English
Related papers

Related papers: Mechanism Designs for Stochastic Resources for Ren…

200 papers

Wind power producers can benefit from forming coalitions to participate cooperatively in electricity markets. To support such collaboration, various profit allocation rules rooted in cooperative game theory have been proposed. However,…

Systems and Control · Electrical Eng. & Systems 2025-10-15 Honglin Wen , Pierre Pinson

The integration of distributed renewable generation (DRG) in distribution networks can be effectively promoted by scheduling flexible resources such as heating, ventilation, and air conditioning (HVAC) loads. However, finding the optimal…

Systems and Control · Electrical Eng. & Systems 2022-10-03 Ge Chen , Hongcai Zhang , Hongxun Hui , Yonghua Song

Edge computing has been recently introduced as a way to bring computational capabilities closer to end users of modern network-based services, in order to support existent and future delay-sensitive applications by effectively addressing…

Networking and Internet Architecture · Computer Science 2021-07-02 Eugenio Moro , Ilario Filippini

Scheduling the power exchange between a population of heterogeneous distributed energy resources and the corresponding upper-level system is an important control problem in power systems. A key challenge is the large number of (partially…

Systems and Control · Electrical Eng. & Systems 2024-09-23 Riccardo Remo Appino , Veit Hagenmeyer , Timm Faulwasser

We present a method to find the maximum magnitude of any supply-shortfall service that an aggregator of energy storage devices is able to sell to a grid operator. This is first demonstrated in deterministic settings, then applied to…

Optimization and Control · Mathematics 2020-05-12 Michael P. Evans , Simon H. Tindemans , David Angeli , Goran Strbac

We study a mechanism design problem where a seller aims to allocate a good to multiple bidders, each with a private value. The seller supports or favors a specific group, referred to as the minority group. Specifically, the seller requires…

Theoretical Economics · Economics 2025-02-13 Ruiqin Wang , Cagil Kocyigit , Napat Rujeerapaiboon

Reliable operation in power systems is becoming more difficult as the penetration of random renewable resources increases. In particular, operators face the risk of not scheduling enough traditional generators in the times when renewable…

Optimization and Control · Mathematics 2013-05-28 Junjie Qin , Baosen Zhang , Ram Rajagopal

The interdependence of electricity and natural gas markets is becoming a major topic in energy research. Integrated energy models are used to assist decision-making for businesses and policymakers addressing challenges of energy transition…

General Finance · Quantitative Finance 2020-09-11 Iegor Riepin , Thomas Möbius , Felix Müsgens

To address the exponentially increasing data rate demands of end users, necessitates efficient spectrum allocation among co-existing operators in licensed and unlicensed spectrum bands to cater to the temporal and spatial variations of…

Computer Science and Game Theory · Computer Science 2020-01-22 Indu Yadav , Ankur A. Kulkarni , Abhay Karandikar

In this study, an optimization problem is proposed in order to obtain the maximum economic benefit from wind farms with variable and intermittent energy generation in the day ahead and balancing electricity markets. This method, which is…

Econometrics · Economics 2018-06-15 Akın Taşcikaraoğlu , Ozan Erdinç

Securing an adequate supply of dispatchable resources is critical for keeping a power system reliable under high penetrations of variable generation. Traditional resource adequacy mechanisms are poorly suited to exploiting the growing…

Systems and Control · Electrical Eng. & Systems 2022-10-27 Farhad Billimoria , Filiberto Fele , Iacopo Savelli , Thomas Morstyn , Malcolm McCulloch

The rapid increase in Electric Vehicle (EV) adoption provides a promising solution for reducing carbon emissions and fossil fuel dependency in transportation systems. However, the increasing numbers of EVs pose significant challenges to the…

Systems and Control · Electrical Eng. & Systems 2024-01-04 G Hari Krishna , K. Victor Sam Moses Babu , Divyanshi Dwivedi , Pratyush Chakraborty , Pradeep Kumar Yemula , Mayukha Pal

Power systems with high penetration of variable renewable generation are vulnerable to periods with low generation. An alternative to retain high dispatchable generation capacity is electric energy storage that enables utilization of…

Systems and Control · Electrical Eng. & Systems 2022-07-29 Per Aaslid , Magnus Korpås , Michael M Belsnes , Olav B Fosso

Accurate and reliable forecasting of renewable energy generation is crucial for the efficient integration of renewable sources into the power grid. In particular, probabilistic forecasts are becoming essential for managing the intrinsic…

Applications · Statistics 2025-02-12 Alireza Moradi , Mathieu Tanneau , Reza Zandehshahvar , Pascal Van Hentenryck

Shift of the power system generation from the fossil to the variable renewable sources prompted the system operators to search for new sources of flexibility, that is, new reserve providers. With the introduction of electric vehicles, smart…

Systems and Control · Electrical Eng. & Systems 2020-12-22 Ivan Pavić , Hrvoje Pandžić , Tomislav Capuder

The roll-out of stochastic renewable energy sources (RES) undermines the efficiency of power system and market operations. This paper proposes an approach to derive electricity prices that internalize RES stochasticity. We leverage a…

Systems and Control · Electrical Eng. & Systems 2020-03-31 Robert Mieth , Jip Kim , Yury Dvorkin

The electricity distribution grid was not designed to cope with load dynamics imposed by high penetration of electric vehicles, neither to deal with the increasing deployment of distributed Renewable Energy Sources. Distribution System…

Computers and Society · Computer Science 2017-12-19 José Horta , Daniel Kofman , David Menga

The operation and planning of large-scale power systems are becoming more challenging with the increasing penetration of stochastic renewable generation. In order to minimize the decision risks in power systems with large amount of…

Optimization and Control · Mathematics 2019-03-14 Congmei Jiang , Yize Chen , Yongfang Mao , Yi Chai , Mingbiao Yu

Wireless networks are evolving from radio resource providers to complex systems that also involve computing, with the latter being distributed across edge and cloud facilities. Also, their optimization is shifting more and more from a…

Computer Science and Game Theory · Computer Science 2025-08-08 Mandar Datar , Mattia Merluzzi

This study develops a scalable co-optimization strategy for the joint bidding of cascaded hydropower, wind, and solar energy units, treated as a unified entity in the day-ahead market. Although hydropower flexibility can manage the…

Optimization and Control · Mathematics 2025-11-10 Luca Santosuosso , Simon Camal , Arthur Lett , Guillaume Bontron , Jalal Kazempour , Georges Kariniotakis