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Design of complex systems involving a number of experts from various fields necessarily includes modeling at different levels of abstraction. Modeling is particularly important in the initial phase of a joint project when all system requirements and constraints have to be clearly defined and understood by all the partners. Once an unambiguous structural model has been achieved and components interfaces...
The liberalization of energy markets, especially in correlation with the Smart Grid concept development, requires adjusted legislation, new business models, energy stock exchanges establishment and many other advanced instruments. Realization of these features necessitates novel concepts to support such changes in the power system while granting security and reliability of supply. Such evolution poses...
Efficient integration of distributed renewable generation into a reliable single entity in technical and commercial terms is one of key issues for successful realization of smart-grids. The novel concept of virtual power plants (VPP) emerges to be promising response to these needs. ICT is enabling technology for VPP implementation. An efficient monitoring and control system coupled with appropriate...
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