Related papers: Ex-post Stable and Fair Payoff Allocation for Rene…
This paper presents a method to handle renewable source and load uncertainties in Dynamic Day-ahead Optimal Power Flow (DA-OPF) using post-optimal analysis of linear programming problem. The method does not require the uncertainty…
Renewable power-to-ammonia (ReP2A) production offers a promising pathway to decarbonize the power, transport and, chemical sectors, yet its competitiveness remains limited by high costs and fragmented carbon-policy frameworks. In…
In future distribution grids, prosumers (i.e., energy consumers with storage and/or production capabilities) will trade energy with each other and with the main grid. To ensure an efficient and safe operation of energy trading, in this…
Mechanism design is a well-established game-theoretic paradigm for designing games to achieve desired outcomes. This paper addresses a closely related but distinct concept, equilibrium design. Unlike mechanism design, the designer's…
In this manuscript we continue the thread of [M. Chertkov, F. Pan, M. Stepanov, Predicting Failures in Power Grids: The Case of Static Overloads, IEEE Smart Grid 2011] and suggest a new algorithm discovering most probable extreme stochastic…
The stable allocation problem is a many-to-many generalization of the well-known stable marriage problem, where we seek a bipartite assignment between, say, jobs (of varying sizes) and machines (of varying capacities) that is "stable" based…
Reactive point processes (RPPs) are a new statistical model designed for predicting discrete events in time based on past history. RPPs were developed to handle an important problem within the domain of electrical grid reliability:…
The energetic flexibility of electric energy resources can be exploited when trading on wholesale energy and ancillary service markets. This paper considers the problem of a Balance Responsible Party to maximize its profit from trading on…
This note studies structural aspects concerning Optimal Positional Strategies (OPSs) in Mean Payoff Games (MPGs), it is a contribution to understanding the relationship between OPSs in MPGs and Small Energy-Progress Measures (SEPMs) in…
Uncertainty in renewable energy generation has the potential to adversely impact the operation of electric networks. Numerous approaches to manage this impact have been proposed, ranging from stochastic and chance-constrained programming to…
Ranking functions that are used in decision systems often produce disparate results for different populations because of bias in the underlying data. Addressing, and compensating for, these disparate outcomes is a critical problem for fair…
Securing an adequate supply of dispatchable resources is critical for keeping a power system reliable under high penetrations of variable generation. Traditional resource adequacy mechanisms are poorly suited to exploiting the growing…
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…
Researchers and practitioners in the field of reliability engineering and optimization frequently use active redundancy techniques to intensify the performance of systems. In this article, we study allocation strategies of non-matching…
Renewable power sources have low marginal pro-duction costs, but may result in high balancing costs due to the inherent production uncertainty. Current day-ahead markets elicit only point production profiles and neglect the degree of…
This paper, for the first time, proposes a joint electricity and data trading mechanism based on cooperative game theory. All prosumers first submit the parameters associated with both electricity and data to the market operator. The…
In this work, we propose distributed and networked energy management scenarios to optimize the production and reservation of energy among a set of distributed energy nodes. In other words, the idea is to optimally allocate the generated and…
In this paper, we propose a bilateral peer-to-peer (P2P) energy trading scheme for residential prosumers with a simplified entry to the market. We formulate the market as an assignment game, a special class of coalitional games. For solving…
With the increasing number of user equipment (UE) and data demands, denser access points (APs) are being employed. Resource allocation problems have been extensively researched with interference treated as noise. It is well understood that…
We propose two market designs for the optimal day-ahead scheduling of energy exchanges within renewable energy communities. The first one implements a cooperative demand side management scheme inside a community where members objectives are…