Related papers: Transactive Energy System: Market-Based Coordinati…
Bringing fairness to energy resource allocation remains a challenge, due to the complexity of system structures and economic interdependencies among users and system operators' decision-making. The rise of distributed energy resources has…
Efficient energy management of Distributed Renewable Energy Resources (DRER) enables a more sustainable and efficient energy ecosystem. Therefore, we propose a holistic Energy Management System (EMS), utilising the computational and energy…
Increasing integration of distributed energy resources (DERs) within distribution feeders provides unprecedented flexibility at the distribution-transmission interconnection. With the new FERC 2222 order, DER aggregations are allowed to…
Modern renewables-based power systems need to tap on the flexibility of Distributed Energy Resources (DERs) connected to distribution networks. It is important, however, that DER owners/users remain in control of their assets, decisions,…
The energy transition towards renewable based power provision requires improved monitoring and control of distributed energy resources (DERs), installed predominantly at the distribution grid level. Due to the gradual phase out of thermal…
This paper considers the problem of shaping agent utility functions in a transactive energy system to ensure the optimal energy price at a competitive equilibrium is always socially acceptable, that is, below a prescribed threshold. Agents…
This paper formulates a time-varying social-welfare maximization problem for distribution grids with distributed energy resources (DERs) and develops online distributed algorithms to identify (and track) its solutions. In the considered…
The rapidly growing penetration of renewable energy resources brings unprecedented challenges to power distribution networks - management of a large population of grid-tied controllable devices encounters control scalability crises and…
Distributed energy resources (DERs) can serve as non-wire alternatives (NWAs) to capacity expansion by managing peak load to avoid or delay traditional expansion projects. However, the value stream derived from using DERs as NWAs is usually…
Local electricity markets offer a promising solution for integrating renewable energy sources and other distributed energy resources (DERs) into distribution networks. These markets enable the effective utilization of flexible resources by…
Adding renewable energy sources and storage units to an electric grid has led to a change in the way energy is generated and billed. This shift cannot be managed without a unified view of energy systems and their components. This unified…
In this paper, a distribution system operator (DSO) framework is proposed to optimally coordinate distributed energy resources (DER) aggregators' comprehensive participation in retail energy market as well as wholesale energy and regulation…
Increasing penetration of inverter-based distributed energy resources (DERs) opens up interesting opportunities for the transmission systems. We present a hypothesis that the numerous DERs in var control mode can be seen as geographically…
Greater penetration of Distributed Energy Resources (DERs) in power networks requires coordination strategies that allow for self-adjustment of contributions in a network of DERs, owing to variability in generation and demand. In this…
This article reviews different kinds of models for the electric power grid that can be used to understand the modern power system, the smart grid. From the physical network to abstract energy markets, we identify in the literature different…
This paper addresses the problem of management and coordination of energy resources in a typical microgrid, including smart buildings as flexible loads, energy storages, and renewables. The overall goal is to provide a comprehensive and…
Advances in microgrids powered by Distributed Energy Resources (DERs) make them an attractive response capability for improving the resilience of electricity distribution networks (DNs). This paper presents an approach to evaluate the value…
In this paper, a distributed convex optimization framework is developed for energy trading between islanded microgrids. More specifically, the problem consists of several islanded microgrids that exchange energy flows by means of an…
In this paper, the privacy and security issues associated with the transactive energy system (TES) deployment over insecure communication links are addressed. In particular, it is ensured that (1) individual agents' bidding information is…
A challenge in transmission-distribution coordination is how to quickly and reliably coordinate Distributed Energy Resources (DERs) across large multi-stakeholder Distribution Networks (DNs) to support the Transmission Network (TN), while…