Virtual Power Plants And Electricity Markets
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Scheduling And Operation Of Virtual Power Plants
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Author : Ali Zangeneh
language : en
Publisher: Elsevier
Release Date : 2022-01-25
Scheduling And Operation Of Virtual Power Plants written by Ali Zangeneh and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-25 with Technology & Engineering categories.
Scheduling and Operation of Virtual Power Plants: Technical Challenges and Electricity Markets provides a multidisciplinary perspective on recent advances in VPPs, ranging from required infrastructures and planning to operation and control. The work details the required components in a virtual power plant, including smartness of power system, instrument and information and communication technologies (ICTs), measurement units, and distributed energy sources. Contributors assess the proposed benefits of virtual power plant in solving problems of distributed energy sources in integrating the small, distributed and intermittent output of these units. In addition, they investigate the likely technical challenges regarding control and interaction with other entities. Finally, the work considers the role of VPPs in electricity markets, showing how distributed energy resources and demand response providers can integrate their resources through virtual power plant concepts to effectively participate in electricity markets to solve the issues of small capacity and intermittency. The work is suitable for experienced engineers, researchers, managers and policymakers interested in using VPPs in future smart grids. Explores key enabling technologies and infrastructures for virtual power plants in future smart energy systems Reviews technical challenges and introduces solutions to the operation and control of VPPs, particularly focusing on control and interaction with other power system entities Introduces the key integrating role of VPPs in enabling DER powered participative electricity markets
Virtual Power Plants And Electricity Markets
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Author : Luis Baringo
language : en
Publisher: Springer Nature
Release Date : 2020-09-03
Virtual Power Plants And Electricity Markets written by Luis Baringo and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-03 with Technology & Engineering categories.
This textbook provides a detailed analysis of operation and planning problems faced by virtual power plants participating in different electricity markets. The chapters address in-depth, topics such as: optimization, market power, expansion, and modelling uncertainty in operation and planning problems of virtual power plants. The book provides an up-to-date description of decision-making tools to address challenging questions faced by virtual power plants such as: How can virtual power plants optimize their participation in electricity markets? How can a virtual power plant exercise market power? How can virtual power plants be optimally expanded? How can uncertainty be efficiently modelled in the operation and planning problems of virtual power plants? The book is written in a tutorial style and modular format, and includes many illustrative examples to facilitate comprehension. It is intended for a diverse audience including advanced undergraduate and graduate students in the fields of electric energy systems, operations research, and economics. Practitioners in the energy sector will also benefit from the concepts and techniques presented in this book. In particular, this book: Provides students with the GAMS codes to solve the examples in the book; Provides a basis for the formulation of decision-making problems under uncertainty; Contains a blend of theoretical concepts and practical applications that are developed as working algorithms.
Virtual Power Plant Solution For Future Smart Energy Communities
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Author : Ehsan Heydarian-Forushani
language : en
Publisher: CRC Press
Release Date : 2022-07-25
Virtual Power Plant Solution For Future Smart Energy Communities written by Ehsan Heydarian-Forushani and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-07-25 with Technology & Engineering categories.
This book provides a general overview of virtual power plants (VPP) as a key technology in future energy communities and active distribution and transmission networks for managing distributed energy resources, providing local and global services, and facilitating market participation of small-scale managing distributed energy resources and prosumers. The book also aims at describing some practical solutions, business models, and novel architectures for the implementation of VPPs in the real world. Each chapter of the book begins with the fundamental structure of the problem required for a rudimentary understanding of the methods described. It provides a clear picture for practical implementation of VPP through novel technologies such as blockchain, digital twin, and distributed ledger technology. The book will help the electrical and power engineers, undergraduate, graduate students, research scholars, and utility engineers to understand the emerging solutions regarding the VPP concept lucidly.
Local Electricity Markets
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Author : Tiago Pinto
language : en
Publisher: Academic Press
Release Date : 2021-07-03
Local Electricity Markets written by Tiago Pinto and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-03 with Business & Economics categories.
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
Electricity Markets
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Author : Sayyad Nojavan
language : en
Publisher: Springer Nature
Release Date : 2020-03-10
Electricity Markets written by Sayyad Nojavan and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-10 with Business & Economics categories.
This book analyzes new electricity pricing models that consider uncertainties in the power market due to the changing behavior of market players and the implementation of renewable distributed generation and responsive loads. In-depth chapters examine the different types of market players including the generation, transmission, and distribution companies, virtual power plants, demand response aggregators, and energy hubs and microgrids. Expert authors propose optimal operational models for short-term performance and scheduling and present readers with solutions for pricing challenges in uncertain environments. This book is useful for engineers, researchers and students involved in integrating demand response programs into smart grids and for electricity market operation and planning. Proposes optimal operation models; Discusses the various players in today's electricity markets; Describes the effects of demand response programs in smart grids.
Business Models And Reliable Operation Of Virtual Power Plants
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Author : Heping Jia
language : en
Publisher: Springer Nature
Release Date : 2023-01-02
Business Models And Reliable Operation Of Virtual Power Plants written by Heping Jia and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-01-02 with Technology & Engineering categories.
