Preface
First and foremost, both editors acknowledge Elsevier for being given this great opportunity to publish a book on energy-storage applications for smart grids. Energy storage is one aspect of the smart-grid revolution that it is taking place in all areas of electric-power systems. The application of advanced storage technologies presents many great opportunities. These include:
• Shaving peak demand, which makes more efficient use of the transmission and distribution systems.
• Facilitating maintenance of aging grid infrastructure and potentially deferring the need for future system improvements.
• Competitively hedging or reducing energy, capacity, and ancillary service costs to load customers (or improving revenues to owners of supply ...
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