Towards Improving Resilience of Smart Urban Electricity Networks by Interactively Assessing Potential Microgrids

When a city adds a renewable generation to improve its carbon footprint, this step towards a greener city can be a step towards a smarter city. Strategical positioning of new urban electricity components makes the city more resilient to electricity outages. Money and resilience are two conflicting goals in this case. In case of blackouts, renewable generation, other than distributed combustion generations, can serve critical demand to essential city nodes, such as hospitals, water purification facilities, and police stations. Not the last, the city level stakeholders might be interested in envisioning monetary saving related to introducing a renewable. To provide decision makers with resilience and monetary information, it is needed to analyze the impact of introducing the renewable into the grid. This paper introduces a novel tool suitable for this purpose and reports on the validation efforts. The outcomes indicate that predicted outcomes of two alternative points of introducing renewables into the grid can be analyzed with the help of the tool and ultimately be meaningfully compared

Behind the definition of Industry 5.0: A systematic review of technologies, principles, components, and values

This study addresses the emerging concept of Industry 5.0, which aims to tackle societal concerns associated with the ongoing digital industrial transformation. However, there is still a lack of consensus on the definition and scope of Industry 5.0, as well as limited understanding of its technological components, design principles, and intended values. To bridge these knowledge gaps, the study conducts a content-centric review of relevant literature and synthesizes evidence to develop an architectural design for Industry 5.0. The findings reveal that Industry 5.0 represents the future of industrial transformation, offering potential solutions to socio-economic and environmental issues that were inadequately addressed or exacerbated by Industry 4.0. The study provides managers, industrialists, and policymakers with a comprehensive overview of Industry 5.0, including its technological constituents, design principles, and smart components, emphasizing the importance of stakeholder involvement and integration for effective governance of digital industrial transformation within this framework

Demand Response in Smart Grids

The Special Issue “Demand Response in Smart Grids” includes 11 papers on a variety of topics. The success of this Special Issue demonstrates the relevance of demand response programs and events in the operation of power and energy systems at both the distribution level and at the wide power system level. This reprint addresses the design, implementation, and operation of demand response programs, with focus on methods and techniques to achieve an optimized operation as well as on the electricity consumer

South Carolina Floodwater Commission report

Governor McMaster created the South Carolina Floodwater Commission on October 15, 2018. The Commission is dedicated to mitigating flooding and lessening the negative impacts to our state's economy. Our charge is to help people - while facilitating growth, promoting tourism and assisting communities and businesses struggling from repeated flooding events. The Commission's task force's findings and recommendations are included. It also includes other Task Force reports from the Artificial Reef Systems Task Force, Artificial Reef System Task Force, Living Shoreline Task Force, Infrastructure and Shoreline Armoring Task Force, Smart Rivers & Dam Security Task Force, Grid Security Task Force, Landscape Beautification and Protection Task Force, National Security Task Force, Stakeholder Engagement Task Force, Federal Funding Task Force and the Economic Development Task Force

Open-source modelling infrastructure: Building decarbonization capacity in Canada

Actions that transform our energy system are the cornerstone of decarbonizing our economy but have been hindered by the ineffective interface between researchers and decision-makers in Canada. This paper begins by arguing for a more holistic perspective on energy system decarbonization modelling and exploring how insights can aid evidence-based decision making. We then respond with the development of a modelling platform that includes three core pillars: (1) a toolbox of models that together represent the integrated energy system, (2) a dataset containing the inputs required to populate those models, and (3) a visualization suite to analyze and communicate their outputs. The Spine Toolbox is leveraged to process these three components in an efficient workflow. Taken together, the platform promotes the usability of model results by fostering consistency, transparency, and timeliness. Furthermore, the epistemic limitations of energy systems modelling and implications for platform and model design, and engaging extended peer communities, are discussed. Our hope is that this platform can be a foundational resource that facilitates collaboration between energy system and decarbonization researchers, modelling teams and decision-makers, ultimately enabling the effective application of evidence-based policy

Market Engineering

This open access book provides a broad range of insights on market engineering and information management. It covers topics like auctions, stock markets, electricity markets, the sharing economy, information and emotions in markets, smart decision-making in cities and other systems, and methodological approaches to conceptual modeling and taxonomy development. Overall, this book is a source of inspiration for everybody working on the vision of advancing the science of engineering markets and managing information for contributing to a bright, sustainable, digital world. Markets are powerful and extremely efficient mechanisms for coordinating individuals’ and organizations’ behavior in a complex, networked economy. Thus, designing, monitoring, and regulating markets is an essential task of today’s society. This task does not only derive from a purely economic point of view. Leveraging market forces can also help to tackle pressing social and environmental challenges. Moreover, markets process, generate, and reveal information. This information is a production factor and a valuable economic asset. In an increasingly digital world, it is more essential than ever to understand the life cycle of information from its creation and distribution to its use. Both markets and the flow of information should not arbitrarily emerge and develop based on individual, profit-driven actors. Instead, they should be engineered to serve best the whole society’s goals. This motivation drives the research fields of market engineering and information management. With this book, the editors and authors honor Professor Dr. Christof Weinhardt for his enormous and ongoing contribution to market engineering and information management research and practice. It was presented to him on the occasion of his sixtieth birthday in April 2021. Thank you very much, Christof, for so many years of cooperation, support, inspiration, and friendship