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Demand Response Application in Smart Grids

Concepts and Planning Issues - Volume 1

Kazem Zare (Hrsg.), Sayyad Nojavan (Hrsg.)

PDF
ca. 96,29
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Springer International Publishing img Link Publisher

Naturwissenschaften, Medizin, Informatik, Technik / Wärme-, Energie- und Kraftwerktechnik

Beschreibung

This book analyzes the economic and technical effects of demand response programs in smart grids. A variety of operational and financial benefits are offered by demand response programs (DRPs) for load-serving entities, grid operators, and electricity consumers. The most notable advantages of DRPs are presented in this book, including decreased electricity prices, risk management, market power mitigation, and flexibility of market operations. In-depth chapters discuss the integration of demand response programs for the planning and operation of smart grids and explore the uncertainties of market prices, renewable resources and intermittent load management, making this a useful reference for a variety of different organizations and players in the electricity market, such as reliability organizations, distribution companies, transmission companies, and electric end-users.

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Schlagwörter

Electricity markets, Hybrid energy systems, DC and AC power flow, Microgrids, Demand response program, Smart grid, Time-based rate program, Electric vehicles, Incentive-based rate program