Smart grid: An electricity market perspective

ISGT 2011 ◽  
2011 ◽  
Author(s):  
Ranjit Kumar ◽  
Partha Datta Ray ◽  
Christopher Reed
Keyword(s):  
Smart Grid ◽  
Electricity Market ◽  
Market Perspective

Demand-Side Response Smart Grid Technique for Optimized Energy Use

2011 ◽  
pp. 137-163 ◽  
Author(s):  
Fouad Kamel ◽  
Marwan Marwan
Keyword(s):  
Smart Grid ◽  
Energy Management ◽  
Electricity Market ◽  
Energy Use ◽  
Combustion Engine ◽  
Renewable Energy Sources ◽  
Management Strategies ◽  
Electrical Energy ◽  
Electricity System ◽  
Time Price

The chapter describes a dynamic smart grid concept that enables electricity end-users to be acting on controlling, shifting, or curtailing own demand to avoid peak-demand conditions according to information received about electricity market conditions over the Internet. Computer-controlled switches are used to give users the ability to control and curtail demand on a user’s premises as necessary, following a preset user’s preferences. The computerized switching provides the ability to accommodate local renewable energy sources as available. The concept offers further the ability to integrate charging electrical vehicles during off-peak periods, helping thus substantially improving the utilization of the whole electricity system. The approach is pursuing improved use of electrical energy associated with improved energy management, reduced electricity prices and reduced pollution caused by excessive use of combustion engine in transport. The technique is inherently restricted to take effect in frame of energy tariff regimes based on real-time price made to encourage and reward conscious users being proactively participating in holistic energy management strategies.

scholarly journals Iberian electricity market ontology to enable smart grid market simulation

2018 ◽  
Vol 1 (1) ◽  
Author(s):  
Gabriel Santos ◽  
Tiago Pinto ◽  
Isabel Praça ◽  
Zita Vale
Keyword(s):  
Smart Grid ◽  
Electricity Market ◽  
Market Simulation ◽  
Grid Market

Smart Grid and Electricity Market joint simulation using complementary Multi-Agent platforms

2015 ◽  
Author(s):  
Tiago Pinto ◽  
Marco Silva ◽  
Gabriel Santos ◽  
Luis Gomes ◽  
Bruno Canizes ◽  
...  
Keyword(s):  
Smart Grid ◽  
Electricity Market ◽  
Joint Simulation ◽  
Agent Platforms ◽  
Multi Agent

Analysis of Smart Grid Affecting Electricity Market in China Based on Smart Materials

2011 ◽  
Vol 63-64 ◽  
pp. 493-496
Author(s):  
Hong Ze Li ◽  
Sen Guo ◽  
Bao Wang
Keyword(s):  
Smart Grid ◽  
Power Quality ◽  
Electricity Market ◽  
Smart Materials ◽  
Green Energy ◽  
Market Reform ◽  
Demand Side ◽  
Low Carbon ◽  
Interconnected Power System ◽  
The Impact

China’s electricity market reform has been on almost 10 years, and the proposition of constructing "Strong Smart Grid” in China has aroused widespread concerns, and also made an impact on electricity market. To assess the impact on electricity market, considering the current situation of China's electricity market, based on smart materials, analyze the risks of electricity market from constructing smart grid in terms of low-carbon power accessing grid, wide-area interconnected power system and large-capacity batch of green energy accessing grid, and also propose some requirements for electricity market from the perspective of power quality, demand side management and trading platform. Developing smart grid will promote China’s electricity market reform.

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