Related papers: Unit Commitment Considering the Impact of Deep Cyc…
Value-oriented forecasts for two-stage power system operational problems have been demonstrated to reduce cost, but prove to be computationally challenging for large-scale systems because the underlying optimization problem must be…
Integrating renewable energy into the power grid requires intelligent risk-aware dispatch accounting for the stochastic availability of renewables. Toward achieving this goal, a robust DC optimal flow problem is developed in the present…
Wind integration in power grids is very difficult, essentially because of the uncertain nature of wind speed. Forecasting errors on output from wind turbines may have costly consequences. For instance, power might be bought at highest price…
In the face of extreme events, e.g., hurricanes, the transmission systems, especially the transmission lines, are affected across time and space. To mitigate these impacts on the day-ahead market from a probabilistic perspective, a…
The electric power grid has evolved significantly over the past two decades in response to climate change. Increased levels of renewable energy generation, as a prominent feature of this evolution, have led to new congestion patterns in the…
Seasonal climate variations affect electricity demand, which in turn affects month-to-month electricity planning and operations. Electricity system planning at the monthly timescale can be improved by adapting climate forecasts to estimate…
The increase of renewables in the grid and the volatility of the load create uncertainties in the day-ahead prices of electricity markets. Adaptive robust optimization (ARO) and stochastic optimization have been used to make commitment and…
The rising share of abundant renewable energy inevitably increases volatility in the electricity production. The concept of sector coupling means that the volatility of electricity production to a large degree can be absorbed by dispatching…
The blast wave of machine learning and artificial intelligence has also reached the power systems community, and amid the frenzy of methods and black-box tools that have been left in its wake, it is sometimes difficult to perceive a glimmer…
From an economic point of view, a common criterion for assessing the merits of a reserve investment is its impacts on social welfare. The underlying assumption in using this criterion is that side payments may be used to distribute the…
Day-ahead scheduling of electricity generation or unit commitment is an important and challenging optimization problem in power systems. Variability in net load arising from the increasing penetration of renewable technologies have…
The forecasting of large ramps in wind power output known as ramp events is crucial for the incorporation of large volumes of wind energy into national electricity grids. Large variations in wind power supply must be compensated by…
A one-size-fits-all paradigm that only adapts the scale and immediate outcome of climate investment to economic circumstances will provide a short-lived, economically inadequate response to climate issues; given the limited resources…
The prediction of electrical power in combined cycle power plants is a key challenge in the electrical power and energy systems field. This power output can vary depending on environmental variables, such as temperature, pressure, and…
This paper presents a new dynamic pricing model (a.k.a. real-time pricing) that reflects startup costs of generators. Dynamic pricing, which is a method to control demand by pricing electricity at hourly (or more often) intervals, has been…
Recent changes in the fuel mix for electricity generation and, in particular, the increase in Gas-Fueled Power Plants (GFPP), have created significant interdependencies between the electrical power and natural gas transmission systems.…
Unit commitment (UC) optimizes the start-up and shutdown schedules of generating units to meet load demand while minimizing costs. However, the increasing integration of renewable energy introduces uncertainties for real-time scheduling.…
This paper introduces a novel approach to addressing uncertainty and associated risks in power system management, focusing on the discrepancies between forecasted and actual values of load demand and renewable power generation. By employing…
Maintaining instantaneous balance between electricity supply and demand is critical for reliability and grid instability. System operators achieve this through solving the task of Unit Commitment (UC),ca high dimensional large-scale…
With the fast growth of wind power penetration, power systems need additional flexibility to cope with wind power ramping. Several electricity markets have established requirements for flexible ramping capacity (FRC) reserves. This paper…