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Dominik Pelzer presents a framework for investigating and optimizing the profitability of energy storage systems. The author deploys the methodology to assess the benefits of electric vehicle smart charging and to investigate the financial viability of arbitrage using battery energy storage systems. He evaluates the factors influencing profitability and identifies conditions for profitable operation. Due to the framework's modular design, these considerations can be extended to a large variety of storage technologies and scenarios to identify optimal operating parameters.
Book Synopsis A Modular Framework for Optimizing Grid Integration of Mobile and Stationary Energy Storage in Smart Grids by : Dominik Pelzer
Download or read book A Modular Framework for Optimizing Grid Integration of Mobile and Stationary Energy Storage in Smart Grids written by Dominik Pelzer and published by Springer. This book was released on 2019-06-28 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dominik Pelzer presents a framework for investigating and optimizing the profitability of energy storage systems. The author deploys the methodology to assess the benefits of electric vehicle smart charging and to investigate the financial viability of arbitrage using battery energy storage systems. He evaluates the factors influencing profitability and identifies conditions for profitable operation. Due to the framework's modular design, these considerations can be extended to a large variety of storage technologies and scenarios to identify optimal operating parameters.
This brief focuses on stochastic energy optimization for distributed energy resources in smart grids. Along with a review of drivers and recent developments towards distributed energy resources, this brief presents research challenges of integrating millions of distributed energy resources into the grid. The brief then proposes a novel three-level hierarchical architecture for effectively integrating distributed energy resources into smart grids. Under the proposed hierarchical architecture, distributed energy resource management algorithms at the three levels (i.e., smart home, smart neighborhood, and smart microgrid) are developed in this brief based on stochastic optimization that can handle the involved uncertainties in the system.
Book Synopsis Stochastic Optimization for Distributed Energy Resources in Smart Grids by : Yuanxiong Guo
Download or read book Stochastic Optimization for Distributed Energy Resources in Smart Grids written by Yuanxiong Guo and published by Springer. This book was released on 2017-06-21 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This brief focuses on stochastic energy optimization for distributed energy resources in smart grids. Along with a review of drivers and recent developments towards distributed energy resources, this brief presents research challenges of integrating millions of distributed energy resources into the grid. The brief then proposes a novel three-level hierarchical architecture for effectively integrating distributed energy resources into smart grids. Under the proposed hierarchical architecture, distributed energy resource management algorithms at the three levels (i.e., smart home, smart neighborhood, and smart microgrid) are developed in this brief based on stochastic optimization that can handle the involved uncertainties in the system.
Energy storage is a main component of any holistic consideration of smart grids, particularly when incorporating power derived from variable, distributed and renewable energy resources. Energy Storage for Smart Grids delves into detailed coverage of the entire spectrum of available and emerging storage technologies, presented in the context of economic and practical considerations. Featuring the latest research findings from the world’s foremost energy storage experts, complete with data analysis, field tests, and simulation results, this book helps device manufacturers develop robust business cases for the inclusion of storage in grid applications. It also provides the comparisons and explanations grid planners and operators need to make informed decisions about which storage solutions will be most successful when implemented in operational grids. Connects the latest research findings in energy storage with strategies for economical and practical implementation in grid systems Brings together diverse knowledge resources in one comprehensive volume covering all major storage technologies, explained by experts from the world's leading research institutions Includes detailed data analysis from field tests and simulations to help planners and engineers choose the storage method that will add the most value to their grid operations
Book Synopsis Energy Storage for Smart Grids by : Pengwei Du
Download or read book Energy Storage for Smart Grids written by Pengwei Du and published by Academic Press. This book was released on 2014-10-18 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy storage is a main component of any holistic consideration of smart grids, particularly when incorporating power derived from variable, distributed and renewable energy resources. Energy Storage for Smart Grids delves into detailed coverage of the entire spectrum of available and emerging storage technologies, presented in the context of economic and practical considerations. Featuring the latest research findings from the world’s foremost energy storage experts, complete with data analysis, field tests, and simulation results, this book helps device manufacturers develop robust business cases for the inclusion of storage in grid applications. It also provides the comparisons and explanations grid planners and operators need to make informed decisions about which storage solutions will be most successful when implemented in operational grids. Connects the latest research findings in energy storage with strategies for economical and practical implementation in grid systems Brings together diverse knowledge resources in one comprehensive volume covering all major storage technologies, explained by experts from the world's leading research institutions Includes detailed data analysis from field tests and simulations to help planners and engineers choose the storage method that will add the most value to their grid operations
