Deregulated Electricity Structures and Smart Grids

This paper discusses the fundamental concepts of the deregulated electricity market under the smart grid structure. It also covers AC and DC grid modeling, MATLAB-based simulations, and the extraction of energy from renewable energy sources.

Format: Hardback
Length: 314 pages
Publication date: 13 April 2022
Publisher: Taylor & Francis Ltd

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The course covers the fundamental concepts of a deregulated electricity market within the framework of a smart grid. It delves into the modeling of both AC and DC grids under the smart grid structure, utilizing MATLAB-based simulations and results to address deregulated market problems. Additionally, it explores the extraction of energy from renewable energy sources within the context of a smart grid, highlighting the opportunities and challenges associated with this transition.

The course aims to provide a comprehensive understanding of the deregulated electricity market within the context of a smart grid. It begins by introducing the fundamental concepts of a smart grid, including its architecture, components, and technologies. The students will then explore the modeling of both AC and DC grids under the smart grid structure, using MATLAB-based simulations to analyze various market scenarios and problems.

In the next section, the course focuses on the extraction of energy from renewable energy sources under the deregulated electricity market with a smart grid. The students will learn about the different types of renewable energy sources, such as solar, wind, hydro, and geothermal, and their characteristics. They will discuss the challenges and opportunities associated with integrating renewable energy into the grid, including grid stability, power quality, and renewable energy policy.

The course also emphasizes the role of smart grid technologies in facilitating the integration of renewable energy and improving the efficiency of the electricity distribution system. The students will learn about smart grid technologies such as energy storage, demand response, and power electronics, and their applications in improving grid performance and reducing energy consumption.

Throughout the course, the students will have hands-on opportunities to apply the theoretical concepts learned in MATLAB-based simulations and case studies. They will work on projects that simulate real-world scenarios and analyze the impact of smart grid technologies on the deregulated electricity market.

By the end of the course, the students will have a solid foundation in the fundamental concepts of a deregulated electricity market within the framework of a smart grid. They will be able to analyze and solve complex market problems, and design and implement smart grid technologies to promote the integration of renewable energy and improve the efficiency of the electricity distribution system.

Weight: 771g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367754334