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Domestic energy. --- Biomass. --- Natural gas. --- Remote sensing. --- Geographic information systems. --- Compressed gas.

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At present, the impact of distributed energy resources in the operation of power and energy systems is unquestionable at the distribution level, but also at the whole power system management level. Increased flexibility is required to accommodate intermittent distributed generation and electric vehicle charging. Demand response has already been proven to have a great potential to contribute to an increased system efficiency while bringing additional benefits, especially to the consumers. Distributed storage is also promising, e.g., when jointly used with the currently increasing use of photovoltaic panels. This book addresses the management of distributed energy resources. The focus includes methods and techniques to achieve an optimized operation, to aggregate the resources, namely, by virtual power players, and to remunerate them. The integration of distributed resources in electricity markets is also addressed as a main drive for their efficient use.

autonomous operation --- energy management system --- stochastic programming --- co-generation --- Unit Commitment (UC) --- distributed system --- demand-side energy management --- virtual power plant --- Powell direction acceleration method --- average consensus algorithm (ACA) --- transmission line --- interval optimization --- renewable energy --- microgrids --- scheduling --- business model --- non-cooperative game (NCG) --- domestic energy management system --- time series --- energy trading --- decision-making under uncertainty --- Demand Response Unit Commitment (DRUC) --- real-time simulation --- distributed generation --- discrete wavelet transformer --- microgrid (MG) --- probabilistic programming --- optimal bidding --- ac/dc hybrid microgrid --- building energy flexibility --- storage --- uncertainty --- Cat Swarm Optimization (CSO) --- advance and retreat method --- multiplier method --- microgrid --- Demand Response (DR) --- electricity markets --- aggregators --- fault localization --- aggregator --- consensus algorithm --- black start --- microgrid operation --- local controller --- thermal comfort --- diffusion strategy --- optimal operation --- power system restoration (PSR) --- energy flexibility --- ARIMA --- pricing strategy --- clustering --- adaptive droop control --- multi-agent system (MAS) --- hierarchical game --- energy flexibility potential --- demand response

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At present, the impact of distributed energy resources in the operation of power and energy systems is unquestionable at the distribution level, but also at the whole power system management level. Increased flexibility is required to accommodate intermittent distributed generation and electric vehicle charging. Demand response has already been proven to have a great potential to contribute to an increased system efficiency while bringing additional benefits, especially to the consumers. Distributed storage is also promising, e.g., when jointly used with the currently increasing use of photovoltaic panels. This book addresses the management of distributed energy resources. The focus includes methods and techniques to achieve an optimized operation, to aggregate the resources, namely, by virtual power players, and to remunerate them. The integration of distributed resources in electricity markets is also addressed as a main drive for their efficient use.

autonomous operation --- energy management system --- stochastic programming --- co-generation --- Unit Commitment (UC) --- distributed system --- demand-side energy management --- virtual power plant --- Powell direction acceleration method --- average consensus algorithm (ACA) --- transmission line --- interval optimization --- renewable energy --- microgrids --- scheduling --- business model --- non-cooperative game (NCG) --- domestic energy management system --- time series --- energy trading --- decision-making under uncertainty --- Demand Response Unit Commitment (DRUC) --- real-time simulation --- distributed generation --- discrete wavelet transformer --- microgrid (MG) --- probabilistic programming --- optimal bidding --- ac/dc hybrid microgrid --- building energy flexibility --- storage --- uncertainty --- Cat Swarm Optimization (CSO) --- advance and retreat method --- multiplier method --- microgrid --- Demand Response (DR) --- electricity markets --- aggregators --- fault localization --- aggregator --- consensus algorithm --- black start --- microgrid operation --- local controller --- thermal comfort --- diffusion strategy --- optimal operation --- power system restoration (PSR) --- energy flexibility --- ARIMA --- pricing strategy --- clustering --- adaptive droop control --- multi-agent system (MAS) --- hierarchical game --- energy flexibility potential --- demand response --- autonomous operation --- energy management system --- stochastic programming --- co-generation --- Unit Commitment (UC) --- distributed system --- demand-side energy management --- virtual power plant --- Powell direction acceleration method --- average consensus algorithm (ACA) --- transmission line --- interval optimization --- renewable energy --- microgrids --- scheduling --- business model --- non-cooperative game (NCG) --- domestic energy management system --- time series --- energy trading --- decision-making under uncertainty --- Demand Response Unit Commitment (DRUC) --- real-time simulation --- distributed generation --- discrete wavelet transformer --- microgrid (MG) --- probabilistic programming --- optimal bidding --- ac/dc hybrid microgrid --- building energy flexibility --- storage --- uncertainty --- Cat Swarm Optimization (CSO) --- advance and retreat method --- multiplier method --- microgrid --- Demand Response (DR) --- electricity markets --- aggregators --- fault localization --- aggregator --- consensus algorithm --- black start --- microgrid operation --- local controller --- thermal comfort --- diffusion strategy --- optimal operation --- power system restoration (PSR) --- energy flexibility --- ARIMA --- pricing strategy --- clustering --- adaptive droop control --- multi-agent system (MAS) --- hierarchical game --- energy flexibility potential --- demand response

