The Economics Of Microgrids
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The Economics Of Microgrids
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Author : Amin Khodaei
language : en
Publisher: John Wiley & Sons
Release Date : 2023-10-04
The Economics Of Microgrids written by Amin Khodaei and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-10-04 with Technology & Engineering categories.
THE ECONOMICS OF MICROGRIDS An incisive and practical exploration of the engineering economics of microgrids In The Economics of Microgrids, a pair of distinguished researchers delivers an expert discussion of the microeconomic perspectives on microgrids in the context of low-carbon, sustainable energy delivery. In the book, readers will explore an engineering economics framework on the investment decisions and capital expenditure analyses required for an assessment of microgrid projects. The authors also examine economic concepts and models for minimizing microgrid operation costs, including the cost of local generation resources and energy purchases from main grids to supply local loads. The book presents economic models for the expansion of microgrids under load and market price uncertainties, as well as discussions of the economics of resilience in microgrids for optimal operation during outages and power disturbances. Readers will also find: A thorough introduction to the engineering and economics of microgrids Comprehensive explorations of microgrid planning under uncertainty Practical discussions of microgrid expansion planning, operations management, and renewable energy integration Fulsome treatments of asset management and resilience economics in microgrids Perfect for senior undergraduate and graduate students as well as researchers studying power system design, The Economics of Microgrids will also benefit professionals working in the power system industry and government regulators and policymakers with an interest in microgrid technologies and infrastructure.
The Economics Of Microgrids
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Author : Amin Khodaei
language : en
Publisher: John Wiley & Sons
Release Date : 2023-10-24
The Economics Of Microgrids written by Amin Khodaei and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-10-24 with Technology & Engineering categories.
THE ECONOMICS OF MICROGRIDS An incisive and practical exploration of the engineering economics of microgrids In The Economics of Microgrids, a pair of distinguished researchers delivers an expert discussion of the microeconomic perspectives on microgrids in the context of low-carbon, sustainable energy delivery. In the book, readers will explore an engineering economics framework on the investment decisions and capital expenditure analyses required for an assessment of microgrid projects. The authors also examine economic concepts and models for minimizing microgrid operation costs, including the cost of local generation resources and energy purchases from main grids to supply local loads. The book presents economic models for the expansion of microgrids under load and market price uncertainties, as well as discussions of the economics of resilience in microgrids for optimal operation during outages and power disturbances. Readers will also find: A thorough introduction to the engineering and economics of microgrids Comprehensive explorations of microgrid planning under uncertainty Practical discussions of microgrid expansion planning, operations management, and renewable energy integration Fulsome treatments of asset management and resilience economics in microgrids Perfect for senior undergraduate and graduate students as well as researchers studying power system design, The Economics of Microgrids will also benefit professionals working in the power system industry and government regulators and policymakers with an interest in microgrid technologies and infrastructure.
The Microgrid Revolution
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Author : Mahesh P. Bhave Ph.D.
language : en
Publisher: Bloomsbury Publishing USA
Release Date : 2016-10-11
The Microgrid Revolution written by Mahesh P. Bhave Ph.D. and has been published by Bloomsbury Publishing USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-10-11 with Business & Economics categories.
What kinds (according to U.S. News & World Report) of clean electricity initiatives—ones that make sense on public policy and business strategy levels—could overcome the hurdles in shifting away from the entrenched electricity and petroleum-based transport industries in the United States? This book explores the tremendous opportunities of the new electricity revolution that looks to threaten the century-old business models of our existing power production infrastructure. The electricity industry, having been in place for more than 100 years, has established tremendous power and influence. But as solar- and wind-based energy businesses gain small footholds and expand their impact, the incumbent electricity businesses face fundamental challenges that threaten their century-old business models. Will technological advances and the motivation to control climate change finally effect a revolution in the electricity markets? This unique book proposes public policy- and business strategy-level initiatives that could overcome the structural impediments that prevail in the current electricity industries and predicts the important changes to come in the immediate and distant future. In The Microgrid Revolution: Business Strategies for Next-Generation Electricity, author Mahesh P. Bhave explains the current state of electricity production, identifies its widespread problems, and proposes a specific approach and particular solution to the puzzle of supplying clean energy for the 21st-century world. The introductory chapters lay the groundwork for the author's provocative thesis, and the concluding chapters elaborate on it with broad implications. By examining the subject material from the perspectives of public policy and regulatory concerns, corporate strategy, industry structure changes, innovation, and climate change as well as from a technological angle, readers from diverse industries and professional backgrounds will be able to understand how the coming electricity revolution is something we all have the power to influence.
Distributed Energy Resources In Microgrids
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Author : Rajeev Kumar Chauhan
language : en
Publisher: Academic Press
Release Date : 2019-08-20
Distributed Energy Resources In Microgrids written by Rajeev Kumar Chauhan and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-20 with Science categories.
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.
The Economics Of Climate Resilience In Power Infrastructure
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Author : Ali Arabnya
language : en
Publisher: John Wiley & Sons
Release Date : 2025-01-29
The Economics Of Climate Resilience In Power Infrastructure written by Ali Arabnya and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-01-29 with Business & Economics categories.
