Related papers: Modeling Demand Flexibility of RES-based Virtual P…
In the Day-Ahead (DA) market, suppliers sell and load-serving entities (LSEs) purchase energy commitments, with both sides adjusting for imbalances between contracted and actual deliveries in the Real-Time (RT) market. We develop a supply…
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),…
We present a novel grid-forming control design approach for dynamic virtual power plants (DVPP). We consider a group of heterogeneous grid-forming distributed energy resources (DER) which collectively provide desired dynamic ancillary…
Flexibility in power demand, diverse usage patterns and storage capability of plug-in electric vehicles (PEVs) grow the elasticity of residential electricity demand remarkably. This elasticity can be utilized to form the daily aggregated…
As pressures to decarbonize the electricity grid increase, the grid edge is witnessing a rapid adoption of distributed and renewable generation. As a result, traditional methods for reactive power management and compensation may become…
The rapid integration of inverter-based resources (IBRs) into power systems has identified frequency security challenges due to reduced inertia and increased load volatility. This paper proposes a robust power reserve decision-making…
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…
With the increased penetration of intermittent renewable energy sources (RESs) in future grids (FGs), balancing between supply and demand will become more dependent on demand response (DR) and energy storage. Thus, FG feasibility studies…
The declining provision of inertia by synchronous generators in modern power systems necessitates aggregating distributed energy resources (DERs) into virtual power plants (VPPs) to unlock their potential in delivering inertia and primary…
The paper proposes a framework for modeling and analysis of the dynamics of supply, demand, and clearing prices in power system with real-time retail pricing and information asymmetry. Real-time retail pricing is characterized by passing on…
Price elasticity model (PEM) is an appealing and modest model for assessing the potential of flexible demand in DR. It measures the customers demand sensitivity through elasticity in relation to price variation. However, application of PEM…
The growing integration of renewable energy sources necessitates adequate reserve capacity to maintain power balance. However, in market clearing, power companies with flexible resources may submit strategic bids to maximize profits,…
The increasing penetration of distributed energy resources has sparked interests in participating in power markets. Here, we consider two settings where Virtual Power Plants (VPPs) with some flexible resources participate in the electricity…
The deepening penetration of renewables in power systems has contributed to the increasing needs for generation scheduling flexibility. Specifically, for short-term operations, flexibility here indicates that sufficient ramp capacities…
Renewable sources are taking center stage in electricity generation. However, matching supply with demand in a renewable-rich system is a difficult task due to the intermittent nature of renewable resources (wind, solar, etc.). As a result,…
With a broad market of Distributed Energy Resource (DER) aggregated control solutions, technology investment and implementation decisions for electric utilities and grid operators need to consider complexity, cost, and performance. This…
Demand-side management presents significant benefits in reducing the energy load in smart grids by balancing consumption demands or including energy generation and/or storage devices in the user's side. These techniques coordinate the…
The aggregate demand flexibility of a set of thermostatically controlled residential loads (TCLs) can be represented by a virtual battery (VB) in order to manage their participation in the electricity markets. For this purpose, it is…
As the penetration level of distributed energy resources (DERs) continues to rise, traditional frequency and voltage support from synchronous machines declines. This weakens grid stability and increases the need for fast and adaptive…
Plug-in electric vehicles (PEVs) can significantly increase the elasticity of residential electricity demand. This elasticity can be employed to shape the daily aggregated electricity demand profile of a system comprised of a large number…