Related papers: A Reactive Power Market for the Future Grid
In future distribution grids, prosumers (i.e., energy consumers with storage and/or production capabilities) will trade energy with each other and with the main grid. To ensure an efficient and safe operation of energy trading, in this…
In recent years extensive research has been conducted on the development of different models that enable energy trading between prosumers and consumers due to expected high integration of distributed energy resources. Some of the most…
This paper focuses on the problem of energy imbalance management in amicrogrid. The problem is investigated from the power market perspective. Unlike the traditional power grid, a microgrid can obtain extra energy froma renewable energy…
Demand Response (DR) has a widely recognized potential for improving grid stability and reliability while reducing customers energy bills. However, the conventional DR techniques come with several shortcomings, such as inability to handle…
The deployment of distributed energy resources, combined with a more proactive demand side, is inducing a new paradigm in power system operation and electricity markets. Within a consumer-centric market framework, peer-to-peer approaches…
The rapid growth of proactive consumers with distributed power generation and storage capacity, empowered by Internet of Things (IoT) devices, is transforming modern power markets into an independent, flexible, and distributed structure. In…
In this paper, we introduce a new framework to address the problem of voltage regulation in unbalanced distribution grids with deep photovoltaic penetration. In this framework, both real and reactive power setpoints are explicitly…
With the phenomenal growth in renewable energy generation, the conventional synchronous generator-based power plants are gradually getting replaced by renewable energy sources-based microgrids. Such transition gives rise to the challenges…
The natural gas and electricity systems are now becoming more and more strongly coupled. While gas-fired units (GFUs) are replacing the retired coal plants, the power systems are also increasingly dependent on the flexibilities provided by…
Power distribution grids with high PV generation are exposed to voltage disturbances due to the unpredictable nature of renewable resources. Smart PV inverters, if controlled in coordination with each other and continuously adapted to the…
The current stage in the evolution of the European internal energy market for electricity is defined by the transformation towards a renewable energy system. The Clean Energy Package aims to ensure that methods for capacity allocation and…
This paper proposes an agent-based model that combines both spot and balancing electricity markets. From this model, we develop a multi-agent simulation to study the integration of the consumers' flexibility into the system. Our study…
There is an intrinsic value in higher integration of multi-carrier energy systems (especially gas and electricity), to increase operational flexibility in the electricity system and to improve allocation of resources in gas and electricity…
Smart grid as the cleaner alternative to the legacy power system can improve technical, economical, and environmental aspects of the system up to a considerable degree. In smart grids, Distributed Generation (DG) units; which play an…
Demand side management (DSM) is a key solution for reducing the peak-time power consumption in smart grids. To provide incentives for consumers to shift their consumption to off-peak times, the utility company charges consumers differential…
The increasing penetration of renewable energy in recent years has led to more uncertainties in power systems. These uncertainties have to be accommodated by flexible re- sources (i.e. upward and downward generation reserves). In this…
Modern power grids need to cope with increasingly decentralized, volatile energy sources as well as new business models such as virtual power plants constituted from battery swarms. This warrants both, day-ahead planning of larger schedules…
Some consumers, particularly households, are unwilling to face volatile electricity prices, and they can perceive as unfair price differentiation in the same local area. For these reasons, nodal prices in distribution networks are rarely…
Improving distribution grid reliability is a major challenge for planning and operation of distribution systems having a high share of distributed generators (DGs). The rise of DGs share can lead to unplanned contingencies while on the…
Synchronisation of parallel grid-forming inverters is crucial for stable operation of future power systems. This includes accurate and robust reactive power sharing under realistic operating conditions such as impedance mismatch and…