Related papers: Market based embedded Real Time Operation for Dist…
Community microgrids are developed within existing power systems by integrating local distributed energy resources (DERs). So power distribution systems can be seamlessly partitioned into community microgrids and end-users could be largely…
Electrical Distribution Systems are extensively penetrated with Distributed Energy Resources (DERs) to cater the energy demands with the general perception that it enhances the system's resilience. However, integration of DERs may adversely…
In this paper, we study how datacenter energy cost can be effectively reduced in the wholesale electricity market via cooperative power procurement. Intuitively, by aggregating workloads and renewables across a group of datacenters, the…
Local electricity markets offer a promising solution for integrating renewable energy sources and other distributed energy resources (DERs) into distribution networks. These markets enable the effective utilization of flexible resources by…
This paper proposes a Real-Time Market (RTM) platform for an aggregator and its corresponding prosumers to participate in the electricity wholesale market. The proposed energy market platform is modeled as a bilevel optimization problem…
A real-time optimal dispatch method for unbundle electricity markets is proposed in this paper. With this method, pool energy auction market, ancillary services market, and bilateral contract market can be coordinated by the ISO through a…
Optimizing pump operations is a challenging task for real-time management of water distribution systems (WDSs). With suitable pump scheduling, pumping costs can be significantly reduced. In this research, a novel economic model predictive…
In this paper, we consider a future electricity market consisting of aggregated energy prosumers, who are equipped with local wind power plants (WPPs) to support (part of) their energy demands and can also trade energy with day-ahead market…
Distributed energy resources (DERs) such as responsive loads and energy storage systems are valuable resources available to grid operators for balancing supply-demand mismatches via load coordination. However, consumer acceptance of load…
Large, spatially flexible electricity consumers such as data centers can reallocate demand across locations, influencing dispatch and prices in wholesale electricity markets. While flexible load is often assumed to improve system…
With the large number of prosumers deploying distributed energy resources (DERs), integrating these prosumers into a transactive energy market (TEM) is a trend for the future smart grid. A community-based double auction market is considered…
The deployment of distributed energy resource (DER) devices plays a critical role in distribution grids, offering multiple value streams, including decarbonization, provision of ancillary services, non-wire alternatives, and enhanced grid…
In this paper, we propose a distributed control strategy for the design of an energy market. The method relies on a hierarchical structure of aggregators for the coordination of prosumers (agents which can produce and consume energy). The…
Accurate power forecasting from renewable energy sources (RES) is crucial for integrating additional RES capacity into the power system and realizing sustainability goals. This work emphasizes the importance of integrating decentralized…
This paper proposes an agent-based model that combines both spot and balancing electricity markets. From this model, we develop a multi-agent simulation to study the integration of the consumers' flexibility into the system. Our study…
In this paper, a distribution system operator (DSO) framework is proposed for comprehensive retail and wholesale markets participation of distributed energy resource (DER) aggregators under uncertainty based on two-stage stochastic…
In this paper, the distributed resource allocation optimization problem is investigated. The allocation decisions are made to minimize the sum of all the agents' local objective functions while satisfying both the global network resource…
Distributed energy resources (DERs) such as rooftop solar, battery storage, and demand response offer substantial potential for power system reliability, yet integrating them into resource adequacy (RA) frameworks as firm capacity…
This paper presents a sensitivity-based approach for the placement of distributed energy resources (DERs) in power systems. The approach is based on the fact that most planning studies utilize some form of optimization, and solutions to…
An increasing share of energy is produced from renewable sources by many small producers. The efficiency of those sources is volatile and, to some extent, random, exacerbating the problem of energy market balancing. In many countries, this…