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Virtual Power Plants and Electricity Markets

Virtual Power Plants and Electricity Markets
  • Author : Luis Baringo,Morteza Rahimiyan
  • Publisher :Unknown
  • Release Date :2020-09-03
  • Total pages :381
  • ISBN : 9783030476021
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Summary : 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.

Abstract Flexibility Description for Virtual Power Plant Scheduling

Abstract Flexibility Description for Virtual Power Plant Scheduling
  • Author : Judith Fröhling
  • Publisher :Unknown
  • Release Date :2017
  • Total pages :229
  • ISBN : OCLC:1009040375
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Summary :

Market Operations in Electric Power Systems

Market Operations in Electric Power Systems
  • Author : Mohammad Shahidehpour,Hatim Yamin,Zuyi Li
  • Publisher :Unknown
  • Release Date :2003-05-28
  • Total pages :552
  • ISBN : 9780471463948
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Summary : An essential overview of post-deregulation market operations inelectrical power systems Until recently the U.S. electricity industry was dominated byvertically integrated utilities. It is now evolving into adistributive and competitive market driven by market forces andincreased competition. With electricity amounting to a $200 billionper year market in the United States, the implications of thisrestructuring will naturally affect the rest of the world. Why is restructuring necessary? What are the components ofrestructuring? How is the new structure different from the oldmonopoly? How are the participants strategizing their options tomaximize their revenues? What are the market risks and how are theyevaluated? How are interchange transactions analyzed and approved?Starting with a background sketch of the industry, this hands-onreference provides insights into the new trends in power systemsoperation and control, and highlights advanced issues in thefield. Written for both technical and nontechnical professionals involvedin power engineering, finance, and marketing, this must-haveresource discusses: * Market structure and operation of electric power systems * Load and price forecasting and arbitrage * Price-based unit commitment and security constrained unitcommitment * Market power analysis and game theory applications * Ancillary services auction market design * Transmission pricing and congestion Using real-world case studies, this timely survey offers engineers,consultants, researchers, financial managers, university professorsand students, and other professionals in the industry acomprehensive review of electricity restructuring and how itsradical effects will shape the market.

Multiagent System Technologies

Multiagent System Technologies
  • Author : Lars Braubach,Wiebe van der Hoek,Paolo Petta,Alexander Pokahr
  • Publisher :Unknown
  • Release Date :2009-09-03
  • Total pages :290
  • ISBN : 9783642041426
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Summary : This book constitutes the refereed proceedings of the 8th International Conference on Flexible Query Answering Systems, FQAS 2009, held in Roskilde, Denmark, in October 2009. The 57 papers included in this volume were carefully reviewed and selected from 90 submissions. They are structured in topical sections on database management, information retrieval, extraction and mining, ontologies and semantic web, intelligent information extraction from texts, advances in fuzzy querying, personalization, preferences, context and recommendation, and Web as a stream.

Micro Cogeneration

Micro Cogeneration
  • Author : Martin Pehnt,Martin Cames,Corinna Fischer,Barbara Praetorius,Lambert Schneider,Katja Schumacher,Jan-Peter Voß
  • Publisher :Unknown
  • Release Date :2006-01-16
  • Total pages :346
  • ISBN : 9783540308218
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Summary : The introduction of micro CHP – the simultaneous production of heat and power in a single building based on small energy conversion units such as Stirling and reciprocating engines or fuel cells – is of increasing political and public interest. This book introduces into micro CHP systems and technologies, and presents the results of the first such investigation carried out by four German research bodies.

Electric Distribution Network Management and Control

Electric Distribution Network Management and Control
  • Author : Ali Arefi,Farhad Shahnia,Gerard Ledwich
  • Publisher :Unknown
  • Release Date :2018-04-04
  • Total pages :345
  • ISBN : 9789811070013
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Summary : This book highlights the recent research advances in the area of operation, management and control of electricity distribution networks. It addresses various aspects of distribution network management, including operation, customer engagement and technology accommodation. Electricity distribution networks are an important part of the power delivery system, and the smart control and management of distribution networks is vital in order to satisfy technical, economic, and customer requirements. A new management philosophy, techniques, and methods are essential to handle uncertainties, security, and stability associated with the integration of renewable-based distributed generation units, demand forecast and customer needs. This book discusses these topics in the context of managing the capacity of distribution networks while addressing the future needs of electricity systems. Furthermore, the efficient and economic operation of distribution networks is an essential part of management of system for effective use of resources, and as such the also addresses operation and control approaches and techniques suitable for future distribution networks.

