Related papers: Day-ahead Trading of Aggregated Energy Flexibility…
The rising share of volatile renewable generation increases the demand for flexibility in the electricity grid. Flexible capacity can be offered by industrial energy systems through participation on either the continuous intraday,…
Bidding flexibility in day-ahead and intraday auctions would enable decentralized flexible resources, such as electric vehicles and heat pumps, to efficiently align their consumption with the intermittent generation of renewable energy.…
With the increasing penetration of intermittent renewable energy sources (RESs), it becomes increasingly challenging to maintain the supply-demand balance of power systems by solely relying on the generation side. To combat the volatility…
Increased electrification of energy end-usage can lead to network congestion during periods of high consumption. Flexibility of loads, such as aggregate smart charging of Electric Vehicles (EVs), is increasingly leveraged to manage grid…
Decarbonisation, decentralisation, and intermittency are driving the development of flexibility markets towards shorter market time units (MTU). Shorter MTUs and shorter gate closures lower the entrance barriers of demand side aggregators…
The participation of electric vehicle (EV) aggregators in real-time electricity markets offers promising revenue opportunities through price-responsive energy arbitrage. A central challenge in economic bidding lies in quantifying the…
As an essential measure to combat global warming, electric vehicles (EVs) have witnessed rapid growth. Flexible EVs can enhance power systems' ability to handle renewable generation uncertainties. How EV flexibility can be utilized in power…
Electric vehicle (EV) fleets are expected to become an increasingly important source of flexibility for power system operations. However, accurately capturing the flexibility potential of numerous and heterogeneous EVs remains a significant…
Industrial electricity consumers with flexible demand can profit by adjusting their load to short-term prices and by providing balancing services to the grid. Markets which support this kind of short-term position adjustment are the…
As the share of variable renewable energy sources increases in the electricity mix, new solutions are needed to build a flexible and reliable grid. Energy arbitrage with battery storage systems supports renewable energy integration into the…
Electricity market mechanisms designed to steer sustainable generation of electricity play an important role for the energy transition intended to mitigate climate change. One of the major problems is to complement volatile renewable energy…
Managing and unlocking the flexibility hidden in electric vehicles (EVs) has emerged as a critical yet challenging task towards low-carbon power and energy systems. This paper focuses on the online bidding and dispatch strategies for an EV…
A variety of energy resources has been identified as being flexible in their electric energy consumption or generation. This energetic flexibility can be used for various purposes such as minimizing energy procurement costs or providing…
A coordinated trading process is proposed as a design for an electricity market with significant uncertainty, perhaps from renewables. In this process, groups of agents propose to the system operator (SO) a contingent buy and sell trade…
There is an intrinsic value in higher integration of multi-carrier energy systems (especially gas and electricity), to increase operational flexibility in the electricity system and to improve allocation of resources in gas and electricity…
The presence of variable renewable energy resources with uncertain outputs in day-ahead electricity markets results in additional balancing needs in real-time. Addressing those needs cost-effectively and reliably within a competitive market…
Electric vehicles (EVs) are becoming more popular within the United States, making up an increasingly large portion of the US's electricity consumption. Hence, there is much attention has been directed on how to manage EVs within the power…
Aggregation is crucial to the effective use of flexibility, especially in the case of electric vehicles (EVs) because of their limited individual battery sizes and large aggregate impact. This research proposes a novel method to quantify…
Due to the increasing concern for greenhouse gas emissions and fossil fuel security, electric vehicles (EVs) have attracted much attention in recent years. EVs can aggregate together constituting the vehicle-to-grid system. Coordination of…
The global race to artificial intelligence competitive advantage is challenging electricity grids by demanding growing data center capacity. Addressing this challenge requires synergistic operational strategies that integrate data centers…