A Reliance On Smart Power

This book identifies the challenges, solutions, and opportunities offered by smart energy grids (SEGs) with regard to the storage and regulation of diversified energy sources such as photovoltaic, wind, and ocean energy. It provides a detailed analysis of the stability and availability of renewable sources, and assesses relevant socioeconomic structures. The book also presents case studies to maximize readers’ understanding of energy grid management and optimization. Moreover, it offers guidelines on the design, implementation, and maintenance of the (SEG) for island countries.

This book provides an overview of state-of-the-art research on “Systems and Optimization Aspects of Smart Grid Challenges.” The authors have compiled and integrated different aspects of applied systems optimization research to smart grids, and also describe some of its critical challenges and requirements. The promise of a smarter electricity grid could significantly change how consumers use and pay for their electrical power, and could fundamentally reshape the current Industry. Gaining increasing interest and acceptance, Smart Grid technologies combine power generation and delivery systems with advanced communication systems to help save energy, reduce energy costs and improve reliability. Taken together, these technologies support new approaches for load balancing and power distribution, allowing optimal runtime power routing and cost management. Such unprecedented capabilities, however, also present a set of new problems and challenges at the technical and regulatory levels that must be addressed by Industry and the Research Community.

Smart Energy and Electric Power Systems: Current Trends and New Intelligent Perspectives reviews key applications of intelligent algorithms and machine learning techniques to increasingly complex and data-driven power systems with distributed energy resources to enable evidence-driven decision-making and mitigate catastrophic power shortages. The book reviews foundations towards the integration of machine learning and smart power systems before addressing key challenges and issues. The work then explores AI- and ML-informed techniques to rebalancing of supply and demand. Methods discussed include distributed energy resources and prosumer markets, electricity demand prediction, component fault detection, and load balancing. Security solutions are introduced, along with potential solutions to cyberattacks, security data detection and critical loads in power systems. The work closes with a lengthy discussion, informed by case studies, on integrating AI and ML into the modern energy sector. Helps improve the prediction capability of AI algorithms to make evidence-based decisions in the smart supply of electricity, including load shedding Focuses on how to integrate AI and ML into the energy sector in the real-world, with many chapters accompanied by case studies Addresses a number of proven AI and ML- informed techniques in rebalancing supply and demand

Present energy systems are undergoing a radical transformation, driven by the urgent need to address the climate change crisis. At the same time, we are witnessing the sharp growth of energy data and a revolution of advanced technologies, with artificial intelligence (AI) and Blockchain emerging as two of the most transformative technologies of our time. The convergence of these two technologies has the potential to create a paradigm shift in the energy sector, enabling the development of smart energy systems that are more resilient, efficient, and sustainable. This book situates itself at the forefront of this paradigm shift, providing a timely and comprehensive guide to AI and Blockchain technologies in the energy system. Moving from an introduction to the basic concepts of smart energy systems, this book proceeds to examine the key challenges facing the energy system, and how AI and Blockchain can be used to address these challenges. Research examples are presented to showcase the role and impact of these new technologies, while the latest developed testbeds are summarised and explained to help researchers accelerate their development of these technologies. This book is an indispensable guide to the current changes in the energy system, being of particular use to industry professionals, from researchers to management, looking to stay ahead of technological developments.

This book provides a general overview of virtual power plants (VPP) as a key technology in future energy communities and active distribution and transmission networks for managing distributed energy resources, providing local and global services, and facilitating market participation of small-scale managing distributed energy resources and prosumers. The book also aims at describing some practical solutions, business models, and novel architectures for the implementation of VPPs in the real world. Each chapter of the book begins with the fundamental structure of the problem required for a rudimentary understanding of the methods described. It provides a clear picture for practical implementation of VPP through novel technologies such as blockchain, digital twin, and distributed ledger technology. The book will help the electrical and power engineers, undergraduate, graduate students, research scholars, and utility engineers to understand the emerging solutions regarding the VPP concept lucidly.