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In response to increasing grid congestion in the Netherlands, non-firm connection and transport agreements (CTAs) and capacity restriction contracts (CRCs) have been introduced, allowing consumer curtailment in exchange for grid tariff…
The energy demand is growing daily at an accelerated pace due to the internationalization and development of civilization. Yet proper economic utilization of additional energy generated by the Islanded Hybrid Microgrid System (IHMS) that…
Policy makers are formulating offshore energy infrastructure plans, including wind turbines, electrolyzers, and HVDC transmission lines. An effective market design is crucial to guide cost-efficient investments and dispatch decisions. This…
Accurate short-term electricity price forecasting is crucial for strategically scheduling demand and generation bids in day-ahead markets. While data-driven techniques have shown considerable prowess in achieving high forecast accuracy in…
The energy sector is experiencing a paradigm shift with the swift adoption of distributed energy sources, renewables, electric vehicles, and an evolving consumer-utility relationship. This necessitates the strategic integration of advanced…
Electricity transmission expansion has suffered many delays in Europe in recent decades, despite its significance for integrating renewable electricity into the energy system. A hydrogen network which reuses the existing fossil gas network…
Power system operation is of vital importance and must be developed far beyond today's practice to meet future needs. Almost all European countries are facing an abrupt and very important increase of renewables with intrinsically varying…
Green hydrogen production via electrolysis is crucial for decarbonization but faces significant economic hurdles primarily due to the high cost of the electricity. However, current electrolyzer-based hydrogen production processes…
The rapid growth of distributed energy resources (DERs), including rooftop solar and energy storage, is transforming the grid edge, where distributed technologies and customer-side systems increasingly interact with the broader power grid.…
In this study, we develop a theoretical model of strategic equilibrium bidding and price-setting behaviour by heterogeneous and boundedly rational electricity producers and a grid operator in a single electricity market under uncertain…
This paper proposes a coordinated optimal scheduling model for hybrid AC/DC microgrids. The objective of the proposed model is to minimize the total microgrid operation cost when considering interactions between AC and DC sub-systems of the…
We propose using a hierarchical retail market structure to alert and dispatch resources to mitigate cyber-physical attacks on a distribution grid. We simulate attacks where a number of generation nodes in a distribution grid are attacked.…
The emerging paradigm of interconnected microgrids advocates energy trading or sharing among multiple microgrids. It helps make full use of the temporal availability of energy and diversity in operational costs when meeting various energy…
Over the past years, distributed energy resources (DER) have been the object of many studies, which recognise and establish their emerging role in the future of power systems. However, the implementation of many scenarios and mechanism are…
The rising share of volatile renewable generation increases the demand for flexibility in the electricity grid. Flexible capacity can be offered by industrial energy systems through participation on either the continuous intraday,…
In Electricity markets, illiquidity, transaction costs and market price characteristics prevent managers to replicate exactly contracts. A residual risk is always present and the hedging strategy depends on a risk criterion chosen. We…
High-voltage direct current (HVDC) technology has played a crucial role for long-distance transmission of renewable power generation. However, the integration of large-capacity HVDC lines introduces significant frequency security challenges…
In this paper, we propose networked microgrids to facilitate the integration of variable renewable generation and improve the economics and resiliency of electricity supply in microgrids. A new concept, probability of successful islanding…
Virtual energy stations (VESs) work as retailers to provide electricity and natural gas sale services for integrated energy systems (IESs), and guide IESs energy consumption behaviors to tackle the varying market prices via integrated…
In recent years, several studies conducted by both industry and U.S. Department of Energy (DOE)-funded initiatives have proposed linking North America's Eastern and Western Interconnections (EI and WI) through a multiterminal DC (MTDC)…