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Business Models and Reliable Operation of Virtual Power Plants

Author: Heping Jia

Publisher: Springer Nature

Published: 2023-01-02

Total Pages: 167

ISBN-13: 9811978468

This book focuses on the business operation of virtual power plants. Both of the business models and reliable operation of virtual power plants have been addressed with engineering practices. This is achieved by providing an in-depth study on several major topics such as load forecasting for distributed energy resources, business model and practice of virtual power plants, the business operation of virtual power plants participating in demand response, and auxiliary service market. The dynamic pricing strategy of virtual power plants and reliable operation of power systems with virtual power plants are provided as well. The comprehensive and systematic treatment in business operation of virtual power plants is one of the major features of the book, which is particularly suited for readers who are interested to learn operation mechanisms of virtual power plants. The book benefits researchers, engineers, and graduate students in the fields of energy internet, electrical engineering, and business administration, etc.

Scheduling and Operation of Virtual Power Plants

Author: Ali Zangeneh

Publisher: Elsevier

Published: 2022-01-25

Total Pages: 450

ISBN-13: 0323852688

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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

Virtual Power Plants and Electricity Markets

Author: Luis Baringo

Publisher: Springer Nature

Published: 2020-09-03

Total Pages: 381

ISBN-13: 3030476022

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This textbook provides a detailed analysis of operation and planning problems faced by virtual power plants participating in different electricity markets. The chapters address in-depth, topics such as: optimization, market power, expansion, and modelling uncertainty in operation and planning problems of virtual power plants. The book provides an up-to-date description of decision-making tools to address challenging questions faced by virtual power plants such as: How can virtual power plants optimize their participation in electricity markets? How can a virtual power plant exercise market power? How can virtual power plants be optimally expanded? How can uncertainty be efficiently modelled in the operation and planning problems of virtual power plants? The book is written in a tutorial style and modular format, and includes many illustrative examples to facilitate comprehension. It is intended for a diverse audience including advanced undergraduate and graduate students in the fields of electric energy systems, operations research, and economics. Practitioners in the energy sector will also benefit from the concepts and techniques presented in this book. In particular, this book: Provides students with the GAMS codes to solve the examples in the book; Provides a basis for the formulation of decision-making problems under uncertainty; Contains a blend of theoretical concepts and practical applications that are developed as working algorithms.

Virtual Power Plant Solution for Future Smart Energy Communities

Author: Ehsan Heydarian-Forushani

Publisher: CRC Press

Published: 2022-07-25

Total Pages: 293

ISBN-13: 1000609758

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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.

Place to Space

Author: Peter Weill

Publisher: Harvard Business Press

Published: 2001-05-28

Total Pages: 390

ISBN-13: 1422163431

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Place to Space is the essential e-business playbook that will give leaders the insight and confidence they need to operate successfully in both place and space. The book explains how traditional companies can adapt their bricks-and-mortar legacies to complement and bolster their online ventures. Based on extensive research into dozens of e-business initiatives, this book provides the first systematic, practical analysis of eight viable e-business models; an adaptable hybrid model for competing against online pure plays; and revolutionary schematic tools for analyzing current business models and evaluating promising new web initiatives. Through illuminating case studies of Lonely Planet, General Electric, CDNow, Reuters, and others, the authors show how each model works in practice--from how it makes money to the core competencies and critical factors required to implement it.

Author:

Publisher: Springer Nature

Published:

Total Pages: 890

ISBN-13: 9464634154

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Provision of Ancillary Services by Distributed Generators

Author: Martin Braun

Publisher: kassel university press GmbH

Published: 2009

Total Pages: 275

ISBN-13: 3899586395

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Leading the Revolution

Author: Gary Hamel

Publisher: Harvard Business Press

Published: 2002

Total Pages: 337

ISBN-13: 9781591391463

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Fully revised with a new introduction, this book provides an action plan for any company or individual intent on becoming and staying an industry revolutionary. Hamel argues that the fundamental challenge companies face is reinventing themselves and their industries, not just in times of crisis - but continually. Based on an extensive study of "gray-haired revolutionaries," including Charles Schwab, Cisco, Virgin, UPS, Semex, and GE Capital, Leading the Revolution shows how companies can continue to grow and thrive, even in ever-changing turbulent world markets. Distinctive features and benefits to readers: explains the underlying principles of radical innovation; explores where revolutionary new business concepts come from; identifies the key design criteria for building companies that are activist-friendly and revolution-ready; and details the steps your company must take to make innovation an enduring capability. Packed with insight and practical advice, Leading the Revolution shows you how to: get off the treadmill of incrementalism; save your company from becoming a "one-vision wonder"; harness the imagination and passion of every employee; and create vibrant internal markets for ideas, capital, and talent.

Advances in Wireless Communications and Applications

Author: Lakhmi C. Jain

Publisher: Springer Nature

Published: 2022-06-23

Total Pages: 188

ISBN-13: 981193486X

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This book features selected papers presented at the 5th International Conference on Wireless Communications and Applications (ICWCA 2021), held at Hainan University, China. The book will focus on the presentation of the newest trends and achievements in the development of intelligent algorithms and network technologies in smart communications, with application in underwater communications, IoT-based marine surface communications as well as state-of-the-art real-time precise location technologies, WiFi/Bluetooth locationing, array signal processing and many others.

Integrating Renewables in Electricity Markets

Author: Juan M. Morales

Publisher: Springer Science & Business Media

Published: 2013-12-03

Total Pages: 434

ISBN-13: 1461494117

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This addition to the ISOR series addresses the analytics of the operations of electric energy systems with increasing penetration of stochastic renewable production facilities, such as wind- and solar-based generation units. As stochastic renewable production units become ubiquitous throughout electric energy systems, an increasing level of flexible backup provided by non-stochastic units and other system agents is needed if supply security and quality are to be maintained. Within the context above, this book provides up-to-date analytical tools to address challenging operational problems such as: • The modeling and forecasting of stochastic renewable power production. • The characterization of the impact of renewable production on market outcomes. • The clearing of electricity markets with high penetration of stochastic renewable units. • The development of mechanisms to counteract the variability and unpredictability of stochastic renewable units so that supply security is not at risk. • The trading of the electric energy produced by stochastic renewable producers. • The association of a number of electricity production facilities, stochastic and others, to increase their competitive edge in the electricity market. • The development of procedures to enable demand response and to facilitate the integration of stochastic renewable units. This book is written in a modular and tutorial manner and includes many illustrative examples to facilitate its comprehension. It is intended for advanced undergraduate and graduate students in the fields of electric energy systems, applied mathematics and economics. Practitioners in the electric energy sector will benefit as well from the concepts and techniques explained in this book.