This book highlights recent advancements in renewable energy integration and more specifically assessing and managing the involved risks and uncertainties. Electrical networks all around the world are experiencing the integration of various types of energy resources including energy storage systems and these systems are forming the future of power generation and delivery systems. There has been significant interest in this area over the past decade. Proper designing, planning and operating such systems is crucial and the key area of interest for researchers and utilities. This book is focused on risk assessment and management in such systems. The key emphasis of this book is on the various modelling, optimization and application of various risk assessment and management techniques in design, planning and operation of electrical networks with high penetration of renewable energy resources. This book introduces existing and new modelling approaches, optimization, control and management methods, as well as their various assessment, estimation or mitigation approaches. This book introduces and covers these topics in a comprehensive and coherent way to professionals and researchers around the world.

Dr. Farhad Shahnia received his Ph.D. in Electrical Engineering from Queensland University of Technology (Australia) in 2011. He is a Professor at the School of Engineering and Energy, Murdoch University, Perth, Australia. Prior to that, he was a lecturer at Curtin University (Australia, 2012-15). He has published 9 books, 15 book chapters, and 250+ scholarly journal articles, conference papers and technical reports.

Dr. Behnam Mohammadi-Ivatloo has received his Ph.D. in electrical engineering from Sharif University of Technology, Tehran, Iran, in 2012. He is a professor at the School of Energy Systems in Lappeenranta-Lahti University of Technology (LUT), Lappeenranta, Finland. He has published 11 books and 300+ papers and has led over 20 externally funded research projects in the areas of integrated energy systems, sector coupling, renewable energies, energy storage systems, microgrids, and smart grids.