Integrated resource planning (IRP) is a new way for utilities and state regulatory commissions to consistently assess a variety of demand and supply resources to cost-effectively meet customer energy-service needs. This paper reviews recent progress in IRP and identifies the need for additional work by utilities, regulatory commissions, and other organizations. Kevwords: demand-side management,...

Renewable energy systems, particularly in countries with limited fossil fuel resources, are promising and environmentally sustainable sources of electricity generation. Wind, solar Photovoltaic (PV), biomass gasifier-based systems have gotten much attention recently for providing to energy-deficient areas. However, due the intermittent nature renewable energy, a completely system is unreliable ...

The deregulation of electricity markets increases the financial risk faced by retailers who procure electric energy on the spot market to meet their customers’ electricity demand. To hedge against this exposure, retailers often hold a portfolio of electricity derivative contracts. In this paper, we propose a multistage stochastic mean-variance optimisation model for the management of such a por...

A solar trigeneration system, based on photovoltaic-thermal (PV/T) collectors, photovoltaic (PV) modules and a heat pump unit for heating and cooling, is modelled to forecast the thermal and electric yields of the system. The aim of the trigeneration system is to provide enough electricity, domestic hot water (DHW), heating and cooling power to meet the typical demand of an urban single family ...

In an energy hub, each energy carrier can be converted to other forms of energy to meet electricity, heating and cooling power demand in an optimal manner. In this study, a framework is presented to optimally design and size interconnected energy hubs. It considers physical constraints on natural gas and electricity networks and environmental issues. The proposed design methodology decides on w...

Health, infrastructure, and environmental monitoring as well as networking and defense technologies are only some of the potential areas of application of micro-/nanosystems (MNSs). It is highly desirable that these MNSs operate without an external electricity source and instead draw the energy they require from the environment in which they are used. This Review covers various approaches for e...

This thesis investigates the dynamics of electricity generation systems that involve high levels of wind power. Methods to account for wind power variability in electricity-dispatch models are explored, and the impact of wind power variability on the optimal output of the generation units, so as to meet the system load with the lowest possible cost (economic dispatch), is analyzed for several s...

Demand response can play a very relevant role in the context of power systems with an intensive use of distributed energy resources, from which renewable intermittent sources are a significant part. More active consumers participation can help improving the system reliability and decrease or defer the required investments. Demand response adequate use and management is even more important in co...

Restructuring electricity grids to meet the increased demand caused by the electrification of transport and heating, while making greater use of intermittent renewable energy sources, represents one of the greatest engineering challenges of our day. This modern electricity grid, in which both electricity and information flow in two directions between large numbers of widely distributed supplier...