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The Economics of Microgrids

Amin Khodaei,Ali Arabnya

Author : Amin Khodaei,Ali Arabnya
Publisher : John Wiley & Sons
Page : 260 pages
File Size : 42,6 Mb
Release : 2023-10-04
Category : Technology & Engineering
ISBN : 9781394162475

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The Economics of Microgrids by Amin Khodaei,Ali Arabnya Pdf

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

Amin Khodaei,Ali Arabnya

Author : Amin Khodaei,Ali Arabnya
Publisher : John Wiley & Sons
Page : 260 pages
File Size : 40,8 Mb
Release : 2023-11-07
Category : Technology & Engineering
ISBN : 9781394162451

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The Economics of Microgrids by Amin Khodaei,Ali Arabnya Pdf

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.

Optimization of Unit Commitment and Economic Dispatch in Microgrids Based on Genetic Algorithm and Mixed Integer Linear Programming

Mohsen Shiralizadeh Nemati

Author : Mohsen Shiralizadeh Nemati
Publisher : kassel university press GmbH
Page : 189 pages
File Size : 48,8 Mb
Release : 2018-04-16
Category : Electronic
ISBN : 9783737604642

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Optimization of Unit Commitment and Economic Dispatch in Microgrids Based on Genetic Algorithm and Mixed Integer Linear Programming by Mohsen Shiralizadeh Nemati Pdf

Energy Management System (EMS) applications of modern power networks like microgrids have to respond to a number of stringent challenges due to current energy revolution. Optimal resource dispatch tasks must be handled with specific regard to the addition of new resource types and the adoption of novel modeling considerations. In addition, due to the comprehensive changes concerning the multi cell grid structure, new policies should be fulfilled via microgrids’ EMS. At the same time achieving a variety of conflicting goals in different microgrids requires a universal and a multi criteria optimization tool. In this work two dispatch-optimizers based on genetic algorithm and mixed integer linear programming for a centralized EMS are introduced which can schedule the unit commitment and economic dispatch of microgrid units. In the proposed methods, different network restrictions like voltages and equipment loadings and unit constraints have been considered.

The Microgrid Revolution

Mahesh P. Bhave Ph.D.

Author : Mahesh P. Bhave Ph.D.
Publisher : Bloomsbury Publishing USA
Page : 216 pages
File Size : 51,6 Mb
Release : 2016-10-11
Category : Business & Economics
ISBN : 9781440833168

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The Microgrid Revolution by Mahesh P. Bhave Ph.D. Pdf

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.

Micro and Local Power Markets

Andreas Sumper

Author : Andreas Sumper
Publisher : John Wiley & Sons
Page : 282 pages
File Size : 42,6 Mb
Release : 2019-07-22
Category : Technology & Engineering
ISBN : 9781119434504

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Micro and Local Power Markets by Andreas Sumper Pdf

Introduces readers to micro and local power markets and their use for local initiatives, grid integration, and future applications This book provides the basis for understanding micro power markets, emphasizing its application for local initiatives, the grid integration of renewable-based generation, and facilitating the decarbonization of the future electrical networks. It gives readers a comprehensive overview of the market operation, and highlights the basis of the design of local and micro markets. Micro and Local Power Markets starts by covering the economics and basic principle of power markets, including the fundamentals of the power trading (for both wholesale and local markets). Following a definition of both micro and local (technical and economic aspects) power markets, the book then looks at the organization of such markets. It describes the design of those power markets, isolated from the wholesale markets, and examines the methodologies of the interaction between these power markets and wholesale markets. The book also presents cognitive business models for micro and local power markets, as well as the regulatory issues concerning them. Introduces the basic principle of power markets Defines micro and local power markets Outlines the design of micro and local power markets, including the principles, as well as the trading schemes, flexibility, and services Discusses methodologies of the interaction between micro and local power markets and wholesale markets Presents business models for micro and local power markets Summarizes regulatory issues around micro and local power markets Micro and Local Power Markets is an ideal book for upper undergraduate students in engineering, as well as for early researchers in the energy sector. It is also recommended for any scientist and engineer being introduced to the field of power systems and their organization.

