Market Operation of Energy Storage System in Smart Grid:A Review

As a flexible resource,energy storage plays an increasingly significant role in stabilizing and supporting the power system,while providing auxiliary services.Still,the current high demand for energy storage contrasts with the fuzzy lack of market-oriented mechanisms for energy storage,the principle of market-oriented operation has not been embodied,and there is no unified and systematic analytical framework for the business model.However,the dispatch management model of energy storage in actual power system operation is not clear.Still,the specific scheduling process and energy storage strategy on the source-load-network side could be more specific,and there needs to be a greater understanding of the collaborative scheduling process of the multilevel scheduling center.On this basis,this paper reviews the energy storage operation model and market-based incentive mechanism,For different functional types and installation locations of energy storage within the power system,the operational models and existing policies for energy storage participation in the market that are adapted to multiple operating states are summarized.From the point of view of the actual scheduling and operation management of energy storage in China,an energy storage regulation and operation management model based on“national,provincial,and local”multilevel coordination is proposed,as well as key technologies in the interactive scenarios of source-load,network and storage.

A Transparent and User-Centric Approach to Unify Resource Management and Code Scheduling of Local,Edge,and Cloud

Recently, several novel computing paradigms are proposed, e.g., fog computing and edge computing. In such more decentralized computing paradigms, the location and resource for code execution and data storage of end applications could also be optionally distributed among different places or machines. In this paper, we position that this situation requires a new transparent and usercentric approach to unify the resource management and code scheduling from the perspective of end users. We elaborate our vision and propose a software-defined code scheduling framework. The proposed framework allows the code execution or data storage of end applications to be adaptively done at appropriate machines under the help of a performance and capacity monitoring facility, intelligently improving application performance for end users. A pilot system and preliminary results show the advantage of the framework and thus the advocated vision for end users.

Project Planning and Scheduling in the Face of the Fourth Industrial Revolution(4IR)

This paper addresses the integrated processes of planning and scheduling of projects using technologies advanced tools as means for managing change in the era of the 4IR.The paper explores the traditional project management planning and scheduling tools in conjunction with what technology has to offer,to bridge the gap between the traditional project management planning and scheduling tools and what the modern-day business market demands.An analysis of literature covering a wide range of theoretic and empirical studies was performed.The theories underlying various planning and scheduling methods were analysed in relation to the design of projects.A descriptive quantitative secondary data was used as a tool to assess the impact of technology on project planning for scheduling.The analysis of the study’s data was conducted using the principles of cross-tabulation.Inferences were drawn on the significant impact of the use of advanced technological tools on project planning for scheduling in current business time.Organisations can make use of the findings of this study to correctly apply the available advanced technological tools for more efficient schedule management planning to enhance the successful delivery of their projects.Further,this research can be used to provide learning opportunities for new and inexperienced planners and schedulers,and as a basis for further research in this field of knowledge.

Research on Progress Control of Overseas Cement EPC General Contracting Project

The purpose of Engineering Procurement Construction(EPC)general contracting project schedule management is to ensure that the project meets its deadlines,and it plays a critical role in contract performance.In comparison to the domestic general contracting model,project management and coordination are more complex for the general contractor of international EPC projects.As a result,scientific project schedule process control is critical to effectively ensuring project duration,saving project costs,improving project management level,and project quality,and ensuring that the project achieves the promised advantages for both the contractor and the owner.Through the research and analysis of the status of the schedule management of the Indonesia B Project Phase II cement project,corresponding optimization measures are proposed for the project schedule process control.

Managing project risks and uncertainties

This article considers threats to a project slipping on budget,schedule and fit-for-purpose.Threat is used here as the collective for risks（quantifiable bad things that can happen）and uncertainties（poorly or not quantifiable bad possible events）.Based on experience with projects in developing countries this review considers that（a）project slippage is due to uncertainties rather than risks,（b）while eventuation of some bad things is beyond control,managed execution and oversight are stil the primary means to keeping within budget,on time and fit-for-purpose,（c）improving project delivery is less about bigger and more complex and more about coordinated focus,effectiveness and developing thought-out heuristics,and（d）projects take longer and cost more partly because threat identification is inaccurate,the scope of identified threats is too narrow,and the threat assessment product is not integrated into overall project decision-making and execution.Almost by definition,what is poorly known is likely to cause problems.Yet it is not just the unquantifiability and intangibility of uncertainties causing project slippage,but that they are insufficiently taken into account in project planning and execution that cause budget and time overruns.Improving project performance requires purpose-driven and managed deployment of scarce seasoned professionals.This can be aided with independent oversight by deeply experienced panelists who contribute technical insights and can potentially show that diligence is seen to be done.