Demand Response Application in Smart Grids : Concepts and Planning Issues - Volume 1

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 a...

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Corporate Author: SpringerLink (Online service)
Other Authors: Nojavan, Sayyad (Editor), Zare, Kazem (Editor)
Format: eBook
Language:English
Published: Cham Springer International Publishing 2020, 2020
Edition:1st ed. 2020
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Summary: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
Physical Description:IX, 282 p. 140 illus., 126 illus. in color online resource
ISBN:9783030313999