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We consider an energy storage problem involving a wind farm with a forecasted power output, a stochastic load, an energy storage device, and a connection to the larger power grid with stochastic prices. Electricity prices and wind power…

Optimization and Control · Mathematics 2020-02-04 Joseph L. Durante , Juliana Nascimento , Warren B. Powell

Predict+Optimize frameworks integrate forecasting and optimization to address real-world challenges such as renewable energy scheduling, where variability and uncertainty are critical factors. This paper benchmarks solutions from the…

Electric power systems are increasingly turning to energy storage systems to balance supply and demand. But how much storage is required? What is the optimal volume of storage in a power system and on what does it depend? In addition, what…

Theoretical Economics · Economics 2025-11-27 Darryl Biggar , Mohammad Reza Hesamzadeh

The integration of storage and renewable resources fundamentally alters resource-adequacy analysis. Because storage couples decisions across time, it invalidates the traditional reliability models that are based on time-independent capacity…

Optimization and Control · Mathematics 2026-03-05 Baptiste Rabecq , Andy Sun , Feng Zhao , Tongxin Zheng , Xiaochu Wang , Yufan Zhang

The co-optimization of behind-the-meter distributed energy resources is considered for prosumers under the net energy metering tariff. The distributed energy resources considered include renewable generations, flexible demands, and battery…

Systems and Control · Electrical Eng. & Systems 2024-07-11 Ahmed S. Alahmed , Lang Tong , Qing Zhao

Optimally combining frequency control with self-consumption can increase revenues from battery storage systems installed behind-the-meter. This work presents an optimized control strategy that allows a battery to be used simultaneously for…

Optimization and Control · Mathematics 2018-01-01 Jonas Engels , Bert Claessens , Geert Deconinck

Wind farms can increase annual energy production (AEP) with advanced control algorithms by coordinating the set points of individual turbine controllers across the farm. However, it remains a significant challenge to achieve performance…

Optimization and Control · Mathematics 2020-03-18 Yi Guo , Mario Rotea , Tyler Summers

In this paper, we propose a complete modelling framework to value several batteries in the electricity intraday market at the trading session scale. The model consists of a stochastic model for the 24 mid-prices (one price per delivery…

Trading and Market Microstructure · Quantitative Finance 2024-12-23 Enzo Cognéville , Thomas Deschatre , Xavier Warin

Stochastic controllers are perceived as a promising solution for techno-economic operation of distribution networks having higher generation uncertainties at large penetration of renewables. These controllers are supported by forecasters…

Systems and Control · Electrical Eng. & Systems 2023-05-08 Salish Maharjan , Prashant Tiwari , Rui Cheng , Zhaoyu Wang

Distribution microgrids are being challenged by reverse power flows and voltage fluctuations due to renewable generation, demand response, and electric vehicles. Advances in photovoltaic (PV) inverters offer new opportunities for reactive…

Optimization and Control · Mathematics 2014-11-17 Vassilis Kekatos , Gang Wang , Antonio J. Conejo , Georgios B. Giannakis

As the penetration level of transmission-scale time-intermittent renewable generation resources increases, control of flexible resources will become important to mitigating the fluctuations due to these new renewable resources. Flexible…

Optimization and Control · Mathematics 2013-09-12 Krishnamurthy Dvijotham , Scott Backhaus , Misha Chertkov

The selection of optimal design for power electronic converter parameters involves balancing efficiency and thermal constraints to ensure high performance without compromising safety. This paper introduces a probabilistic-learning-based…

Systems and Control · Electrical Eng. & Systems 2025-12-30 Akash Mahajan , Shivam Chaturvedi , Srijita Das , Wencong Su , Van-Hai Bui

The energy system is rapidly changing to accommodate the increasing number of renewable generators and the general transition towards a more sustainable future. Simultaneously, business models and market designs evolve, affecting power-grid…

Adaptation and Self-Organizing Systems · Physics 2020-03-24 Leonardo Rydin Gorjão , Mehrnaz Anvari , Holger Kantz , Christian Beck , Dirk Witthaut , Marc Timme , Benjamin Schäfer

Production logistics has an important role as a chain that connects the components of the production system. The most important goal of production logistics plans is to keep the flow of the production system well. However, compared to the…

Optimization and Control · Mathematics 2022-04-01 Yongkuk Jeong , Gianpiero Canessa , Erik Flores-García , Tarun Kumar Agrawal , Magnus Wiktorsson

In this paper we formulate an optimization approach to schedule electrical loads given a short term prediction of time-varying power production and the ability to store only a limited amount of electrical energy. The proposed approach is…

Optimization and Control · Mathematics 2016-11-15 Raymond A. de Callafon , Abdulelah H. Habib , Jan Kleissl

This paper introduces a multi-timescale stochastic programming framework designed to address decision-making challenges in power systems, particularly those with high renewable energy penetration. The framework models interactions across…

Optimization and Control · Mathematics 2025-08-13 Yihang Zhang , Suvrajeet Sen

In this study, an optimization problem is proposed in order to obtain the maximum economic benefit from wind farms with variable and intermittent energy generation in the day ahead and balancing electricity markets. This method, which is…

Econometrics · Economics 2018-06-15 Akın Taşcikaraoğlu , Ozan Erdinç

This work considers energy management in a grid-connected microgrid which consists of multiple conventional generators (CGs), renewable generators (RGs) and energy storage systems (ESSs). A two-stage optimization approach is presented to…

Optimization and Control · Mathematics 2016-03-21 Wuhua Hu , Ping Wang , Hoay Beng Gooi

A widely used heuristic for solving stochastic optimization problems is to use a deterministic rolling horizon procedure, which has been modified to handle uncertainty (e.g. buffer stocks, schedule slack). This approach has been criticized…

Optimization and Control · Mathematics 2017-03-16 Raymond T. Perkins , Warren B. Powell

We study risk-aware linear policy approximations for the optimal operation of an energy system with stochastic wind power, storage, and limited fuel. The resulting problem is a sequential decision-making problem with rolling forecasts. In…

Systems and Control · Electrical Eng. & Systems 2024-07-19 Thomas Mortimer , Robert Mieth
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