Consumer Prosumer Prosumager

Consumer  Prosumer  Prosumager
Author: Fereidoon P. Sioshansi
Publsiher: Academic Press
Total Pages: 550
Release: 2019-02-19
Genre: Business & Economics
ISBN: 9780128168363

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Consumers, Prosumers, Prosumagers: How Customer Stratification will Disrupt the Utility Business Model examines customer stratification in the electric power sector, arguing that it is poised to become one of the fundamental drivers of the 21st century power network as distributed energy generation, storage, sharing and trading options become available at scale. The book addresses the interface and the relationship between key players and their impacts on incumbent and disruptive service providers. Topics covered include innovations that lead to consumer stratification, regulatory policy, the potential of service, the speed and spread of stratification, and a review of potential business models and strategies. The work also covers the evolution and potential end-states of electricity service provision, from its basis in current pilot programs as distributed generation scales and its potential to supplant industry norms. Explores the impacts and trajectories of increasing distributed power generation and storage adoption Analyzes the growing number of electricity services and their impact on the existing power grid and service providers, including incumbent and disruptor utilities Discusses future market trends and trends in costs, pricing and business models

Behind and Beyond the Meter

Behind and Beyond the Meter
Author: Fereidoon Sioshansi
Publsiher: Academic Press
Total Pages: 460
Release: 2020-02-01
Genre: Business & Economics
ISBN: 9780128204146

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The historical ways in which electricity was generated in large central power plants and delivered to passive customers through a one-way transmission and distribution network – as everyone knows – is radically changing to one where consumers can generate, store and consume a significant portion of their energy needs energy locally. This, however, is only the first step, soon to be followed by the ability to share or trade with others using the distribution network. More exciting opportunities are possible with the increased digitalization of BTM assets, which in turn can be aggregated into large portfolios of flexible load and generation and optimized using artificial intelligence and machine learning. Examines the latest advances in digitalization of behind-the-meter assets including distributed generation, distributes storage and electric vehicles and – more important – how these assets can be aggregated and remotely monitored unleashing tremendous value and a myriad of innovative services and business models Examines what lies behind-the-meter (BTM) of typical customers and why managing these assets increasingly matter Describes how smart aggregators with intelligent software are creating value by optimizing how energy may be generated, consumed, stored o potentially shared o traded and between consumers; prosumers and prosumagers (that is, prosumers with storage) Explores new business models that are likely to disrupt the traditional interface between the incumbents and their customers

Innovation and Disruption at the Grid s Edge

Innovation and Disruption at the Grid   s Edge
Author: Fereidoon P. Sioshansi
Publsiher: Academic Press
Total Pages: 460
Release: 2017-05-10
Genre: Business & Economics
ISBN: 9780128117637

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Innovation and Disruption at the Grid’s Edge examines the viable developments in peer-to-peer transactions enabled by open platforms on the grid’s edge. With consumers and prosumers using more electronic platforms to trade surplus electricity from rooftop solar panels, share a storage battery, or use smart gadgets that manage load and self-generation, the grid's edge is becoming crowded. The book examines the growing number of consumers engaging in self-generation and storage, and analyzes the underlying causes and drivers of change, as well as the implications of how the utility sector—particularly the distribution network—should/could be regulated. The book also explores how tariffs are set and revenues are collected to cover both fixed and variable costs in a sustainable way. This reference is useful for anyone interested in the areas of energy generation and regulation, especially stakeholders engaged in the generation, transmission, and distribution of power. Examines the new players that will disrupt the energy grid markets Offers unique coverage of an emerging and unpublished topic Helps the reader understand up-to-date energy regulations and pricing innovations

Future of Utilities Utilities of the Future

Future of Utilities   Utilities of the Future
Author: Fereidoon P. Sioshansi
Publsiher: Academic Press
Total Pages: 492
Release: 2016-03-15
Genre: Technology & Engineering
ISBN: 9780128043202

