Abstract

This paper presents a new holistic approach that combines solutions for the future power systems. It describes clearly how solar energy is definitely the best outlet for a clean and sustainable planet, either due to their use in both vertical (V) or horizontal (H) forms such as: hydroelectric V&H, wind V&H, thermo-oceanic V&H, water movement sea V&H (tides and waves), solar thermoelectric, PV, and surface geothermal energy. New points of view and simple formulas are suggested to calculate the best characteristic intensity, storage means and frequency for specific places and how to manage the most well-known renewable sources of energy. Future renewables-based power system requires a huge amount of flexibility from different type and size of controllable energy resources. These flexible energy resources can be used in an aggregated manner to provide different ancillary services for the distribution and transmission network. In addition, flexible energy resources and renewable generation can be utilized in different kinds of energy communities and smart cities to benefit all stakeholders and society at the same time with future-proof market structures, new business models and management schemes enabling increased utilization of flexible energy resources. Many of the flexible energy resources and renewable-based generation units are also inverter-interfaced and therefore the authors present future power converter systems for energy sources as well as the latest age of multilevel converters.

Highlights

  • In order to approach how renewable energy sources are essential to human life, it is important to consider what people need to survive

  • The networks taking advantages of alternative sources are known as smart grids and virtual power plants (VPP)

  • It has been discussed in this paper that the forms of energy originating from the Sun are the best outlets for a clean and sustainable planet

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Summary

Introduction

In order to approach how renewable energy sources are essential to human life, it is important to consider what people need to survive. This paper discusses new aspects of the managing technologies in order to guarantee system efficiency, public satisfaction, and reliability under renewable sources to mitigate climate changes These managerial solutions are provided from different aspects, as follows:. The authors or [16,17,18,19] tried to discuss solutions to increase the flexibility of power systems and introduce new sources of flexibility They mainly focus on demand-side resources and do not consider different types of energy for future systems. The proposed approach combines the solutions related to the appropriate types of future energy, advanced power-electronic-based devices, and tools that connect these resources to the grid in a flexible way, the future sources of flexibility as well as the prosumers’ and consumers’ adaptive management to adopt the maximum available flexibility

Management of Energy Resources
Flexible Energy Resources
Flexibility and Ancillary Services
Local Electricity and Flexibility Markets in Smart Cities
Attainability
10. Cutting-Edge Multilevel Converters Powered Smart Grid Systems
Findings
11. Conclusions

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