John Wiley & Sons Micro and Local Power Markets Cover Introduces readers to micro and local power markets and their use for local initiatives, grid integr.. Product #: 978-1-119-43450-4 Regular price: $98.13 $98.13 In Stock

Micro and Local Power Markets

Sumper, Andreas (Editor)

Cover

1. Edition July 2019
272 Pages, Hardcover
Wiley & Sons Ltd

ISBN: 978-1-119-43450-4
John Wiley & Sons

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Introduces readers to micro and local power markets and their use for local initiatives, grid integration, and future applications

This book provides the basis for understanding micro power markets, emphasizing its application for local initiatives, the grid integration of renewable-based generation, and facilitating the decarbonization of the future electrical networks. It gives readers a comprehensive overview of the market operation, and highlights the basis of the design of local and micro markets.

Micro and Local Power Markets starts by covering the economics and basic principle of power markets, including the fundamentals of the power trading (for both wholesale and local markets). Following a definition of both micro and local (technical and economic aspects) power markets, the book then looks at the organization of such markets. It describes the design of those power markets, isolated from the wholesale markets, and examines the methodologies of the interaction between these power markets and wholesale markets. The book also presents cognitive business models for micro and local power markets, as well as the regulatory issues concerning them.
* Introduces the basic principle of power markets
* Defines micro and local power markets
* Outlines the design of micro and local power markets, including the principles, as well as the trading schemes, flexibility, and services
* Discusses methodologies of the interaction between micro and local power markets and wholesale markets
* Presents business models for micro and local power markets
* Summarizes regulatory issues around micro and local power markets

Micro and Local Power Markets is an ideal book for upper undergraduate students in engineering, as well as for early researchers in the energy sector. It is also recommended for any scientist and engineer being introduced to the field of power systems and their organization.

Foreword

Preface

Chapter 1: Power Market Fundamentals
Ingrid Munne-Collado, Pol Olivella-Rosell and Andreas Sumper

Chapter 2: Local and Micro Power Markets
Íngrid Munné-Collado, Eduard Bullich-Massagué, Mònica Aragüés-Peñalba and Pol Olivella-Rosell

Chapter 3: Micromarket in Microgrids
Bernt Bremdal and Iliana Ilieva

Chapter 4: Coupled Local Power Markets
Pol Olivella-Rosell, Shahab Shariat Torbaghan and Madeleine Gibescu

Chapter 5: Digital Business Models for Local and Micro Power Markets
Emmanuelle Reuter, Moritz Loock and Julia Cousse

Chapter 6: Regulation of Micro and Local Power Markets
Dirk Kuiken

Index
Andreas Sumper, Dr., is a Full Professor in the Department of Electrical Engineering at the Escola Universitaria d'Enginyeria Tecnica Industrial de Barcelona (EUETIB), Universitat Politècnica de Catalunya, Spain. His research interests are renewable energy generation, digitalization of the power grid, micro- and smart grids, power system studies, and energy management. At the UPC he was actively leading the research in the European Horizon 2020 project EMPOWER H2020 on local power markets.

A. Sumper, Universitat Politecnica de Catalunya