Risk Based Energy Management

Download or read book Risk-Based Energy Management written by Sayyad Nojavan and published by Academic Press. This book was released on 2019-07-20 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk-Based Energy Management: DC, AC and Hybrid AC-DC Microgrids defines the problems and challenges of DC, AC and hybrid AC-DC microgrids and considers the right tactics and risk-based scheduling to tackle them. The book looks at the intermittent nature of renewable generation, demand and market price with the risk to DC, AC and hybrid AC-DC microgrids, which makes it relevant for anyone in renewable energy demand and supply. As utilization of distributed energy resources and the intermittent nature of renewable generations, demand and market price can put the operation of DC, AC and hybrid AC-DC microgrids at risk, this book presents a timely resource. Discusses both the challenges and solutions surrounding DC, AC and hybrid AC-DC microgrids Proposes robust scheduling of DC, AC and hybrid AC-DC microgrids under uncertain environments Includes modeling upstream grid prices, renewable resources and intermittent load in the decision-making process of DC, AC and hybrid AC-DC microgrids