Microgrids

Amjad Anvari-Moghaddam,Hamdi Abdi,Behnam Mohammadi-Ivatloo,Nikos Hatziargyriou

Author : Amjad Anvari-Moghaddam,Hamdi Abdi,Behnam Mohammadi-Ivatloo,Nikos Hatziargyriou
Publisher : Springer Nature
Page : 643 pages
File Size : 55,7 Mb
Release : 2021-04-16
Category : Technology & Engineering
ISBN : 9783030597504

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Microgrids by Amjad Anvari-Moghaddam,Hamdi Abdi,Behnam Mohammadi-Ivatloo,Nikos Hatziargyriou Pdf

This book provides a comprehensive overview on the latest developments in the control, operation, and protection of microgrids. It provides readers with a solid approach to analyzing and understanding the salient features of modern control and operation management techniques applied to these systems, and presents practical methods with examples and case studies from actual and modeled microgrids. The book also discusses emerging concepts, key drivers and new players in microgrids, and local energy markets while addressing various aspects from day-ahead scheduling to real-time testing of microgrids. The book will be a valuable resource for researchers who are focused on control concepts, AC, DC, and AC/DC microgrids, as well as those working in the related areas of energy engineering, operations research and its applications to energy systems. Presents modern operation, control and protection techniques with applications to real world and emulated microgrids; Discusses emerging concepts, key drivers and new players in microgrids and local energy markets; Addresses various aspects from day-ahead scheduling to real-time testing of microgrids.

Energy Storage, Grid Integration, Energy Economics, and the Environment

Radian Belu

Author : Radian Belu
Publisher : CRC Press
Page : 290 pages
File Size : 42,7 Mb
Release : 2019-09-27
Category : Technology & Engineering
ISBN : 9781000449020

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Energy Storage, Grid Integration, Energy Economics, and the Environment by Radian Belu Pdf

The book covers energy storage systems, bioenergy and hydrogen economy, grid integration of renewable energy systems, distributed generation, economic analysis, and environmental impacts of renewable energy systems. The overall approaches are interdisciplinary and comprehensive, covering economic, environmental, and grid integration issues as well as the physical and engineering aspects. Core issues discussed include mechanical, electrical, and thermal energy storage systems, batteries, fuel cells, biomass and biofuels, hydrogen economy, distributed generation, a brief presentation of microgrids, and in-depth discussions of economic analysis and methods of renewable energy systems, environmental impacts, life-cycle analysis, and energy conservation issues. With several solved examples, holistic material presentation, in-depth subject matter discussions and self-content material presentation, this textbook will appeal strongly to students and professional and nonprofessional readers who wish to understand this fascinating subject. Readers are encouraged to solve the problems and questions, which are useful ways to understand and apply the concepts and the topics included.

Microgrids

Amjad Anvari-Moghaddam

Author : Amjad Anvari-Moghaddam
Publisher : MDPI
Page : 280 pages
File Size : 44,7 Mb
Release : 2021-05-21
Category : Technology & Engineering
ISBN : 9783036506623

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Microgrids by Amjad Anvari-Moghaddam Pdf

Microgrids are a growing segment of the energy industry, representing a paradigm shift from centralized structures toward more localized, autonomous, dynamic, and bi-directional energy networks, especially in cities and communities. The ability to isolate from the larger grid makes microgrids resilient, while their capability of forming scalable energy clusters permits the delivery of services that make the grid more sustainable and competitive. Through an optimal design and management process, microgrids could also provide efficient, low-cost, clean energy and help to improve the operation and stability of regional energy systems. This book covers these promising and dynamic areas of research and development and gathers contributions on different aspects of microgrids in an aim to impart higher degrees of sustainability and resilience to energy systems.

Microgrids and Local Energy Systems

Nick Jenkins

Author : Nick Jenkins
Publisher : BoD – Books on Demand
Page : 206 pages
File Size : 41,9 Mb
Release : 2021-12-15
Category : Technology & Engineering
ISBN : 9781789845303

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Microgrids and Local Energy Systems by Nick Jenkins Pdf

This book addresses important topical questions of microgrids and local energy systems. It begins with an investigation of the electrical protection of microgrids followed by a study of the power converters used and the utilization of multi-objective optimization for the selection of component ratings. Subsequent chapters address peer-to-peer energy trading in microgrids, local district heating and cooling systems, neighborhood generators used to supplement the utility electricity supplies in Iraq, and regulatory impediments to micro-wind generation in the United States.

