Related papers: A Hybrid Optimization Approach to Demand Response …
This paper explores an idea of demand-supply balance for smart grids in which consumers are expected to play a significant role. The main objective is to motivate the consumer, by maximizing their benefit both as a seller and a buyer, to…
With the increasing penetration of electric vehicles (EVs) into the automotive market, the electricity peak demand would increase significantly due to home-EV-charging. This paper tackles this problem by defining an 'ideal' EV consumption…
The rapid growth of variable renewable energy has increased the need for flexible and efficiently coordinated energy resources. In this context, hybrid resources that combine renewable generation and battery storage within a single…
With the rise of distributed energy resources and sector coupling, distributed optimization can be a sensible approach to coordinate decentralized energy resources. Further, district heating, heat pumps, cogeneration, and sharing concepts…
In [1], a single-period co-optimization model of energy and reserve is considered to better illustrate the properties of the co-optimization model and the associated market mechanism. To make the discussion more general, in this paper, the…
This paper proposes a novel congestion mitigation strategy for low voltage residential feeders in which the rising power demand due to the electrification of the transport and heating systems leads to congestion problems. The strategy is…
The evolution of the power grid towards the so-called Smart Grid, where information technologies help improve the efficiency of electricity production, distribution and consumption, allows to use the fine-grained control brought by the…
The implementation of electricity markets based on locational marginal pricing in a multi-settlement process has allowed wholesale competition, with pricing mechanisms that incentivize the optimal allocation of generation, transmission, and…
Electrifying demand-responsive transport systems need to plan the charging infrastructure carefully, considering the trade-offs of charging efficiency and charging infrastructure costs. Earlier studies assume a fully electrified fleet and…
In this work we propose a heuristic clearing method of day-ahead electricity markets. In the first part of the process, a computationally less demanding problem is solved using an approximation of the cumulative demand and supply curves,…
Demand-side management (DSM) is becoming an increasingly important component of the envisioned smart grid. The ability to improve the efficiency of energy use in the power system by altering demand is widely viewed as being not merely…
Recently, we proposed a capacity expansion approach for transmission grids that combines the upgrade of transmission capacity with a transition in system structure to improve grid operation. The key to this concept is a particular hybrid…
Utilities use demand response to shift or reduce electricity usage of flexible loads, to better match electricity demand to power generation. A common mechanism is peak pricing (PP), where consumers pay reduced (increased) prices for…
Demand response (DR) for smart grids, which intends to balance the required power demand with the available supply resources, has been gaining widespread attention. The growing demand for electricity has presented new opportunities for…
The widespread diffusion of distributed energy resources, especially those based on renewable energy, and energy storage devices has deeply modified power systems. As a consequence, demand response, the ability of customers to respond to…
Retail electrical power marketers, also known as retailers, typically set up contracts with suppliers to secure electricity at fixed prices on the one hand and with end users to meet their load requirements at agreed rates on the other…
A previous study has shown that coordinating DERs to protect the distribution grid can significantly reduce the infrastructure upgrades needed to address future increases in DER and electrification penetrations. Implementing such…
To coordinate resources among multi-level stakeholders and enhance the integration of electric vehicles (EVs) into multi-microgrids, this study proposes an optimal dispatch strategy within a multi-microgrid cooperative alliance using a…
In this paper, we propose a distributed control strategy for the design of an energy market. The method relies on a hierarchical structure of aggregators for the coordination of prosumers (agents which can produce and consume energy). The…
More active participation of the demand side and efficient integration of distributed energy resources (DERs) such as electric vehicles (trVs), energy storage (ES), and renewable energy sources (RESs) into the existing power systems are…