD and ES in imperfect markets. This book is dedicated to address the above challenges through the development of novel computational methodologies. It also provides numerous explanatory figures, tables, algorithm flowcharts, and block diagrams for visual aid, which helps the readers to better grasp the working principles of the developed algorithms as well as to form a comprehensive comparison of results.
Modelling And Analysing The Market Integration Of Flexible Demand And Storage Resources
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Author : 叶宇剑
language : en
Publisher:
Release Date : 2022
Modelling And Analysing The Market Integration Of Flexible Demand And Storage Resources written by 叶宇剑 and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with Energy storage categories.
International Trade In Sustainable Electricity
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Author : Thomas Cottier
language : en
Publisher: Cambridge University Press
Release Date : 2018-12-06
International Trade In Sustainable Electricity written by Thomas Cottier and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-06 with Law categories.
Cross-border trade in electricity is rapidly expanding as a result of technical innovations, economic and geopolitical developments, and the ongoing decarbonisation of the electricity sector in response to climate change. The expansion of electricity networks and the integration of increasing shares of renewable energy (RE) electricity into the grid have made long-distance electricity flows both feasible and desirable. Drawing on the work of experts in trade and energy law and policy, and offering novel, multidisciplinary perspectives on the rapidly evolving landscape shaping international trade in electricity, this book examines the most important challenges - technical, economic, legal and policy-related - posed by long-distance and sustainable electricity trade. The book explores the regulatory implications of the policy instruments aimed at supporting RE electricity and considers how best to promote greater overall coherence in international electricity governance.
Modeling Practice And Mechanism Design Of Green Energy Systems Towards Sustainable Development
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Author : Jianli Zhou
language : en
Publisher: Frontiers Media SA
Release Date : 2025-03-12
Modeling Practice And Mechanism Design Of Green Energy Systems Towards Sustainable Development written by Jianli Zhou and has been published by Frontiers Media SA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-03-12 with Technology & Engineering categories.
The sustainable development of energy has become a global concern. The energy system, as an extremely important module for production, conversion, transmission, and supply in the energy industry, is facing pressure from deep decarbonization and green transformation. The application of wind power, photovoltaic, hydrogen energy, power-to-gas (P2G) technology, carbon capture, utilization and storage (CCUS) technology will help the energy system achieve the Sustainable Development Goals. Hydrogen energy will become a bridge for various energy conversion, promoting the high-speed flow of green energy. Therefore, modeling practice and mechanism design for green energy systems will become a key area of academic research. The full utilization and consumption of renewable energy generation (e.g., wind and photovoltaic) still face difficulties and challenges, especially the problem of full consumption. The development and layout of multi-energy complementarity, coupling and interaction, and collaborative integrated energy systems can effectively solve the above problems. Therefore, there is an urgent need to study the mechanism, planning and design, optimized operation, development mode, carbon emission reduction, energy policies, and trading mechanisms of integrated energy systems coupled with renewable energy generation and hydrogen energy, to promote its further development and help achieve a clean and sustainable future. This field will integrate the knowledge and methodology from energy science, power electronics, management science and economics.
Economics Of Distributed Storage Systems
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Author : Klaus-Henning Ahlert
language : en
Publisher: KIT Scientific Publishing
Release Date : 2014-08-14
Economics Of Distributed Storage Systems written by Klaus-Henning Ahlert and has been published by KIT Scientific Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-14 with Business & Economics categories.
Increasing the shares of Renewable Energy Sources (RES) and Distributed Energy Resources (DER) is one of the most important levers in many countries to cope with the environmental, political, and economic challenges of future energy supply. The underlying research question of this thesis is whether Distributed Storage Systems (DSS) at the end consumer level can economically foster the integration of intermittent and non-dispatchable resources by providing demand-side flexibility.
Mathematical Modelling Of Contemporary Electricity Markets
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Author : Athanasios Dagoumas
language : en
Publisher: Academic Press
Release Date : 2021-01-30
Mathematical Modelling Of Contemporary Electricity Markets written by Athanasios Dagoumas and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-30 with Political Science categories.
Mathematical Modelling of Contemporary Electricity Markets reviews major methodologies and tools to accurately analyze and forecast contemporary electricity markets in a ways that is ideal for practitioner and academic audiences. Approaches include optimization, neural networks, genetic algorithms, co-optimization, econometrics, E3 models and energy system models. The work examines how new challenges affect power market modeling, including discussions of stochastic renewables, price volatility, dynamic participation of demand, integration of storage and electric vehicles, interdependence with other commodity markets and the evolution of policy developments (market coupling processes, security of supply). Coverage addresses all major forms of electricity markets: day-ahead, forward, intraday, balancing, and capacity. - Provides a diverse body of established techniques suitable for modeling any major aspect of electricity markets - Familiarizes energy experts with the quantitative skills needed in competitive electricity markets - Reviews market risk for energy investment decisions by stressing the multi-dimensionality of electricity markets
Fundamentals And Innovations In Solar Energy
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Author : Sri Niwas Singh
language : en
Publisher: Springer Nature
Release Date : 2021-04-12
Fundamentals And Innovations In Solar Energy written by Sri Niwas Singh and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-04-12 with Technology & Engineering categories.
This book provides recent trends and innovation in solar energy. It covers the basic principles and applications of solar energy systems. Various topics covered in this book include introduction and overview of solar energy, solar PV generation, solar thermal generation, innovative applications of solar energy, smart energy system, smart grid and sustainability, solar energy forecasting, advances in solar battery, thermal storage of solar energy, solar energy pricing, advances in hybrid solar system, solar system tracking for maximum power generation, phase change materials and its application, sensitivity analysis in solar systems, environmental feasibility of solar hybrid systems, regulatory implications of solar energy integration with grid, impact of the photovoltaic integration on the hydrothermal dispatch on power systems and potential and financial evaluation of floating solar PV in Thailand—a case study. This book will be useful for the students, academicians, researchers, policymakers, economists and professionals working in the area of solar energy.
Reliability Modeling And Analysis Of Smart Power Systems
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Author : Rajesh Karki
language : en
Publisher: Springer Science & Business Media
Release Date : 2014-04-07
Reliability Modeling And Analysis Of Smart Power Systems written by Rajesh Karki and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-04-07 with Technology & Engineering categories.
The volume presents the research work in understanding, modeling and quantifying the risks associated with different ways of implementing smart grid technology in power systems in order to plan and operate a modern power system with an acceptable level of reliability. Power systems throughout the world are undergoing significant changes creating new challenges to system planning and operation in order to provide reliable and efficient use of electrical energy. The appropriate use of smart grid technology is an important drive in mitigating these problems and requires considerable research activities, some of which (by researchers from academia and industry) are included in this volume: the reliability appraisal of smart grid technologies and their applications, micro-grids, assessment of plug-in hybrid vehicles and the system effects, smart system protection and reliability evaluation, demand response and smart maintenance of power system equipment.
Energy Market And Energy Transition Dynamics And Prospects
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Author : Xunpeng (Roc) Shi
language : en
Publisher: Frontiers Media SA
Release Date : 2021-06-04
Energy Market And Energy Transition Dynamics And Prospects written by Xunpeng (Roc) Shi and has been published by Frontiers Media SA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-04 with Technology & Engineering categories.