This authoritative new resource explores the power grid from its classical role as a utility or service provider towards its new role as an application development platform. This book gives insight into the vision, problems and solutions, and risks of the smart grid model. The evolution of the power grid as it develops into an application-centric environment is explained in this book. This resource guides readers to better understand the primary motivation of the smart grid, and to explore how new technologies are creating a cleaner and more sustainable ecosystem for new business models to blossom. Key topics include the basics of electricity and the conventional grid structure, as well as the relationships between conventional economic models and emerging models based on transactive energy and the sharing economy. This book presents the orchestration of smart grid technologies as they are transforming the utility sector toward a human-centric grid. Readers gain insight into how they are playing an active role in the operation of the utility business as well as in the transfer of electrons. This book demonstrates how the new smart grid is becoming a distributed system that supports decentralized services through modern trends and distributed system architectures. Readers learn how grid intelligence and energy production migrates to the edge of the network. This book explores how consumers are transformed to “prosumers” of energy and providers of critical data that are dramatically changing the relationship with the electric utility business in order to enable new applications and services.

Discusses concepts of smart grid technologies, from the perspective of integration with cloud computing and data management approaches.

Electric power systems worldwide face radical transformation with the need to decarbonise electricity supply, replace ageing assets and harness new information and communication technologies (ICT). The Smart Grid uses advanced ICT to control next generation power systems reliably and efficiently. This authoritative guide demonstrates the importance of the Smart Grid and shows how ICT will extend beyond transmission voltages to distribution networks and customer-level operation through Smart Meters and Smart Homes. Smart Grid Technology and Applications: Clearly unravels the evolving Smart Grid concept with extensive illustrations and practical examples. Describes the spectrum of key enabling technologies required for the realisation of the Smart Grid with worked examples to illustrate the applications. Enables readers to engage with the immediate development of the power system and take part in the debate over the future Smart Grid. Introduces the constituent topics from first principles, assuming only a basic knowledge of mathematics, circuits and power systems. Brings together the expertise of a highly experienced and international author team from the UK, Sri Lanka, China and Japan. Electrical, electronics and computer engineering researchers, practitioners and consultants working in inter-disciplinary Smart Grid RD&D will significantly enhance their knowledge through this reference. The tutorial style will greatly benefit final year undergraduate and master’s students as the curriculum increasing focuses on the breadth of technologies that contribute to Smart Grid realisation.

This book reviews the applications, technologies, standards, and other issues related to Smart Cities. The book is divided into broad topical sections including Vision & Reality, Technologies & Standards, Transportation Considerations, and Infrastructure & Environment. In these sections, authors who are experts in their fields present essential aspects of applications, technologies, requirements, and best-practices. In all cases, the authors have direct, substantive experience with the subject and present an important viewpoint driven by industry or governmental interests; the authors have each participated in the development and/or deployment of constituent technologies, standards, and applications, and share unique perspectives on key areas of the Smart City.

The book is written as primer hand book for addressing the fundamentals of smart grid. It provides the working definition the functions, the design criteria and the tools and techniques and technology needed for building smart grid. The book is needed to provide a working guideline in the design, analysis and development of Smart Grid. It incorporates all the essential factors of Smart Grid appropriate for enabling the performance and capability of the power system. There are no comparable books which provide information on the “how to” of the design and analysis. The book provides a fundamental discussion on the motivation for the smart grid development, the working definition and the tools for analysis and development of the Smart Grid. Standards and requirements needed for designing new devices, systems and products are discussed; the automation and computational techniques need to ensure that the Smart Grid guarantees adaptability, foresight alongside capability of handling new systems and components are discussed. The interoperability of different renewable energy sources are included to ensure that there will be minimum changes in the existing legacy system. Overall the book evaluates different options of computational intelligence, communication technology and decision support system to design various aspects of Smart Grid. Strategies for demonstration of Smart Grid schemes on selected problems are presented.

Written by a leading expert in the utility field, this practical resource guides professionals in the evolution of the Smart Grid and offers insight into distribution automation, storage, and microgrid. This book highlights the journey to a transformed electric utility, provides solid examples, and includes real-world case studies. Readers find guidance on new energy storage solutions and electric value chain disruptors. Professionals learn how to overcome challenges related to integrating supply and demand diversity. The book highlights how new technologies impact the day-to-day operations of a utility and how these technologies can transform the normal functioning of the utility. Discussions are provided about how a transformed utility can be a springboard to a smart city. Professionals will be able to apply the strategies of technologies in this resource to guide them to success in the field. This book defines the roadmap to the utility of the future and provides a vision for how utilities can thrive in their new environment.

"This reference book covers the latest innovations and trends within smart grid and microgrid development, detailing benefits, challenges, and opportunities, that will help readers to fully understand the current opportunities that smart grids and microgrids present around the world"--

Blockchain-Based Smart Grids presents emerging applications of blockchain in electrical system and looks to future developments in the use of blockchain technology in the energy market. Rapid growth of renewable energy resources in power systems and significant developments in the telecommunication systems has resulted in new market designs being employed to cover unpredictable and distributed generation of electricity. This book considers the marriage of blockchain and grid modernization, and discusses the transaction shifts in smart grids, from centralized to peer-to-peer structures. In addition, it addresses the effective application of these structures to speed up processes, resulting in more flexible electricity systems. Aimed at moving towards blockchain-based smart grids with renewable applications, this book is useful to researchers and practitioners in all sectors of smart grids, including renewable energy providers, manufacturers and professionals involved in electricity generation from renewable sources, grid modernization and smart grid applications. Considers the current challenges facing smart grids and presents solutions on how blockchain technology could counter these issues Incorporates detailed applications of blockchain in smart grids based on dynamic research and developments Includes models, algorithms, and frameworks to practically demonstrate the uses of blockchain technology Written by a global group of authors for worldwide coverage

This completely updated second edition includes case studies and a focus on the business of system operations. The broad range of actions under system operations from transmission to distribution are explored. The underpinnings of electric systems operations are highlighted, with an introduction to utilities and power systems. It offers a thorough definition of system operations, identifying and explaining the various systems that support this function and how they integrate into the utility. The book presents a thorough definition of system operations, identifying and explaining the various systems that support this function and how they integrate into the utility. The business perspective on electric systems operation, and how critical this area is to a utility’s ability to provide reliable power to customers is detailed. Readers discover how a utility's network operation is a key contributor to the viable sustainment of its business. The book presents the convergence of the systems used in the grid operations of today and addresses the emerging needs of the smart grid operations of tomorrow. Readers discover how a utility’s network operation is a key contributor to the viable sustainment of its business, as well as learn how system operations help to ensure the right levels of safety, reliability and efficiency in everything that relates to transmission and distribution grid management.