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Cross-border Electric Interconnection towards renewables is a promising solution for electric sector under the UN 2030 sustainable development goals which is widely promoted in emerging economies. This paper comprehensively investigates…
The European Union Emission Trading Scheme (EU ETS) is a cornerstone of the EU's strategy to fight climate change and an important device for plummeting greenhouse gas (GHG) emissions in an economically efficient manner. The power industry…
Voltage regulation in distribution networks is challenged by increasing penetration of distributed energy resources (DERs). Thanks to advancement in power electronics, these DERs can be leveraged to regulate the grid voltage by quickly…
With the increasing integration of power plants into the frequency-regulation markets, the importance of optimal trading has grown substantially. This paper conducts an in-depth analysis of their optimal trading behavior in sequential…
Spot electricity markets are considered under a Game-Theoretic framework, where risk averse players submit orders to the market clearing mechanism to maximise their own utility. Consistent with the current practice in Europe, the market…
Constructing a power network model for geomagnetically induced current (GIC) calculations requires information on the DC resistances of elements within a network. This information is often not known, and power network models are simplified…
Integrating renewable energy production into the electricity grid is an important policy goal to address climate change. However, such an integration faces economic and technological challenges. As power generation by renewable sources…
Coordination of distributed energy resources is critical for electricity grid management. Although nodal pricing schemes can mitigate congestion and voltage deviations, the resulting prices are not necessarily equitable. In this work, we…
Geomagnetically induced currents (GICs) are a well-known terrestrial space weather hazard. They occur in power transmission networks and are known to have adverse effects in both high and mid-latitude countries. Here, we study GICs in the…
The cost competitiveness of green hydrogen production via electrolysis presents a significant challenge for its large-scale adoption. One potential solution to make electrolyzers profitable is to diversify their products and participate in…
Improving distribution grid reliability is a major challenge for planning and operation of distribution systems having a high share of distributed generators (DGs). The rise of DGs share can lead to unplanned contingencies while on the…
The increasing integration of renewable energy sources and distributed energy resources (DER) into modern power systems introduces significant uncertainty, posing challenges for maintaining grid flexibility and reliability. Hybrid energy…
Motivated by the increasing integration among electricity markets, in this paper we propose two different methods to incorporate market integration in electricity price forecasting and to improve the predictive performance. First, we…
Due to the increasing concern for greenhouse gas emissions and fossil fuel security, electric vehicles (EVs) have attracted much attention in recent years. EVs can aggregate together constituting the vehicle-to-grid system. Coordination of…
To reach ambitious European CO$_2$ emission reduction targets, most scenarios of future European electricity systems rely on large shares of wind and solar photovoltaic power generation. We interpolate between two concepts for balancing the…
To address the economical dispatch problem without communications in islanded AC microgrids consisting of cascaded inverters, this paper proposes an optimal decentralized economical-sharing scheme. In proposed scheme, optimal sharing…
Aggregators are playing an increasingly crucial role in the integration of renewable generation in power systems. However, the intermittent nature of renewable generation makes market interactions of aggregators difficult to monitor and…
Grid edge resources refer to distributed energy resources (DERs) located on the consumer side of the electrical grid, controlled by consumers rather than utility companies. Integrating DERs with real-time electricity pricing can better…
To accommodate the advent of microgrids (MG) managing distributed energy resources (DER) in distribution systems, an interactive two-stage joint retail electricity market mechanism is proposed to provide an effective platform for these…
The integration of distributed energy resources (DERs) into wholesale energy markets can greatly enhance grid flexibility, improve market efficiency, and contribute to a more sustainable energy future. As DERs -- such as solar PV panels and…