Related papers: Microgrid Value of Ramping
This paper addresses the challenges of high-impact low-probability (HILP) events by proposing a novel capacity reserve event market for mobile generation assets, aimed at supporting the transmission network during such incidents. Despite…
The new technologies emerging in the energy sector pose new requirements for both the regulation and operation of the electricity grid. Revised tariff structures and the introduction of local markets are two approaches that could tackle the…
As an environment-friendly substitute for conventional fuel-powered vehicles, electric vehicles (EVs) and their components have been widely developed and deployed worldwide. The large-scale integration of EVs into power grid brings both…
In this paper, a distributed convex optimization framework is developed for energy trading between islanded microgrids. More specifically, the problem consists of several islanded microgrids that exchange energy flows by means of an…
The Smart Grid is not just about the digitalization of the Power Grid. In its more visionary acceptation, it is a model of energy management in which the users are engaged in producing energy as well as consuming it, while having…
With the integration of renewable sources in electricity distribution networks, the need to develop intelligent mechanisms for balancing the energy market has arisen. In the absence of such mechanisms, the energy market may face imbalances…
Uncertainty levels in forecasting of renewable generation and demand are known to affect the amount of reserve required to operate the power grid with a given level of reliability. In this paper, we quantify the effects on the system…
This paper considers automatic generation control over an information-sharing network of communicating generators as a multi-agent system. The optimization solution is distributed among the agents based on information consensus algorithms,…
The energy transition entails a rapid uptake of renewable energy sources. Besides physical changes within the grid infrastructure, energy storage devices and their smart operation are key measures to master the resulting challenges like,…
In recent years, there has been significant growth of distributed energy resources (DERs) penetration in the power grid. The stochastic and intermittent features of variable DERs such as roof top photovoltaic (PV) bring substantial…
This work studies synergies arising from combining industrial demand response and local renewable electricity supply. To this end, we optimize the design of a local electricity generation and storage system with an integrated demand…
Though considerable effort has been devoted to exploiting generation-side and demand-side operational flexibility in order to cope with uncertain renewable generations, grid-side operational flexibility has not been fully investigated. In…
Advances in microgrids powered by Distributed Energy Resources (DERs) make them an attractive response capability for improving the resilience of electricity distribution networks (DNs). This paper presents an approach to evaluate the value…
The cost of the power distribution infrastructures is driven by the peak power encountered in the system. Therefore, the distribution network operators consider billing consumers behind a common transformer in the function of their peak…
This letter introduces a method to manage energy storage in electricity grids. Starting from the stochastic characterization of electricity generation and demand, we propose an equation that relates the storage level for every time-step as…
Proper modeling of inverter-based microgrids is crucial for accurate assessment of stability boundaries. It has been recently realized that the stability conditions for such microgrids are significantly different from those known for large-…
This study aims to develop a cost-effective microgrid design that optimally balances the economic feasibility, reliability, efficiency, and environmental impact in a grid-tied community microgrid. A multi-objective optimization framework is…
Electric power generation, transmission, and distribution systems are attracting a large amount of interest from researchers with the development of the smart grid technologies. A smart grid aims at effective control and conditioning of the…
Inverter-based microgrids are an important technology for sustainable electrical power systems and typically use droop-controlled grid-forming inverters to interface distributed energy resources to the network and control the voltage and…
Flexible load at the demand-side has been regarded as an effective measure to cope with volatile distributed renewable generations. To unlock the demand-side flexibility, this paper proposes a peer-to-peer energy sharing mechanism that…