Towards Future Smart Power Systems with High Penetration of Renewables

Towards Future Smart Power Systems with High Penetration of Renewables: Emerging Technologies, New Tools, and Case Studies explores the latest tools and approaches for smart power systems with high-scale integration of renewable energy, covering technology, optimization, control, forecasting, and market structures. The first section of the book on emerging technologies and energy vectors identifies some of the most prominent energy carriers in future power systems, and discusses the implications of different energy technologies as well as their advantages and disadvantages. This is followed by a section focusing on new markets, businesses and structures, discussing how such energy carriers should be managed within existing or future market structures, and discussing the different opportunities and challenges bought by renewable technologies. The third part of the book analyzes real projects and case studies, offering steps forward in the large-scale integration of renewable energy in existing power systems. Finally, the fourth section examines optimization and control for power systems with renewables. covering the needs of future power systems regarding their optimization and control and describing some of the new tools required, with an emphasis on planning, management and forecasting in future power systems. Drawing on real examples, case studies, computational tools, and analysis, this book is a valuable resource for all those with an interest in renewable energy integration and smart power systems, including students, researchers, faculty, engineers, R&D, industry personnel, and policy makers.