Sustainable electric power systems in the 21st century: requirements, challenges and the role of new technologies

Electricity has indeed become a basic necessity in modern society. While the industry has done a good job of meeting the energy needs of the 20th Century, generally it has had an adverse impact on the natural environment. The industry is now undergoing a period of major restructuring: a shift from a...

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Bibliographic Details
Published inIEEE Power Engineering Society General Meeting, 2004 pp. 2297 - 2298 Vol.2
Main Author Kundur, P.
Format Conference Proceeding
LanguageEnglish
Published IEEE 2004
Subjects
Distributed control
Electricity supply industry
Environmental economics
Fuel cells
Green products
Hydrogen
Power generation
Power generation economics
Power system economics
Power systems
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Summary:Electricity has indeed become a basic necessity in modern society. While the industry has done a good job of meeting the energy needs of the 20th Century, generally it has had an adverse impact on the natural environment. The industry is now undergoing a period of major restructuring: a shift from a monopolistic to a competitive structure. It is facing new economic and social pressures to refocus its business so as to meet the energy needs of the society in a way that is "sustainable" in the long run. Sustainability requires balancing economic growth and prosperity with the preservation of the natural environment.
ISBN:9780780384651
0780384652
DOI:10.1109/PES.2004.1373295