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The main contribution of the paper is to employ the financial market network as a useful tool to improve the portfolio selection process, where nodes indicate securities and edges capture the dependence structure of the system. Three…

Portfolio Management · Quantitative Finance 2019-01-15 Gian Paolo Clemente , Rosanna Grassi , Asmerilda Hitaj

The growing popularity of e-mobility, heat pumps, and renewable generation such as photovoltaics is leading to scenarios which the distribution grid was not originally designed for. Moreover, parts of the distribution grid are only sparsely…

Networking and Internet Architecture · Computer Science 2024-04-04 Simon Grafenhorst , Kevin Förderer , Veit Hagenmeyer

New generation electricity network called Smart Grid is a recently conceived vision for a cleaner, more efficient and cheaper electricity system. One of the major challenges of electricity network is that generation and consumption should…

Systems and Control · Computer Science 2016-08-02 Lorant Kovacs , Rajmund Drenyovszki , Andras Olah , Janos Levendovszky , Kalman Tornai , Istvan Pinter

We consider the problem of energy management in microgrid networks. A microgrid is capable of generating a limited amount of energy from a renewable resource and is responsible for handling the demands of its dedicated customers. Owing to…

In this paper a novel distributed control algorithm for current sharing and voltage regulation in Direct Current (DC) microgrids is proposed. The DC microgrid is composed of several Distributed Generation units (DGUs), including Buck…

Optimization and Control · Mathematics 2018-05-01 Michele Cucuzzella , Sebastian Trip , Claudio De Persis , Xiaodong Cheng , Antonella Ferrara , Arjan van der Schaft

This paper studies a crucial problem in power system balancing control, i.e., the multi-time slot economic dispatch (MTSED) problem, for power grids with substantial renewables, synchronous generators (SGs), and energy storage devices…

Systems and Control · Electrical Eng. & Systems 2023-10-11 Luwei Yang , Tao Liu , David J. Hill

Improving distribution grid reliability is a major challenge for planning and operation of distribution systems having a high share of distributed generators (DGs). The rise of DGs share can lead to unplanned contingencies while on the…

Systems and Control · Electrical Eng. & Systems 2020-04-23 Sohail Khan , Sawsan Henein , Helfried Brunner

This work considers energy management in a grid-connected microgrid which consists of multiple conventional generators (CGs), renewable generators (RGs) and energy storage systems (ESSs). A two-stage optimization approach is presented to…

Optimization and Control · Mathematics 2016-03-21 Wuhua Hu , Ping Wang , Hoay Beng Gooi

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

As more and more renewable intermittent generations are being connected to the distribution grid, the grid operators require more flexibility to maintain the balance between supply and demand. The intermittencies give rise to situations…

Systems and Control · Electrical Eng. & Systems 2021-08-10 Ankur Majumdar , Omid Alizadeh-Mousavi

The emerging paradigm of interconnected microgrids advocates energy trading or sharing among multiple microgrids. It helps make full use of the temporal availability of energy and diversity in operational costs when meeting various energy…

Systems and Control · Electrical Eng. & Systems 2020-06-12 Dafeng Zhu , Bo Yang , Qi Liu , Kai Ma , Shanying Zhu , Xinping Guan

Electricity distribution networks (DNs) in many regions are increasingly subjected to disruptions caused by tropical storms. Distributed Energy Resources (DERs) can act as temporary supply sources to sustain "microgrids" resulting from…

Computational Engineering, Finance, and Science · Computer Science 2018-10-05 Derek Chang , Devendra Shelar , Saurabh Amin

Microgrids are being increasing deployed to improve the operational flexibility, resilience, coordinated-energy management capabilities, self-adequacy, and increased reliability of power systems. This strong market growth is also driven by…

Systems and Control · Electrical Eng. & Systems 2020-03-03 Sakshi Mishra , Kate Anderson , Brian Miller , Kyle Boyer , Adam Warren

One of the most important challenges facing an electric grid is to incorporate renewables and distributed energy resources (DERs) to the grid. Because of the associated uncertainties in power generations and peak power demands,…

Optimization and Control · Mathematics 2016-04-15 Mayank Baranwal , Srinivasa M. Salapaka

The aim of distribution networks is to meet their local area power demand with maximum reliability. As the electricity consumption tends to increase every year, limited line thermal capacity can lead to network congestion. Continuous…

Systems and Control · Electrical Eng. & Systems 2023-08-07 Rida Fatima , Hassan Zahid Butt , Xingpeng Li

Power generation in Germany is currently transitioning from a system based on large, central, thermal power plants to one that heavily relies on small, decentral, mostly renewable power generators. This development poses the question how…

Applied Physics · Physics 2017-04-24 Sabine Auer , Florian Steinke , Wang Chunsen , Andrei Szabo , Rudolf Sollacher

The large-scale integration of renewable generation directly affects the reliability of power grids. We investigate the problem of power balancing in a general renewable-integrated power grid with storage and flexible loads. We consider a…

Systems and Control · Computer Science 2016-06-06 Sun Sun , Min Dong , Ben Liang

Smart devices, storage and other distributed technologies have the potential to greatly improve the utilisation of network infrastructure and renewable generation. Decentralised control of these technologies overcomes many scalability and…

Optimization and Control · Mathematics 2024-10-30 Paul Scott , Sylvie Thiébaux

In the wake of the highly electrified future ahead of us, the role of energy storage is crucial wherever distributed generation is abundant, such as in microgrid settings. Given the variety of storage options that are becoming more and more…

Machine Learning · Computer Science 2021-03-26 S. Tsianikas , N. Yousefi , J. Zhou , M. Rodgers , D. W. Coit

Urban energy systems face increasing challenges due to high penetration of renewable energy sources, extreme weather events, and other high-impact, low-probability disruptions. This project proposes a community-centered, open-access…

Systems and Control · Electrical Eng. & Systems 2026-02-11 Arya Abdollahi
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