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Electrical infrastructures provide services at the basis of a number of application sectors, several of which are critical from the perspective of human life, environment or financials. Following the increasing trend in electricity…

Other Computer Science · Computer Science 2017-08-16 Giulio Masetti

Recently there have been several historical changes in electricity networks that necessitate the development of Demand Side Management (DSM). The main objective of DSM is to achieve an aggregated consumption pattern that is efficient in…

Computer Science and Game Theory · Computer Science 2019-02-26 Georgios Tsaousoglou , Konstantinos Steriotis , Nikolaos Efthymiopoulos , Konstantinos Smpoukis , Emmanouel Varvarigos

The resilience of electric power grids is threatened by natural hazards. Climate-related hazards are becoming more frequent and intense due to climate change. Statistical analyses clearly demonstrate a rise in the number of incidents (power…

Physics and Society · Physics 2025-04-30 George Karagiannakis , Mathaios Panteli , Sotirios Argyroudis

Integrating renewable energy production into the electricity grid is an important policy goal to address climate change. However, such an integration faces economic and technological challenges. As power generation by renewable sources…

Systems and Control · Electrical Eng. & Systems 2021-01-15 Nayara Aguiar , Indraneel Chakraborty , Vijay Gupta

The relationship between electricity demand and variables such as economic activity and weather patterns is well established. However, this paper explores the connection between electricity demand and social aspects. It further embeds…

Computation and Language · Computer Science 2025-07-09 Yun Bai , Simon Camal , Andrea Michiorri

Time-varying electricity pricing better reflects the varying cost of electricity compared to flat-rate pricing. Variations between peak and off-peak costs are increasing due to weather variation, renewable intermittency, and increasing…

General Economics · Economics 2025-09-03 Nathan Engelman Lado , Richard Chen , Saurabh Amin

In the General Theory, Keynes remarked that the economy's state depends on expectations, and that these expectations can be subject to sudden swings. In this work, we develop a multiple equilibria behavioural business cycle model that can…

The purpose of this paper is to study conflicting objectives between the grid operator and consumers in a future smart grid. Traditionally, customers in electricity grids have different demand profiles and it is generally assumed that the…

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

With the increasing popularity of Internet-based services and applications, power efficiency is becoming a major concern for data center operators, as high electricity consumption not only increases greenhouse gas emissions, but also…

Distributed, Parallel, and Cluster Computing · Computer Science 2015-03-19 Dmytro Dyachuk , Michele Mazzucco

The smart grid is envisioned to significantly enhance the efficiency of energy consumption, by utilizing two-way communication channels between consumers and operators. For example, operators can opportunistically leverage the delay…

Optimization and Control · Mathematics 2016-11-18 Yara Abdallah , Zizhan Zheng , Ness B. Shroff , Hesham El Gamal , Tarek M. El-Fouly

As smart meters continue to be deployed around the world collecting unprecedented levels of fine-grained data about consumers, we need to find mechanisms that are fair to both, (1) the electric utility who needs the data to improve their…

Optimization and Control · Mathematics 2014-11-18 Lillian J. Ratliff , Carlos Barreto , Roy Dong , Henrik Ohlsson , Alvaro Cardenas , S. Shankar Sastry

Community electricity storage systems for multiple applications promise benefits over household electricity storage systems. More economical flexibility options such as demand response and sector coupling might reduce the market size for…

Systems and Control · Electrical Eng. & Systems 2020-11-12 Fabian Scheller , Robert Burkhardt , Robert Schwarzeit , Russell McKenna , Thomas Bruckner

This paper investigates how concepts from game theory and ICT can contribute to solve challenges in demand side management, an important concept in the upcoming smart grid. Demand side management is about modifying the energy load…

Distributed, Parallel, and Cluster Computing · Computer Science 2014-09-03 Bart Smets

The energy transition is expected to significantly increase the share of renewable energy sources whose production is intermittent in the electricity mix. Apart from key benefits, this development has the major drawback of generating a…

Trading and Market Microstructure · Quantitative Finance 2023-01-30 Thibaut Théate , Antonio Sutera , Damien Ernst

Electricity demand forecasting is a well established research field. Usually this task is performed considering historical loads, weather forecasts, calendar information and known major events. Recently attention has been given on the…

Machine Learning · Computer Science 2023-09-14 Yun Bai , Simon Camal , Andrea Michiorri

The decision by the United Kingdom (UK) government in 2007 that the country should build a 33GW wind fleet, capable of generating 25 percent of the UK electricity requirement, was controversial. Proponents argued that it was the most…

Physics and Society · Physics 2016-11-15 Anthony D Stephens , David R Walwyn

Renewable energy is becoming an increasingly important component of energy systems. However, renewable energy production is heavily dependent on the prevailing weather conditions, which are changing as a result of climate change. It is…

Atmospheric and Oceanic Physics · Physics 2024-12-02 Edgar Dolores-Tesillos , Noelia Otero , Sam Allen

This work studies synergies arising from combining industrial demand response and local renewable electricity supply. To this end, we optimize the design of a local electricity generation and storage system with an integrated demand…

Optimization and Control · Mathematics 2024-03-07 Sonja H. M. Germscheid , Benedikt Nilges , Niklas von der Assen , Alexander Mitsos , Manuel Dahmen

The energy transition is well underway in most European countries. It has a growing impact on electric power systems as it dramatically modifies the way electricity is produced. To ensure a safe and smooth transition towards a pan-European…

Physics and Society · Physics 2018-10-17 Laurent Pagnier , Philippe Jacquod

In order to achieve greenhouse gas neutrality by 2045, the Climate Protection Act sets emission reduction targets for the years 2030 and 2040, as well as decreasing annual emission volumes for some sectors, including the building sector.…

Systems and Control · Electrical Eng. & Systems 2024-04-23 Paul Maximilian Röhrig , Nancy Radermacher , Luis Böttcher , Andreas Ulbig