Risk Based Energy Management 2

Risk-Based Energy Management: DC, AC and Hybrid AC-DC Microgrids defines the problems and challenges of DC, AC and hybrid AC-DC microgrids and considers the right tactics and risk-based scheduling to tackle them. The book looks at the intermittent nature of renewable generation, demand and market price with the risk to DC, AC and hybrid AC-DC microgrids, which makes it relevant for anyone in renewable energy demand and supply. As utilization of distributed energy resources and the intermittent nature of renewable generations, demand and market price can put the operation of DC, AC and hybrid AC-DC microgrids at risk, this book presents a timely resource. - Discusses both the challenges and solutions surrounding DC, AC and hybrid AC-DC microgrids - Proposes robust scheduling of DC, AC and hybrid AC-DC microgrids under uncertain environments - Includes modeling upstream grid prices, renewable resources and intermittent load in the decision-making process of DC, AC and hybrid AC-DC microgrids

This book introduces current managerial approaches to energy production and energy use. The volume analyses how to manage technological developments that contribute to lowering the price of energy production and also focuses on the impact renewable energy sources that provide continuity in energy production and how to manage it. The book presents studies on the effectiveness of wind, solar, biomass, geothermal and hydroelectric energies and discusses current technological approaches to prevent environmental pollution such as carbon capture and storage. Furthermore, the book includes sustainable economic and financial strategies to use energy more effectively and efficiently. It thus appeals not only to an academic readership but also to energy management professionals working in this field.

Energy management problems associated with rapid institutional, political, technical, ecological, social and economic development have been of critical concern to both national and local governments worldwide for many decades; thus, addressing such issues is a global priority.

This book features selected high-quality papers presented at International Conference on Electrical and Electronics Engineering (ICEEE 2022), jointly organized by University of Malaya and Bharath Institute of Higher Education and Research India during January 8–9, 2022, at NCR New Delhi, India. The book focuses on current development in the fields of electrical and electronics engineering. The book one covers electrical engineering topics–power and energy including renewable energy, power electronics and applications, control, and automation and instrumentation and book two covers the areas of robotics, artificial intelligence and IoT, electronics devices, circuits and systems, wireless and optical communication, RF and microwaves, VLSI, and signal processing. The book is beneficial for readers from both academia and industry.

This book mainly investigates the cooperative optimal control of hybrid energy system, it presents security control, multi-objective optimization, distributed optimization and distributed control approaches for tackling with security, economic and stability problem of the hybrid energy system. It aims to solve some challenging problems including security issue, economic cost or benefits from both power generation side and load demand side, and coordination among different power generators. The methods proposed in this book is novel and attractive, it consists of the hierarchical optimal control strategy for the security issue, multi-objective optimization for both economic and emission issue, and distributed optimal control for coordination among power generators. Readers can learn novel methods or technique for tackling with the security issue, multiple-objective problem, and distributed coordination problem. It also may inspire readers to improve some drawbacks of existing alternatives. Some fundamental knowledge prepared to read this book includes basic principles of the multi-agents system, robust optimization, Pareto-dominance optimization, and background of electrical engineering and renewable energy.

Energy Management in Plastics Processing: Strategies, Targets, Techniques, and Tools, Third Edition, addresses energy benchmarking and site surveys, how to understand energy supplies and bills, and how to measure and manage energy usage and carbon footprinting. The book's approach highlights the need to reduce the kWh/kg of materials processed and the resulting permanent reductions in consumption and costs. Every topic is covered in a 2-page spread, providing the reader with clear actions and key tips for success. This revised third edition covers new developments in energy management, power supply considerations, automation, assembly operations, water footprinting, and transport considerations, and more. Users will find a practical workbook that not only shows how to reduce energy consumption in all the major plastics shaping processes (moulding, extrusion, forming), but also provides tactics that will benefit other locations in plants (e.g. in factory services and nonmanufacturing areas). - Enables plastics processors in their desire to institute an effective energy management system, both in processing and elsewhere in the plant - Provides a holistic perspective, shining a light on areas where energy management methods may have not been previously considered - Acts as a roadmap to help companies move towards improved sustainability and cost savings

Scheduling and Operation of Virtual Power Plants: Technical Challenges and Electricity Markets provides a multidisciplinary perspective on recent advances in VPPs, ranging from required infrastructures and planning to operation and control. The work details the required components in a virtual power plant, including smartness of power system, instrument and information and communication technologies (ICTs), measurement units, and distributed energy sources. Contributors assess the proposed benefits of virtual power plant in solving problems of distributed energy sources in integrating the small, distributed and intermittent output of these units. In addition, they investigate the likely technical challenges regarding control and interaction with other entities. Finally, the work considers the role of VPPs in electricity markets, showing how distributed energy resources and demand response providers can integrate their resources through virtual power plant concepts to effectively participate in electricity markets to solve the issues of small capacity and intermittency. The work is suitable for experienced engineers, researchers, managers and policymakers interested in using VPPs in future smart grids. - Explores key enabling technologies and infrastructures for virtual power plants in future smart energy systems - Reviews technical challenges and introduces solutions to the operation and control of VPPs, particularly focusing on control and interaction with other power system entities - Introduces the key integrating role of VPPs in enabling DER powered participative electricity markets