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The historical ways in which electricity was generated in large central power plants and delivered to passive customers through a one-way transmission and distribution network - as everyone knows - is radically changing to one where consumers can generate, store and consume a significant portion of their energy needs energy locally. This, however, is only the first step, soon to be followed by the ability to share or trade with others using the distribution network. More exciting opportunities are possible with the increased digitalization of BTM assets, which in turn can be aggregated into large portfolios of flexible load and generation and optimized using artificial intelligence and machine learning.
|Publication date:||4th February 2020|
|Author:||Fereidoon P. (President, Menlo Energy Economics, San Francisco, CA, USA) Sioshansi|
|Publisher:||Academic Press Inc an imprint of Elsevier Science Publishing Co Inc|
|Format:||Paperback / softback|
|Categories:||Energy industries & utilities, Environmental policy & protocols,|
Dr. Fereidoon Sioshansi is President of Menlo Energy Economics, a consulting firm based in San Francisco with over 35 years of experience in the electric power sectore working in analysis of energy markets, specializing in the policy, regulatory, technical and environmental aspects of the electric power sector in the US and internationally. His research and professional interests are concentrated in demand and price forecasting, electricity market design, competitive pricing & bidding, integrated resource planning, energy conservation and energy efficiency, economics of global climate change, sustainability, energy security, renewable energy technologies, and comparative performance of competitive electricity markets. Dr. Sioshansi advises major utility ...More About Fereidoon P. (President, Menlo Energy Economics, San Francisco, CA, USA) Sioshansi