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We investigate the problem of characterizing the economic value of energy storage capacity to a wind power producer (WPP) that sells its energy in a conventional two-settlement electricity market. The WPP can offer a forward contract to…

Optimization and Control · Mathematics 2018-10-01 Eilyan Bitar , Pramod Khargonekar , Kameshwar Poolla

Prospective power supply systems based on Renewable Energy Sources require measures to balance power generation and load at all times. The utilisation of storage devices and backup power plants is widely suggested for this purpose, whereas…

Physics and Society · Physics 2016-09-22 Stefan Weitemeyer , David Kleinhans , Lars Siemer , Carsten Agert

The innovative use of cellular operator energy storage enhances smart grid resilience and efficiency. Traditionally used to ensure uninterrupted operation of cellular base stations (BSs) during grid outages, these storages can now…

Systems and Control · Electrical Eng. & Systems 2024-10-07 Narges Gholipoor , Farid Hamzeh Aghdam , Mehdi Rasti

We analyze how both traditional data center integration and dispatchable load integration affect power grid efficiency. We use detailed network models, parallel optimization solvers, and thousands of renewable generation scenarios to…

Optimization and Control · Mathematics 2016-06-02 Kibaek Kim , Fan Yang , Victor M. Zavala , Andrew A. Chien

Advanced nuclear fission, which encompasses various innovative nuclear reactor designs, could contribute to the decarbonization of the United States electricity sector. However, little is known about how cost-competitive these reactors…

Physics and Society · Physics 2025-06-26 Emilio Cano Renteria , Jacob A. Schwartz , Jesse D. Jenkins

Reducing our reliance on carbon-intensive energy sources is vital for reducing the carbon footprint of the electric grid. Although the grid is seeing increasing deployments of clean, renewable sources of energy, a significant portion of the…

Systems and Control · Electrical Eng. & Systems 2020-05-26 Rishikesh Jha , Stephen Lee , Srinivasan Iyengar , Mohammad H. Hajiesmaili , David Irwin , Prashant Shenoy

Large scale electricity storage is set to play an increasingly important role in the management of future energy networks. A major aspect of the economics of such projects is captured in arbitrage, i.e. buying electricity when it is cheap…

Optimization and Control · Mathematics 2015-05-25 James Cruise , Lisa Flatley , Richard Gibbens , Stan Zachary

As the availability of weather-dependent, zero marginal cost resources such as wind and solar power increases, a variety of flexible electricity loads, or `demand sinks', could be deployed to use intermittently available low-cost…

Systems and Control · Electrical Eng. & Systems 2023-11-09 Sam van der Jagt , Neha Patankar , Jesse Jenkins

Deep decarbonization of the electricity sector can be provided by a high penetration of renewable sources such as wind, solar PV and hydro power. Flexibility from hydro and storage complements the high temporal variability of wind and…

Physics and Society · Physics 2019-02-18 Hailiang Liu , Tom Brown , Gorm Bruun Andresen , David P. Schlachtberger , Martin Greiner

Phase balancing is essential to safe power system operation. We consider a substation connected to multiple phases, each with single-phase loads, generation, and energy storage. A representative of the substation operates the system and…

Optimization and Control · Mathematics 2015-11-30 Sun Sun , Ben Liang , Min Dong , Joshua A. Taylor

Existing modeling approaches for long-duration energy storage (LDES) are often based either on an oversimplified representation of power system operations or limited representation of storage technologies, e.g., evaluation of only a single…

Systems and Control · Electrical Eng. & Systems 2024-01-31 Omar J. Guerra , Sourabh Dalvi , Amogh A. Thatte , Brady Cowiestoll , Jennie Jorgenson , Bri-Mathias Hodge

To reduce greenhouse gas emissions, many countries plan to massively expand wind power and solar photovoltaic capacities. These variable renewable energy sources require additional flexibility in the power sector. Both geographical…

General Economics · Economics 2023-07-13 Alexander Roth , Wolf-Peter Schill

Decarbonization of the electricity sector is one of the major measures in slowing down the pace of climate change. In this paper, we analyze the impacts of energy storage systems (ESS) and interannual uncertainty of variable renewable…

Systems and Control · Electrical Eng. & Systems 2020-05-06 Mehdi Jafari , Magnus Korpas , Audun Botterud

The synthesis of methanol from captured carbon dioxide and green hydrogen could be a promising replacement for the current fossil-based production. The major energy input and cost driver for such a process is the electricity for hydrogen…

Optimization and Control · Mathematics 2023-05-31 Simone Mucci , Alexander Mitsos , Dominik Bongartz

The preventative strategies for $N-1$ network security dominant in European networks mean that network capacity is kept free in case a line fails. If instead fast corrective actions are used to overcome network overloading when single lines…

Systems and Control · Electrical Eng. & Systems 2022-05-17 Amin Shokri Gazafroudi , Elisabeth Zeyen , Martha Frysztacki , Fabian Neumann , Tom Brown

The power networks are evolving with increased active components such as energy storage and flexibility derived from loads such as electric vehicles, heat pumps, industrial processes, etc. Better models are needed to accurately represent…

Systems and Control · Electrical Eng. & Systems 2024-09-13 Md Umar Hashmi , Dirk Van Hertem , Aleen van der Meer , Andrew Keane

Energy storage is needed to enable dispatchable renewable energy supply and thereby full decarbonization of the grid. However, this can only occur with drastic cost reductions compared to current battery technology, with predicted targets…

Applied Physics · Physics 2021-08-30 Colin C. Kelsall , Kyle Buznitsky , Asegun Henry

Future greenhouse gas neutral energy systems will be dominated by renewable energy technologies providing variable supply subject to uncertain weather conditions. For this setting, we propose an algorithm for capacity expansion planning: We…

Optimization and Control · Mathematics 2026-03-02 Sebastian Kebrich , Felix Engelhardt , David Franzmann , Christina Büsing , Jochen Linßen , Heidi Heinrichs

The ongoing energy transition is significantly increasing the share of renewable energy sources (RES) in power systems; however, their intermittency and variability pose substantial challenges, including load shedding and system congestion.…

Systems and Control · Electrical Eng. & Systems 2025-08-19 Seyed Ehsan Ahmadi , Elnaz Kabir , Mohammad Fattahi , Mousa Marzband , Dongjun Li

In recent years, energy harvesting has taken a considerable attention in wireless communication research. Nonetheless, the stochastic nature of renewable energy sources has become one of the research problems, and energy storage has been…

Information Theory · Computer Science 2020-12-14 Sami Akın