Energy storage systems have been recognized as viable solutions for implementing the smart grid paradigm, but have created challenges in terms of load levelling, integrating renewable and intermittent sources, voltage and frequency regulation, grid resiliency, improving power quality and reliability, reducing energy import during peak demand periods, and so on. In particular, distributed energy storage addresses a wide range of the above potential issues, and it is gaining attention from customers, utilities, and regulators. Distributed energy storage has considerable potential for reducing costs and improving the quality of electric services. However, installation costs and lifespan are the main drawbacks to the wide diffusion of this technology. In this context, a serious challenge is the adoption of new techniques and strategies for the optimal planning, control, and management of grids that include distributed energy storage devices. Regulatory guidance and proactive policies are urgently needed to ensure a smooth rollout of this technology. This book collects recent contributions of methodologies applied to the integration of distributed energy storage devices in smart power systems. Several areas of research (optimal siting and sizing of energy storage systems, adaption of energy storage systems to load leveling and harmonic compensation, integration for electric vehicles, and optimal control systems) are investigated in the contributions collected in this book.
Book Synopsis Distributed Energy Storage Devices in Smart Grids by : Guido Carpinelli
Download or read book Distributed Energy Storage Devices in Smart Grids written by Guido Carpinelli and published by MDPI. This book was released on 2020-04-15 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy storage systems have been recognized as viable solutions for implementing the smart grid paradigm, but have created challenges in terms of load levelling, integrating renewable and intermittent sources, voltage and frequency regulation, grid resiliency, improving power quality and reliability, reducing energy import during peak demand periods, and so on. In particular, distributed energy storage addresses a wide range of the above potential issues, and it is gaining attention from customers, utilities, and regulators. Distributed energy storage has considerable potential for reducing costs and improving the quality of electric services. However, installation costs and lifespan are the main drawbacks to the wide diffusion of this technology. In this context, a serious challenge is the adoption of new techniques and strategies for the optimal planning, control, and management of grids that include distributed energy storage devices. Regulatory guidance and proactive policies are urgently needed to ensure a smooth rollout of this technology. This book collects recent contributions of methodologies applied to the integration of distributed energy storage devices in smart power systems. Several areas of research (optimal siting and sizing of energy storage systems, adaption of energy storage systems to load leveling and harmonic compensation, integration for electric vehicles, and optimal control systems) are investigated in the contributions collected in this book.
The text comprehensively discusses smart grid operations and the use of big data analytics in overcoming the existing challenges. It covers smart power generation, transmission, and distribution, explains energy management systems, artificial intelligence, and machine learning–based computing. •Presents a detailed state-of-the-art analysis of big data analytics and its uses in power grids. • Describes how the big data analytics framework has been used to display energy in two scenarios including a single house and a smart grid with thousands of smart meters. •Explores the role of the internet of things, artificial intelligence, and machine learning in smart grids. • Discusses edge analytics for integration of generation technologies, and decision-making approaches in detail. • Examines research limitations and presents recommendations for further research to incorporate big data analytics into power system design and operational frameworks. The text presents a comprehensive study and assessment of the state-of-the-art research and development related to the unique needs of electrical utility grids, including operational technology, storage, processing, and communication systems. It further discusses important topics such as complex adaptive power system, self-healing power system, smart transmission, and distribution networks, and smart metering infrastructure. It will serve as an ideal reference text for senior undergraduate, graduate students, and academic researchers in the areas such as electrical engineering, electronics and communications engineering, computer engineering, and information technology.
