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Demand Response Application in Smart Grids

Concepts and Planning Issues - Volume 1

Sayyad Nojavan editor Kazem Zare editor

Format:Paperback

Publisher:Springer Nature Switzerland AG

Published:26th Aug '21

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Demand Response Application in Smart Grids cover

This book analyzes the economic and technical effects of demand response programs in smart grids. A variety of operational and financial benefits are offered by demand response programs (DRPs) for load-serving entities, grid operators, and electricity consumers. The most notable advantages of DRPs are presented in this book, including decreased electricity prices, risk management, market power mitigation, and flexibility of market operations. In-depth chapters discuss the integration of demand response programs for the planning and operation of smart grids and explore the uncertainties of market prices, renewable resources and intermittent load management, making this a useful reference for a variety of different organizations and players in the electricity market, such as reliability organizations, distribution companies, transmission companies, and electric end-users.

ISBN: 9783030314019

Dimensions: unknown

Weight: 450g

282 pages