Challenges of Smart Grids Implementation -- On the Concept of Flexibility in Electrical Power Systems: Signs of Inflexibility -- Investigating different sources of Flexibility in Power System -- Forecasting Available Demand Side Flexibility -- New Approaches for Increasing Demand Side Flexibility.

This book highlights recent advances in the identification, prediction and exploitation of demand side (DS) flexibility and investigates new methods of predicting DS flexibility at various different power system (PS) levels. Renewable energy sources (RES) are characterized by volatile, partially unpredictable and mostly non-dispatchable generation. The main challenge in terms of integrating RES into power systems is their intermittency, which negatively affects the power balance. Addressing this challenge requires an increase in the available PS flexibility, which in turn requires accurate estimation of the available flexibility on the DS and aggregation solutions at the system level. This book discusses these issues and presents solutions for effectively tackling them.