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Since the 1990s, widespread introduction of central (wholesale) electricity markets has been seen across multiple continents, driven by the search for efficient operation of the power grid through competition. The increase of renewables has…

Systems and Control · Electrical Eng. & Systems 2025-10-15 Pål Forr Austnes , Matthieu Jacobs , Lu Wang , Mario Paolone

In electrical distribution grids, the constantly increasing number of power generation devices based on renewables demands a transition from a centralized to a distributed generation paradigm. In fact, power injection from Distributed…

Systems and Control · Computer Science 2017-06-30 Riccardo Bonetto , Michele Rossi , Stefano Tomasin , Carlo Fischione

We propose a novel machine learning approach for probabilistic forecasting of hourly day-ahead electricity prices. In contrast with the recent advances in data-rich probabilistic forecasting, which approximates distributions with few…

General Economics · Economics 2025-07-04 Jozef Barunik , Lubos Hanus

In this paper, we design a pricing framework for online electric vehicle (EV) parking assignment and charge scheduling. Here, users with electric vehicles want to park and charge at electric-vehicle-supply-equipment (EVSEs) at different…

Multiagent Systems · Computer Science 2019-05-17 Nathaniel Tucker , Bryce Ferguson , Mahnoosh Alizadeh

As electric vehicle (EV) adoption is growing year after year, there is no doubt that EVs will occupy a significant portion of transporting vehicle in the near future. Although EVs have benefits for environment, large amount of…

Optimization and Control · Mathematics 2017-11-09 Yingqi Xiong , Behnam Khaki , Chi-cheng Chu , Rajit Gadh

This paper describes a method for computing price signals for prosumers, incentivizing them to adjust their consumption according to the constraints of the distribution grids to which they are connected, thereby preventing voltage…

Systems and Control · Electrical Eng. & Systems 2025-11-20 Plouton Grammatikos , Ali Mohamed Ali , Fabrizio Sossan

Support schemes like the Feed-in-Tariff (FiT) have for many years been an important driver for the deployment of distributed energy resources, and the transition from consumerism to prosumerism. This democratization and decarbonization of…

Systems and Control · Electrical Eng. & Systems 2022-03-22 Marthe Fogstad Dynge , Ugur Halden , Gro Klæboe , Umit Cali

In recent years, there has been a significant focus on advancing the next generation of power systems. Despite these efforts, persistent challenges revolve around addressing the operational impact of uncertainty on predicted data,…

Optimization and Control · Mathematics 2024-03-15 Hien Thanh Doan , Minsoo Kim , Keunju Song , Hongseok Kim

Increasing wind turbines (WT) penetration and low carbon demand can potentially lead to two different flow peaks, generation and load, within distribution networks. This will not only constrain WT penetration but also pose serious threats…

Optimization and Control · Mathematics 2018-02-13 Xiao Yanchi , Bruce Vargas , Mohammd Hamdi

Nothing has done more to empower the free market, enterprise, and meritocracy than the spread of electricity and power to everyone. The power system has been the precursor to the greatest period of innovation in our history and has meant…

General Finance · Quantitative Finance 2021-03-22 Martin Higgins

Electricity markets often utilize the DC approximation of the AC power flow equations to facilitate solving an otherwise complex nonconvex optimization problem. These DC power flow equations have analogies to DC circuit laws such as…

Optimization and Control · Mathematics 2024-03-29 Kyri Baker , Harsha Gangammanavar

Over the past years, distributed energy resources (DER) have been the object of many studies, which recognise and establish their emerging role in the future of power systems. However, the implementation of many scenarios and mechanism are…

Systems and Control · Computer Science 2018-09-20 Jaysson Guerrero , Archie Chapman , Gregor Verbic

This paper investigates the problem of bidirectional energy exchange between electric vehicles (EVs) and road lanes embedded with wireless power transfer technologies called wireless charging-discharging lanes (WCDLs). As such, EVs could…

Systems and Control · Electrical Eng. & Systems 2020-08-31 Dinh Hoa Nguyen

Over the past few years, ride-sharing has emerged as an effective way to relieve traffic congestion. A key problem for these platforms is to come up with a revenue-optimal (or GMV-optimal) pricing scheme and an induced vehicle dispatching…

Systems and Control · Computer Science 2018-03-02 Mengjing Chen , Weiran Shen , Pingzhong Tang , Song Zuo

In this paper, a novel quadratic convex optimal power flow model, namely, MDOPF, is proposed to determine the optimal dispatches of distributed generators. Based on the results of MDOPF, two price mechanisms, distribution locational…

Systems and Control · Electrical Eng. & Systems 2020-09-07 Tianshu Yang , Ye Guo , Lirong Deng , Hongbin Sun , Wenchuan Wu

The concept of plug-in electric vehicles (PEV) are gaining increasing popularity in recent years, due to the growing societal awareness of reducing greenhouse gas (GHG) emissions, and gaining independence on foreign oil or petroleum.…

Optimization and Control · Mathematics 2015-03-19 Qiao Li , Tao Cui , Rohit Negi , Franz Franchetti , Marija D. Ilic

Electric Location-Routing models (ELRP) can contribute to the effective planning of electric vehicles (EVs) fleets and charging infrastructure within EV logistic networks because it simultaneously combines routing and location decisions to…

Optimization and Control · Mathematics 2025-02-26 Luiz Eduardo Cotta Monteiro , Rafael Martinelli

In this paper, we consider the electricity cost minimization problem in a residential network where each community is equipped with a distributed power generation source and every household in the community has a set of essential and…

Optimization and Control · Mathematics 2012-12-11 Yi Liu , Naveed Ul Hassan , Shisheng Huang , Chau Yuen

The increasing number of Electric Vehicles (EVs) have led to rising energy demands which aggregates the burden on grid supply. A few solutions have been proposed to reduce grid load, for example, using storage systems for storing surplus…

Systems and Control · Electrical Eng. & Systems 2023-12-14 Ferheen Ayaz , Maziar Nekovee

The trending integrations of Battery Energy Storage System (BESS, stationary battery) and Electric Vehicles (EV, mobile battery) to distribution grids call for advanced Demand Side Management (DSM) technique that addresses the scalability…

Systems and Control · Computer Science 2016-12-30 Yubo Wang , Wenbo Shi , Bin Wang , Chi-Cheng Chu , Rajit Gadh
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