Smart Grid and Enabling Technologies. Frede Blaabjerg

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Smart Grid and Enabling Technologies - Frede Blaabjerg

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in Chapter 8. The reliable, efficient, and intelligent management of complex power systems necessitates an employment of high‐speed, reliable, and secure data information and communication technology into the SG to manage and control power production and usage; this topic is described in Chapter 9. The electric energy sector is sitting on a data goldmine, the so‐called Big Data. The real value of Big Data utilization resides in a good understanding of its analytics technologies, promise, and potential applications in SGs, which is discussed in Chapter 10. Driven by concerns regarding electric sustainability, energy security, and economic growth, it is essential to have a coordination mechanism based on heuristic rules to manage the energy demand and enhance the survivability of the system when failures occur or at peak periods, which is achieved by the principle of DSM systems defined in Chapter 11. It is essential to know the business model concepts, their main components, and how they can be used to analyze the impact of SG technology to create, deliver, and capture values for the utility business. The value chain for both traditional and smart energy industries are needed. The different electricity markets have been described and presented in Chapter 12. Chapter 13 aims to provide energy systems researchers and decision‐makers with proper insight into the underlying drivers of consumer acceptance of the SG and the logical steps for their engagement to promote SG technology and make it feasible promptly. The fundamental relationship between SG and cloud computing services is also covered. The architectural principles, characteristics of cloud computing services, and the examination of the advantages and disadvantages of those characteristics for SG are defined. Furthermore, the opportunities and challenges of using cloud computing in SGs, and the major categories of data security challenges of cloud computing are described in Chapter 14.

      This book has the typical attributes of a contemporary book and discusses several aspects that will appeal to students, researchers, professionals, and engineers from various disciplines looking to increase their knowledge, insights, and ideas for the future development of SG as the next energy paradigm. This work perfectly fills the current gap and contributes to the realization and a better understanding of SG and its enabling technologies.

      List of Abbreviations

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