Social Impacts of Smart Grids: The Future of Smart Grids and Energy Market Design

Social Impacts of Smart Grids explores the significant unexplored societal consequences of our meteoric evolution towards intelligent, responsive, and sustainable power generation and distribution systems - the so-called 'smart grid'. These consequences include new patterns of consumption behaviour, systems planning under increasing uncertainty, and growing complexity due to the vastly larger number of small independent devices connected to the network. The work opens with a foundational discussion of the profound historical impact of the transformation from traditional generators to smart grids and smart markets. It examines the changing role of production and consumption behavior as traditional energy markets give way to energy 'prosumption' in sharing economies characterized by two-way power flows. It articulates the principles and options for socially responsible smart grid power market design. It explores social acceptance of the smart grid and attitudes towards the potential for a power sharing economy. Where relevant, it examines adjacent literatures from P2P electricity markets, electric vehicles, smart homes and smart cities, and related 'internet of energy' developments. Finally, it provides insights into mitigating the likely social consequences of our integrated low-carbon energy future. Evaluates connections between the concept of sustainability and the social impacts of the smart gridsAnalyses emerging trends in smart grids connected with trends towards the sharing economyInvestigates environmental degradation awareness and environmental stewardship goals associated with smart gridsExplores how to mitigate social challenges with effective smart grid power market designIntegrates energy stewardship and social acceptance literatures into discussion of the smart grid INDICE: 1. General Introduction 2. Traditional power markets and an evolution to smart grids 3. Sustainability of the smart grids 4. Renewable energy sources (RES), power markets and smart grids 5. P2P (platform) markets and sharing economy of the smart grids 6. Consumers, prosumers and the smart grid 7. The role and perception of energy through the eyes of the society 8. Smart grids of tomorrow and the challenges for the future 9. Conclusions

• ISBN: 978-0-12-817770-9
• Editorial: Elsevier Science
• Encuadernacion: Rústica
• Páginas: 300
• Fecha Publicación: 01/11/2019
• Nº Volúmenes: 1
• Idioma: Inglés