This book focuses on the business operation of virtual power plants. Both of the business models and reliable operation of virtual power plants have been addressed with engineering practices. This is achieved by providing an in-depth study on several major topics such as load forecasting for distributed energy resources, business model and practice of virtual power plants, the business operation of virtual power plants participating in demand response, and auxiliary service market. The dynamic pricing strategy of virtual power plants and reliable operation of power systems with virtual power plants are provided as well. The comprehensive and systematic treatment in business operation of virtual power plants is one of the major features of the book, which is particularly suited for readers who are interested to learn operation mechanisms of virtual power plants. The book benefits researchers, engineers, and graduate students in the fields of energy internet, electrical engineering, and business administration, etc.
Variable Generation Flexible Demand
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Author : Fereidoon Sioshansi
language : en
Publisher: Academic Press
Release Date : 2020-11-15
Variable Generation Flexible Demand written by Fereidoon Sioshansi and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-15 with Technology & Engineering categories.
Variable Generation, Flexible Demand looks at a future in which power system researchers, operators and analysts need to predict variable renewable generation and schedule demand to match it. Contributors survey the significant expansion in the role of flexible demand in balancing supply and demand in conjunction with flexible generation in ‘peaking plants’ and energy storage as the proportion of variable renewable generation rises in many systems across the world. Supported with case studies, the book examines practical ways that demand flexibility can play a constructive role as more systems move towards higher levels of renewable generation in their electricity mix. Examines practical ways that demand flexibility can play a constructive role in future energy systems Reviews the vital role of market design, business models, enabling technologies, policies and regulation in implementation of flexible demand Includes detailed case studies that address the role of flexible demand across transitioning power markets
Integrating Renewables In Electricity Markets
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Author : Juan M. Morales
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-12-03
Integrating Renewables In Electricity Markets written by Juan M. Morales 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 2013-12-03 with Business & Economics categories.
This addition to the ISOR series addresses the analytics of the operations of electric energy systems with increasing penetration of stochastic renewable production facilities, such as wind- and solar-based generation units. As stochastic renewable production units become ubiquitous throughout electric energy systems, an increasing level of flexible backup provided by non-stochastic units and other system agents is needed if supply security and quality are to be maintained. Within the context above, this book provides up-to-date analytical tools to address challenging operational problems such as: • The modeling and forecasting of stochastic renewable power production. • The characterization of the impact of renewable production on market outcomes. • The clearing of electricity markets with high penetration of stochastic renewable units. • The development of mechanisms to counteract the variability and unpredictability of stochastic renewable units so that supply security is not at risk. • The trading of the electric energy produced by stochastic renewable producers. • The association of a number of electricity production facilities, stochastic and others, to increase their competitive edge in the electricity market. • The development of procedures to enable demand response and to facilitate the integration of stochastic renewable units. This book is written in a modular and tutorial manner and includes many illustrative examples to facilitate its comprehension. It is intended for advanced undergraduate and graduate students in the fields of electric energy systems, applied mathematics and economics. Practitioners in the electric energy sector will benefit as well from the concepts and techniques explained in this book.
Distributed Energy Resources And Virtual Power Plants
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Author : Ernesto Garnier
language : en
Publisher:
Release Date : 2016
Distributed Energy Resources And Virtual Power Plants written by Ernesto Garnier and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
The Energy Switch
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Author : Peter Kelly-Detwiler
language : en
Publisher: Rowman & Littlefield
Release Date : 2021-06-15
The Energy Switch written by Peter Kelly-Detwiler and has been published by Rowman & Littlefield this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-15 with Business & Economics categories.
The energy industry is changing, and it’s far more than just solar panels. Electric vehicles look to overtake gasoline-powered cars within our lifetimes, wind farms are popping up in unlikely places, traders are transforming energy into a commodity, and supercomputers are crunching vast amounts of data in nanoseconds while helping to keep our energy grids secure from hackers. The way humans produce, distribute and consume power will be cleaner, cheaper, and infinitely more complex within the next decade. In The Energy Switch, leading energy industry expert Peter Kelly-Detwiler looks at all aspects of the transformation: how we got here, where we are going, and the implications for all of us in our daily lives. Kelly-Detwiler takes readers to the frontlines of the energy revolution. Meet Steve Collins, an executive from Commercial Development Corporation, the company that blew up two $570-million-dollar concrete cooling towers to create a staging ground for the new $70 billion U.S. offshore wind industry; Rob Threlkeld, a General Motors executive who convinced the auto giant to sign multiple 20-year renewable energy contracts worth hundreds of millions; Kevin McAlpin, a Texas homeowner who buys the power for his home on the electricity spot market – where prices can soar from less than one cent a kilowatthour to $9.00 over the course of a single day; Dr. Kristin Persson, who oversees a supercomputer that can process data at 30 quadrillion calculations per second, in the quest for better renewable energy and battery technologies; and John Davis, a Texas rancher who can keep his land intact, with help from the royalty payments from seven turbines spinning on his range. Energy creation and distribution has driven society’s progress for centuries. Today, people are increasingly aware that it is imperative that humans move towards a cleaner, digitized, and democratized energy economy. The Energy Switch is about that multi-trillion dollar transformation, told from the perspective of those leading us to that bright future.