Microgrids

Nikos Hatziargyriou

Author : Nikos Hatziargyriou
Publisher : John Wiley & Sons
Page : 340 pages
File Size : 42,5 Mb
Release : 2014-03-03
Category : Technology & Engineering
ISBN : 9781118720684

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Microgrids by Nikos Hatziargyriou Pdf

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

Microgrids Design and Implementation

Antonio Carlos Zambroni de Souza,Miguel Castilla

Author : Antonio Carlos Zambroni de Souza,Miguel Castilla
Publisher : Springer
Page : 538 pages
File Size : 41,7 Mb
Release : 2018-11-29
Category : Technology & Engineering
ISBN : 9783319986876

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Microgrids Design and Implementation by Antonio Carlos Zambroni de Souza,Miguel Castilla Pdf

This book addresses the emerging trend of smart grids in power systems. It discusses the advent of smart grids and selected technical implications; further, by combining the perspectives of researchers from Europe and South America, the book captures the status quo of and approaches to smart grids in a wide range of countries. It describes the basic concepts, enabling readers to understand the theoretical aspects behind smart grid formation, while also examining current challenges and philosophical discussions. Like the industrial revolution and the birth of the Internet, smart grids are certain to change the way people use electricity. In this regard, a new term – the “prosumer” – is used to describe consumers who may sometimes also be energy producers. This is particularly appealing if we bear in mind that most of the distributed power generation in smart grids does not involve carbon emissions. At first glance, the option of generating their own power could move consumers to leave their current energy provider. Yet the authors argue that doing so is not a wise choice: utilities will play a central role in this new scenario and should not be ignored.

Architecture and Economics for Grid Operation 3.0

Le Xie,Meng Wu,P. R. Kumar

Author : Le Xie,Meng Wu,P. R. Kumar
Publisher : Foundations and Trends (R) in Electric Energy Systems
Page : 136 pages
File Size : 53,6 Mb
Release : 2018-12-19
Category : Electronic
ISBN : 1680835009

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Architecture and Economics for Grid Operation 3.0 by Le Xie,Meng Wu,P. R. Kumar Pdf

This monograph presents a possible research agenda for analytics and control of a deep decarbonized electric grid with pervasive data, interactive consumers, and power electronics interfaces. It focuses on new lines of investigation that are driven by new technological, economical, and policy factors. Conventional monitoring and control of the power grid heavily depends upon the physical principles of the underlying engineering systems. There is however increasing complexity of the physical models compounded by a lack of precise knowledge of their parameters, as well as new uncertainties arising from behavioral, economic, and environmental aspects. On the other hand there is increasing availability of sensory data in the engineering and economic operations and it becomes attractive to leverage such data to model, monitor, analyze, and potentially close control loops over data. The increasing deployment of large numbers of Phasor Measurement Units (PMUs) provides the potential for providing timely and actionable information about the transmission system. Chapter 2 examines a framework for drastically reducing the dimensionality of the high volume streaming data, while preserving its salient features for purposes such as event detection, classification and visualization, and potentially even to close the loop around the data. Driven by the deepening penetration of renewable energy resources at both transmission and distribution levels, there is an increasing need for utilizing power electronics interfaces as intelligent devices to benefit the overall grid. Chapter 3 offers a conceptual design and concrete examples of a qualitatively different power grid stabilization mechanism in the context of networked microgrids. Another major paradigm change in the operation of the grid is that demand will have to be engaged much more to balance the partially variable renewable energy supply, which in turn requires greater understanding of human behavior to economic variables such as price. Chapter 4 presents a possible formulation to model the behavior of individual consumers in future grid operations. Chapter 5 presents a proposed solution to the problem of detecting attacks on the sensor measurements in the grid, which has become a greater concern with increasing reliance on sensor data transported over communication networks, with both sensors and networks liable to malicious cyber-attacks. The goal of this monograph is to design clean, affordable, reliable, secure, and efficient electricity services. and to expand the horizon of the state of the research in the electric energy systems, at a critical time that is seeing the emergence of Grid 3.0. It is by no means complete and aims to stimulate research by next generation researchers.

IT Solutions for the Smart Grid

Tobias Brandt

Author : Tobias Brandt
Publisher : Springer
Page : 185 pages
File Size : 54,6 Mb
Release : 2016-02-03
Category : Computers
ISBN : 9783658124151

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IT Solutions for the Smart Grid by Tobias Brandt Pdf

Tobias Brandt outlines how information technology (IT) can be used to integrate sustainable energy technologies into existing infrastructures. The topic is approached from micro, meso, as well as macro perspectives. He first describes how IT artifacts can be used to manage renewable energy sources and energy storage devices in individual households and microgrids for an improved economic and ecological performance. The author proceeds by assessing the economic feasibility of aggregating electric vehicles for large-scale energy storage. The final chapter explores the issue of stability in automated mechanisms. A game-theoretical model is first introduced for financial markets and later transferred to the automated management of energy demand.