Operation of Distributed Energy Resources in Smart Distribution Networks

Operation of Distributed Energy Resources in Smart Distribution Networks
  • Author : Kazem Zare,Sayyad Nojavan
  • Publisher :Unknown
  • Release Date :2018-06-05
  • Total pages :422
  • ISBN : 9780128148921
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Summary : Operation of Distributed Energy Resources in Smart Distribution Networks defines the barriers and challenges of smart distribution networks, ultimately proposing optimal solutions for addressing them. The book considers their use as an important part of future electrical power systems and their ability to improve the local flexibility and reliability of electrical systems. It carefully defines the concept as a radial network with a cluster of distributed energy generations, various types of loads, and energy storage systems. In addition, the book details how the huge penetration of distributed energy resources and the intermittent nature of renewable generations may cause system problems. Readers will find this to be an important resource that analyzes and introduces the features and problems of smart distribution networks from different aspects. Integrates different types of elements, including electrical vehicles, demand response programs, and various renewable energy sources in distribution networks Proposes optimal operational models for the short-term performance and scheduling of a distribution network Discusses the uncertainties of renewable resources and intermittent load in the decision-making process for distribution networks

2019 IEEE 3rd Conference on Energy Internet and Energy System Integration (EI2)

2019 IEEE 3rd Conference on Energy Internet and Energy System Integration (EI2)
  • Author : IEEE Staff
  • Publisher :Unknown
  • Release Date :2019-11-08
  • Total pages :229
  • ISBN : 1728131383
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Summary : EI 2 2019 focus on the innovative technologies and practical implementations around 2 EIs (EI 2 in abbreviation) Energy Internet and Energy System Integration , which can be interpreted as multiple energy supply system or energy high effective utilization or energy system enrolled with Internet and the related concept The conference aims to promote the integration, openness, and coordination of various energy resources and shaping a green, low carbon, economical energy ecosystem

Advances and New Trends in Environmental Informatics

Advances and New Trends in Environmental Informatics
  • Author : Volker Wohlgemuth,Frank Fuchs-Kittowski,Jochen Wittmann
  • Publisher :Unknown
  • Release Date :2016-09-02
  • Total pages :368
  • ISBN : 9783319447117
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Summary : This book presents the latest findings and ongoing research in the field of green information systems as well as green information and communication technology (ICT). It provides insights into a whole range of cross-cutting concerns in ICT and environmental sciences and showcases how information and communication technologies allow environmental and energy efficiency issues to be handled effectively. Offering a selection of extended and reworked contributions to the 30th International Conference EnviroInfo 2016, it is essential reading for anyone wanting to extend their expertise in the area.

The Virtual Utility

The Virtual Utility
  • Author : Shimon Awerbuch,Alistair Preston
  • Publisher :Unknown
  • Release Date :2012-12-06
  • Total pages :409
  • ISBN : 9781461561675
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Summary : In the winter of 1996, after 4 years of planning and research, the Symposium on the Virtual Utility was held in Saratoga Springs, New York. It was sponsored by Niag ara Mohawk Power Corporation, Co-sponsored by CSC Index and the New York State Energy Research and Development Authority and hosted by Rensselaer Poly technic Institute, Troy, NY. The symposium sought to identify new areas of inquiry by presenting cutting-edge academic and practitioner research intended to further our understanding of the strategic, technologically-driven issues confronting the elec tricity production and distribution process. The program sought to offer new in sights into rapid changes in the utility industry, in part, by examining analogues from manufacturing and telecommunications. In addition to identifying new research areas, the symposium yielded a number of important findings and conclusions. This volume contains the presented papers of the meeting, the discussant reports and two special papers prepared by the meet ing rapporteurs who performed superbly in analyzing, synthesizing, explaining and generally bringing a cohesive perspective to the interesting yet complex set of ideas presented at this unique meeting. We would like to acknowledge the people and organizations that contributed to this effort. We thank Niagara Mohawk Power Corporation and Albert Budney, its President & Chief Operating Officer for sponsoring this project, and Andrew Vesey, Vice President, I whose vision, support and championing made this project possible.

Integration of Clean and Sustainable Energy Resources and Storage in Multi-Generation Systems

Integration of Clean and Sustainable Energy Resources and Storage in Multi-Generation Systems
  • Author : Farkhondeh Jabari,Behnam Mohammadi-Ivatloo,Mousa Mohammadpourfard
  • Publisher :Unknown
  • Release Date :2020-07-09
  • Total pages :355
  • ISBN : 9783030424206
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Summary : This book presents design principles, performance assessment and robust optimization of different poly-generation systems using renewable energy sources and storage technologies. Uncertainties associated with demands or the intermittent nature of renewables are considered in decision making processes. Economic and environmental benefits of these systems in comparison with traditional fossil fuels based ones are also provided. Case studies, numerical results, discussions, and concluding remarks have been presented for each proposed system/strategy. This book is a useful tool for students, researchers, and engineers trying to design and evaluate different zero-energy and zero-emission stand-alone grids.

