Related papers: Capacity Value of Interconnection Between Two Syst…
The capacity market, a marketplace to exchange available generation capacity for electricity production, provides a major revenue stream for generators and is adopted in several U.S. regions. A subject of ongoing debate, the capacity market…
A fundamental problem in the study of complex networks is to provide quantitative measures of correlation and information flow between different parts of a system. To this end, several notions of communicability have been introduced and…
Reliability Options are capacity remuneration mechanisms aimed at enhancing security of supply in electricity systems. They can be framed as call options on electricity sold by power producers to System Operators. This paper provides a…
The coordinated operation of interconnected but locally controlled electricity markets is generally referred to as a "coupling". In this paper we propose a new mechanism design for efficient coupling of independent electricity markets. The…
Expanding transmission capacity is likely a bottleneck that will restrict variable renewable energy (VRE) deployment required to achieve ambitious emission reduction goals. Interconnection and inter-zonal transmission buildout may be…
We develop a methodology for analyzing the percolation phenomena of two mutually coupled (interdependent) networks based on the cavity method of statistical mechanics. In particular, we take into account the influence of degree-degree…
This paper shows that a well designed transport system has an embedded exchange value by serving as a market for potential exchange between consumers. Under suitable conditions, one can improve the welfare of consumers in the system simply…
Vehicular networks will play an important role in enhancing road safety, improving transportation efficiency, and providing seamless Internet service for users on the road. Reaping the benefit of vehicular networks is contingent upon…
We study the system-level effects of the introduction of large populations of Electric Vehicles on the power and transportation networks. We assume that each EV owner solves a decision problem to pick a cost-minimizing charge and travel…
Transport infrastructure systems operate in, and are shaped by, the specific context in which they are expected to perform and contribute to the system-of-systems that support civilised life; they must strive to be sustainable and…
Transport processes on spatial networks are representative of a broad class of real world systems which, rather than being independent, are typically interdependent. We propose a measure of utility to capture key features that arise when…
The increasing transmission capacity needs in a future energy system raise the question how associated costs should be allocated to the users of a strengthened power grid. In contrast to straightforward oversimplified methods, a flow…
A new system model reflecting the clustered structure of distributed storage is suggested to investigate interplay between storage overhead and repair bandwidth as storage node failures occur. Large data centers with multiple racks/disks or…
Capacitors are typically connected together in one of two configurations: either in series, or in parallel. Here we study a capacitor-within-capacitor (CWC). Simulations and experiments indicate that the overall capacitance of the…
The growing integration of renewable energy sources necessitates adequate reserve capacity to maintain power balance. However, in market clearing, power companies with flexible resources may submit strategic bids to maximize profits,…
Classical communication capacity of a channel can be enhanced either through a device called a 'quantum switch' or by putting the channel in a quantum superposition. The gains in the two cases, although different, have their origin in the…
We introduce a mathematical theory called market connectivity that gives concrete ways to both measure the efficiency of markets and find inefficiencies in large markets. The theory leads to new methods for testing the famous efficient…
This paper studies the capacity of the quantum switch for two decoherence models: when link-level entanglements last (i) for a time slot, or (ii) until they are used to serve a request (i.e., there is no decoherence). The two models are…
The integration of renewable generation poses operational and economic challenges for the electricity grid. For the core problem of power balance, the legacy paradigm of tailoring supply to follow random demand may be inappropriate under…
To address the issue that Lagrangian dual function based algorithms cannot guarantee convergence and global optimality for decentralized multi-area security constrained unit commitment (M-SCUC) problems, a novel decomposition and…