Book Synopsis Big Data Analytics Framework for Smart Grids by : Rajkumar Viral
Download or read book Big Data Analytics Framework for Smart Grids written by Rajkumar Viral and published by CRC Press. This book was released on 2023-12-22 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: The text comprehensively discusses smart grid operations and the use of big data analytics in overcoming the existing challenges. It covers smart power generation, transmission, and distribution, explains energy management systems, artificial intelligence, and machine learning–based computing. •Presents a detailed state-of-the-art analysis of big data analytics and its uses in power grids. • Describes how the big data analytics framework has been used to display energy in two scenarios including a single house and a smart grid with thousands of smart meters. •Explores the role of the internet of things, artificial intelligence, and machine learning in smart grids. • Discusses edge analytics for integration of generation technologies, and decision-making approaches in detail. • Examines research limitations and presents recommendations for further research to incorporate big data analytics into power system design and operational frameworks. The text presents a comprehensive study and assessment of the state-of-the-art research and development related to the unique needs of electrical utility grids, including operational technology, storage, processing, and communication systems. It further discusses important topics such as complex adaptive power system, self-healing power system, smart transmission, and distribution networks, and smart metering infrastructure. It will serve as an ideal reference text for senior undergraduate, graduate students, and academic researchers in the areas such as electrical engineering, electronics and communications engineering, computer engineering, and information technology.
This book provides an overview of state-of-the-art research on “Systems and Optimization Aspects of Smart Grid Challenges.” The authors have compiled and integrated different aspects of applied systems optimization research to smart grids, and also describe some of its critical challenges and requirements. The promise of a smarter electricity grid could significantly change how consumers use and pay for their electrical power, and could fundamentally reshape the current Industry. Gaining increasing interest and acceptance, Smart Grid technologies combine power generation and delivery systems with advanced communication systems to help save energy, reduce energy costs and improve reliability. Taken together, these technologies support new approaches for load balancing and power distribution, allowing optimal runtime power routing and cost management. Such unprecedented capabilities, however, also present a set of new problems and challenges at the technical and regulatory levels that must be addressed by Industry and the Research Community.
Book Synopsis Optimization and Security Challenges in Smart Power Grids by : Vijay Pappu
Download or read book Optimization and Security Challenges in Smart Power Grids written by Vijay Pappu and published by Springer Science & Business Media. This book was released on 2013-11-01 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an overview of state-of-the-art research on “Systems and Optimization Aspects of Smart Grid Challenges.” The authors have compiled and integrated different aspects of applied systems optimization research to smart grids, and also describe some of its critical challenges and requirements. The promise of a smarter electricity grid could significantly change how consumers use and pay for their electrical power, and could fundamentally reshape the current Industry. Gaining increasing interest and acceptance, Smart Grid technologies combine power generation and delivery systems with advanced communication systems to help save energy, reduce energy costs and improve reliability. Taken together, these technologies support new approaches for load balancing and power distribution, allowing optimal runtime power routing and cost management. Such unprecedented capabilities, however, also present a set of new problems and challenges at the technical and regulatory levels that must be addressed by Industry and the Research Community.
Placing emphasis on practical how-to guidance, this cutting-edge resource provides you with a first-hand, insiderOCOs perspective on the advent and evolution of smart grids in the 21st century (smart grid 1.0). You gain a thorough understanding of the building blocks that comprise basic smart grids, including power plant, transmission substation, distribution, and meter automation. Moreover, this forward-looking volume explores the next step of this technologyOCOs evolution. It provides a detailed explanation of how an advanced smart grid incorporates demand response with smart appliances and management mechanisms for distributed generation, energy storage, and electric vehicles.The Advanced Smart Grid uses the design and construction of the first citywide smart grid in the US as a case study, sharing the many successes and lessons learned. You gain working knowledge of successful tools and best practices that are needed to overcome diverse technological and organizational challenges as you strive to build a next-generation advanced smart grid (smart grid 2.0). Additionally, this unique book offers a glimpse at the future with interconnected advanced smart grids and a redesigned energy ecosystem (smart grid 3.0)."
