Springer Economically Enabled Energy Management: Interplay Between Control Engineering and Economics

This book gathers contributions from a multidisciplinary research team comprised of control engineering and economics researchers and formed to address a central interdisciplinary social issue, namely economically enabled energy management. The book’s primary focus is on achieving optimal energy management that is viable from both an engineering and economic standpoint. In addition to the theoretical results and techniques presented, several chapters highlight experimental case studies, which will benefit academic researchers and practitioners alike.    The first three chapters present comprehensive overviews of respective social contexts, underscore the pressing need for economically efficient energy management systems and academic work on this emerging research topic, and identify fundamental differences between approaches in control engineering and economics. In turn, the next three chapters (Chapters 4–6) provide economics-oriented approaches to the subject. The following five chapters (Chapters 7–11) address optimal energy market design, integrating both physical and economic models. The book’s last three chapters (Chapters 12–14) mainly focus on the engineering aspects of next-generation energy management, though economic factors are also shown to play important roles. From the Back Cover This book gathers contributions from a multidisciplinary research team comprised of control engineering and economics researchers and formed to address a central interdisciplinary social issue, namely economically enabled energy management. The book’s primary focus is on achieving optimal energy management that is viable from both an engineering and economic standpoint. In addition to the theoretical results and techniques presented, several chapters highlight experimental case studies, which will benefit academic researchers and practitioners alike.     The first three chapters present comprehensive overviews of respective social contexts, underscore the pressing need for economically efficient energy management systems and academic work on this emerging research topic, and identify fundamental differences between approaches in control engineering and economics. In turn, the next three chapters (Chapters 4–6) provide economics-oriented approaches to the subject. The following five chapters (Chapters 7–11) address optimal energy market design, integrating both physical and economic models. The book’s last three chapters (Chapters 12–14) mainly focus on the engineering aspects of next-generation energy management, though economic factors are also shown to play important roles. About the Author Takeshi Hatanaka received his B.Eng. degree in informatics and mathematical science, and his M.Inf. and Ph.D. degrees in applied mathematics and physics, from Kyoto University, Japan, in 2002, 2004 and 2007, respectively. He joined Tokyo Institute of Technology in 2007, where he held positions as an assistant and associate professor. In 2016, he spent an eight-month sabbatical at the School of Engineering and Applied Sciences, Harvard University. Since April 2018, he has been an Associate Professor at Osaka University. His research interests include energy management systems and networked robotics. He received the Outstanding Paper Award (2009, 2015), Pioneer Award (2014), Outstanding Book Award (2016), Kimura Award (2017), and Control Division Conference Award (2018), all from the SICE. He is an associate editor for the journals IEEE TSCT and SICE JCMSI, and a member of the Conference Editorial Board of IEEE CSS. He is the coauthor of Passivity-Based Control and Estimation in Networked Robotics (Springer, 2015).    Yasuaki Wasa is currently an assistant professor of Electrical Engineering and Bioscience, Waseda University, Japan, since April 2019. He received his B.Eng. degree in control and systems engineering, and his M.Eng. and Ph.D. degrees in mechanical and contro