Smart and Sustainable Power Systems Operations, Planning, and Economics of Insular Electricity Grids
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.
Overview of Insular Power Systems: Challenges and Opportunities. Forecasting Models and Tools for Load and Renewables Generation. Probabilistic Harmonic Power Flow Calculations with Uncertain and Correlated Data. Scheduling Models and Methods for Efficient and Reliable Operations. Reserves and Demand Response Coping with Renewables Uncertainty. Electric Price Signals, Economic Operation, and Risk Analysis. Renewable Generation and Distribution Grid Expansion Planning.
"This book draws from state-of-the-art results of the European Union co-operative research project "SINGULAR". It provides comprehensive knowledge centered on the critical challenges of smart grids in insular power systems."
—Professor Kai Strunz, Chair of Sustainable Electric Networks and Sources of Energy, Technical University of Berlin, Germany
"The book is addressing a timely subject, namely the study of insular (islanded) power grids with a predominant energy production from highly volatile energy conversion systems. The methodologies available in the literature for this specific field are well established and, therefore, mature enough for a book publication."
—Mario Paolone, Swiss Federal Institute of Technology of Lausanne (EPFL), Switzerland
"This book is a comprehensive overview of the challenges that achieving economic efficient and sustainable insular power systems pose. Low inertia small insular systems are an ideal test bed to demonstrate the challenges and solutions to ensure system reliability and security in systems with high penetration of intermittent renewable energy. The book proposes methods and tools for the integration of renewable generation taking advantage of new resources as storage and demand-side management in combination with smart grids. In this context, modelling, simulation and optimization techniques are presented for forecasting, scheduling, and dispatch of generation and demand, allocation of reserves, computation of prices, and network planning."
—Tomás Gómez San Román, Professor of Electrical Engineering, Institute for Research in Technology (IIT), Comillas University, Madrid (Spain)
"The strength of this book is its integrity, namely the fact that gathers a comprehensive knowledge that is currently spread in a large number of research articles. So, it can be very useful for a beginner or even an advanced researched on this specific field."
—Katsaprakakis Dimitris, Wind Energy and Power Plan