Emerging Transactive Energy Technology for Future Modern Energy Networks

Description

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. Front cover Half title Title Copyright Contents Preface Chapter 1 Overview of the grid modernization 1.1 Introduction 1.2 Decentralized energy production 1.2.1 Dispersed energy generation 1.3 The trend for 100 percent RERs 1.4 Modern energy grids 1.4.1 Definition 1.4.2 Objectives 1.4.3 Principles 1.4.4 Opportunities and challenges 1.5 Summary 1.6 Questions 1.7 Suggestions 1.8 Future trends References Chapter 2 Analysis of basic requirements for switching from current energy grids to future modern multi-carrier energy networks 2.1 Introduction 2.2 Residential developments 2.3 Industry revolution 2.4 Network expansion 2.4.1 Multi-carrier energy networks 2.5 Summary 2.6 Questions 2.7 Suggestions 2.8 Future trends References Chapter 3 Energy trading solution: The capable leverage for a renewable-dominant future 3.1 Introduction 3.2 Energy trading models in recent studies 3.2.1 Operation studies 3.2.2 Planning studies 3.3 Renewable-dominant future energy networks 3.4 Energy trading mechanisms 3.4.1 Real-time energy trading mechanism 3.4.2 Peer-to-peer energy trading mechanism 3.4.3 Blockchain-based energy trading mechanism 3.4.4 Edge computing-based energy trading mechanism 3.4.5 Game theoretic-based energy trading mechanism 3.5 Summary 3.6 Questions 3.7 Suggestions 3.8 Future trends References Chapter 4 The role of peer-to-peer energy trading strategy in future modern energy networks 4.1 Introduction 4.2 Peer-to-Peer energy trading applications 4.3 Peer-to-Peer energy trading market 4.4 Peer-to-Peer energy attributes 4.4.1 P2P strengths 4.4.2 P2P weaknesses 4.4.3 P2P opportunities 4.4.4 P2P threats 4.5 Summary 4.6 Questions 4.7 Suggestions 4.8 Future trends References Chapter 5 Modernized P2P energy trading market model and platform for net-zero carbon energy networks 5.1 Introduction 5.2 Peer-to-Peer energy trading model 5.3 Peer-to-Peer energy trading platform 5.4 Summary 5.5 Questions 5.6 Suggestions 5.7 Future trends References Chapter 6 New emerging transactive energy technology in modernizing future hybrid energy networks 6.1 Introduction 6.2 TE definition 6.3 TE framework 6.4 TE principles 6.5 TE strategies 6.6 TE role in grid modernization 6.7 Summary 6.8 Questions 6.9 Suggestions 6.10 Future trends References Chapter 7 Applications of transactive energy technology in the multi-carrier energy network modernization 7.1 Introduction 7.2 TE application in the operation of energy networks 7.3 TE application in consumer-side 7.4 TE application in energy trading strategies 7.5 TE application in multi-energy systems 7.6 Real-world implementations of TE systems 7.7 Summary 7.8 Questions 7.9 Suggestions 7.10 Future trends References Chapter 8 Optimizing and modeling the transactive energy technology in modern multi-carrier energy networks 8.1 Introduction 8.2 Problem formulation 8.3 Transactive energy model 8.4 Simulation results 8.5 Summary 8.6 Questions 8.7 Suggestions 8.8 Future trends References Chapter 9 A case study in the hybrid energy network with 100 percent renewable energy resources and future directions 9.1 Introduction 9.2 Problem formulation 9.3 Simulation results 9.4 Summary 9.5 Questions 9.6 Suggestions 9.7 Future trends References Chapter 10 An application of GAMS in simulating hybrid energy networks optimization problems 10.1 Introduction 10.2 What is GAMS? 10.3 Features of GAMS 10.4 How can I install GAMS on my PC? 10.5 Some important points before working with GAMS 10.6 Terms, symbols, and reserved words in GAMS 10.7 Common mathematical functions in GAMS 10.7.1 Abs 10.7.2 Exp 10.7.3 Log, log10 10.7.4 Max, Min 10.7.5 Prod 10.7.6 Round 10.7.7 Smax, Smin 10.7.8 Sqr 10.7.9 Sqrt 10.7.10 Sum 10.7.11 Other mathematical functions in GAMS 10.8 GAMS commands 10.8.1 Set 10.8.2 Data 10.8.3 Variable 10.8.4 Eq 10.8.5 Model 10.8.6 Solve and display 10.9 Some special orders in GAMS 10.9.1 Loop statement 10.9.2 If-Elseif-Else statement 10.9.3 While statement 10.9.4 For statement 10.9.5 Repeat statement 10.9.6 ORD operator 10.9.7 CARD operator 10.10 Summary 10.11 Questions 10.12 Suggestions 10.13 Future trends References Index Back cover