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The energy transition has recently experienced a further acceleration. In order to make the integration of renewable energies as cost-effective, secure and sustainable as possible and to develop new paradigms for the energy system, many…

Systems and Control · Electrical Eng. & Systems 2023-04-13 Béla Wiegel , Tom Steffen , Davood Babazadeh , Christian Becker

Tulipa Energy Model aims to optimise the investment and operation of the electricity market, considering its coupling with other sectors, such as hydrogen and heat, that can also be electrified. The problem is analysed from the perspective…

The current climate change is calling for drastic reduction of energy demand as well as of greenhouse gases. Besides this, cities also need to adapt to face the challenges related to climate change. Cities, with their complex urban texture…

Energy system optimization models (ESOMs) should be used in an interactive way to uncover knife-edge solutions, explore alternative system configurations, and suggest different ways to achieve policy objectives under conditions of deep…

Physics and Society · Physics 2019-12-10 Joseph F. DeCarolis , Samaneh Babaee , Binghui Li , Suyash Kanungo

We use three ensemble members of the EURO-CORDEX project and their data on surface wind speeds, solar irradiation as well as water runoff with a spatial resolution of 12 km and a temporal resolution of 3 hours under representative…

Physics and Society · Physics 2018-11-09 Markus Schlott , Alexander Kies , Tom Brown , Stefan Schramm , Martin Greiner

The increasing transmission capacity needs in a future energy system raise the question how associated costs should be allocated to the users of a strengthened power grid. In contrast to straightforward oversimplified methods, a flow…

This paper presents an assessment of global economic energy potentials for all major natural energy resources. This work is based on both an extensive literature review and calculations using natural resource assessment data. Economic…

Dynamical Systems · Mathematics 2015-03-20 J. F. Mercure , P. Salas

Distributed energy resources (DER) provide significant value for renewable energy integration in modern power grids. However, unlocking this value requires complex design and coordination. This paper focuses on the emerging {\em transactive…

Optimization and Control · Mathematics 2019-08-13 Sen Li , Jianming Lian , Antonio Conejo , Wei Zhang

As variable renewable energy increases and more demand is electrified, we expect price formation in wholesale electricity markets to transition from being dominated by fossil fuel generators to being dominated by the opportunity costs of…

General Economics · Economics 2026-04-01 Julian Geis , Fabian Neumann , Michael Lindner , Philipp Härtel , Tom Brown

Investments into renewable energy are increasing rapidly around the world. Energy system models are able to provide insights into optimal investment capacities and thus are widely used to aid the long-term investment decision-making under…

Optimization and Control · Mathematics 2022-01-06 Ni Wang , Remco A. Verzijlbergh , Petra W. Heijnen , Paulien M. Herder

Energy is a critical driver of modern economic systems. Accurate energy price forecasting plays an important role in supporting decision-making at various levels, from operational purchasing decisions at individual business organizations to…

Machine Learning · Computer Science 2024-11-07 Alexandru-Victor Andrei , Georg Velev , Filip-Mihai Toma , Daniel Traian Pele , Stefan Lessmann

The interdependence of electricity and natural gas markets is becoming a major topic in energy research. Integrated energy models are used to assist decision-making for businesses and policymakers addressing challenges of energy transition…

General Finance · Quantitative Finance 2020-09-11 Iegor Riepin , Thomas Möbius , Felix Müsgens

Nowadays hydroelectric energy is one of the best energy sources: it is cleaner, safer and more programmable than other sources. For this reason, its manage could not be done in an approssimative way, but advance mathematical models must be…

Computational Engineering, Finance, and Science · Computer Science 2016-11-01 Matteo Gardini , Aurora Manicardi

The solution space of any set of power flow equations may contain different number of real-valued solutions. The boundaries that separate these regions are referred to as power flow solution space boundaries. Knowledge of these boundaries…

Systems and Control · Computer Science 2017-04-18 Souvik Chandra , Dhagash Mehta , Aranya Chakrabortty

The energy system studies include a wide range of issues from short term (e.g. real-time, hourly, daily and weekly operating decisions) to long term horizons (e.g. planning or policy making). The decision making chain is fed by input…

Systems and Control · Electrical Eng. & Systems 2019-11-26 Alireza Soroudi , Turaj Amraee

Unravelling current complex food systems is relevant for their adjustment and redesign under the current changing climate conditions. Redesign may be necessitated by migration of people and changes of locations of major agri-food…

Physics and Society · Physics 2026-04-15 Erik van der Linden , Marcel Meinders , Egbert H. van Nes , Hugo de Vries

Energy systems optimization problems are complex due to strongly non-linear system behavior and multiple competing objectives, e.g. economic gain vs. environmental impact. Moreover, a large number of input variables and different variable…

To meet widely recognised carbon neutrality targets, over the last decade metropolitan regions around the world have implemented policies to promote the generation and use of sustainable energy. Nevertheless, there is an availability gap in…

General Economics · Economics 2022-12-15 Chunmeng Yang , Siqi Bu , Yi Fan , Wayne Xinwei Wan , Ruoheng Wang , Aoife Foley

Dynamical energy analysis was recently introduced as a new method for determining the distribution of mechanical and acoustic wave energy in complex built up structures. The technique interpolates between standard statistical energy…

Computational Physics · Physics 2012-08-21 David J. Chappell , Gregor Tanner , Stefano Giani

The study presents an effort to classify the territories of a specific area, according to similarities in the estimated potential of their renewable sources, considering also their economic and sociodemographic structure and their…

Computers and Society · Computer Science 2019-11-13 Chiara Scaramuzzino , Giulia Garegnani , Pietro Zambelli