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Keeping the balance between electricity generation and consumption is becoming increasingly challenging and costly, mainly due to the rising share of renewables, electric vehicles and heat pumps and electrification of industrial processes.…

Systems and Control · Electrical Eng. & Systems 2024-10-07 Jonas Van Gompel , Bert Claessens , Chris Develder

Time-series forecasting plays an important role in many domains. Boosted by the advances in Deep Learning algorithms, it has for instance been used to predict wind power for eolic energy production, stock market fluctuations, or motor…

Machine Learning · Computer Science 2021-07-23 Luis P. Silvestrin , Leonardos Pantiskas , Mark Hoogendoorn

Renewable electricity generation has grown significantly across many European power systems, leading to a greener energy mix, but also additional complexity in balancing electricity supply and demand. Unexpected differences between…

Systems and Control · Electrical Eng. & Systems 2026-05-19 Arnaud Verstraeten , Maria Margarida Mascarenhas , Hussain Kazmi

The exponential growth of renewable energy capacity has brought much uncertainty to electricity prices and to electricity generation. To address this challenge, the energy exchanges have been developing further trading possibilities,…

Statistical Finance · Quantitative Finance 2022-05-24 Michał Narajewski

With increasing penetration of variable renewable energy sources (vRES) and a higher rate of electrification in the society, there will be future challenges in maintaining a continuous balance between electricity supply and demand. To…

Systems and Control · Electrical Eng. & Systems 2022-07-12 Henrik Nordström , Lennart Söder , Robert Eriksson

The reliability of local power grid infrastructure is challenged by sustainable energy developments increasing electric load uncertainty. Transmission System Operators (TSOs) need load forecasts of higher spatial resolution, extending…

Transmission System Operators (TSOs) rely on balancing energy provided by Balancing Service Providers (BSPs) to maintain the supply-demand balance in real time. Balance Responsible Parties (BRPs) can simultaneously deviate from their…

Systems and Control · Electrical Eng. & Systems 2025-05-21 Seyed Soroush Karimi Madahi , Kenneth Bruninx , Bert Claessens , Chris Develder

Energy system models require a large amount of technical and economic data, the quality of which significantly influences the reliability of the results. Some of the variables on the important data source ENTSO-E transparency platform, such…

General Economics · Economics 2023-02-23 Thomas Möbius , Mira Watermeyer , Oliver Grothe , Felix Müsgens

This paper examines the relationship between system imbalance and several explanatory variables within the French electricity system. The factors considered include lagged imbalance values, observations of renewable energy sources (RES)…

Systems and Control · Electrical Eng. & Systems 2025-07-14 Jonathan Dumas , Sébastien Finet , Nathalie Grisey , Ibtissam Hamdane , Paul Plessiez

Recent developments related to the energy transition pose particular challenges for distribution grids. Hence, precise load forecasts become more and more important for effective grid management. Novel modeling approaches such as the…

Machine Learning · Computer Science 2023-05-19 Elena Giacomazzi , Felix Haag , Konstantin Hopf

In modern power systems, the operating point, at which the demand and supply are balanced, may take different values due to changes in loads and renewable generation levels. Understanding the dynamics of stressed power systems with a range…

Systems and Control · Computer Science 2017-10-31 Thanh Long Vu , Hung Dinh Nguyen , Alexandre Megretski , Jean-Jacques Slotine , Konstantin Turitsyn

The growing reliance on renewable energy sources, particularly solar and wind, has introduced challenges due to their uncontrollable production. This complicates maintaining the electrical grid balance, prompting some transmission system…

Systems and Control · Electrical Eng. & Systems 2025-04-18 Fabio Pavirani , Jonas Van Gompel , Seyed Soroush Karimi Madahi , Bert Claessens , Chris Develder

Single imbalance pricing provides an incentive to balance responsible parties (BRPs) to intentionally introduce power schedule deviations in order to reduce the control area imbalance and receive a remuneration through the imbalance…

Systems and Control · Electrical Eng. & Systems 2025-03-27 Johannes Lips , Boyana Georgieva , Dominik Schlipf , Hendrik Lens

With the expansion of renewables in the electricity mix, power grid variability will increase, hence a need to robustify the system to guarantee its security. Therefore, Transport System Operators (TSOs) must conduct analyses to simulate…

Machine Learning · Computer Science 2023-09-28 Nathan Weill , Jonathan Dumas

Fluctuating wind energy makes a stable grid operation challenging. Due to the direct contact with atmospheric turbulence, intermittent short-term variations in the wind speed are converted to power fluctuations that cause transient…

Data Analysis, Statistics and Probability · Physics 2018-03-29 Hauke Haehne , Jannik Schottler , Matthias Waechter , Joachim Peinke , Oliver Kamps

Ensuring the frequency stability of electric grids with increasing renewable resources is a key problem in power system operations. In recent years, a number of advanced controllers have been designed to optimize frequency control. These…

Systems and Control · Electrical Eng. & Systems 2023-05-23 Wenqi Cui , Guanya Shi , Yuanyuan Shi , Baosen Zhang

The grid integration of intermittent Renewable Energy Sources (RES) causes costs for grid operators due to forecast uncertainty and the resulting production schedule mismatches. These so-called profile service costs are marginal cost…

General Finance · Quantitative Finance 2014-07-29 Jonas Müller , Marcus Hildmann , Andreas Ulbig , Göran Andersson

This paper proposes a real-time distributed operational architecture to efficiently coordinate intergrated transmission and distribution systems (ITD). At the distribution system level, the distribution system operator (DSO) computes the…

Optimization and Control · Mathematics 2024-07-08 Xinliang Dai , Yi Guo , Yuning Jiang , Colin N. Jones , Gabriela Hug , Veit Hagenmeyer

Keeping the power system stable is becoming more challenging with the growing share of renewable energy sources of low or negligible inertia. Inertia constants for individual power plants are generally not known and are roughly estimated by…

Systems and Control · Electrical Eng. & Systems 2022-10-10 David Kraljic , Blaz Sobocan , Jernej Katanec , Matej Logar , Miha Troha

Power demand forecasting is a critical task for achieving efficiency and reliability in power grid operation. Accurate forecasting allows grid operators to better maintain the balance of supply and demand as well as to optimize operational…

Other Computer Science · Computer Science 2019-04-30 Yao Cheng , Chang Xu , Daisuke Mashima , Vrizlynn L. L. Thing , Yongdong Wu
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