Full-scope economic perspectives on planning, operations management, and maintenance of climate resilience building measures in power infrastructure The Economics of Climate Resilience in Electric Power Infrastructure sheds light on the engineering economics of climate adaptation in electric power infrastructure by covering the relevant decision-making processes involved in managing risk and resilience in these systems. The book offers a system-level perspective along with detailed modeling of the most pressing resilience issues, while also providing detailed numerical examples on small test systems throughout the text to help readers see the outcomes of models. The book starts with an introduction to risk management and the techno-economic considerations for resilience building measures in power systems. Next, economic concepts and mechanisms for managing climate risk in power systems are introduced. Afterward, an economic model for resilience investment in these systems against climate shocks is presented. The authors then discuss an economic asset management model for long-term resilience building in critical infrastructure assets. Subsequently, an economic model for operations management during disasters is proposed, followed by a model for post-disaster restoration. Written by a pair of distinguished thought leaders, the book explores other topics such as: Microgrid applications for decentralization, along with an economic model for resilience-oriented microgrid operations A deep defense framework for climate risk management in power systems, along with other factors influencing their operational and financial resilience Essential climate risk financing mechanisms and techno-economic factors in managing risk and resilience in the face of wildfires, heat waves, and hurricanes Steps for utility and infrastructure owners to recover from climate shocks and natural disasters, for the benefit of shareholders, ratepayers, and policymakers The Economics of Climate Resilience in Electric Power Infrastructure is an essential resource on the subject for industry practitioners, R&D engineers, infrastructure planners, and graduate students seeking to incorporate the economics of resilience with engineering solutions to streamline the success of climate adaptation measures in the power and energy industry.
Research Trends And Challenges In Smart Grids
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Author : Alfredo Vaccaro
language : en
Publisher: BoD – Books on Demand
Release Date : 2020-01-15
Research Trends And Challenges In Smart Grids written by Alfredo Vaccaro and has been published by BoD – Books on Demand this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-01-15 with Technology & Engineering categories.
This book introduces the most promising enabling technologies and methodologies for smart grids. It not only focuses on technological breakthroughs and roadmaps in implementing these technologies, but also presents the much-needed sharing of best practices, demonstrating the potential role of smart grid functions in improving the technical, economic, and environmental performance of modern power distribution systems. This can be achieved by allowing for massive pervasion of dispersed generating units, increasing the hosting capacity of renewable power generators, reducing active power losses and atmospheric emissions, and improving system flexibility.
Microgrids
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Author : Ghous Bakhsh Narejo
language : en
Publisher: CRC Press
Release Date : 2021-10-11
Microgrids written by Ghous Bakhsh Narejo and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-11 with Technology & Engineering categories.
This book addresses the needs of researchers on the fundamental level as well as those with more advanced knowledge of microgrids and their evolution. This book covers newly emerging trends in fields such as computer science, energy, electrical engineering, and electronics and brings the reader current on the newly emerging fields that play an important role in the power infrastructure. Microgrids: Design, Challenges, and Prospects provides knowledge on decision making for newly evolving trends in microgrid design. It discusses techniques on how to improve the existing power quality and reduce load shedding and power imbalances. The book presents the emerging fields such as data science, machine learning, AI, and IT that now play an important role in microgrid design. The readership includes: researchers, academia, practicing engineers, consumers, power companies, and policy makers located across the globe.
Microgrids And Active Distribution Networks
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Author : S. Chowdhury
language : en
Publisher: IET
Release Date : 2009-06-24
Microgrids And Active Distribution Networks written by S. Chowdhury and has been published by IET this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-06-24 with Technology & Engineering categories.
Microgrids and Active Distribution Networks offer a potential solution for sustainable, energy-efficient power supply to cater for increasing load growth, supplying power to remote areas, generation of clean power and reduction in emission of greenhouse gases & particulates as per Kyoto protocol.
Microgrids
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Author : Nikos Hatziargyriou
language : en
Publisher: John Wiley & Sons
Release Date : 2014-03-03
Microgrids written by Nikos Hatziargyriou and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-03-03 with Technology & Engineering categories.
Microgrids are the most innovative area in the electric power industry today. Future microgrids could exist as energy-balanced cells within existing power distribution grids or stand-alone power networks within small communities. A definitive presentation on all aspects of microgrids, this text examines the operation of microgrids – their control concepts and advanced architectures including multi-microgrids. It takes a logical approach to overview the purpose and the technical aspects of microgrids, discussing the social, economic and environmental benefits to power system operation. The book also presents microgrid design and control issues, including protection and explaining how to implement centralized and decentralized control strategies. Key features: original, state-of-the-art research material written by internationally respected contributors unique case studies demonstrating success stories from real-world pilot sites from Europe, the Americas, Japan and China examines market and regulatory settings for microgrids, and provides evaluation results under standard test conditions a look to the future – technical solutions to maximize the value of distributed energy along with the principles and criteria for developing commercial and regulatory frameworks for microgrids Offering broad yet balanced coverage, this volume is an entry point to this very topical area of power delivery for electric power engineers familiar with medium and low voltage distribution systems, utility operators in microgrids, power systems researchers and academics. It is also a useful reference for system planners and operators, manufacturers and network operators, government regulators, and postgraduate power systems students. CONTRIBUTORS Thomas Degner Aris Dimeas Alfred Engler Nuno Gil Asier Gil de Muro Guillermo Jiménez-Estévez George Kariniotakis George Korres André Madureira Meiqin Mao Chris Marnay Jose Miguel Yarza Satoshi Morozumi Alexander Oudalov Frank van Overbeeke Rodrigo Palma Behnke Joao Abel Pecas Lopes Fernanda Resende John Romankiewicz Christine Schwaegerl Nikos Soultanis Liang Tao Antonis Tsikalakis
Real Options
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Author : Lenos Trigeorgis
language : en
Publisher:
Release Date : 1998
Real Options written by Lenos Trigeorgis and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Capital budget categories.