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With the advancement of the smart grid, the current energy system is moving towards a future where people can buy what they need, sell when they have excess, and can trade the right of buying to other prosumers. While the first two schemes…
To meet its commitments under the Paris Agreement and reduce its dependency on energy imports, the pace, and scale of renewable energy deployment across Europe must increase dramatically over the next decade. Such a steep change in the…
Future electricity distribution grids will host a considerable share of the renewable energy sources needed for enforcing the energy transition. Demand side management mechanisms play a key role in the integration of such renewable energy…
Power grid outages cause huge economical and societal costs. Disruptions in the power distribution grid are responsible for a significant fraction of electric power unavailability to customers. The impact of extreme weather conditions,…
A number of governments and organizations around the world agree that the first step to address national and international problems such as energy independence, global warming or emergency resilience, is the redesign of electricity…
Abstract: The rising global temperatures caused by climate change significantly impact energy consumption and electricity generation. Fluctuating temperatures and frequent extreme weather events disrupt energy production and consumption…
High shares of variable renewable energy necessitate substantial energy storage capacity. However, it remains unclear how to design a market that, on the one hand, ensures a stable and sufficient income for storage firms, and, on the other…
This paper evaluates the economic impact of Renewable Energy Communities (RECs) on the Italian wholesale power market. Combining a bottom-up engineering approach with a short-run economic impact assessment, the study begins by mapping…
The European North Sea has a vast renewable energy potential and can be a powerhouse for Europe's energy transition. However, currently there is uncertainty about how much offshore wind energy can be integrated, whether offshore grids…
The demand for electricity is undergoing considerable spatial and temporal change. With the uptake of efficient technologies and increased electrification, a better understanding of how potential changes in demand patterns can affect…
This paper investigates the relationship between grid tariffs and investment in Zero Emission Neighborhoods (ZEN) energy system, and how the grid exchanges are affected. Different grid tariffs (energy based, time of use (ToU), subscribed…
Trade networks, across which countries distribute their products, are crucial components of the globalized world economy. Their structure is strongly heterogeneous across products, given the different features of the countries which buy and…
The integration of a massive number of large-scale wind turbines brought about urgent technical challenge to power transmission network operators in terms of secure power supply and energy dispatching optimization. In this paper, an optimal…
Expanding transmission capacity is likely a bottleneck that will restrict variable renewable energy (VRE) deployment required to achieve ambitious emission reduction goals. Grid interconnection and inter-regional transmission capacity may…
Investment in renewable electricity generation is highly capital intensive and therefore strongly dependent on financing conditions. In Europe, much of this investment has occurred under public support schemes that resemble long-term public…
Growth of intermittent renewable energy and climate change make it increasingly difficult to manage electricity demand variability. Centralized storage can help but is costly. An alternative is to shift demand. Cooling and heating demands…
Policy efforts have primarily focused on expanding variable renewable energy sources (vRES) to meet carbon emission reduction targets. The integration of high shares of renewables into the energy system is central to both policy making and…
The grid integration of intermittent Renewable Energy Sources (RES) causes costs for grid operators due to forecast uncertainty and the resulting production schedule mismatches. These so-called profile service costs are marginal cost…
The increasing impact of fossil energy generation on the Earth ecological balance is pointing to the need of a transition in power generation technology towards the more clean and sustainable Renewable Energy Sources (RES). This transition…
This paper aims to investigate the risk identification problem of power transmission system that is integrated with renewable energy sources. In practice, the fluctuation of power generation from renewable energy sources can lead to severe…