Smart Microgrids

Smart Microgrids
  • Author : Majid Nayeripour,Mostafa Kheshti,Eberhard Waffenschmidt
  • Publisher :Unknown
  • Release Date :2018-07-11
  • Total pages :154
  • ISBN : 9781789234589
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Summary : Public support and feed-in tariff as a nonvariable compensation for the electric power production of energy have suppressed the risky investment of distributed generators (DGs) in smart distribution systems (SDSs). Although the using renewable energy technologies and the incorporation of plug-in DGs into SDS may have positive effects on congestion management, power loss reduction, and sustainability, they may create some difficulties relating to manage the system optimally by considering the intermittency of renewable resources in power production and uncertainties. Many researches have been carried out to deliver the high-quality power to the end-users with acceptable reliability. This book aims to present the recent materials related to the smart microgrids and the management of intermittent renewable energy sources that organized into seven chapters.

Distributed Power Generation

Distributed Power Generation
  • Author : H. Lee Willis
  • Publisher :Unknown
  • Release Date :2018-10-03
  • Total pages :616
  • ISBN : 9781351830898
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Summary : In the view of many power experts, distributed power generation represents the paradigm of the future. Distributed Power Generation: Planning and Evaluation explores the preparation and analysis of distributed generators (DGs) for residential, commercial and industrial, as well as electric utility applications. It examines distributed generation versus traditional, centralized power systems, power demands, reliability evaluation, planning processes, costs, reciprocating piston engine DGs, gas turbine powered DGs, fuel cell powered DGs, renewable resource DGs, and more. The authors include recommendations and guidelines for DG planners, and numerous case studies illustrate the discussions.

New Trends in Electrical Vehicle Powertrains

New Trends in Electrical Vehicle Powertrains
  • Author : Luis Romeral Martinez,Miguel Delgado Prieto
  • Publisher :Unknown
  • Release Date :2019-01-30
  • Total pages :234
  • ISBN : 9781789850215
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Summary : The electric vehicle and plug-in hybrid electric vehicle play a fundamental role in the forthcoming new paradigms of mobility and energy models. The electrification of the transport sector would lead to advantages in terms of energy efficiency and reduction of greenhouse gas emissions, but would also be a great opportunity for the introduction of renewable sources in the electricity sector. The chapters in this book show a diversity of current and new developments in the electrification of the transport sector seen from the electric vehicle point of view: first, the related technologies with design, control and supervision, second, the powertrain electric motor efficiency and reliability and, third, the deployment issues regarding renewable sources integration and charging facilities. This is precisely the purpose of this book, that is, to contribute to the literature about current research and development activities related to new trends in electric vehicle power trains.

2020 IEEE International Conference on Communications, Control, and Computing Technologies for Smart Grids (SmartGridComm)

2020 IEEE International Conference on Communications, Control, and Computing Technologies for Smart Grids (SmartGridComm)
  • Author : Anonim
  • Publisher :Unknown
  • Release Date :2020
  • Total pages :229
  • ISBN : OCLC:1240517637
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Summary :

Microgrid Architectures, Control and Protection Methods

Microgrid Architectures, Control and Protection Methods
  • Author : Naser Mahdavi Tabatabaei,Ersan Kabalci,Nicu Bizon
  • Publisher :Unknown
  • Release Date :2019-08-01
  • Total pages :781
  • ISBN : 9783030237233
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Summary : This book presents intuitive explanations of the principles of microgrids, including their structure and operation and their applications. It also discusses the latest research on microgrid control and protection technologies and the essentials of microgrids as well as enhanced communication systems. The book provides solutions to microgrid operation and planning issues using various methodologies including planning and modelling; AC and DC hybrid microgrids; energy storage systems in microgrids; and optimal microgrid operational planning. Written by specialists, it is filled in innovative solutions and research related to microgrid operation, making it a valuable resource for those interested in developing updated approaches in electric power analysis, design and operational strategies. Thanks to its in-depth explanations and clear, three-part structure, it is useful for electrical engineering students, researchers and technicians.

Integrating Renewables in Electricity Markets

Integrating Renewables in Electricity Markets
  • Author : Juan M. Morales,Antonio J. Conejo,Henrik Madsen,Pierre Pinson,Marco Zugno
  • Publisher :Unknown
  • Release Date :2013-12-03
  • Total pages :429
  • ISBN : 9781461494119
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Summary : 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.

