Related papers: A Linear Model for Distributed Flexibility Markets…
Distribution locational marginal prices (DLMPs) facilitate the efficient operation of low-voltage electric power distribution systems. We propose an approach to internalize the stochasticity of renewable distributed energy resources (DERs)…
Nonlinear convex relaxations of the power flow equations and, in particular, the Semi-Definite Programming (SDP), Convex Quadratic (QC), and Second-Order Cone (SOC) relaxations, have attracted significant interest in recent years. Thus far,…
Locational Marginal Price (LMP) is a dual variable associated with supply-demand matching and represents the cost of delivering power to a particular location if the load at that location increases. In recent times it become more volatile…
Second order conic programming (SOCP) has been used to model various applications in power systems, such as operation and expansion planning. In this paper, we present a two-stage stochastic mixed integer SOCP (MISOCP) model for the…
The increasing share of distributed energy sources enhances the participation potential of distributed flexibility in the provision of system services. However, this participation can endanger the grid-safety of the distribution networks…
Transactive or market-based coordination strategies have recently been proposed for controlling the aggregate demand of a large number of electric loads. Such schemes offer operational benefits such as enforcing distribution feeder capacity…
Electricity market operators worldwide use mixed-integer linear programming to solve the allocation problem in wholesale electricity markets. Prices are typically determined based on the duals of relaxed versions of this optimization…
Traditional bulk load flexibility options, such as load shifting and load curtailment, for managing uncertainty in power markets limit the diversity of options and ignore the preferences of the individual loads, thus reducing efficiency and…
Mixed-Integer Second-Order Cone Programs (MISOCPs) form a nice class of mixed-inter convex programs, which can be solved very efficiently due to the recent advances in optimization solvers. Our paper bridges the gap between modeling a class…
This paper proposes a preventive congestion management framework with joint Local Flexibility Capacity Market (LFCM) and Local Energy Markets (LEMs). The framework enables Local Energy Communities (LECs) to optimize their flexibility…
The increasing integration of renewable energy sources into power systems is intensifying the demand for greater flexibility among industrial electricity consumers. However, operational constraints, production requirements, and market…
Pricing the reactive power is more necessary than ever before because of the increasing challenge of renewable energy integration on reactive power balance and voltage control. However, reactive power price is hard to be efficiently…
The alternating current optimal power flow (ACOPF) problem is central to modern power system operations, determining how electricity is generated and transmitted to maximize social welfare while respecting physical and operational…
This paper proposes online algorithms for dynamic matching markets in power distribution systems, which at any real-time operation instance decides about matching -- or delaying the supply of -- flexible loads with available renewable…
DC power flow approximations are ubiquitous in the electricity industry. However, these linear approximations fail to capture important physical aspects of power flow, such as the reactive power and voltage magnitude, which are crucial in…
The pooling problem is an important industrial problem in the class of network flow problems for allocating gas flow in pipeline transportation networks. For P-formulation of the pooling problem with time discretization, we propose second…
The main goal of a sequential two-stage electricity market -- e.g., day-ahead and real-time markets -- is to operate efficiently. However, the price difference across stages due to inadequate competition and unforeseen circumstances leads…
The paper proposes an approach for the efficient model order reduction of dynamic contact problems in linear elasticity. Instead of the augmented Lagrangian method that is widely used for mechanical contact problems, we prefer here the…
This paper addresses the problem of how best to coordinate, or `stack,' energy storage services in systems that lack centralized markets. Specifically, its focus is on how to coordinate transmission-level congestion relief with local,…
New resource mix, e.g., renewable resources, are imposing operational complexities to modern power systems by intensifying uncertainty and variability in the system net load. This issue has motivated independent system operators (ISOs),…