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This paper examines the short- and long-run economic impact of Egypt's energy subsidy reform in July 2014 (without and without compensating transfers for the bottom 40 percent of the income distribution) and the decline in global energy prices, as well as the long-run impact of phasing out the energy subsidies over a 5 year period. The analysis uses a Computable General Equilibrium model with 56 productive sectors, including 11 energy subsectors. The short-run analysis employs a two-stage factor market adjustment, with wages first fixed and then flexible. The long-run analysis is run in a recursive dynamic mode, capturing the impact of improved productivity and increased investment resulting from more efficient allocation of resources and reduction in government deficits. In the short run, the 2014 reforms lead to slightly lower consumption while investment increases strongly and production shifts from highly subsidized energy-intensive sectors such as energy, water and sanitation, and transport to other sectors (notably construction). The impact on overall consumer prices is limited. In the longer run, real GDP growth increases by about one percentage point relative to the baseline before the 2014 reform.

Activities --- Adverse Impact --- Agriculture --- Approach --- Balance --- Balance of Payments --- Base Year --- Benchmark --- Budget Deficits --- Capital --- Capital Use --- Cement --- Coal --- Consumers --- Consumption --- Controlled Prices --- Cost of Energy --- Costs --- Crude Oil --- Crude Oil Production --- Development Policy --- Diesel --- Diesel Fuel --- Distribution of Energy --- Domestic Energy --- Domestic Natural Gas --- Dry Natural Gas --- Dynamic Analysis --- Economic Efficiency --- Economic Implications --- Economic Performance --- Economic Sectors --- Economic Theory & Research --- Elasticities --- Elasticity --- Electric Power --- Electric Power Generation --- Electric Power Plants --- Electricity --- Electricity Generation --- Electricity Prices --- Employment --- Energy --- Energy and Environment --- Energy Costs --- Energy Extraction --- Energy Prices --- Energy Production and Transportation --- Energy Products --- Energy Use --- Environment --- Environment and Energy Efficiency --- Equilibrium --- Exports --- Fixed Prices --- Fuel --- Fuel Oil --- Fuel Subsidies --- Full Employment --- Gas --- Gas Output --- Gas Prices --- Gas Producer --- Gasoline --- GDP --- Generation --- Goods --- Government Expenditures --- Government Subsidies --- Growth Rate --- High Energy --- Higher Energy Prices --- Incentives --- Income --- Income Groups --- Inputs --- International Trade --- Investment --- LNG --- Macroeconomic Performance --- Macroeconomics --- Macroeconomics and Economic Growth --- Measurement --- Mobility --- Natural Gas --- Natural Gas Output --- Natural Gas Prices --- Natural Gas Pricing --- Oil --- Oil Exporters --- Oil Price --- Oil Producer --- Oil Production --- Oil Products --- Payments --- Petroleum --- Petroleum Products --- Power --- Power Generation --- Power Plants --- Power Sector --- Price --- Price Changes --- Price Elasticities --- Price Subsidies --- Prices --- Production Costs --- Productivity Growth --- Real GDP --- Refined Petroleum Products --- Sanitation --- Static Analysis --- Subsidy --- Tax --- Tax Revenue --- Total Costs --- Total Factor Productivity --- Total Factor Productivity Growth --- Trade --- Trade Balance --- Trade Deficit --- Transport --- Transport Costs --- Transport Economics Policy and Planning --- Transportation --- Utilities --- Value --- Value Added --- Wage Rates --- Wages --- Water