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Power grids are moving towards 100% renewable energy source bulk power grids, and the overall dynamics of power system operations and electricity markets are changing. The electricity markets are not only dispatching resources economically…

Machine Learning · Computer Science 2023-09-13 Milan Jain , Xueqing Sun , Sohom Datta , Abhishek Somani

Along with the energy transition, the energy markets change their organization toward more decentralized and self-organized structures, striving for locally optimal profits. These tendencies may endanger the physical grid stability. One…

Theoretical Economics · Economics 2021-03-24 Tim Ritmeester , Hildegard Meyer-Ortmanns

The increased market penetration of renewable energy sources and the rapid development of electric battery storage technologies yield a potential for reducing electricity price volatility while maintaining stability of the power grid. This…

Optimization and Control · Mathematics 2017-06-13 Juri Hinz , Jeremy Yee

In this paper, we show that spatial correlation of renewable energy outputs greatly influences the robustness of power grids. First, we propose a new index for the spatial correlation among renewable energy outputs. We find that the spatial…

Physics and Society · Physics 2015-09-21 Motoki Nagata , Yoshito Hirata , Naoya Fujiwara , Gouhei Tanaka , Hideyuki Suzuki , Kazuyuki Aihara

With the development of the electric power system, the smart grid has become an important part of the smart city. The rational transmission of electric energy and the guarantee of power supply of the smart grid are very important to smart…

Systems and Control · Electrical Eng. & Systems 2023-09-04 Zhengxian Chen , Maowei Wang , Conghu Li

Ecosystems, which are intricate amalgams of biological communities and their surrounding environments, continually evolve under the influence of their myriad interactions. The world is currently facing intensifying environmental…

Biological Physics · Physics 2023-11-23 Ikumi Kobayashi

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

Our research is centred around the question how to best integrate the variable renewable energy sources (VRES), wind power and solar photovoltaics, into the European electricity grid. The future electricity supply will be based to a large…

Physics and Society · Physics 2014-02-12 Sarah Becker , Rolando A. Rodriguez , Gorm B. Andresen , Martin O. W. Greiner , Stefan Schramm

A transition to a low-carbon electricity supply is crucial to limit the impacts of climate change. Reducing carbon emissions could help prevent the world from reaching a tipping point, where runaway emissions are likely. Runaway emissions…

General Economics · Economics 2021-11-02 Alexander Kell

Renewable energy-based microgrids play a critical role in future smart grids. Due to the uncertainties of renewable generations, the microgrids face potential risk of load shedding during operation. To address this problem, we propose a…

Systems and Control · Electrical Eng. & Systems 2021-04-01 Juntao Chen , Yunhan Huang , Quanyan Zhu

Large deployment of distribute energy resources and the increasing awareness of end-users towards their energy procurement are challenging current practices of electricity markets. A change of paradigm, from a top-down hierarchical approach…

Optimization and Control · Mathematics 2020-09-18 Fabio Moret , Andrea Tosatto , Thomas Baroche , Pierre Pinson

The demand for electricity is undergoing considerable spatial and temporal change. With the uptake of efficient technologies and increased electrification, a better understanding of how potential changes in demand patterns can affect…

Systems and Control · Electrical Eng. & Systems 2020-08-13 Conrad Zorn , Elco Koks , Sven Eggimann

The growing complexity of the power grid, driven by increasing share of distributed energy resources and by massive deployment of intelligent internet-connected devices, requires new modelling tools for planning and operation. Physics-based…

Machine Learning · Statistics 2018-11-26 Francesco Fusco

This work studies how the communication network between proactive consumers affects the power utilization and fairness in a simplified direct-current micro-grid model, composed by three coupled layers: physical (an electric circuit that…

Multiagent Systems · Computer Science 2018-02-13 Florian Kühnlenz , Pedro H. J. Nardelli , Hirley Alves

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

The integration of renewable generation poses operational and economic challenges for the electricity grid. For the core problem of power balance, the legacy paradigm of tailoring supply to follow random demand may be inappropriate under…

Systems and Control · Computer Science 2014-09-25 Ashutosh Nayyar , Matias Negrete-Pincetic , Kameshwar Poolla , Pravin Varaiya

Network models of large-scale electricity systems feature only a limited spatial resolution, either due to lack of data or in order to reduce the complexity of the problem with respect to numerical calculations. In such cases, both the…

Physics and Society · Physics 2017-11-22 Mirko Schäfer , Simon Bugge Siggaard , Kun Zhu , Chris Risager Poulsen , Martin Greiner

Modern power systems integrate renewable distributed energy resources (DERs) as an environment-friendly enhancement to meet the ever-increasing demands. However, the inherent unreliability of renewable energy renders developing DER…

Systems and Control · Electrical Eng. & Systems 2024-05-30 Xiaotong Cheng , Ioannis Tsetis , Setareh Maghsudi

Typically, a large portion of microgrid generating capacity is from variable renewable resources that are greatly impacted by the environment and can be intermittent as well as stochastic. This would result in uncertainty of microgrid…

Systems and Control · Electrical Eng. & Systems 2020-06-23 Cunzhi Zhao , Xingpeng Li

Nowadays, power system inertia is changing as a consequence of replacing conventional units by renewable energy sources, mainly wind and PV power plants. This fact affects significantly the grid frequency response under power imbalances. As…

Systems and Control · Electrical Eng. & Systems 2020-05-06 A. Fernández-Guillamón , A. Vigueras-Rodríguez , A. Molina-García
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