Related papers: A Linear Model for Distributed Flexibility Markets…
To the best of our knowledge, this paper proposes for the first time a design of a continuous local flexibility market that explicitly considers network constraints. Continuous markets are expected to be the most appropriate design option…
To accommodate the advent of microgrids (MG) managing distributed energy resources (DER) in distribution systems, an interactive two-stage joint retail electricity market mechanism is proposed to provide an effective platform for these…
Optimization problems that involve topology optimization in scenarios with large scale outages, such as post-disaster restoration or public safety power shutoff planning, are very challenging to solve. Using simple power flow…
The short-term forecasting of real-time locational marginal price (LMP) and network congestion is considered from a system operator perspective. A new probabilistic forecasting technique is proposed based on a multiparametric programming…
Recently, we proposed a capacity expansion approach for transmission grids that combines the upgrade of transmission capacity with a transition in system structure to improve grid operation. The key to this concept is a particular hybrid…
The enormous technological potential accumulated over the past two decades would make it possible to change the operating principles of power systems entirely. The consequent technological evolution is not only affecting the structure of…
Flexibility markets can be introduced as a tool for the distribution system operator (DSO) to avoid high costs and public opposition against new network investments. Continuous flexibility markets have the advantage of allowing more…
We investigate model predictive control (MPC) formulations for linear systems subject to i.i.d. stochastic disturbances with bounded support and chance constraints. Existing stochastic MPC formulations with closed-loop guarantees can be…
In this paper, a short-term load forecasting approach based network reconfiguration is proposed in a parallel manner. Specifically, a support vector regression (SVR) based short-term load forecasting approach is designed to provide an…
Multiple operational constraints of power system stability are derived analytically and reformulated into Second-Order Cone (SOC) form through a unification method in Part I of this paper. The accuracy and conservativeness of the proposed…
With the increasing energy demand and the growing integration of renewable sources of energy, power systems face operational challenges such as overloads, losses, and stability concerns, particularly as networks operate near their capacity…
This paper studies siting and sizing of plug-in electric vehicle (PEV) fast-charging stations on coupled transportation and power networks. We develop a closed-form service rate model of highway PEV charging stations' service abilities,…
This paper focuses on the operation of an electricity market that accounts for participants that bid at a sub-minute timescale. To that end, we model the market-clearing process as a dynamical system, called market dynamics, which is…
In order to overcome the drawbacks of assuming deterministic volatility coefficients in the standard LIBOR market models to capture volatility smiles and skews in real markets, several extensions of LIBOR models to incorporate stochastic…
As energy markets begin clearing at sub-hourly rates, their interaction with load control systems becomes a potentially important consideration. A simple model for the control of thermal systems using market-based power distribution…
A real-time optimal dispatch method for unbundle electricity markets is proposed in this paper. With this method, pool energy auction market, ancillary services market, and bilateral contract market can be coordinated by the ISO through a…
This paper contains two parts: the description of a real electrical system, with many redundancies, reconfigurations and repairs, then the description of a reliability model of this system, based on the BDMP (Boolean logic Driven Markov…
Matching demand with supply in crowdsourcing logistics platforms must contend with uncertain worker participation. Motivated by this challenge, we study a two-stage "recommend-to-match" problem under stochastic supplier rejections, where…
Electric vehicle charging and geo-distributed datacenters introduce spatially flexible loads (FLs) that couple power, transportation, and datacenter networks. These couplings create a closed-loop feedback between locational marginal prices…
This paper deals with the non-convex power system state estimation (PSSE) problem, which plays a central role in the monitoring and operation of electric power networks. Given a set of noisy measurements, PSSE aims at estimating the vector…