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What is Demand Response

Chapter 11
AI Approaches to Smart and Sustainable Power Systems
The process of automatically adjusting the operational status of participating agents in response to data received from the intelligent devices.
Published in Chapter:

Transactive Energy Management and Energy Trading in Smart Energy Systems

S. Thangavel (National Institute of Technology Puducherry, India), A. Rajapandiyan (National Institute of Technology Puducherry, India), and G. Gobika Nihedhini (National Institute of Technology Puducherry, India)
Copyright: © 2024 | Pages: 24
DOI: 10.4018/979-8-3693-1586-6.ch011

Abstract

The dynamic and complicated nature of traditional energy networks has been altered due to the growing integration of renewable energy sources and the introduction of smart grid technology. Renewable energy sources, particularly rooftop photovoltaics, pose technical challenges to traditional grid management due to their intermittent power generation capability. Transactive energy management has become a viable approach to optimize energy usage and improve grid dependability in this dynamic environment. One of the main goals of this chapter is to assess how transactive energy management affects the system's overall efficiency, use of renewable energy sources, and grid stability, and evaluate how well energy trading platforms promote a robust and decentralized energy market. The chapter uses case studies and data analysis to evaluate the effectiveness of energy trading platforms. The research results offer a thorough grasp of the synergies between centralized energy trading and transactive energy management, which advances the field of smart energy systems.
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More Results
Chapter 1
A Regional Approach to Mobility Management: Promoting Sustainability and Economic Growth Through Public Transit
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Chapter 13
Demand-Side Management: Energy Efficiency and Demand Response
It is an amendment or modification in the electrical power utilization of an associate electrical utility customer to appropriately coordinate the demand for power with the supply provision.
Published in Chapter: Demand-Side Management: Energy Efficiency and Demand Response; From: Handbook of Research on Power and Energy System Optimization
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Chapter 3
Smart Metering and Pricing Policy in Smart Grids
Peak demand on an electrical grid is simply the highest electrical power demand that has occurred over a specified time period. Peak demand is typically characterized as annual, daily or seasonal and has the unit of power. Peak demand, peak load or on-peak are terms used in energy demand management describing a period in which electrical power is expected to be provided for a sustained period at a significantly higher than average supply level.
Published in Chapter: Smart Metering and Pricing Policy in Smart Grids; From: Optimizing and Measuring Smart Grid Operation and Control
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Chapter 18
Operation and Control of Microgrid
In demand response, consumers play a significant role in the operation of the electric grid by reducing or shifting their electricity usage during peak periods.
Published in Chapter: Operation and Control of Microgrid; From: Handbook of Research on Smart Power System Operation and Control
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Chapter 5
Home Load-Side Management in Smart Grids Using Global Optimization
In demand response, consumers play a significant role in the operation of the electric grid by reducing or shifting their electricity usage during peak periods.
Published in Chapter: Home Load-Side Management in Smart Grids Using Global Optimization; From: Handbook of Research on Smart Power System Operation and Control
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 8
Empowering Sustainability: The Role of Artificial Intelligence in Renewable Energy
Demand Response is a strategy that aims to balance electricity supply and demand by incentivizing consumers to adjust their energy usage during peak periods. AI in Demand Response leverages data analysis and predictive modeling to optimize load management, improve grid stability, and maximize energy efficiency.
Published in Chapter: Empowering Sustainability: The Role of Artificial Intelligence in Renewable Energy; From: Crafting a Sustainable Future Through Education and Sustainable Development
Full Text Chapter Download: US $37.50 Add to Cart

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