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In the effort to achieve carbon neutrality through a decentralized electricity market, accurate short-term load forecasting at low aggregation levels has become increasingly crucial for various market participants' strategies. Accurate…

Risk Management · Quantitative Finance 2023-05-17 Jungyeon Park , Estêvão Alvarenga , Jooyoung Jeon , Ran Li , Fotios Petropoulos , Hokyun Kim , Kwangwon Ahn

Buildings are essential components of power grids, and their energy performance directly affects overall power system operation. This paper presents a novel stochastic optimization framework for building energy management systems, aiming to…

Systems and Control · Electrical Eng. & Systems 2025-03-12 Hossein Nourollahi Hokmabad , Tala Hemmati Shahsavar , Pedro P. Vergara , Oleksandr Husev , Juri Belikov

This paper proposes an incentive-based aggregator for electric vehicles (EVs) in workplace parking lots to participate in the energy and regulation markets. With the implementation of seasonal Autoregressive Integrated Moving Average…

Systems and Control · Electrical Eng. & Systems 2020-08-18 Zhongyang Zhao , Caisheng Wang

This paper proposes a stochastic optimal preparation and resource allocation method for upcoming extreme weather events in distribution systems, which can assist utilities to achieve faster and more efficient post-event restoration. With…

Systems and Control · Electrical Eng. & Systems 2021-09-22 Qianzhi Zhang , Zhaoyu Wang , Shanshan Ma , Anmar Arif

Generating representative scenarios for power system planning in which the stochasticity of renewable generation and cross-correlations between renewables and load are fully captured, is a challenging problem. Traditional methods for…

Systems and Control · Electrical Eng. & Systems 2022-02-09 Dhaval Dalal , Anamitra Pal , Philip Augustin

The residential buildings sector is one of the largest electricity consumers worldwide and contributes disproportionally to peak electricity demand in many regions. Strongly driven by occupant activities at home, household energy…

Systems and Control · Electrical Eng. & Systems 2021-11-05 Jianli Chen , Rajendra Adhikari , Eric Wilson , Joseph Robertson , Anthony Fontanini , Ben Polly , Opeoluwa Olawale

We develop a probabilistic framework for joint simulation of short-term electricity generation from renewable assets. In this paper we describe a method for producing hourly day-ahead scenarios of generated power at grid-scale across…

Statistical Finance · Quantitative Finance 2022-05-11 Mike Ludkovski , Glen Swindle , Eric Grannan

In this paper, a stochastic model with regime switching is developed for solar photo-voltaic (PV) power in order to provide short-term probabilistic forecasts. The proposed model for solar PV power is physics inspired and explicitly…

Applications · Statistics 2017-09-19 Raksha Ramakrishna , Anna Scaglione , Vijay Vittal

We present an online stochastic model predictive control framework for demand charge management for a grid-connected consumer with attached electrical energy storage. The consumer we consider must satisfy an inflexible but stochastic…

Systems and Control · Electrical Eng. & Systems 2020-07-07 Benjamin Flamm , Guillermo Ramos , Annika Eichler , John Lygeros

By significant improvements in modern electrical systems, planning for unit commitment and power dispatching of them are two big concerns between the researchers. Short-term load forecasting plays a significant role in planning and…

Statistical Finance · Quantitative Finance 2020-10-01 Kasun Chandrarathna , Arman Edalati , AhmadReza Fourozan tabar

Production planning must account for uncertainty in a production system, arising from fluctuating demand forecasts. Therefore, this article focuses on the integration of updated customer demand into the rolling horizon planning cycle. We…

Econometrics · Economics 2024-09-27 Manuel Schlenkrich , Wolfgang Seiringer , Klaus Altendorfer , Sophie N. Parragh

Aggregators of consumer energy resources (CERs) like rooftop solar and battery energy storage (BES) face challenges due to their inherent uncertainties. A sensible approach is to use stochastic optimization to handle such uncertainties,…

Systems and Control · Electrical Eng. & Systems 2025-11-03 Chatum Sankalpa , Ghulam Mohy-ud-din , Erik Weyer , Maria Vrakopoulou

Distributed, small-scale solar photovoltaic (PV) systems are being installed at a rapidly increasing rate. This can cause major impacts on distribution networks and energy markets. As a result, there is a significant need for improved…

Machine Learning · Computer Science 2022-06-23 Maneesha Perera , Julian De Hoog , Kasun Bandara , Saman Halgamuge

Accurately forecasting long-term atmospheric variables remains a defining challenge in meteorological science due to the chaotic nature of atmospheric systems. Temperature data represents a complex superposition of deterministic cyclical…

Machine Learning · Computer Science 2026-01-14 Shreyas Rajeev , Karthik Mudenahalli Ashoka , Amit Mallappa Tiparaddi

This paper presents an analysis of the stability and quality of the distributed generation planning problem's investment solution. The entry of distributed generators power based on non-conventional energy sources has been extensively…

Systems and Control · Electrical Eng. & Systems 2021-03-31 Luis Lopez , Alvaro Gonzalez-Castellanos , David Pozo

The integration of distributed energy resources has ushered in a host of complex challenges, significantly impacting power quality in distribution networks. This work studies these challenges, exploring issues such as voltage fluctuations…

Hardware Architecture · Computer Science 2026-02-03 Rafi Zahedi , Amirhossein Ahmadian , Chen Zhang , Shashank Narayana Gowda , Kourosh SedghiSigarchi , Rajit Gadh

Load forecasting is an integral part of power system operations and planning. Due to the increasing penetration of rooftop PV, electric vehicles and demand response applications, forecasting the load of individual and a small group of…

Systems and Control · Electrical Eng. & Systems 2019-06-19 Ling Zhang , Baosen Zhang

The increasing penetration of renewable energy sources introduces significant challenges to power grid stability, primarily due to their inherent variability. A new opportunity for grid operation is the smart integration of electricity…

Optimization and Control · Mathematics 2025-10-30 Janik Pinter , Frederik Zahn , Maximilian Beichter , Ralf Mikut , Veit Hagenmeyer

Assemble-to-order approaches deal with randomness in demand for end items by producing components under uncertainty, but assembling them only after demand is observed. Such planning problems can be tackled by stochastic programming, but…

Optimization and Control · Mathematics 2023-11-23 Daniele Giovanni Gioia , Edoardo Fadda , Paolo Brandimarte

The supply of electrical energy is being increasingly sourced from renewable generation resources. The variability and uncertainty of renewable generation, compared to a dispatch-able plant, is a significant dissimilarity of concern to the…

Optimization and Control · Mathematics 2017-11-16 Farhad Samadi Gazijahani , Javad Salehi
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