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The latest financial crisis has painfully revealed the dangers arising from a globally interconnected financial system. Conventional approaches based on the notion of the existence of equilibrium and those which rely on statistical…

Trading and Market Microstructure · Quantitative Finance 2019-12-12 V. Sasidevan , Nils Bertschinger

Transient stability assessment of power systems needs to account for increased risk from uncertainties due to the integration of renewables and distributed generators. The uncertain operating condition of the power grid hinders reliable…

Dynamical Systems · Mathematics 2017-05-04 Dongchan Lee , Konstantin Turitsyn

Electricity price forecasting has become a critical tool for decision-making in energy markets, particularly as the increasing penetration of renewable energy introduces greater volatility and uncertainty. Historically, research in this…

Statistical Finance · Quantitative Finance 2025-11-11 Ciaran O'Connor , Mohamed Bahloul , Steven Prestwich , Andrea Visentin

Electrical power grids are vulnerable to cascading failures that can lead to large blackouts. Detection and prevention of cascading failures in power grids is impor- tant. Currently, grid operators mainly monitor the state (loading level)…

Physics and Society · Physics 2015-07-20 Martijn Warnier , Stefan Dulman , Yakup Koç , Eric Pauwels

This paper demonstrates the concept of probabilistic stability assessment on large-signal stability in the use case of short circuits in an active distribution grid. Here, the concept of survivability is applied, which extends classical…

Systems and Control · Electrical Eng. & Systems 2021-06-18 Sebastian Liemann , Lia Strenge , Paul Schultz , Holm Hinners , Johannis Porst , Marcel Sarstedt , Frank Hellmann

In this paper, we propose an energy-based method for the transient stability analysis of a power system transmission switching event. In this method the exit point of pseudo-fault trajectory is used to determine a relevant controlling…

Signal Processing · Electrical Eng. & Systems 2018-02-14 Robert Owusu-Mireku , Hsiao-Dong Chiang

Power systems are critical infrastructure for reliable and secure electric energy delivery. Incidents are increasing, as unexpected multiple hazards ranging from natural disasters to cyberattacks threaten the security and functionality of…

Systems and Control · Electrical Eng. & Systems 2023-10-03 Hao Huang , Zeyu Mao , Varuneswara Panyam , Astrid Layton , Katherine Davis

Voltage instability is a major threat in power system operation. The growing presence of constant power loads significantly aggravates this issue, hence motivating the development of new analysis methods for both existence and stability of…

Systems and Control · Computer Science 2018-09-24 Alexey S. Matveev , Juan E. Machado , Romeo Ortega , Johannes Schiffer , Anton Pyrkin

Grid forming control applied to power converters that interface storage or renewable generation to the power grid, has been identified as a potential solution to facilitate a substantial share of converter-based renewable generation in the…

Systems and Control · Electrical Eng. & Systems 2021-06-28 Kanakesh Vatta Kkuni , Guangya Yang

A precise estimation of the Rate of Change of Frequency (RoCoF) is crucial for secure power system operation. In fact, RoCoF is strictly related to the amount of the available physical and/or virtual inertia of the system and the severity…

Systems and Control · Electrical Eng. & Systems 2025-11-06 Gutierrez-Florensa , F. Sanniti , D. Tedeschi , L. Sigrist , A. Ortega , F. Milano

The rising demand of computing power leads to the installation of a large number of Data Centers (DCs). Their Fault-Ride-Through (FRT) behavior and their unique power characteristics, especially for DCs catered to Artificial Intelligence…

Systems and Control · Electrical Eng. & Systems 2025-05-23 Alberto Jimenez-Ruiz , Federico Milano

The development of larger Offshore Wind Power Plants (OWPPs) is moving towards multi-vendor setups, ultimately aiming to establish Energy hubs. These structures are characterized by installations from different vendors sharing the same…

Systems and Control · Electrical Eng. & Systems 2025-04-25 Germano R. Mugambi , Nicolae Darii , Hesam Khazraj , Oscar S. Romano , Alin G. Raducu , Ranjan Sharma , Nicolaos A. Cutululis

Analyzing system trajectory from the perspective of individual machines provides a distinctive angle to analyze the transient stability of power systems. This two-paper series propose a direct-time-domain method that is based on the…

Signal Processing · Electrical Eng. & Systems 2017-12-05 Songyan Wang , Non-member , Jilai Yu , Wei Zhang

Many systems on our planet are known to shift abruptly and irreversibly from one state to another when they are forced across a "tipping point," such as mass extinctions in ecological networks, cascading failures in infrastructure systems,…

Quantitative Methods · Quantitative Biology 2022-05-23 Xueming Liu , Daqing Li , Manqing Ma , Boleslaw K. Szymanski , H Eugene Stanley , Jianxi Gao

With increasing penetration of renewable energy and active consumers, control and management of power distribution networks has become challenging. Renewable energy sources can cause random voltage fluctuations as their output power depends…

Systems and Control · Electrical Eng. & Systems 2020-08-26 Mohammad Abujubbeh , Sai Munikoti , Balasubramaniam Natarajan

In the design flow of integrated circuits, chip-level verification is an important step that sanity checks the performance is as expected. Power grid verification is one of the most expensive and time-consuming steps of chip-level…

Other Computer Science · Computer Science 2015-07-09 Jim Jing-Yan Wang , Lan Yang , Jingbin Wang , Lorenzo Azevedo

We propose a framework employing stochastic differential equations to facilitate the long-term stability analysis of power grids with intermittent wind power generations. This framework takes into account the discrete dynamics which play a…

Systems and Control · Computer Science 2017-03-10 Xiaozhe Wang , Tao Wang , Hsiao-Dong Chiang , Jianhui Wang , Hui Liu

Operational flexibility is an important property of electric power systems and plays a crucial role for the transition of today's power systems, many of them based on fossil fuels, towards power systems that can efficiently accommodate high…

Optimization and Control · Mathematics 2014-07-29 Andreas Ulbig , Göran Andersson

Analysis of transient stability of strongly nonlinear post-fault dynamics is one of the most computationally challenging parts of Dynamic Security Assessment. This paper proposes a novel approach for assessment of transient stability of the…

Systems and Control · Computer Science 2017-11-01 Thanh Long Vu , Konstantin Turitsyn

Dynamic security analysis is an important problem of power systems on ensuring safe operation and stable power supply even when certain faults occur. No matter such faults are caused by vulnerabilities of system components, physical…

Systems and Control · Computer Science 2018-11-09 Qiang Wu , T. John Koo , Yoshihiko Susuki