These shrewd decisions are becoming increasingly important as Texas faces a lack of energy resources to meet the state’s increasing need for more electricity. Trends in the data show that giving people the ability to control their energy use, and their energy generation, generally results in cost-effective, environmentally-conscious decisions. One of the many cutting-edge research projects being conducted by Pecan Street is an examination of consumer behavior with regards to energy usage. President and CEO of the Association of Electric Companies of Texas, I spoke about EDF’s work with the Pecan Street Research Institute (Pecan Street) to test and deploy various smart grid consumer products. Holloway, President and COO of the Center for the Commercialization of Electric Technologies and John W. Following fellow panelists, “Trip” Doggett, CEO of ERCOT Milton L. This volume will be of use to experts and newcomers interested in all aspects of the challenges facing the creation of a more sustainable electricity infrastructure, in areas such as distributed and stochastic optimization and control, stability theory, economics, policy, and financial mathematics, as well as in all aspects of power system operation.Earlier this month, I had the opportunity to speak on a panel entitled, Resource Adequacy & Demand Response: Ensuring Texas’ Future Reliability at the 7 th Annual Platts Texas Energy Markets Conference in Houston, TX. Contributors include leading experts from academia and industry in power systems and markets as well as control science and engineering. The volume includes chapters on significant challenges in the design of markets and incentives, integration of renewable energy and energy storage, risk management and resilience, and distributed and multi-scale optimization and control. The workshop brought together a diverse group of experts to discuss current and future challenges in energy markets and controls, along with potential solutions. Summary: This volume consists of selected essays by participants of the workshop Control at Large Scales: Energy Markets and Responsive Grids held at the Institute for Mathematics and its Applications, Minneapolis, Minnesota, U.S.A. Electricity Capacity Markets - A Swing-Contract Market Design for Flexible Service Provision in Electric Power Systems - A Dynamic Framework for Electricity Markets - Fast Market Clearing Algorithms - Small Resource Integration Challenges for Large-Scale SCUC - Multi-Grid Schemes for Multi-Scale Coordination of Energy Systems - Graphical Models and Belief Propagation Hierarchy for Physics-Constrained Network Flows - Profit Maximizing Storage Integration in AC Power Networks - Virtual Inertia Placement in Electric Power Grids - A Hierarchy of Models for Inverter-Based Microgrids - Asynchronous Coordination of Distributed Energy Resources with Packetized Energy Management - Ensemble Control of Cycling Energy Loads: Markov Decision Approach - Distributed Control Design for Balancing the Grid Using Flexible Loads - Disaggregating Load by Type from Distribution System Measurements in Real-Time - Risk-Aware Demand Management of Aggregators Participating in Energy Programs with Utilities - Towards Resilience-Aware Resource Allocation and Dispatch in Electricity Distribution Networks - A Cautionary Tale: On the Effectiveness of Inertia-Emulating Load as a Cyber-Physical Attack Path. Contents: Introduction - How to Manage the Complexity of the Grid - Naïve Electicity Markets - Capacity Markets: Rationale, Designs and Trade-offs - Redesign of U.S. Restrictions on Access: License restrictions may limit access. The IMA Volumes in Mathematics and its Applications, 0940-6573 162.
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