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

2020 ed.

Book Details

Format Paperback / Softback
ISBN-10 3030314014
ISBN-13 9783030314019
Edition 2020 ed.
Publisher Springer Nature Switzerland AG
Imprint Springer Nature Switzerland AG
Country of Manufacture GB
Country of Publication GB
Publication Date Aug 26th, 2021
Print length 282 Pages
Ksh 18,000.00
Werezi Extended Catalogue 0 in stock

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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.

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