Modeling and Control Dynamics in Microgrid Systems with Renewable Energy Resources

Ramesh C. Bansal,J. J. Justo,F. Mwasilu

Author : Ramesh C. Bansal,J. J. Justo,F. Mwasilu
Publisher : Academic Press
Page : 433 pages
File Size : 45,7 Mb
Release : 2023-11-23
Category : Technology & Engineering
ISBN : 9780323909907

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Modeling and Control Dynamics in Microgrid Systems with Renewable Energy Resources by Ramesh C. Bansal,J. J. Justo,F. Mwasilu Pdf

Modelling and Control Dynamics in Microgrid Systems with Renewable Energy Resources looks at complete microgrid systems integrated with renewable energy resources (RERs) such as solar, wind, biomass or fuel cells that facilitate remote applications and allow access to pollution-free energy. Designed and dedicated to providing a complete package on microgrid systems modelling and control dynamics, this book elaborates several aspects of control systems from classical approach to advanced techniques based on artificial intelligence. It captures the typical modes of operation of microgrid systems with distributed energy storage applications like battery, flywheel, electrical vehicles infrastructures that are integrated within microgrids with desired targets. More importantly, the techno-economics of these microgrid systems are well addressed to accelerate the process of achieving the SDG7 i.e., affordable and clean energy for all (E4ALL). This reference presents the latest developments including step by step modelling processes, data security and standards protocol for commissioning of microgrid projects, making this a useful tool for researchers, engineers and industrialists wanting a comprehensive reference on energy systems models. Includes simulations with case studies and real-world applications of energy system models Detailed systematic modeling with mathematical analysis is covered Features possible operating scenarios with solutions to the encountered issues

Urban DC Microgrid

Manuela Sechilariu,Fabrice Locment

Author : Manuela Sechilariu,Fabrice Locment
Publisher : Butterworth-Heinemann
Page : 306 pages
File Size : 45,8 Mb
Release : 2016-05-10
Category : Technology & Engineering
ISBN : 9780128037874

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Urban DC Microgrid by Manuela Sechilariu,Fabrice Locment Pdf

Urban DC Microgrid: Intelligent Control and Power Flow Optimization focuses on microgrids for urban areas, particularly associated with building-integrated photovoltaic and renewable sources. This book describes the most important problems of DC microgrid application, with grid-connected and off-grid operating modes, aiming to supply DC building distribution networks. The book considers direct current (DC) microgrid to supply DC building distribution networks for positive energy buildings; dynamic interactions with the utility grid based on communication with the smart grid; supervisory control systems; and energy management. The global power system is exposed and the DC microgrid system is presented and analyzed with results and discussion, highlighting both the advantages and limitations of the concept. Coverage at the system level of microgrid control as well as the various technical aspects of the power system components make this a book interesting to academic researchers, industrial energy researchers, electrical power and power system professionals. Provides a strong overview of microgrid modelling Describes the most important problems of DC microgrid application, with grid-connected and off-grid operating modes, aiming to supply DC building distribution networks Offers experimental problem examples and results Includes supervisory control and energy management

The Economics Of Microgrids

The Economics of Microgrids by Amin Khodaei,Ali Arabnya Pdf

The Economics of Microgrids by Amin Khodaei,Ali Arabnya Pdf

Optimization of Unit Commitment and Economic Dispatch in Microgrids Based on Genetic Algorithm and Mixed Integer Linear Programming by Mohsen Shiralizadeh Nemati Pdf

The Microgrid Revolution by Mahesh P. Bhave Ph.D. Pdf

Micro and Local Power Markets by Andreas Sumper Pdf

Microgrids by Amjad Anvari-Moghaddam,Hamdi Abdi,Behnam Mohammadi-Ivatloo,Nikos Hatziargyriou Pdf

Energy Storage, Grid Integration, Energy Economics, and the Environment by Radian Belu Pdf

Microgrids by Amjad Anvari-Moghaddam Pdf

Microgrids and Local Energy Systems by Nick Jenkins Pdf

Microgrids by Nikos Hatziargyriou Pdf

Microgrids Design and Implementation by Antonio Carlos Zambroni de Souza,Miguel Castilla Pdf

Architecture and Economics for Grid Operation 3.0 by Le Xie,Meng Wu,P. R. Kumar Pdf

IT Solutions for the Smart Grid by Tobias Brandt Pdf

Modeling and Control Dynamics in Microgrid Systems with Renewable Energy Resources by Ramesh C. Bansal,J. J. Justo,F. Mwasilu Pdf

Urban DC Microgrid by Manuela Sechilariu,Fabrice Locment Pdf

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