This book presents theoretical, technical, and practical information on the modernization of future energy networks. All the basic requirements covering concepts, modeling, optimizing, and analyzing of future energy grids with various energy carriers such as electricity, gas, heat, and water, as well as their markets and contracts, are explained in detail. The main focus of the book is on modernizing both the energy consumers and the energy producers and analyzing various aspects of grid modernization such as reliability, resiliency, stability, and security. Coverage includes advanced communication protocols and solution methods for the Internet of Energy (IoE) infrastructure and energy trading in future energy grids with high/full share of renewable energy resources (RERs) within the transactive energy (TE) paradigm. Probabilistic modeling and optimizing of modern grids will be evaluated using realistic case studies considering the economic aspects of multi-carrier energy markets. This book will be welcomed as an important resource by researchers and postgraduate students studying energy systems, as well as practicing engineers working on modernizing energy grids and the design, planning, scheduling, and operation of smart power systems. Proposes practical solutions for solving the challenges of modern multi-carrier energy grids; Examines various types of energy storage systems and distributed energy resources (DERs) with an emphasis on renewable energy resources (RERs); Provides comprehensive mathematical models for optimizing of future modern multi-carrier energy grids.

This book presents theoretical, technical, and practical information on the modernization of future energy networks. All the basic requirements covering concepts, modeling, optimizing, and analyzing of future energy grids with various energy carriers such as electricity, gas, heat, and water, as well as their markets and contracts, are explained in detail. The main focus of the book is on modernizing both the energy consumers and the energy producers and analyzing various aspects of grid modernization such as reliability, resiliency, stability, and security. Coverage includes advanced communication protocols and solution methods for the Internet of Energy (IoE) infrastructure and energy trading in future energy grids with high/full share of renewable energy resources (RERs) within the transactive energy (TE) paradigm. Probabilistic modeling and optimizing of modern grids will be evaluated using realistic case studies considering the economic aspects of multi-carrier energy markets. This book will be welcomed as an important resource by researchers and postgraduate students studying energy systems, as well as practicing engineers working on modernizing energy grids and the design, planning, scheduling, and operation of smart power systems. Proposes practical solutions for solving the challenges of modern multi-carrier energy grids; Examines various types of energy storage systems and distributed energy resources (DERs) with an emphasis on renewable energy resources (RERs); Provides comprehensive mathematical models for optimizing of future modern multi-carrier energy grids.

This book presents theoretical, technical, and practical information on the modernization of future energy networks. All the basic requirements covering concepts, modeling, optimizing, and analyzing of future energy grids with various energy carriers such as electricity, gas, heat, and water, as well as their markets and contracts, are explained in detail. The main focus of the book is on modernizing both the energy consumers and the energy producers and analyzing various aspects of grid modernization such as reliability, resiliency, stability, and security. Coverage includes advanced communication protocols and solution methods for the Internet of Energy (IoE) infrastructure and energy trading in future energy grids with high/full share of renewable energy resources (RERs) within the transactive energy (TE) paradigm. Probabilistic modeling and optimizing of modern grids will be evaluated using realistic case studies considering the economic aspects of multi-carrier energy markets. This book will be welcomed as an important resource by researchers and postgraduate students studying energy systems, as well as practicing engineers working on modernizing energy grids and the design, planning, scheduling, and operation of smart power systems. Proposes practical solutions for solving the challenges of modern multi-carrier energy grids; Examines various types of energy storage systems and distributed energy resources (DERs) with an emphasis on renewable energy resources (RERs); Provides comprehensive mathematical models for optimizing of future modern multi-carrier energy grids.

Smart grids are for everyone but require the vision and investment plans for grid modernization. This document provides some practical elements on how to develop a smart grid vision and investment plan with a focus on the distribution side and also briefly discusses finance and regulatory issues.

Electrical grids worldwide are experiencing major changes in terms of energy generation, transmission, delivery, and distribution in order to enhance the entire system’s control, reliability, efficiency, and safety. Advanced energy systems and technologies such as renewable sources of energy, energy storage systems, and electric vehicles (EVs) as well as equipment such as sensors, smart meters, and communication devices along with innovations in computing technologies, machine learning, and data analytics are used to modernize the electric grid and the way it is planned, operated, and managed. This book provides an overview of several aspects of grid modernization including micro-grids, smart grids, energy storage, and communication systems.

Future Modern Distribution Networks Resilience examines the combined impact of low-probability and high-impact events on modern distribution systems’ resilience. Using practical guidance, the book provides comprehensive approaches for improving energy systems’ resilience by utilizing infrastructure and operational strategies. Divided in three parts, Part One provides a conceptual introduction and review of power system resilience, including topics such as risk and vulnerability assessment in power systems, resilience metrics, and power systems operation and planning. Part Two discusses modelling of vulnerability and resilience evaluation indices and cost-benefit analysis. Part Three reviews infrastructure and operational strategies to improve power system resilience, including robust grid hardening strategies, mobile energy storage and electric vehicles, and networked microgrids and renewable energy resources. With a strong focus on economic results and cost-effectives, Future Modern Distribution Networks Resilience is a practical reference for students, researchers and engineers interested in power engineering, energy systems, and renewable energy. Reviews related concepts to active distribution systems resilience before, during, and after a sudden disaster Presents analysis of risk and vulnerability for reliable evaluation, sustainable operation, and accurate planning of energy grids against low-probability and high-impact events Highlights applications of practical metrics for resilience assessment of future energy networks Provides guidance for the development of cost-effective resilient techniques for reducing the vulnerability of electrical grids to severe disasters

Emerging Transactive Energy Technology for the Future Modern Energy Networks looks at the importance of transactive energy technology in modern multi-carrier energy networks, exploring modeling and optimization and analyzing the necessity of transactive energy technology for future modern energy networks. Along with energy technology, the book covers applications of transactive energy technology, strategies in optimal operation of the hybrid energy networks, reliable and sustainable development of the modern energy networks, and design, integration and operation of a full level of renewable energy resources. This reference is intended for energy, power, mechanical and environmental engineers, researchers and postgraduate students who work in various types of energy systems. Discusses the application of transactive energy technology in modernizing future energy networks Investigates the optimal integration of 100% renewable energy resources in modern hybrid energy networks Provides a holistic, transactive energy-based framework for creating interoperability between multi-carrier energy networks