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POWER GRIDS AS A PREREQUISITE FOR EFFICIENT ENERGY MARKETS

Abstract:

Smart grids and management of demand are primarily envisioned as a huge jump in development communication and information technologies with aim to increase grid reliability and to allow integration of production of various smart grid resources of electricity such as renewable resources, demand response, electricity storage and electricity transportation. Based on many researches aimed at of the reliability impacts of these resources, it is concluded that an ideal mix of the smart grid resources leads to a flatter net demand that developed reliability issues further. An architectural approach of this smart grid net is essential to the transformation of the grid to a “smarter grid” similarly as was, for example, with the iPhone architectural.

Authors: Alena BAŠOVÁ

Release: 2020/2     Pages: 5-11     JEL classification: O12, O25, O44      
DOI:

Keywords: smart grid, management of demand, liberalized electricity market

Section:

Contacts:
Ing. Alena Bašová
Faculty of National Economy
University of Economics in Bratislava,
Dolnozemská cesta 1, 84920 Bratislava
Slovak Republic
e-mail: alenkabaso@gmail.com


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