Book Synopsis The Advanced Smart Grid by : Andres Carvallo
Download or read book The Advanced Smart Grid written by Andres Carvallo and published by Artech House. This book was released on 2011 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: Placing emphasis on practical how-to guidance, this cutting-edge resource provides you with a first-hand, insiderOCOs perspective on the advent and evolution of smart grids in the 21st century (smart grid 1.0). You gain a thorough understanding of the building blocks that comprise basic smart grids, including power plant, transmission substation, distribution, and meter automation. Moreover, this forward-looking volume explores the next step of this technologyOCOs evolution. It provides a detailed explanation of how an advanced smart grid incorporates demand response with smart appliances and management mechanisms for distributed generation, energy storage, and electric vehicles.The Advanced Smart Grid uses the design and construction of the first citywide smart grid in the US as a case study, sharing the many successes and lessons learned. You gain working knowledge of successful tools and best practices that are needed to overcome diverse technological and organizational challenges as you strive to build a next-generation advanced smart grid (smart grid 2.0). Additionally, this unique book offers a glimpse at the future with interconnected advanced smart grids and a redesigned energy ecosystem (smart grid 3.0)."
This book is a collection of chapters describing the advanced and future aspects of smart grid technology. The book emphasizes technical issues, theoretical background and practical applications that drive postgraduates, researchers and practicing engineers with the right advanced skills, vision and knowledge who will further be capable of leading in teams involved in the modelling, control, design, and optimization of the future smart grids. This feature strengthens the benefits of the book for the readers who will gain an insightful understanding of future smart grid challenges including: (i) the formulation of decision-making models, (ii) the familiarization with efficient solution algorithms for such models and (iii) insights into these problems through the detailed analysis of numerous illustrative examples. Further the chapters in this book provide comprehensive coverage of modelling, control and optimization of smart grid which are quite different from most technical publications.
Book Synopsis Next Generation Smart Grids: Modeling, Control and Optimization by : Surender Reddy Salkuti
Download or read book Next Generation Smart Grids: Modeling, Control and Optimization written by Surender Reddy Salkuti and published by Springer Nature. This book was released on 2022-02-01 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of chapters describing the advanced and future aspects of smart grid technology. The book emphasizes technical issues, theoretical background and practical applications that drive postgraduates, researchers and practicing engineers with the right advanced skills, vision and knowledge who will further be capable of leading in teams involved in the modelling, control, design, and optimization of the future smart grids. This feature strengthens the benefits of the book for the readers who will gain an insightful understanding of future smart grid challenges including: (i) the formulation of decision-making models, (ii) the familiarization with efficient solution algorithms for such models and (iii) insights into these problems through the detailed analysis of numerous illustrative examples. Further the chapters in this book provide comprehensive coverage of modelling, control and optimization of smart grid which are quite different from most technical publications.
Energy storage systems have been recognized as viable solutions for implementing the smart grid paradigm, but have created challenges in terms of load levelling, integrating renewable and intermittent sources, voltage and frequency regulation, grid resiliency, improving power quality and reliability, reducing energy import during peak demand periods, and so on. In particular, distributed energy storage addresses a wide range of the above potential issues, and it is gaining attention from customers, utilities, and regulators. Distributed energy storage has considerable potential for reducing costs and improving the quality of electric services. However, installation costs and lifespan are the main drawbacks to the wide diffusion of this technology. In this context, a serious challenge is the adoption of new techniques and strategies for the optimal planning, control, and management of grids that include distributed energy storage devices. Regulatory guidance and proactive policies are urgently needed to ensure a smooth rollout of this technology. This book collects recent contributions of methodologies applied to the integration of distributed energy storage devices in smart power systems. Several areas of research (optimal siting and sizing of energy storage systems, adaption of energy storage systems to load leveling and harmonic compensation, integration for electric vehicles, and optimal control systems) are investigated in the contributions collected in this book.
