Emerging Transactive Energy Technology for the Future Modern Energy Networks looks at the importance of transactive energy technology in modern multi-carrier energy networks, exploring modeling and optimization and analyzing the necessity of transactive energy technology for future modern energy networks. Along with energy technology, the book covers applications of transactive energy technology, strategies in optimal operation of the hybrid energy networks, reliable and sustainable development of the modern energy networks, and design, integration and operation of a full level of renewable energy resources. This reference is intended for energy, power, mechanical and environmental engineers, researchers and postgraduate students who work in various types of energy systems. - Discusses the application of transactive energy technology in modernizing future energy networks - Investigates the optimal integration of 100% renewable energy resources in modern hybrid energy networks - Provides a holistic, transactive energy-based framework for creating interoperability between multi-carrier energy networks
Emerging Transactive Energy Technology for the Future Modern Energy Networks looks at the importance of transactive energy technology in modern multi-carrier energy networks, exploring modeling and optimization and analyzing the necessity of transactive energy technology for future modern energy networks. Along with energy technology, the book covers applications of transactive energy technology, strategies in optimal operation of the hybrid energy networks, reliable and sustainable development of the modern energy networks, and design, integration and operation of a full level of renewable energy resources. This reference is intended for energy, power, mechanical and environmental engineers, researchers and postgraduate students who work in various types of energy systems. - Discusses the application of transactive energy technology in modernizing future energy networks - Investigates the optimal integration of 100% renewable energy resources in modern hybrid energy networks - Provides a holistic, transactive energy-based framework for creating interoperability between multi-carrier energy networks
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. Analyzes economic and technical elements of DRPs in smart grids Discusses the uncertainties of market prices, renewable resources and intermittent load Presents the most-up-to-date technological approaches to energy integration.
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