Smart Grid Economics and Management

This book focuses on market/regulatory issues concerning smart grid applications, business cases, and use cases, covering design considerations, economics, legal aspects, and system management. It emphasizes the need for smart grid technologies to balance supply and demand in a sustainable manner with high shares of renewables, and calls for an integrated and interdisciplinary approach.

Format: Hardback
Length: 229 pages
Publication date: 08 May 2022
Publisher: Springer Nature Switzerland AG

This comprehensive book delves into the intricate realm of market/regulatory issues surrounding the deployment of smart grid applications, encompassing a wide range of business cases and use cases. It offers a comprehensive exploration of the most pertinent aspects of the smart grid, including design considerations, economic implications, legal aspects, and system management. To address the challenges posed by the volatility of renewable energy generation, which can impact market prices and the demand for flexibility options such as demand side management, the book emphasizes the importance of smart grid technologies in balancing supply and demand in a sustainable manner, particularly with the increasing prevalence of renewable energy sources. This transformative process, spanning the economic, societal, political, and regulatory domains, demands an integrated and interdisciplinary approach. As such, this book serves as an invaluable resource for lecturers and students seeking to equip themselves with the knowledge and skills necessary to navigate the dynamic landscape of the new energy world.
This comprehensive book delves into the intricate realm of market/regulatory issues surrounding the deployment of smart grid applications, encompassing a wide range of business cases and use cases. It offers a comprehensive exploration of the most pertinent aspects of the smart grid, including design considerations, economic implications, legal aspects, and system management. To address the challenges posed by the volatility of renewable energy generation, which can impact market prices and the demand for flexibility options such as demand side management, the book emphasizes the importance of smart grid technologies in balancing supply and demand in a sustainable manner, particularly with the increasing prevalence of renewable energy sources. This transformative process, spanning the economic, societal, political, and regulatory domains, demands an integrated and interdisciplinary approach. As such, this book serves as an invaluable resource for lecturers and students seeking to equip themselves with the knowledge and skills necessary to navigate the dynamic landscape of the new energy world.

This comprehensive book delves into the intricate realm of market/regulatory issues surrounding the deployment of smart grid applications, encompassing a wide range of business cases and use cases. It offers a comprehensive exploration of the most pertinent aspects of the smart grid, including design considerations, economic implications, legal aspects, and system management. To address the challenges posed by the volatility of renewable energy generation, which can impact market prices and the demand for flexibility options such as demand side management, the book emphasizes the importance of smart grid technologies in balancing supply and demand in a sustainable manner, particularly with the increasing prevalence of renewable energy sources. This transformative process, spanning the economic, societal, political, and regulatory domains, demands an integrated and interdisciplinary approach. As such, this book serves as an invaluable resource for lecturers and students seeking to equip themselves with the knowledge and skills necessary to navigate the dynamic landscape of the new energy world.

Weight: 547g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030842840
Edition number: 1st ed. 2022