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This paper presents a real time control strategy for dynamically balancing electric demand and supply at local level, in a scenario characterized by a HV/MV substation with the presence of renewable energy sources in the form of…

Optimization and Control · Mathematics 2015-06-16 Alessandro Di Giorgio , Francesco Liberati , Andrea Lanna

In electrical distribution grids, the constantly increasing number of power generation devices based on renewables demands a transition from a centralized to a distributed generation paradigm. In fact, power injection from Distributed…

Systems and Control · Computer Science 2017-06-30 Riccardo Bonetto , Michele Rossi , Stefano Tomasin , Carlo Fischione

To decarbonize the economy, many governments have set targets for the use of renewable energy sources. These are often formulated as relative shares of electricity demand or supply. Implementing respective constraints in energy models is a…

General Economics · Economics 2024-11-05 Martin Kittel , Wolf-Peter Schill

The inherent intermittency of renewable sources like wind and solar has resulted in a bundling of renewable generators with storage resources (batteries) for increased reliability. In this paper, we consider the problem of energy sharing…

Systems and Control · Electrical Eng. & Systems 2020-05-20 Vivek Deulkar , Jayakrishnan Nair

Pricing schemes are an important smart grid feature to affect typical energy usage behavior of energy users (EUs). However, most existing schemes use the assumption that a buyer pays the same price per unit of energy to all suppliers at any…

Systems and Control · Computer Science 2015-12-14 Wayes Tushar , Chau Yuen , David Smith , H. Vincent Poor

Since the 1990s, widespread introduction of central (wholesale) electricity markets has been seen across multiple continents, driven by the search for efficient operation of the power grid through competition. The increase of renewables has…

Systems and Control · Electrical Eng. & Systems 2025-10-15 Pål Forr Austnes , Matthieu Jacobs , Lu Wang , Mario Paolone

Smart energy networks provide for an effective means to accommodate high penetrations of variable renewable energy sources like solar and wind, which are key for deep decarbonisation of energy production. However, given the variability of…

Systems and Control · Electrical Eng. & Systems 2022-08-29 Cephas Samende , Zhong Fan , Jun Cao

The current governance process to plan the German energy system omits two options to substitute grid expansion: First, placing renewables closer to demand instead of where site conditions are best. Second, utilizing storage instead of…

Physics and Society · Physics 2022-12-21 Leonard Göke , Mario Kendziorski , Claudia Kemfert , Christian von Hirschhausen

The large integration of variable energy resources is expected to shift a large part of the energy exchanges closer to real-time, where more accurate forecasts are available. In this context, the short-term electricity markets and in…

Trading and Market Microstructure · Quantitative Finance 2020-04-14 Ioannis Boukas , Damien Ernst , Thibaut Théate , Adrien Bolland , Alexandre Huynen , Martin Buchwald , Christelle Wynants , Bertrand Cornélusse

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…

Systems and Control · Electrical Eng. & Systems 2020-12-29 Veronica R. Bosquezfoti , Andrew L. Liu

We present a hierarchical framework aimed at decentralizing the distribution systems market operations using localized peer-to-peer energy markets. Hierarchically designed decision-making algorithm approaches the power systems market…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-11-21 Sakshi Mishra , Roohallah Khatami , Yu Christine Chen

This two-part paper addresses the design of retail electricity tariffs for distribution systems with distributed energy resources such as solar power and storage. In particular, the optimal design of dynamic two-part tariffs for a regulated…

Optimization and Control · Mathematics 2017-02-08 Daniel Munoz-Alvarez , Lang Tong

The increasing integration of renewable energy introduces a great challenge to the supply and demand balance of the power grid. To address this challenge, this paper formulates a Stackelberg Markov game (SMG) between an aggregator and…

Systems and Control · Electrical Eng. & Systems 2025-09-17 Siying Huang , Yifen Mu , Ge Chen

This paper investigates effects of realistic, non-ideal, decisions of energy users as to whether to participate in an energy trading system proposed for demand-side management of a residential community. The energy trading system adopts a…

Computer Science and Game Theory · Computer Science 2016-05-10 Chathurika P. Mediwaththe , David B. Smith

In this paper, we address the energy storage management problem in distribution networks from the perspective of an independent energy storage manager (IESM) who aims to realize optimal energy storage sharing with multi-objective…

Optimization and Control · Mathematics 2017-08-03 Huimiao Chen , Yang Yu , Zechun Hu , Haocheng Luo , Chin-Woo Tan , Ram Rajagopal

In this paper, we address a key issue of designing architectures and algorithms which generate optimal demand response in a decentralized manner for a smart-grid consisting of several stochastic renewables and dynamic loads. By optimal…

Systems and Control · Computer Science 2021-04-27 Rahul Singh , Ke Ma , Anupam Thatte , P. R. Kumar , Le Xie

In this paper, the problem of smart grid energy management under stochastic dynamics is investigated. In the considered model, at the demand side, it is assumed that customers can act as prosumers who own renewable energy sources and can…

Computer Science and Game Theory · Computer Science 2017-08-08 Seyed Rasoul Etesami , Walid Saad , Narayan Mandayam , H. Vincent Poor

This paper evaluates market equilibrium under different pricing mechanisms in a two-settlement 100%-renewables electricity market. Given general probability distributions of renewable energy, we establish game-theoretical models to analyze…

Systems and Control · Electrical Eng. & Systems 2023-05-23 Dongwei Zhao , Audun Botterud , Marija Ilic

Renewables will soon dominate energy production in our electric power system. And yet, how to integrate renewable energy into the grid and the market is still a subject of major debate. Decentral Smart Grid Control (DSGC) was recently…

Adaptation and Self-Organizing Systems · Physics 2016-10-31 Benjamin Schäfer , Carsten Grabow , Sabine Auer , Jürgen Kurths , Dirk Witthaut , Marc Timme

Energy storage systems (ESSs) are essential components of the future smart grid to smooth out the fluctuating output of renewable energy generators. However, installing large number of ESSs for individual energy consumers may not be…

Systems and Control · Computer Science 2016-07-25 Katayoun Rahbar , Mohammad R. Vedady Moghadam , Sanjib Kumar Panda , Thomas Reindl
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