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Decentralized Intelligence in Energy Efficient Power Systems

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Handbook of Networks in Power Systems I

Part of the book series: Energy Systems ((ENERGY))

Abstract

Power systems are increasingly built from distributed generation units and smart consumers that are able to react to grid conditions. Managing this large number of decentralized electricity sources and flexible loads represent a very huge optimization problem. Both from the regulatory and the computational perspective, no one central coordinator can optimize this overall system. Decentralized control mechanisms can, however, distribute the optimization task through price signals or market-based mechanisms. This chapter presents the concepts that enable a decentralized control of demand and supply while enhancing overall efficiency of the electricity system. It highlights both technological and business challenges that result from the realization of these concepts, and presents the state-of-the-art in the respective domains.

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Notes

  1. 1.

    In Europe, electricity sector liberalization was introduced through the Directive 96/02/EG of the European Union [1].

  2. 2.

    To give an example, in Germany day-ahead and intra-day trading volumes at the European Energy Exchange currently only account for roughly one quarter of the total national power consumption [10, 11].

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Author information

Authors and Affiliations

  1. University of Applied Sciences Offenburg, Offenburg, Germany

    Anke Weidlich, Harald Vogt, Wolfgang Krauss, Patrik Spiess, Marek Jawurek, Martin Johns & Stamatis Karnouskos

Authors
  1. Anke Weidlich
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  2. Harald Vogt
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  3. Wolfgang Krauss
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  4. Patrik Spiess
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  5. Marek Jawurek
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  6. Martin Johns
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  7. Stamatis Karnouskos
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Editor information

Editors and Affiliations

  1. Industrial and Systems Engineering, University of Florida, Weil Hall 303, Gainesville, 32611, Florida, USA

    Alexey Sorokin

  2. Division of Economics and Business, Colorado School of Mines, 15th Street 816, Golden, 80401, Colorado, USA

    Steffen Rebennack

  3. Department of Industrial & Systems Engin, University of Florida, Weil Hall 401, Gainesville, 32611-6595, Florida, USA

    Panos M. Pardalos

  4. Research & Development, EnerCoRD - Energy Consulting,, Plastira Street 4, Athens, 171 21, Greece

    Niko A. Iliadis

  5. Rio Praia de Botafogo, Centro Empresarial, -A-Botafogo 2281701, Rio de Janeiro, 22250-040, Rio de Janeiro, Brazil

    Mario V. F. Pereira

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© 2012 Springer-Verlag Berlin Heidelberg

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Weidlich, A. et al. (2012). Decentralized Intelligence in Energy Efficient Power Systems. In: Sorokin, A., Rebennack, S., Pardalos, P., Iliadis, N., Pereira, M. (eds) Handbook of Networks in Power Systems I. Energy Systems. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-23193-3_18

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