Related papers: Does Oversizing Improve Prosumer Profitability in …
With the rapidly increased penetration of renewable generations, incentive-based demand side management (DSM) shows great value on alleviating the uncertainty and providing flexibility for microgrid. However, how to price those demand…
To respond to volatility and congestion in the power grid, demand response (DR) mechanisms allow for shaping the load compared to a base load profile. When tapping on a large population of heterogeneous appliances as a DR resource, the…
This study investigates two models of varying complexity for optimizing intraday arbitrage energy trading of a battery energy storage system using a model predictive control approach. Scenarios reflecting different stages of the system's…
Peer-to-peer (P2P) energy trading and energy communities have garnered much attention over in recent years due to increasing investments in local energy generation and storage assets. However, the efficiency to be gained from P2P trading,…
The need for resiliency of electricity supply is increasing due to increasing frequency of natural disasters---such as hurricanes---that disrupt supply from the power grid. Rooftop solar photovoltaic (PV) panels together with batteries can…
We consider a network of prosumers involved in peer-to-peer energy exchanges, with differentiation price preferences on the trades with their neighbors, and we analyze two market designs: (i) a centralized market, used as a benchmark, where…
The variability of solar energy in off-grid systems dictates the sizing of energy storage systems along with the sizing and scheduling of loads present in the off-grid system. Unfortunately, energy storage may be costly, while frequent…
Demand flexibility can offset some of the variability introduced on the supply-side by variable renewable generation. However, most efforts (e.g. control of residential vehicle charging) focus on short durations -- typically on the scale of…
Many loads have flexibility in demand that can be used to provide ancillary services to power grids. A large body of literature exists on designing algorithms to coordinate actions of many loads to provide such a service. The topic of…
Data center electricity use may reach 12% of U.S. demand by 2030, alongside growing ability to shift workloads geographically in response to prices or carbon signals. We examine the system-level implications of such strategic flexibility…
While volume-based grid tariffs have been the norm for residential consumers, capacity-based tariffs will become more relevant with the increasing electrification of society. A further development is capacity subscription, where consumers…
The growing share of proactive actors in the electricity markets calls for more attention on prosumers and more support for their decision-making under decentralized electricity markets. In view of the changing paradigm, it is crucial to…
Further electrification of the economy is expected to sharpen ramp rates and increase peak loads. Flexibility from the demand side, which new technologies might facilitate, can help these operational challenges. Electric utilities have…
Economic withholding in electricity markets refers to generators bidding higher than their true marginal fuel cost, and is a typical approach to exercising market power. However, existing market designs require storage to design bids…
We present modeling and analysis of day-ahead spatio-temporal energy markets in which each competitive aggregator aims at making the highest profit by managing a complex mixture of different energy resources, such as conventional…
Active power curtailment of photovoltaic (PV) generation is commonly exercised to mitigate over-voltage issues in power distribution networks. However, fairness concerns arise as certain PV plants may experience more significant…
The rapid growth of data centres poses an evolving challenge for power systems with high variable renewable energy. Traditionally operated as passive electrical loads, data centres, have the potential to become active participants that…
Participation in residential energy demand response programs requires an active role by the consumers. They contribute flexibility in how they use their appliances as the means to adjust energy consumption, and reduce demand peaks, possibly…
Microgrids, as small-scale islandable power systems, are considered as viable promotors of renewable energy resources. In particular, microgrids can efficiently integrate solar photovoltaic (PV) as the deployment of this customer-deployed…
This paper proposes a framework for fairly curtailing photovoltaic (PV) plants in response to the over-voltage problem in PV-rich distribution networks. The framework imposes PV generation limits to avoid overvoltages. These limits are…