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Related papers: Market-based Microgrid Optimal Scheduling

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Electricity markets typically clear in two stages: a day-ahead market and a real-time market. In this paper, we propose market mechanisms for a two-stage multi-interval electricity market with energy storage, generators, and demand…

Optimization and Control · Mathematics 2024-03-08 Rajni Kant Bansal , Enrique Mallada , Patricia Hidalgo-Gonzalez

Widespread utilization of electric vehicles (EVs) incurs more uncertainties and impacts on the scheduling of the power-transportation coupled network. This paper investigates optimal power scheduling for a power-transportation coupled…

Systems and Control · Electrical Eng. & Systems 2022-12-06 Haoran Deng , Bo Yang , Chao Ning , Cailian Chen , Xinping Guan

Coordination of distributed energy resources is critical for electricity grid management. Although nodal pricing schemes can mitigate congestion and voltage deviations, the resulting prices are not necessarily equitable. In this work, we…

Optimization and Control · Mathematics 2023-12-15 Emmanuel Balogun , Sonia Martin , Anthony Degleris , Ram Rajagopal

This paper proposes a market clearing mechanism for energy trading in a local transactive market, where each player can participate in the market as seller or buyer and tries to maximize its welfare individually. Market players send their…

Systems and Control · Computer Science 2018-10-29 Mohsen Khorasany , Yateendra Mishra , Gerard Ledwich

Distributed energy resource aggregators (DERAs) must share the distribution network together with the distribution utility in order to participate in the wholesale electricity markets that are operated by independent system operators…

Systems and Control · Electrical Eng. & Systems 2024-01-09 Cong Chen , Subhonmesh Bose , Timothy D. Mount , Lang Tong

This paper proposes a coordinated optimal scheduling model for hybrid AC/DC microgrids. The objective of the proposed model is to minimize the total microgrid operation cost when considering interactions between AC and DC sub-systems of the…

Systems and Control · Computer Science 2017-11-10 Abdulaziz Alanazi , Hossein Lotfi , Amin Khodaei

This paper proposes a real-time distributed operational architecture to efficiently coordinate intergrated transmission and distribution systems (ITD). At the distribution system level, the distribution system operator (DSO) computes the…

Optimization and Control · Mathematics 2024-07-08 Xinliang Dai , Yi Guo , Yuning Jiang , Colin N. Jones , Gabriela Hug , Veit Hagenmeyer

The problem of multi-area interchange scheduling in the presence of stochastic generation and load is considered. A new interchange scheduling technique based on a two-stage stochastic minimization of overall expected operating cost is…

Systems and Control · Computer Science 2016-01-12 Yuting Ji , Tongxin Zheng , Lang Tong

A cooperative energy scheduling method is proposed that allows joint energy optimization for a group of microgrids to achieve cost savings that the microgrids could not achieve individually. The discussed microgrids may be commercial…

Systems and Control · Electrical Eng. & Systems 2020-02-03 Amir Valibeygi , Raymond A de Callafon

Energy prices and net power injection limitations regulate the operations in distribution grids and typically ensure that operational constraints are met. Nevertheless, unexpected or prolonged abnormal events could undermine the grid's…

Systems and Control · Electrical Eng. & Systems 2024-03-29 Guido Cavraro , Joshua Comden , Andrey Bernstein

Traditionally, the electric distribution system operates with uniform energy prices across all system nodes. However, as the adoption of distributed energy resources (DERs) propels a shift from passive to active distribution network (ADN)…

Systems and Control · Electrical Eng. & Systems 2023-11-21 Xiaofei Wang , Fangxing Li , Linquan Bai , Xin Fang

The participation of renewable, energy storage, and resources with limited fuel inventory in electricity markets has created the need for optimal scheduling and pricing across multiple market intervals for resources with intertemporal…

Optimization and Control · Mathematics 2019-10-08 Jinye Zhao , Tongxin Zheng , Eugene Litvinov

With the increasing of electric vehicle (EV) adoption in recent years, the impact of EV charging activities to the power grid becomes more and more significant. In this article, an optimal scheduling algorithm which combines smart EV…

Optimization and Control · Mathematics 2017-03-16 Yingqi Xiong , Bin Wang , Chi-cheng Chu , Rajit Gadh

This paper presents a flexible and modular control scheme based on distributed model predictive control (DMPC) to achieve optimal operation of decentralized energy systems in smart grids. The proposed approach is used to coordinate multiple…

Optimization and Control · Mathematics 2015-08-05 Paul Stadler , Araz Ashouri , Francois Marechal

Microgrid (MG) is a promising component for future smart grid (SG) deployment. The balance of supply and demand of electric energy is one of the most important requirements of MG management. In this paper, we present a novel framework for…

Systems and Control · Computer Science 2013-01-04 Yingsong Huang , Shiwen Mao , R. M. Nelms

Over the past years, distributed energy resources (DER) have been the object of many studies, which recognise and establish their emerging role in the future of power systems. However, the implementation of many scenarios and mechanism are…

Systems and Control · Computer Science 2018-09-20 Jaysson Guerrero , Archie Chapman , Gregor Verbic

The smart grid vision entails advanced information technology and data analytics to enhance the efficiency, sustainability, and economics of the power grid infrastructure. Aligned to this end, modern statistical learning tools are leveraged…

Machine Learning · Statistics 2015-06-17 Vassilis Kekatos , Yu Zhang , Georgios B. Giannakis

Cooperating interconnected microgrids with the Distribution System Operation (DSO) can lead to an improvement in terms of operation and reliability. This paper investigates the optimal operation and scheduling of interconnected microgrids…

Optimization and Control · Mathematics 2018-03-12 Morteza Dabbaghjamanesh , Shahab Mehraeen , Abdollah Kavousi Fard , Farzad Ferdowsi

Regarding the variability of renewable energy sources (RESs), especially in the operation time periods, their high penetration faces the net load pattern of the power system with a major ramp rate challenge. Although employing a…

Systems and Control · Electrical Eng. & Systems 2020-12-15 Sarah Allahmoradi , Mohsen Parsa Moghaddam , Salah Bahramara , Pouria Sheikhahmadi

This paper considers two important problems -- on the supply-side and demand-side respectively and studies both in a unified framework. On the supply side, we study the problem of energy sharing among microgrids with the goal of maximizing…

Systems and Control · Electrical Eng. & Systems 2019-07-09 Diddigi Raghuram Bharadwaj , Sai Koti Reddy Danda , Krishnasuri Narayanam , Shalabh Bhatnagar