{"title":"Grid Decentralization: A unified controller for distributed energy resource-dominated grid operation","authors":"Aravind Ingalalli, S. Kamalasadan","doi":"10.1109/MELE.2024.3386037","DOIUrl":null,"url":null,"abstract":"Climate change has resulted in an increase in the frequency and intensity of weather-related events, leading to compounded economic damages. According to a report from the Deloitte Economics Institute, implementing no action on climate change can cost the United States economy as high as US<inline-formula><tex-math notation=\"LaTeX\">${\\$}$</tex-math></inline-formula>14.5 trillion by 2070. Furthermore, the same economy can gain US<inline-formula><tex-math notation=\"LaTeX\">${\\$}$</tex-math></inline-formula>3 trillion, provided decarbonization targets are met in the next five years. On the other side, distributed energy resources (DERs), such as photovoltaic generation and wind generation, along with battery energy storage can offer clean energy solutions to meet the decarbonization targets. The decreasing total cost of ownership means that the integration of DERs is increasing in the modern power distribution network. Such rapid integration of DERs offers an opportunity to accomplish sustainability and resiliency goals, thereby creating value for the concerned stakeholders.","PeriodicalId":45277,"journal":{"name":"IEEE Electrification Magazine","volume":null,"pages":null},"PeriodicalIF":2.5000,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"IEEE Electrification Magazine","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/MELE.2024.3386037","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ENGINEERING, ELECTRICAL & ELECTRONIC","Score":null,"Total":0}
引用次数: 0
Abstract
Climate change has resulted in an increase in the frequency and intensity of weather-related events, leading to compounded economic damages. According to a report from the Deloitte Economics Institute, implementing no action on climate change can cost the United States economy as high as US${\$}$14.5 trillion by 2070. Furthermore, the same economy can gain US${\$}$3 trillion, provided decarbonization targets are met in the next five years. On the other side, distributed energy resources (DERs), such as photovoltaic generation and wind generation, along with battery energy storage can offer clean energy solutions to meet the decarbonization targets. The decreasing total cost of ownership means that the integration of DERs is increasing in the modern power distribution network. Such rapid integration of DERs offers an opportunity to accomplish sustainability and resiliency goals, thereby creating value for the concerned stakeholders.
期刊介绍：
IEEE Electrification Magazine is dedicated to disseminating information on all matters related to microgrids onboard electric vehicles, ships, trains, planes, and off-grid applications. Microgrids refer to an electric network in a car, a ship, a plane or an electric train, which has a limited number of sources and multiple loads. Off-grid applications include small scale electricity supply in areas away from high voltage power networks. Feature articles focus on advanced concepts, technologies, and practices associated with all aspects of electrification in the transportation and off-grid sectors from a technical perspective in synergy with nontechnical areas such as business, environmental, and social concerns.
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