Book Synopsis Distributed Energy Storage Devices in Smart Grids by : Pasquale De Falco
Download or read book Distributed Energy Storage Devices in Smart Grids written by Pasquale De Falco and published by . This book was released on 2020 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy storage systems have been recognized as viable solutions for implementing the smart grid paradigm, but have created challenges in terms of load levelling, integrating renewable and intermittent sources, voltage and frequency regulation, grid resiliency, improving power quality and reliability, reducing energy import during peak demand periods, and so on. In particular, distributed energy storage addresses a wide range of the above potential issues, and it is gaining attention from customers, utilities, and regulators. Distributed energy storage has considerable potential for reducing costs and improving the quality of electric services. However, installation costs and lifespan are the main drawbacks to the wide diffusion of this technology. In this context, a serious challenge is the adoption of new techniques and strategies for the optimal planning, control, and management of grids that include distributed energy storage devices. Regulatory guidance and proactive policies are urgently needed to ensure a smooth rollout of this technology. This book collects recent contributions of methodologies applied to the integration of distributed energy storage devices in smart power systems. Several areas of research (optimal siting and sizing of energy storage systems, adaption of energy storage systems to load leveling and harmonic compensation, integration for electric vehicles, and optimal control systems) are investigated in the contributions collected in this book.
This comprehensive reference text discusses simulation with case studies and realworld applications related to energy system models, the large-scale integration of renewable energy systems, electric vehicles, and energy storage systems. The text covers analysis and modeling of the large-scale integration of renewable energy systems, electric vehicles, and energy storage systems. It further discusses economic aspects useful for policy makers and industrial professionals. It covers important topics, including smart grids architectures, wide-area situational awareness (WASA), energy management systems (EMS), demand response (DR), smart grid standardization exertions, virtual power plants, battery degradation modeling, optimization approaches in modeling, and smart metering infrastructure. The book: * Discusses the analysis and modeling of the large-scale integration of renewable energy systems, electric vehicles, and energy storage systems. * Covers issues and challenges encountered in the large-scale integration of electric vehicles, energy storage systems and renewable energy systems into future smart grid design. * Provides simulation with case studies and real-world applications related to energy system models, electric vehicles, and energy storage systems. * Discusses the integration of large renewable energy systems, with the presence of a large number of electric vehicles and storage devices/systems. Discussing concepts of smart grids, together with the deployment of electric vehicles, energy storage systems and renewable energy systems, this text will be useful as a reference text for graduate students and academic researchers in the fields of electrical engineering, electronics and communication engineering, renewable energy, and clean technologies. It further discusses topics, including electric grid infrastructure, architecture, interfacing, standardization, protocols, security, reliability, communication, and optimal control.
Book Synopsis Smart Grids for Renewable Energy Systems, Electric Vehicles and Energy Storage Systems by : Anuradha Tomar
Download or read book Smart Grids for Renewable Energy Systems, Electric Vehicles and Energy Storage Systems written by Anuradha Tomar and published by CRC Press. This book was released on 2022-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive reference text discusses simulation with case studies and realworld applications related to energy system models, the large-scale integration of renewable energy systems, electric vehicles, and energy storage systems. The text covers analysis and modeling of the large-scale integration of renewable energy systems, electric vehicles, and energy storage systems. It further discusses economic aspects useful for policy makers and industrial professionals. It covers important topics, including smart grids architectures, wide-area situational awareness (WASA), energy management systems (EMS), demand response (DR), smart grid standardization exertions, virtual power plants, battery degradation modeling, optimization approaches in modeling, and smart metering infrastructure. The book: * Discusses the analysis and modeling of the large-scale integration of renewable energy systems, electric vehicles, and energy storage systems. * Covers issues and challenges encountered in the large-scale integration of electric vehicles, energy storage systems and renewable energy systems into future smart grid design. * Provides simulation with case studies and real-world applications related to energy system models, electric vehicles, and energy storage systems. * Discusses the integration of large renewable energy systems, with the presence of a large number of electric vehicles and storage devices/systems. Discussing concepts of smart grids, together with the deployment of electric vehicles, energy storage systems and renewable energy systems, this text will be useful as a reference text for graduate students and academic researchers in the fields of electrical engineering, electronics and communication engineering, renewable energy, and clean technologies. It further discusses topics, including electric grid infrastructure, architecture, interfacing, standardization, protocols, security, reliability, communication, and optimal control.
