1.

Record Nr.

UNINA9910300121603321

Titolo

Energy Markets and Responsive Grids : Modeling, Control, and Optimization / / edited by Sean Meyn, Tariq Samad, Ian Hiskens, Jakob Stoustrup

Pubbl/distr/stampa

New York, NY : , : Springer New York : , : Imprint : Springer, , 2018

ISBN

1-4939-7822-5

Edizione

[1st ed. 2018.]

Descrizione fisica

1 online resource (X, 518 p. 133 illus., 99 illus. in color.)

Collana

The IMA Volumes in Mathematics and its Applications, , 0940-6573 ; ; 162

Disciplina

519

Soggetti

System theory

Mathematics

Mathematical optimization

Control engineering

Systems Theory, Control

Mathematics of Planet Earth

Optimization

Control and Systems Theory

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Introduction -- How to Manage the Complexity of the Grid -- Naïve Electicity Markets -- Capacity Markets: Rationale, Designs and Trade-offs -- Redesign of U.S. Electricity Capacity Markets -- A Swing-Contract Market Design for Flexible Service Provision in Electric Power Systems -- A Dynamic Framework for Electricity Markets -- Fast Market Clearing Algorithms -- Small Resource Integration Challenges for Large-Scale SCUC -- Multi-Grid Schemes for Multi-Scale Coordination of Energy Systems -- Graphical Models and Belief Propagation Hierarchy for Physics-Constrained Network Flows -- Profit Maximizing Storage Integration in AC Power Networks -- Virtual Inertia Placement in Electric Power Grids -- A Hierarchy of Models for Inverter-Based Microgrids -- Asynchronous Coordination of Distributed Energy Resources with Packetized Energy Management -- Ensemble Control of Cycling Energy Loads: Markov Decision Approach -- Distributed



Control Design for Balancing the Grid Using Flexible Loads -- Disaggregating Load by Type from Distribution System Measurements in Real-Time -- Risk-Aware Demand Management of Aggregators Participating in Energy Programs with Utilities -- Towards Resilience-Aware Resource Allocation and Dispatch in Electricity Distribution Networks -- A Cautionary Tale: On the Effectiveness of Inertia-Emulating Load as a Cyber-Physical Attack Path.

Sommario/riassunto

This volume consists of selected essays by participants of the workshop Control at Large Scales: Energy Markets and Responsive Grids held at the Institute for Mathematics and its Applications, Minneapolis, Minnesota, U.S.A. from May 9-13, 2016. The workshop brought together a diverse group of experts to discuss current and future challenges in energy markets and controls, along with potential solutions. The volume includes chapters on significant challenges in the design of markets and incentives, integration of renewable energy and energy storage, risk management and resilience, and distributed and multi-scale optimization and control. Contributors include leading experts from academia and industry in power systems and markets as well as control science and engineering. This volume will be of use to experts and newcomers interested in all aspects of the challenges facing the creation of a more sustainable electricity infrastructure, in areas such as distributed and stochastic optimization and control, stability theory, economics, policy, and financial mathematics, as well as in all aspects of power system operation. .