Social Impacts of Smart Grids The Future of Smart Grids and Energy Market Design

Social Impacts of Smart GridsThe Future of Smart Grids and Energy Market Design\nAuthor(s): Wadim Strielkowski\nFormat: Paperback\nPublisher: Elsevier Science Publishing Co Inc, United States\nImprint: Elsevier Science Publishing Co Inc\nISBN-13: 9780128177709, 978-0128177709\nSynopsis\nSocial Impacts of Smart Grids: The Future of Smart Grids and Energy Market Design explores the significant, unexplored societal consequences of our meteoric evolution towards intelligent, responsive and sustainable power generation and distribution systemsthe so-called smart grid. These consequences include new patterns of consumption behavior, systems planning under increasing uncertainty, and the ever- growing complexities involved. The work covers the historical impact of the transformation, examines the changing role of production and consumption behavior, articulates the principles and options for socially responsible smart grid power market design, and explores social acceptance of the smart gri.