Bidding Strategies for Virtual Power Plants Considering CHPs and Intermittent Renewables

Bidding Strategies for Virtual Power Plants Considering CHPs and Intermittent Renewables
  • Author : Anonim
  • Publisher :Unknown
  • Release Date :2015
  • Total pages :229
  • ISBN : OCLC:1052079893
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Summary : Highlights: A stochastic optimization evaluates the optimal bidding strategy of a VPP. Three different strategies were assessed: 'static', 'flexible DA' and 'flexible RT'. The 'flexible RT' attains the largest profits. It adapts the VPP output in real-time. Abstract: Energy efficiency and renewable-energy sources (RES) are fundamental parts of the European energy policy. For this reason, efficient distributed generation technologies such as combined heat and power coupled to district heating (CHP–DH) and RES based electricity are largely promoted. Additionally, the flexibility that CHP–DH offers to the power system is seen as an option to balance the intermittent output of RES-based generation. This could be done by aggregating RES based electricity generation and CHP DH in a virtual power plant (VPP). In this framework, the present work presents a methodology to evaluate the optimal bidding strategy of a VPP composed of a CHP–DH and RES based generators. The objective is to investigate the optimal bidding strategy for a VPP that uses CHP DH to compensate for the uncertainties regarding RES-based electricity generation and market prices. The VPP operator nominates its energy to the day ahead market the day before the actual delivery (D-1). In real time, any deviation from the day-ahead schedule is settled in the imbalance market. The uncertainties are modeled using a two stage stochastic programming approach. Three different bidding strategies are studied: 'static', 'flexible DA' and 'flexible RT'. The major difference between the studied strategies lies in the dispatch decisions. The 'static' strategy does not adjust the scheduled output of the CHP. Whereas, the 'flexible DA' and 'flexible RT' strategies differ from each other in terms of the information available at the moment of performing the reschedule (second stage decision). The 'flexible DA' reschedules the CHP output for the whole day assuming full knowledge of the RES scenario, but under uncertainty regarding the imbalance price. The 'flexible RT' strategy allows the VPP to adjust its position at each time step depending on the RES generation and imbalance price scenarios. The results show that in comparison with the 'static' strategy, the 'flexible DA' operation results in a profit increase during summer (5900 €/week), the intermediate season (2800 €/week) and winter (2700 €/week). This increase is moderate when compared against the total fuel cost in these seasons. Better results are obtained when the 'flexible RT' strategy is applied. Using this strategy larger profits are achieved for all seasons. For instance, during winter the difference between the 'flexible RT' operation and the 'static' case amounts to 22, 600 €/week, approximately 5% of the fuel cost.

Provision of Ancillary Services by Distributed Generators

Provision of Ancillary Services by Distributed Generators
  • Author : Martin Braun
  • Publisher :Unknown
  • Release Date :2009
  • Total pages :252
  • ISBN : 9783899586398
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Summary :

Maintenance Scheduling in Restructured Power Systems

Maintenance Scheduling in Restructured Power Systems
  • Author : M. Shahidehpour,M. Marwali
  • Publisher :Unknown
  • Release Date :2012-12-06
  • Total pages :264
  • ISBN : 9781461544739
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Summary : The overall goal of this book is to introduce algorithms for improving the economic posture of a utility company in a restructured power system by promoting cost-effective maintenance schedules. Today, cutting operations and maintenance (O&M) costs and preserving service reliability) are among the top priorities for managers ofutility companies. Preventive maintenance is perhaps the single largest controllable cost ofa utility2 operation. It is perceived that a careful planning and a good coordination among self-interested entities in a restructured power system are essential to achieving an optimal trade-off between the cost ofmaintenance and the service reliability. Traditional maintenance programs in verticall/ integrated utilities relied heavily on time-directed maintenance and manufacturer recommendations. This book offers a logical alternative to traditional electric utility maintenance practices and a basis for maintenance decisions. The book is organized as follows. Chapter I reviews various issues related to the power system operation and presents the role of restructuring in maintenance scheduling. In Chapter II, fundamental topics related to linear and nonlinear systems are reviewed. The duality in linear programming is discussed and integer programming is reviewed. Benders decomposition, Lagrangian relaxation, and Dantzig-Wolfe decomposition are presented. Several examples are given to demonstrate the applications ofdifferent methods. The formulation ofreactive power optimization is discussed which will be used again in Chapter VII.

Project Management in Nuclear Power Plant Construction

Project Management in Nuclear Power Plant Construction
  • Author : International Atomic Energy Agency
  • Publisher :Unknown
  • Release Date :2012
  • Total pages :124
  • ISBN : 9201222106
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Summary : This publication provides guidance on project management from the preparatory phase to plant turnover to commissioning of nuclear power plants. The guidelines and experiences described will enable project managers to obtain better performance in nuclear power plant construction.