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Future of Utilities - Utilities of the Future: How technological innovations in distributed generation will reshape the electric power sector relates the latest information on the electric power sector its rapid transformation, particularly on the distribution network and customer side. Trends like the rapid rise of self-generation and distributed generation, microgrids, demand response, the dissemination of electric vehicles and zero-net energy buildings that promise to turn many consumers into prosumers are discussed. The book brings together authors from industry and academic backgrounds to present their original, cutting-edge and thought-provoking ideas on the challenges currently faced by electric utilities around the globe, the opportunities they present, and what the future might hold for both traditional players and new entrants to the sector. The book's first part lays out the present scenario, with concepts such as an integrated grid, microgrids, self-generation, customer-centric service, and pricing, while the second part focuses on how innovation, policy, regulation, and pricing models may come together to form a new electrical sector, exploring the reconfiguring of the current institutions, new rates design in light of changes to retail electricity markets and energy efficiency, and the cost and benefits of integration of distributed or intermittent generation, including coupling local renewable energy generation with electric vehicle fleets. The final section projects the future function and role of existing electrical utilities and newcomers to this sector, looking at new pathways for business and pricing models, consumer relations, technology, and innovation. Contains discussions that help readers understand the underlying causes and drivers of change in the electrical sector, and what these changes mean in financial, operational, and regulatory terms Provides thought-provoking ideas on the challenges currently faced by electric utilities around the globe, the opportunities they present, and what the future might hold for both traditional players and new entrants to the sector Helps readers anticipate what developments are likely to define the function and role of the utility of the future

Variable Generation Flexible Demand

Variable Generation  Flexible Demand
Author: Fereidoon Sioshansi
Publsiher: Academic Press
Total Pages: 594
Release: 2020-11-15
Genre: Technology & Engineering
ISBN: 9780128241912

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Variable Generation, Flexible Demand looks at a future in which power system researchers, operators and analysts need to predict variable renewable generation and schedule demand to match it. Contributors survey the significant expansion in the role of flexible demand in balancing supply and demand in conjunction with flexible generation in ‘peaking plants’ and energy storage as the proportion of variable renewable generation rises in many systems across the world. Supported with case studies, the book examines practical ways that demand flexibility can play a constructive role as more systems move towards higher levels of renewable generation in their electricity mix. Examines practical ways that demand flexibility can play a constructive role in future energy systems Reviews the vital role of market design, business models, enabling technologies, policies and regulation in implementation of flexible demand Includes detailed case studies that address the role of flexible demand across transitioning power markets

Smart Grid

Smart Grid
Author: Fereidoon Perry Sioshansi
Publsiher: Academic Press
Total Pages: 510
Release: 2012
Genre: Science
ISBN: 9780123864529

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The creation of a flexible, efficient, digitized, dependable and resilient power grid may well be the best route to increasing energy efficiency & security, as well as boosting the potential of renewable & distributed power sources. However, there is still much confusion about the nature of the Smart Grid: What is it? What work needs to be accomplished in order to make it a reality? How will it benefit the drive to diversify energy resources? This book covers Smart Grids from A-Z, providing a complete treatment of the topic, covering both policy and technology, explaining the most recent innovations supporting its development, and clarifying how the Smart Grid can support the integration of Renewable Energy resources. Among the most important topics included are smart metering, renewable energy storage, plug-in hybrids, flexible demand response, strategies for offsetting intermittency issues, micro-grids for off-grid communities, and specific in-depth coverage of wind and solar power integration. The content draws lessons from an international panel of contributors, whose diverse experiences implementing smart grids will help to provide templates for success. If we intend to undertake a meaningful overhaul of the way the world uses energy resources, we ignore grid management issues at our peril. Ultimately, this important book examines what the integration challenges are, what technology and policy needs to be in place in order to support uptake, and what The Smart Grid can do to enable solutions. Provides critical information on the technological, design and policy issues that must be taken into account to ensure that the smart grid is implemented successfully Demonstrates how smart grids can help utilities adhere to increased renewable portfolio standards Provides examples of successful microgrid/smart metering projects from around the world that can act as templates for developers, operators and investors embarking upon similar projects.

The Regulation and Policy of Latin American Energy Transitions

The Regulation and Policy of Latin American Energy Transitions
Author: Lucas Guimaraes
Publsiher: Elsevier Science
Total Pages: 396
Release: 2020-03
Genre: Business & Economics
ISBN: 9780128195215

