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Energy storage can facilitate the integration of renewable energy resources by providing arbitrage and ancillary services. Jointly optimizing energy and ancillary services in a centralized electricity market reduces the system's operating…

This paper studies the problem of stochastic dynamic pricing and energy management policy for electric vehicle (EV) charging service providers. In the presence of renewable energy integration and energy storage system, EV charging service…

Signal Processing · Electrical Eng. & Systems 2018-01-09 Chao Luo , Yih-Fang Huang , Vijay Gupta

We analyze the potential benefits that energy storage systems (ESS) can bring to distribution networks in terms of cost, stability and flexibility. We propose an optimization model for the optimal sizing, siting, and operation of storage…

Systems and Control · Electrical Eng. & Systems 2024-05-28 Sahar Moghimian Hoosh , Henni Ouerdane , Vladimir Terzija , David Pozo

Recently, the volatility associated with marginal prices has increased due to large scale integration of renewable generation. Price volatility is undesirable from a consumer perspective. To address this issue, we present a framework for…

Optimization and Control · Mathematics 2018-12-11 Shantanu Chakraborty , Kyri Baker , Milos Cvetkovic , Remco Verzijlbergh , Zofia Lukszo

This dissertation is to study the interplay between large-scale electric vehicle (EV) charging and the power system. We address three important issues pertaining to EV charging and integration into the power system: (1) charging station…

Econometrics · Economics 2018-08-20 Chao Luo

Decentralized energy management is of paramount importance in smart microgrids with renewables for various reasons including environmental friendliness, reduced communication overhead, and resilience to failures. In this context, the…

Optimization and Control · Mathematics 2014-01-24 Yu Zhang , Georgios B. Giannakis

Energy storage systems (ESSs) are essential components of the future smart grids with high penetration of renewable energy sources. However, deploying individual ESSs for all energy consumers, especially in large systems, may not be…

Systems and Control · Computer Science 2017-06-05 Katayoun Rahbar , Mohammad R. Vedady Moghadam , Sanjib Kumar Panda

Electric vehicle (EV) charging stations have experienced rapid growth, whose impacts on the power grid have become non-negligible. Though charging stations can install energy storage to reduce their impacts on the grid, the conventional…

Systems and Control · Electrical Eng. & Systems 2023-03-21 Dongxiang Yan , Yue Chen

In order to foster renewable energy integration, improve power quality and reliability, and reduce hydrocarbon emissions, there is a strong need to deploy energy storage systems (ESSs), which can provide a control medium for peak hour…

Optimization and Control · Mathematics 2016-11-17 Islam Safak Bayram , Mohamed Abdallah , Ali Tajer , Khalid Qaraqe

Battery Energy Storage Systems (BESS) can mitigate effects of intermittent energy production from renewable energy sources and play a critical role in peak shaving and demand charge management. To optimally size the BESS from an economic…

Optimization and Control · Mathematics 2017-03-01 Abdulelah H Habib , Vahid R. Disfani , Jan Kleissl , Raymond de Callafon

This paper proposes a novel framework to price energy storage in economic dispatch with a social welfare maximization objective. This framework can be utilized by power system operators to generate default bids for storage or to benchmark…

Systems and Control · Electrical Eng. & Systems 2026-05-08 Ning Qi , Ningkun Zheng , Bolun Xu

Wind energy has been increasingly adopted to mitigate climate change. However, the variability of wind energy causes wind curtailment, resulting in considerable economic losses for wind farm owners. Wind curtailment can be reduced using…

Systems and Control · Electrical Eng. & Systems 2023-08-29 Jinhao Li , Changlong Wang , Hao Wang

A real-coded genetic algorithm is used to schedule the charging of an energy storage system (ESS), operated in tandem with renewable power by an electricity consumer who is subject to time-of-use pricing and a demand charge. Simulations…

Neural and Evolutionary Computing · Computer Science 2014-07-14 Yourim Yoon , Yong-Hyuk Kim

The increasing penetration of renewable energy necessitates improved power system flexibility, driving the deployment of independent energy storage operators (ESOs). Existing research extensively investigates capacity sizing for price-taker…

Theoretical Economics · Economics 2026-05-19 Lizhong Zhang , Junqi Liu , Jianxiao Wang , Lei Zhu

Renewable energy sources (RES) has gained significant interest in recent years. However, due to favourable weather conditions, the RES is installed in remote locations with limited transmission capacity. As a result, it can lead to major…

Networking and Internet Architecture · Computer Science 2021-03-25 Arun Venkatesh Ramesh , Xingpeng Li

Electrochemical energy storage (ES) units (e.g. batteries) have been field-validated as an efficient back-up resource that enhance resilience of the distribution system in case of natural disasters. However, using these units for resilience…

Signal Processing · Electrical Eng. & Systems 2018-03-06 Jip Kim , Yury Dvorkin

Due to its reduced communication overhead and robustness to failures, distributed energy management is of paramount importance in smart grids, especially in microgrids, which feature distributed generation (DG) and distributed storage (DS).…

Optimization and Control · Mathematics 2015-03-20 Yu Zhang , Nikolaos Gatsis , Georgios B. Giannakis

Incorporating Renewable Energy Sources (RES) incurs a high level of uncertainties to electric power systems. This level of uncertainties makes the conventional energy management methods inefficient and jeopardizes the security of…

Optimization and Control · Mathematics 2019-10-17 Mohammad Rasoul Narimani , Ali Azizivahed , Ehsan Naderi

In this paper, we propose a data-driven energy storage system (ESS)-based method to enhance the online small-signal stability monitoring of power networks with high penetration of intermittent wind power. To accurately estimate inter-area…

Systems and Control · Electrical Eng. & Systems 2021-02-23 Ilias Zenelis , Georgia Pierrou , Xiaozhe Wang

In this study, an optimization problem is proposed in order to obtain the maximum economic benefit from wind farms with variable and intermittent energy generation in the day ahead and balancing electricity markets. This method, which is…

Econometrics · Economics 2018-06-15 Akın Taşcikaraoğlu , Ozan Erdinç
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