Related papers: A Conditional Value-at-Risk Based Planning Model f…
The ongoing energy transition is significantly increasing the share of renewable energy sources (RES) in power systems; however, their intermittency and variability pose substantial challenges, including load shedding and system congestion.…
This paper examines the integrated generation and transmission expansion planning problem to address the growing challenges associated with increasing power network loads. The proposed approach optimizes the operation and investment costs…
In this work, a composite economic model predictive control (CEMPC) is proposed for the optimal operation of a stand-alone integrated energy system (IES). Time-scale multiplicity exists in IESs dynamics is taken into account and addressed…
As the proportion of variable inverter-based renewable energy generation in electricity systems increases from a minority to the majority of total supply, the complexity and cost of providing ancillary system services increases in parallel.…
We develop a two-stage stochastic multi-commodity flow model to design a resilient maritime energy supply network under correlated chokepoint disruptions. A planner selects strategic inventories and infrastructure activations prior to…
To comply with increasingly stringent international standards in risk management and regulation, several approaches have been developed in the literature for forecasting tail-risk measures such as Value-at-Risk (VaR) and Expected Shortfall…
This paper investigates the energy management problem for multiple self-interested users, each with renewable energy generation as well as both the fixed and controllable loads, that all share a common energy storage system (ESS). The…
This study investigates the economic viability and optimal configuration of a hybrid industrial energy system combining an electrode boiler, steam accumulator, and battery energy storage system (BESS). This study optimizes system operation…
This paper presents a flexible energy management system (EMS) for an electric bus charging station (EBCS) that integrates renewable generation, energy storage, and electric bus (EB) charging while accounting for uncertainties in solar PV…
This paper develops risk-averse models to support system operators in planning and operating the electricity grid under uncertainty from renewable power generation. We incorporate financial risk hedging using conditional value at risk…
This work proposes an uncertainty-informed bid adjustment framework for integrating variable renewable energy sources (VRES) into electricity markets. This framework adopts a bilevel model to compute the optimal VRES day-ahead bids. It aims…
The transition to renewable energy has positioned photovoltaic (PV) systems and battery energy storage systems (BESS) as essential assets in microgrids, particularly for remote installations. However, traditional planning models often…
Maintaining the stability of renewable-dominant power systems requires the procurement of virtual inertia services from non-synchronous resources (e.g., batteries, wind turbines) in addition to inertia traditionally provided by synchronous…
The development of miniaturized nuclear power (NP) units and the improvement of the carbon trading market provide a new way to realize the low-carbon operation of integrated energy systems (IES). In this study, NP units and carbon trading…
The growing share of Renewable Energy Sources (RES) in modern power systems increases both grid imbalances and frequency deviations, reinforcing the need for ancillary services such as Frequency Containment Reserve (FCR) and passive…
Wind energy has been rapidly gaining popularity as a means for combating climate change. However, the variable nature of wind generation can undermine system reliability and lead to wind curtailment, causing substantial economic losses to…
A placement problem for multiple Battery Energy Storage System (BESS) units is formulated towards power system transient voltage stability enhancement in this paper. The problem is solved by the Cross-Entropy (CE) optimization method. A…
Over the last few decades, electricity markets around the world have adopted multi-settlement structures, allowing for balancing of supply and demand as more accurate forecast information becomes available. Given increasing uncertainty due…
This article proposes an offline Energy Management System (EMS) for Parallel Hybrid Electric Vehicles (PHEVs). Dividing the torque between the Electric Motor (EM) and the Internal Combustion Engine (ICE) requires a suitable EMS. Batteries…
In this paper, the extent to which the integration of rooftop photovoltaic (PV) power with a community energy storage (CES) system can reduce energy cost and distribution network (DN) loss is explored. To this end, three energy trading…