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The Regulation and Policy of Latin American Energy Transitions examines the ongoing revolution within the energy landscape of Latin America. This book includes real-world examples from across the continent to demonstrate the current landscape of energy policy in Latin America. It focuses on distributed energy resources, including distributed generation, energy efficiency and microgrids, but also addresses the role of less common energy sources, such as geothermal and biogas, as well as discusses the changing role of energy actors, where consumers become prosumers or prosumagers, and utilities become service providers. The legal frameworks that are still hampering the transformation of the energy landscape are explored, together with an analysis of the economic, planning-related and social aspects of energy transitions, which can help address the issue of how inequalities are affecting and being affected by energy transitions. The book is suitable for policy makers, lawyers, economists and social science professionals working with energy policy, as well as researchers and industry professionals in the field. It is an ideal source for anyone involved in energy policy and regulation across Latin America. Reviews key legal and policy features defining success and failure within the diverse Latin American energy transitions Provides clear descriptions and comparisons of current and potential future policy frameworks in Latin America across differing social, economic, geo-political and policy contexts Analyzes the potential role of new technologies and practices in developing the region's energy economy Poses key regulatory challenges and possible means to finance the envisioned transitions

Electricity Market Reform

Electricity Market Reform
Author: Fereidoon P. Sioshansi,Wolfgang Pfaffenberger
Publsiher: Elsevier
Total Pages: 688
Release: 2006-04-13
Genre: Technology & Engineering
ISBN: 0080462715

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Since the late 1980s, policy makers and regulators in a number of countries have liberalized, restructured or “deregulated their electric power sector, typically by introducing competition at the generation and retail level. These experiments have resulted in vastly different outcomes - some highly encouraging, others utterly disastrous. However, many countries continue along the same path for a variety of reasons. Electricity Market Reform examines the most important competitive electricity markets around the world and provides definitive answers as to why some markets have performed admirably, while others have utterly failed, often with dire financial and cost consequences. The lessons contained within are direct relevance to regulators, policy makers, the investment community, industry, academics and graduate students of electricity markets worldwide. Covers electicity market liberalization and deregulation on a worldwide scale Features expert contributions from key people within the electricity sector

Competitive Electricity Markets

Competitive Electricity Markets
Author: Fereidoon P. Sioshansi
Publsiher: Elsevier
Total Pages: 624
Release: 2011-10-10
Genre: Technology & Engineering
ISBN: 0080557716

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After 2 decades, policymakers and regulators agree that electricity market reform, liberalization and privatization remains partly art. Moreover, the international experience suggests that in nearly all cases, initial market reform leads to unintended consequences or introduces new risks, which must be addressed in subsequent “reform of the reforms. Competitive Electricity Markets describes the evolution of the market reform process including a number of challenging issues such as infrastructure investment, resource adequacy, capacity and demand participation, market power, distributed generation, renewable energy and global climate change. Sequel to Electricity Market Reform: An International Perspective in the same series published in 2006 Contributions from renowned scholars and practitioners on significant electricity market design and implementation issues Covers timely topics on the evolution of electricity market liberalization worldwide

Generating Electricity in a Carbon Constrained World

Generating Electricity in a Carbon Constrained World
Author: Fereidoon P. Sioshansi
Publsiher: Academic Press
Total Pages: 632
Release: 2009-10-21
Genre: Technology & Engineering
ISBN: 0080889719

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The electric power sector is what keeps modern economies going, and historically, fossil fuels provided the bulk of the energy need to generate electricity, with coal a dominant player in many parts of the world. Now with growing concerns about global climate change, this historical dependence on fossil-fuels, especially those rich in carbon, are being questioned. Examining the implications of the industry's future in a carbon-constrained world, a distinct reality, is the subject of this book. Containing contributions from renowned scholars and academics from around the world, this book explores the various energy production options available to power companies in a carbon-constrained world. The three part treatment starts with a clear and rigorous exposition of the short term options including Clean Coal and Carbon Capture and Sequestration Technology, Coal, and Emission trading. Renewable energy options such as Nuclear Energy, Wind power, Solar power, Hydro-electric, and Geothermal energy are clearly explained along with their trade-offs and uncertainties inherent in evaluating and choosing different energy options and provides a framework for assessing policy solutions. This is followed by self-contained chapters of case-studies from all over the world. Other topics discussed in the book are Creating markets for tradable permits in the emerging carbon era, Global Action on Climate Change, The Impossibility of Staunching World CO2 Emissions and Energy efficiency. Clearly explains short term and long term options Contributions from renowned scholars and academics from around the world Case-studies from all over the world

Planning and Operation of Active Distribution Networks

Planning and Operation of Active Distribution Networks
Author: Antonio Carlos Zambroni de Souza,Bala Venkatesh
Publsiher: Springer Nature
Total Pages: 135
Release: 2022
Genre: Distributed generation of electric power
ISBN: 9783030908126

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This book offers a broad and detailed view about how traditional distribution systems are evolving smart/active systems. The reader will be able to share the view of a number of researchers directly involved in this field. For this sake, philosophical discussions are enriched by the presentation of theoretical and computational tools. A senior reader may incorporate some concepts not available during his/her graduation process, whereas new Engineers may have contact with some material that may be essential to his/her practice as professionals. .

