Related papers: Modeling and Analysis of Utilizing Cryptocurrency …
In smart grid, the demand side management (DSM) techniques need to be designed to process a large number of controllable loads of several types. In this paper, we proposed a framework to study the demand side management in smart grid which…
Harnessing the demand-side flexibility in building and mobility sectors can help to better integrate renewable energy into power systems and reduce global CO2 emissions. Enabling this sector coupling can be achieved with advances in energy…
Carbon footprint reduction can be achieved through various methods, including the adoption of renewable energy sources. The installation of such sources, like photovoltaic panels, while environmentally beneficial, is cost-prohibitive for…
Bitcoin mining is regularly pointed out for its massive energy consumption and associated greenhouse gas emissions, hence contributing significantly to climate change. However, most studies ignore the environmental impacts of producing…
Investments in cryptocurrencies (CCs) remain risky due to high volatility. Exchange Traded Funds (ETFs) are a suitable tool to diversify risk and to benefit from the growth of the whole CC sector. We construct an ETF on the CRIX, the…
In many power grids, a large portion of the energy costs for commercial and industrial consumers are set with reference to the coincident peak load, the demand during the maximum system-wide peak, and their own maximum peak load, the…
Cloud elasticity - the ability to use as much resources as needed at any given time - and low cost - a user pays only for the resources it consumes - represent solid incentives for many organizations to migrate some of their computational…
There is an intrinsic value in higher integration of multi-carrier energy systems (especially gas and electricity), to increase operational flexibility in the electricity system and to improve allocation of resources in gas and electricity…
The uncertainty in the power supply due to fluctuating Renewable Energy Sources (RES) has severe (financial and other) implications for energy market players. In this paper, we present a device-level Demand Response (DR) scheme that…
The topological structure of the power grid plays a key role in the reliable delivery of electricity and price settlement in the electricity market. Incorporation of new energy sources and loads into the grid over time has led to its…
Our increasing reliance on the cloud has led to the emergence of scale-out workloads. These scale-out workloads are latency-sensitive as they are user driven. In order to meet strict latency constraints, they require massive computing…
We propose an enhancement to wholesale electricity markets whereby the exposure of consumers to increasingly large and volatile consumer payments arising as a byproduct of volatile real-time net loads -- i.e., loads minus renewable outputs…
Demand response is a crucial technology to allow large-scale penetration of intermittent renewable energy sources in the electric grid. This paper is based on the thesis that datacenters represent especially attractive candidates for…
Most current assessments use ex post proxies that miss uncertainty and fail to consistently capture the rapid change in bitcoin mining. We introduce a unified, ex ante statistical model that derives expected return, downside risk, and…
Increasing demand for computing has lead to the development of large-scale, highly optimized data centers, which represent large loads in the electric power network. Many major computing and internet companies operate multiple data centers…
We study an electricity market clearing formulation that seeks to remunerate spatio-temporal, load-shifting flexibility provided by data centers (DaCes). Load-shifting flexibility is a key asset for power grid operators as they aim to…
Currently, system operators implement demand response by dispatching controllable loads for economic reasons in day-ahead scheduling. Particularly, demand shifting from peak hours when the cost of electricity is higher to non-peak hours to…
Data centers (DCs) can help decarbonize the power grid by helping absorb renewable power (e.g., wind and solar) due to their ability to shift power loads across space and time. However, to harness such load-shifting flexibility, it is…
Our nation's infrastructure for generating, transmitting, and distributing electricity - "The Grid" - is a relic based in many respects on century-old technology. It consists of expensive, centralized generation via large plants, and a…
The emerging interest in deployment of renewable energy resources (RESs) in smart system represents a great challenge to both system planners and owners of Microgrids (MGs) operators. In this regard, we propose a Tri-level power market…