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We develop a stochastic equilibrium model for an electricity market with asymmetric renewable energy forecasts. In our setting, market participants optimize their profits using public information about a conditional expectation of energy…

Optimization and Control · Mathematics 2020-05-26 Vladimir Dvorkin , Jalal Kazempour , Pierre Pinson

This paper aims to investigate the risk identification problem of power transmission system that is integrated with renewable energy sources. In practice, the fluctuation of power generation from renewable energy sources can lead to severe…

Systems and Control · Computer Science 2018-11-26 Chao Zhai , Gaoxi Xiao , Hehong Zhang , Tso-Chien Pan

Renewable-energy-based grids development needs new methods to maintain the balance between the load and generation using the efficient energy storages models. Most of the available energy storages models do not take into account such…

Signal Processing · Electrical Eng. & Systems 2019-06-10 Denis Sidorov , Qing Tao , Ildar Muftahov , Aleksei Zhukov , Dmitriy Karamov , Aliona Dreglea , Fang Liu

The method of flow tracing follows the power flow from net-generating sources through the network to the net-consuming sinks, which allows to assign the usage of the underlying transmission infrastructure to the system participants. This…

Physics and Society · Physics 2017-11-09 Jonas Hörsch , Mirko Schäfer , Sarah Becker , Stefan Schramm , Martin Greiner

Renewable energy sources play a major role in future net-zero energy systems. However, achieving energy system resilience remains challenging, since renewables depend on weather fluctuations, and future energy systems are subject to major…

Physics and Society · Physics 2025-12-16 Luna Bloin-Wibe , Erich Fischer , Leonard Göke , Reto Knutti , Francesco de Marco , Jan Wohland

The explosive wireless data service requirement accompanied with carbon dioxide emission and consumption of traditional energy has put pressure on both industry and academia. Wireless networks powered with the uneven and intermittent…

Networking and Internet Architecture · Computer Science 2016-12-13 Qiao Li , Yifei Wei , Mei Song , F. Richard Yu

Wind power and other forms of renewable energy sources play an ever more important role in the energy supply of today's power grids. Forecasting renewable energy sources has therefore become essential in balancing the power grid. While a…

Machine Learning · Computer Science 2022-02-18 Nina Effenberger , Nicole Ludwig

The supply of electrical energy is being increasingly sourced from renewable generation resources. The variability and uncertainty of renewable generation, compared to a dispatch-able plant, is a significant dissimilarity of concern to the…

Optimization and Control · Mathematics 2017-11-16 Farhad Samadi Gazijahani , Javad Salehi

We investigate the problem of allocating energy from renewable sources to flexible consumers in electricity markets. We assume there is a renewable energy supplier that provides energy according to a time-varying (and possibly…

Optimization and Control · Mathematics 2010-06-25 Michael J. Neely , Arash Saber Tehrani , Alexandros G. Dimakis

Demand response provides utilities with a mechanism to share with end users the stochasticity resulting from the use of renewable sources. Pricing is accordingly used to reflect energy availability, to allocate such a limited resource to…

Artificial Intelligence · Computer Science 2016-06-08 Andrea Monacchi , Wilfried Elmenreich

Peer-to-peer (P2P) energy trading and energy communities have garnered much attention over in recent years due to increasing investments in local energy generation and storage assets. However, the efficiency to be gained from P2P trading,…

Systems and Control · Electrical Eng. & Systems 2023-11-21 Ying Zhang , Valentin Robu , Sho Cremers , Sonam Norbu , Benoit Couraud , Merlinda Andoni , David Flynn , H. Vincent Poor

We consider the performance modeling and evaluation of network systems powered with renewable energy sources such as solar and wind energy. Such energy sources largely depend on environmental conditions, which are hard to predict…

Performance · Computer Science 2011-08-09 Kui Wu , Yuming Jiang , Dimitri Marinakis

Given increasing risk from climate-induced natural hazards, there is growing interest in the development of methods that can quantitatively measure resilience in power systems. This work quantifies resilience in electric power transmission…

Physics and Society · Physics 2019-06-18 Molly Rose Kelly-Gorham , Paul. D. H. Hines , Ian Dobson

The power from wind and solar exhibits a nonlinear flickering variability, which typically occurs at time scales of a few seconds. We show that high-frequency monitoring of such renewable powers enables us to detect a transition, controlled…

Physics and Society · Physics 2016-10-17 M. Anvari , G. Lohmann , M. Reza Rahimi Tabar , M. Wächter , P. Milan , D. Heinemann , Joachim Peinke , E. Lorenz

The new technologies emerging in the energy sector pose new requirements for both the regulation and operation of the electricity grid. Revised tariff structures and the introduction of local markets are two approaches that could tackle the…

Systems and Control · Electrical Eng. & Systems 2021-03-19 Bence Suto , Daniel Divenyi

In this report, several control strategies for microgrids with renewable energy resources and battery energy storage systems are proposed. Renewable energy has the potential to reduce global carbon emissions, while higher penetration of…

Systems and Control · Electrical Eng. & Systems 2019-11-07 Wenhao Zhuo

This working paper presents a comprehensive study on the development and analysis of various electricity market models, focusing on continuous, discrete, and fractional-order approaches. The continuous model captures the ongoing…

Optimization and Control · Mathematics 2024-07-29 Ioannis Dassios

The current trend towards more renewable and sustainable energy generation leads to an increased interest in new energy management systems and the concept of a smart grid. One important aspect of this is local energy trading, which is an…

Systems and Control · Electrical Eng. & Systems 2022-10-28 Jens Hönen , Johann L. Hurink , Bert Zwart

Renewable energy is essential for energy security and global warming mitigation. However, power generation from renewable energy sources is uncertain due to volatile weather conditions and complex equipment operations. To improve…

Methodology · Statistics 2020-07-09 Yuchen Shi , Nan Chen

This paper proposes a control strategy for a Reverse Fuel Cell used to manage a Renewable Energy Community. A two-stage scenario-based Model Predictive Control algorithm is designed to define the best economic strategy to be followed during…

Optimization and Control · Mathematics 2022-08-31 Francesco Conte , Gabriele Mosaico , Gianluca Natrella , Matteo Saviozzi , Fiammetta Rita Bianchi
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