The pressing need for a smarter and greener grid is obvious, but how this goal should be achieved is much less clear. This book clearly defines the environmental promise of the smart grid and describes the policies necessary for fully achieving the environmental benefits of the digital energy revolution. The United States' electrical grid is an antique. It was built to serve a 20th-century economy and designed in an era when the negative environmental impacts of electricity production were poorly understood. It must be upgraded and modernized. The proposed solution is a "smart grid"—a network of new digital technologies, equipment, and controls that can respond quickly to the public's changing energy needs by facilitating two-way communication between the utility and consumers. This book explains the environmental benefit of a smart grid, examines case studies of existing smart grids, and identifies the legal and regulatory policy hurdles that must be overcome to fully realize the smart grid's benefits. Based on six diverse organizations' experience as "early adopters" in the digital energy revolution, the authors explore how a smart electric grid offers real promise for supercharging energy efficiency, democratizing demand response, electrifying transportation, preparing for ubiquitous distributed clean energy technologies, and automating the distribution system. Against the backdrop of climate change and continuing economic uncertainty, setting a path for environmental improvement and upgrading our electric grid with new digital technologies and associated smart policies is more critical than ever before.

Based on six diverse organizations' experience as "early adopters" in the digital energy revolution, the authors explore how a smart electric grid offers real promise for supercharging energy efficiency, democratizing demand response, electrifying transportation, preparing for ubiquitous distributed clean energy technologies, and automating the distribution system. Against the backdrop of climate change and continuing economic uncertainty, setting a path for environmental improvement and upgrading our electric grid with new digital technologies and associated smart policies is more critical than ever before.

The concept of the smart grid promises the world an efficient and intelligent approach of managing energy production, transportation, and consumption by incorporating intelligence, efficiency, and optimality into the power grid. Both energy providers and consumers can take advantage of the convenience, reliability, and energy savings achieved by real-time and intelligent energy management. To this end, the current power grid is experiencing drastic changes and upgrades. For instance, more significant green energy resources such as wind power and solar power are being integrated into the power grid, and higher energy storage capacity is being installed in order to mitigate the intermittency issues brought about by the variable energy resources. At the same time, novel power electronics technologies and operating strategies are being invented and adopted. For instance, Flexible AC transmission systems and phasor measurement units are two promising technologies for improving the power system reliability and power quality. Demand side management will enable the customers to manage the power loads in an active fashion. As a result, modeling and control of modern power grids pose great challenges due to the adoption of new smart grid technologies. In this book, chapters regarding representative applications of smart grid technologies written by world-renowned experts are included, which explain in detail various innovative modeling and control methods.

Pathways to a Smarter Power System studies different concepts within smart grids that are used in both industry and system regulators (e.g. distribution and transmission system operators) and research. This book covers these concepts from multiple perspectives and in multiple contexts, presenting detailed technical information on renewable energy systems, distributed generation and energy storage units, methods to activate the demand side of power systems, market structure needs, and advanced planning concepts and new operational requirements, specifically for power system protection, technological evolvements, and requirements regarding technology in ICT, power electronics and control areas. This book provides energy researchers and engineers with an indispensable guide on how to apply wider perspectives to the different technological and conceptual requirements of a smarter power system. Includes concepts regarding conceptual and technological needs and investment planning suggestions for smart grid enabling strategies Contains new electric power system operational concepts required by industry, along with R&D studies addressing new solutions to potential operational problems Covers pathways to smarter power systems from successful existing examples to expected short, medium and long-term possibilities

Few industries in the U.S. are as stuck in the past as our utilities are. In the face of growing challenges from climate change and the need for energy security, a system and a business model that each took more than a century to evolve must now be extensively retooled in the span of a few decades. Despite the need, many of the technologies and institutions needed are still being designed or tested. It is like rebuilding our entire airplane fleet, along with our runways and air traffic control system, while the planes are all up in the air filled with passengers. In this accessible and insightful book, Peter Fox-Penner considers how utilities interact with customers and how the Smart Grid could revolutionize their relationship. Turning to the supply side, he considers the costs of, and tradeoffs between, large-scale power sources such as coal plants and small-scale power sources close to customers. Finally, he looks at how utilities can respond to all of these challenges and remain viable, while financing hundreds of billions of dollars of investment without much of an increase in sales. Upon publication, Smart Power was praised as an instant classic on the future of energy utilities. This Anniversary Edition includes up-to-date assessments of the industry by such leading energy experts as Daniel Estes and Jim Rogers, as well as a new afterword from the author. Anyone who is interested in our energy future will appreciate the clear explanations and the in-depth analysis it offers.

Understanding the recent developments in renewable energy is crucial for a range of fields in today’s society. As environmental awareness and the need for a more sustainable future continues to grow, the uses of renewable energy, particularly in areas such as smart grid, must be considered and studied thoroughly to be implemented successfully and move society toward a more sustainable future. Optimal Planning of Smart Grid With Renewable Energy Resources offers a detailed guide to the new problems and opportunities for sustainable growth in engineering by focusing on modeling diverse problems occurring in science and engineering as well as novel effective theoretical methods and robust optimization theories, which can be used to analyze and solve multiple types of problems. Covering topics such as electric drives and energy systems, this publication is ideal for researchers, academicians, industry professionals, engineers, scholars, instructors, and students.

What exactly is smart grid? Why is it receiving so much attention? What are utilities, vendors, and regulators doing about it? Answering these questions and more, Smart Grids: Infrastructure, Technology, and Solutions gives readers a clearer understanding of the drivers and infrastructure of one of the most talked-about topics in the electric utility market—smart grid. This book brings together the knowledge and views of a vast array of experts and leaders in their respective fields. Key Features Describes the impetus for change in the electric utility industry Discusses the business drivers, benefits, and market outlook of the smart grid initiative Examines the technical framework of enabling technologies and smart solutions Identifies the role of technology developments and coordinated standards in smart grid, including various initiatives and organizations helping to drive the smart grid effort Presents both current technologies and forward-looking ideas on new technologies Discusses barriers and critical factors for a successful smart grid from a utility, regulatory, and consumer perspective Summarizes recent smart grid initiatives around the world Discusses the outlook of the drivers and technologies for the next-generation smart grid Smart grid is defined not in terms of what it is, but what it achieves and the benefits it brings to the utility, consumer, society, and environment. Exploring the current situation and future challenges, the book provides a global perspective on how the smart grid integrates twenty-first-century technology with the twentieth-century power grid. CRC Press Authors Speak Stuart Borlase speaks about his book. Watch the video