Energy Sustainability and the Environment

Energy  Sustainability and the Environment
Author: Fereidoon P. Sioshansi
Publsiher: Elsevier
Total Pages: 640
Release: 2011-06-02
Genre: Technology & Engineering
ISBN: 0123851378

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The complexity of carbon reduction and economic sustainability is significantly complicated by competing aspects of socioeconomic practices as well as legislative, regulatory, and scientific requirements and protocols. An easy to read and understand guide, Sioshansi, along with an international group of contributors, moves through the maze of carbon reduction methods and technologies, providing steps and insights to meet carbon reduction requirements and maintaining the health and welfare of the firm. The book’s three part treatment is based on a clear and rigorous exposition of a wide range of options to reduce the carbon footprint Part 1 of the book, Challenge of Sustainability, examines the fundamental drivers of energy demand – economic growth, the need for basic energy services, and the interdependence of economic, political, environmental, social, equity, legacy and policy issues. Part 2 of the book, Technological Solutions, examines how energy can be used to support basic energy service needs of homes, commercial and industrial facilities and for other applications. Part 3 of the book, case studies, covers a number of innovative projects, initiatives, concepts or self-imposed targets in different parts of the world with the aim of significantly reducing energy use and carbon footprint of a company, a community, a city or an entire country. There was a widespread recognition among environmental engineers and energy economist of the importance of carbon reduction while sustaining the firm’s economic growth. The only book to bring together both subjects into one easy to understand reference, Carbon Reduction and Economic Sustainability not only clearly explains which option has the lowest energy/carbon footprint but also which option would better suit the business in question. This includes carbon reduction for residential, transport, industrial and public sectors. The only book to clearly explain the economic and environmental engineering aspects of carbon reduction. Case studies taken from a number of international projects. Carbon reduction options for all sectors of society. The role of the planning system in carbon reduction.

Anticipatory Systems

Anticipatory Systems
Author: Robert Rosen
Publsiher: Elsevier
Total Pages: 446
Release: 2013-10-22
Genre: Science
ISBN: 9781483286273

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The first detailed study of this most important class of systems which contain internal predictive models of themselves and/or of their environments and whose predictions are utilized for purposes of present control. This book develops the basic concept of a predictive model, and shows how it can be embedded into a system of feedforward control. Includes many examples and stresses analogies between wired-in anticipatory control and processes of learning and adaption, at both individual and social levels. Shows how the basic theory of such systems throws a new light both on analytic problems (understanding what is going on in an organism or a social system) and synthetic ones (developing forecasting methods for making individual or collective decisions).

Handbook on Electricity Markets

Handbook on Electricity Markets
Author: Glachant, Jean-Michel,Joskow, Paul L.,Pollitt, Michael G.
Publsiher: Edward Elgar Publishing
Total Pages: 672
Release: 2021-11-12
Genre: Business & Economics
ISBN: 9781788979955

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With twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity markets ever published.

Smart Grid Economics and Management

Smart Grid Economics and Management
Author: Clemens van Dinther,Christoph M. Flath,Reinhard Madlener
Publsiher: Springer Nature
Total Pages: 229
Release: 2022-05-07
Genre: Technology & Engineering
ISBN: 9783030842864

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This book focuses on market/regulatory issues concerning smart grid applications, business cases and use cases. It covers the most relevant aspects of the smart grid—design considerations, economics, legal aspects and system management—and includes exercises at the end of each chapter. Since renewable energy generation is weather-dependent, it is more volatile, which affects market prices and the need for flexibility options including demand side management. In order to balance supply and demand in a sustainable manner also with high shares of renewables, energy systems need to be enhanced by smart grid technologies. This co-evolutionary transformation of the energy system, economic, societal, political and regulatory domains is challenging and calls for an integrated and interdisciplinary approach. This book provides an essential basis to prepare lecturers and students for engaging in the new energy world.