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Smart and Sustainable Power Systems - Operations, Planning, and Economics of Insular Electricity Grids (Hardcover)
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Smart and Sustainable Power Systems - Operations, Planning, and Economics of Insular Electricity Grids (Hardcover)
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The smart grid initiative, integrating advanced sensing
technologies, intelligent control methods, and bi-directional
communications into the contemporary electricity grid, offers
excellent opportunities for energy efficiency improvements and
better integration of distributed generation, coexisting with
centralized generation units within an active network. A large
share of the installed capacity for recent renewable energy sources
already comprises insular electricity grids, since the latter are
preferable due to their high potential for renewables. However, the
increasing share of renewables in the power generation mix of
insular power systems presents a significant challenge to efficient
management of the insular distribution networks, mainly due to the
variability and uncertainty of renewable generation. More than
other electricity grids, insular electricity grids require the
incorporation of sustainable resources and the maximization of the
integration of local resources, as well as specific solutions to
cope with the inherent characteristics of renewable generation.
Insular power systems need a new generation of methodologies and
tools to face the new paradigm of large-scale renewable
integration. Smart and Sustainable Power Systems: Operations,
Planning, and Economics of Insular Electricity Grids discusses the
modeling, simulation, and optimization of insular power systems to
address the effects of large-scale integration of renewables and
demand-side management. This practical book: Describes insular
power systems, renewable energies, uncertainty, variability,
reserves, and demand response Examines state-of-the-art forecasting
techniques, power flow calculations, and scheduling models Covers
probabilistic and stochastic approaches, scenario generation, and
short-term operation Includes comprehensive testing and validation
of the mathematical models using real-world data Explores electric
price signals, competitive operation of distribution networks, and
network expansion planning Smart and Sustainable Power Systems:
Operations, Planning, and Economics of Insular Electricity Grids
provides a valuable resource for the design of efficient
methodologies, tools, and solutions for the development of a truly
sustainable and smart grid.
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