Related papers: Computing a Strategic Decarbonization Pathway: A C…
In two-stage electricity markets, renewable power producers enter the day-ahead market with a forecast of future power generation and then reconcile any forecast deviation in the real-time market at a penalty. The choice of the forecast…
The correlations of multiple renewable power plants (RPPs) should be fully considered in the power system with very high penetration renewable power integration. This paper models the uncertainties, spatial correlation of multiple RPPs…
Energy system optimization models are important tools to provide insights regarding trade-offs and interrelations in cost-efficient transformation pathways towards a climate neutral energy system. Using an optimization model of the European…
This paper models a non-cooperative game between two EV charging stations. One is a fixed-power charging station purchasing electricity from the grid at wholesale price and reselling the energy to EV owners at a higher retail price; the…
The electric power generation mix of ISO New England (ISO-NE) is fundamentally changing. Nuclear, coal, and oil generation facilities are retiring while natural gas, solar, and wind generation are being adopted to replace them. Variable…
The intermittent nature of renewable power availability is one of the major sources of uncertainty in power systems. While markets can guarantee that the demand is covered by the available generation, transmission system operators have to…
We study optimal behavior of energy producers under a CO_2 emission abatement program. We focus on a two-player discrete-time model where each producer is sequentially optimizing her emission and production schedules. The game-theoretic…
The most dangerous effects of anthropogenic climate change can be mitigated by using emissions taxes or other regulatory interventions to reduce greenhouse gas (GHG) emissions. This paper takes a regulatory viewpoint and describes the…
In the context of growing concerns about power disruptions, grid reliability and the need for decarbonization, this study evaluates a broad range of clean backup power systems (BPSs) to replace traditional emergency diesel generators. A…
A distributed, hierarchical, market based approach is introduced to solve the economic dispatch problem. The approach requires only a minimal amount of information to be shared between a central market operator and the end-users. Price…
We study the problem of eco-routing for Plug-In Hybrid Electric Vehicles (PHEVs) to minimize the overall energy consumption cost. We propose an algorithm which can simultaneously calculate an energy-optimal route (eco-route) for a PHEV and…
The optimization of power systems involves complex uncertainties, such as technological progress, political context, geopolitical constraints. Negotiations at COP21 are complicated by the huge number of scenarios that various people want to…
Cyber Physical Systems (CPSs) are the result of convergence of computation, networking, and control of physical process. In this paper, we consider an industrial CPS consisting of several control plants and Rate Constrained (RC) users that…
We provide a theoretical framework to examine how carbon pricing policies influence inflation and to estimate the policy-driven impact on goods prices from achieving net-zero emissions. Firms control emissions by adjusting production,…
This paper proposes a novel framework to price energy storage in economic dispatch with a social welfare maximization objective. This framework can be utilized by power system operators to generate default bids for storage or to benchmark…
A Mathematical Program with Equilibrium Constraints (MPEC) is formulated to capture the relationships between multiple Mobility Service Providers (MSPs) and the users of a multi-modal transport network. The network supply structure is…
This paper studies an electricity market consisting of an independent system operator (ISO) and a group of generators. The goal is to solve the DC optimal power flow (DC-OPF) problem: have the generators collectively meet the power demand…
Maintaining system balance becomes increasingly challenging as market design and grid capacity enhancement lag behind the growing share of renewables, requiring greater effort from both the transmission system operator (TSO) and the Balance…
Power grid operation is becoming increasingly complex due to the rising integration of renewable energy sources and the need for more adaptive control strategies. Reinforcement Learning (RL) has emerged as a promising approach to power…
We propose a real-time nodal pricing mechanism for cost minimization and voltage control in a distribution network with autonomous distributed energy resources and analyze the resulting market using stochastic game theory. Unlike existing…