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We consider the problem of optimal trading for a power producer in the context of intraday electricity markets. The aim is to minimize the imbalance cost induced by the random residual demand in electricity, i.e. the consumption from the…

Trading and Market Microstructure · Quantitative Finance 2018-11-27 René Aïd , Pierre Gruet , Huyên Pham

In pursuit of carbon neutrality, many countries have adopted renewable portfolio standards to facilitate the integration of renewable energy. However, increasing penetration of renewable energy resources will also pose higher requirements…

Systems and Control · Electrical Eng. & Systems 2023-12-27 Wenli Wu , Ye Guo , Jiantao Shi

In this tutorial paper, a comprehensive survey is given on several major systematic approaches in dealing with delay-aware control problems, namely the equivalent rate constraint approach, the Lyapunov stability drift approach and the…

Performance · Computer Science 2016-11-17 Ying Cui , Vincent K. N. Lau , Rui Wang , Huang Huang , Shunqing Zhang

In two-stage electricity markets, renewable power producers enter the day-ahead market with a forecast of future power generation and then reconcile any forecast deviation in the real-time market at a penalty. The choice of the forecast…

Systems and Control · Electrical Eng. & Systems 2025-01-15 Vladimir Dvorkin

This paper presents a radio resource block allocation optimization problem for cellular communications systems with users running delay-tolerant and real-time applications, generating elastic and inelastic traffic on the network and being…

Networking and Internet Architecture · Computer Science 2014-06-11 Mo Ghorbanzadeh , Ahmed Abdelhadi , Charles Clancy

This paper develops a power management scheme that jointly optimizes the real power consumption of programmable loads and reactive power outputs of photovoltaic (PV) inverters in distribution networks. The premise is to determine the…

Systems and Control · Computer Science 2016-10-20 Mohammadhafez Bazrafshan , Nikolaos Gatsis

We present modeling and analysis of day-ahead spatio-temporal energy markets in which each competitive aggregator aims at making the highest profit by managing a complex mixture of different energy resources, such as conventional…

Optimization and Control · Mathematics 2020-09-23 Takayuki Ishizaki , Masakazu Koike , Nobuyuki Yamaguchi , Yuzuru Ueda , Jun-ichi Imura

In this paper, a novel approach to define the optimal bidding of renewable-only virtual power plants (RVPPs) in the day-ahead, secondary reserve, and intra-day markets is proposed. To this aim, a robust optimization algorithm is developed…

Systems and Control · Electrical Eng. & Systems 2024-02-20 Hadi Nemati , Pedro Sánchez-Martín , Álvaro Ortega , Lukas Sigrist , Enrique Lobato , Luis Rouco

We consider a communication system with multi-access fading channel. Each user in the system requires certain rate guarantee. Our main contribution is to devise a scheduling scheme called "Opportunistic Super-position Coding" that satisfies…

Information Theory · Computer Science 2009-11-24 Prasanna Chaporkar , Kimmo Kansanen , Ralf R. Müller

As the proportion of total power supplied by renewable sources increases, it gets more costly to use reserve generation to compensate for the variability of renewables like solar and wind. Hence attention has been drawn to exploiting…

Systems and Control · Computer Science 2014-08-26 Ashutosh Nayyar , Matias Negrete-Pincetic , Kameshwar Poolla , Pravin Varaiya

Renewable energy generation is offered through electricity markets, quite some time in advance. This then leads to a problem of decision-making under uncertainty, which may be seen as a newsvendor problem. Contrarily to the conventional…

Optimization and Control · Mathematics 2023-01-31 Pierre Pinson

With the increasing popularity of Internet-based services and applications, power efficiency is becoming a major concern for data center operators, as high electricity consumption not only increases greenhouse gas emissions, but also…

Distributed, Parallel, and Cluster Computing · Computer Science 2015-03-19 Dmytro Dyachuk , Michele Mazzucco

Renewable resources are starting to constitute a growing portion of the total generation mix of the power system. A key difference between renewables and traditional generators is that many renewable resources are managed by individuals,…

Optimization and Control · Mathematics 2019-10-07 Pan Li , Shreyas Sekar , Baosen Zhang

The energy transition is expected to significantly increase the share of renewable energy sources whose production is intermittent in the electricity mix. Apart from key benefits, this development has the major drawback of generating a…

Trading and Market Microstructure · Quantitative Finance 2023-01-30 Thibaut Théate , Antonio Sutera , Damien Ernst

Using hourly energy consumption data recorded by smart meters, retailers can estimate the day-ahead energy consumption of their customer portfolio. Deep neural networks are especially suited for this task as a huge amount of historical…

Signal Processing · Electrical Eng. & Systems 2021-10-06 Oliver Mey , André Schneider , Olaf Enge-Rosenblatt , Yesnier Bravo , Pit Stenzel

The integration of intermittent and volatile renewable energy resources requires increased flexibility in the operation of the electric grid. Storage, broadly speaking, provides the flexibility of shifting energy over time; network, on the…

Optimization and Control · Mathematics 2015-04-23 Junjie Qin , Yinlam Chow , Jiyan Yang , Ram Rajagopal

A distributed, hierarchical, market based approach is introduced to solve the economic dispatch problem. The approach requires only a minimal amount of information to be shared between a central market operator and the end-users. Price…

Multiagent Systems · Computer Science 2020-09-07 Cornelis Jan van Leeuwen , Joost Stam , Arun Subramanian , Koen Kok

Renewable energy sources, such as wind and solar power, are increasingly being integrated into smart grid systems. However, when compared to traditional energy resources, the unpredictability of renewable energy generation poses significant…

Systems and Control · Electrical Eng. & Systems 2023-03-01 Arman Ghasemi , Amin Shojaeighadikolaei , Morteza Hashemi

Mobile Edge Computing (MEC) has recently emerged as a promising technology in the 5G era. It is deemed an effective paradigm to support computation-intensive and delay critical applications even at energy-constrained and computation-limited…

Systems and Control · Electrical Eng. & Systems 2022-02-09 Han Hu , Weiwei Song , Qun Wang , Rose Qingyang Hu , Hongbo Zhu

Renewable energy powered cognitive radio (CR) network has gained much attention due to its combination of the CR's spectrum efficiency and the renewable energy's "green" nature. In the paper, we investigate the delay-optimal data…

Information Theory · Computer Science 2015-10-06 Tian Zhang , Wei Chen