Related papers: Virtual Energy Storage Sharing and Capacity Alloca…
This paper presents an integrated model for bidding energy storage in day-ahead and real-time markets to maximize profits. We show that in integrated two-stage bidding, the real-time bids are independent of day-ahead settlements, while the…
Currently, many businesses are using cloud computing to obtain an entire IT infrastructure remotely while delegating its management to a third party. The provider of this architecture ensures the operation and maintenance of the services…
As the penetration level of transmission-scale time-intermittent renewable generation resources increases, control of flexible resources will become important to mitigating the fluctuations due to these new renewable resources. Flexible…
The advent of distributed energy resources (DERs), such as distributed renewables, energy storage, electric vehicles, and controllable loads, \rv{brings} a significantly disruptive and transformational impact on the centralized power…
The multi-energy management framework of industrial parks advocates energy conversion and scheduling, which takes full advantage of the compensation and temporal availability of multiple energy. However, how to exploit elastic loads and…
We characterize profit-maximizing operating strategies, over some time horizon [0,T], for an energy store which is trading in an arbitrage market. Our theory allows for leakage, operating inefficiencies, operating constraints and general…
This paper presents a methodology for optimizing the planning and scheduling aspects of a community energy storage (CES) system in the presence of solar photovoltaic (SPV) power in low voltage (LV) distribution networks. To this end, we…
Electricity prices and the end user net load vary with time. Electricity consumers equipped with energy storage devices can perform energy arbitrage, i.e., buy when energy is cheap or when there is a deficit of energy, and sell it when it…
Within the context of renewable energy communities, this paper focuses on optimal operation of producers equipped with energy storage systems in the presence of demand response. A novel strategy for optimal scheduling of the storage systems…
Deploying distributed renewable energy at the demand side is an important measure to implement a sustainable society. However, the massive small solar and wind generation units are beyond the control of a central operator. To encourage…
Distributed renewable energy systems are now widely installed in many buildings, transforming the buildings into electricity prosumers. Existing studies have developed some advanced building side controls that enable renewable energy…
This letter introduces a method to manage energy storage in electricity grids. Starting from the stochastic characterization of electricity generation and demand, we propose an equation that relates the storage level for every time-step as…
In smart energy communities, prosumers who both generate and consume energy play a crucial role in shaping energy management strategies. These communities use advanced platforms that enable prosumers to actively engage in the local…
In this report we demonstrate the potential utility of resource allocation management systems that use virtual machine technology for sharing parallel computing resources among competing jobs. We formalize the resource allocation problem…
Energy storage can be used for many applications in the Smart Grid such as energy arbitrage, peak demand shaving, power factor correction, energy backup to name a few, and can play a major role at increasing the capacity of power networks…
Recent studies show that the fast growing expansion of wind power generation may lead to extremely high levels of price volatility in wholesale electricity markets. Storage technologies, regardless of their specific forms e.g. pump-storage…
In order to reduce the energy cost of data centers, recent studies suggest distributing computation workload among multiple geographically dispersed data centers, by exploiting the electricity price difference. However, the impact of data…
This paper investigates the energy-aware virtual machine (VM) allocation problems in clouds along characteristics: multiple resources, fixed interval time and non-preemption of virtual machines. Many previous works have been proposed to use…
Deployment of shared energy storage systems (SESS) allows users to use the stored energy to meet their own energy demands while saving energy costs without installing private energy storage equipment. In this paper, we consider a group of…
Fog computing is an emerging paradigm that aims to improve the efficiency and QoS of cloud computing by extending the cloud to the edge of the network. This paper develops a comprehensive energy efficiency analysis framework based on…