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Demand Response Application in Smart Grids

Name: Demand Response Application in Smart Grids
Brand: Springer Nature Switzerland AG
SKU: 24520049
Price: 150.68 EUR
Availability: InStock
Author: Sayyad Nojavan
ISBN: 9783030313982

Concepts and Planning Issues - Volume 1

Sayyad Nojavan

Kazem Zare

Language

English

Book Hardback

Libristo code: 24520049

Publishers Springer Nature Switzerland AG, February 2020

This book analyses the economic and technical effects of demand response programs in smart grids. A... Full description

Libristo code: 24520049

365 b

150.68 €

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This book analyses 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.