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Tackling climate change requires the rapid and deep decarbonization of electric power systems. While energy management systems (EMSs) play a central role in this transition, conventional EMSs focus mainly on economic efficiency and often…
Decarbonizing global energy systems requires extensive integration of renewable energy into the electric grid. However, the intermittency and variable nature of wind and other non-dispatchable renewable resources make integration a great…
In a commodity market, revenue adequate prices refer to compensations that ensure that a market participant has a non-negative profit. In this article, we study the problem of deriving revenue adequate prices for an electricity…
This work considers energy management in a grid-connected microgrid which consists of multiple conventional generators (CGs), renewable generators (RGs) and energy storage systems (ESSs). A two-stage optimization approach is presented to…
One of the major issues with the integration of renewable energy sources into the power grid is the increased uncertainty and variability that they bring. If this uncertainty is not sufficiently addressed, it will limit the further…
The increasing number of electric vehicles (EVs) has led to the need for installing public electric vehicle charging stations (EVCS) to facilitate ease of use and to support users who do not have the option of residential charging. The…
Risk analysis is currently not quantified in microgrid resource scheduling optimization. This paper conducts a conditional value at risk (cVaR) analysis on a grid-disconnected residential microgrid with distributed energy resources (DER).…
Compared with large-scale physical batteries, aggregated and coordinated generic energy storage (GES) resources provide low-cost, but uncertain, flexibility for power grid operations. While GES can be characterized by different types of…
With the sustained attention on carbon neutrality, the personal carbon trading (PCT) scheme has been embraced as an auspicious paradigm for scaling down carbon emissions. To facilitate the simultaneous clearance of energy and carbon…
Advantages of electric vehicles (EV) include reduction of greenhouse gas and other emissions, energy security, and fuel economy. The societal benefits of large-scale adoption of EVs cannot be realized without adequate deployment of publicly…
The trending integrations of Battery Energy Storage System (BESS, stationary battery) and Electric Vehicles (EV, mobile battery) to distribution grids call for advanced Demand Side Management (DSM) technique that addresses the scalability…
This paper proposes a novel hierarchically coordinated energy management system (EMS) for a regional community (e.g., residential area, campus, industrial park, etc.) comprising multiple small-scale microgrids (MGs) (e.g., houses,…
While wind and solar power contribute to sustainability, their intermittent nature poses challenges when integrated into the grid. To mitigate these issues, renewable energy can be combined with coal fired power and hydropower sources to…
To decarbonize the economy, many governments have set targets for the use of renewable energy sources. These are often formulated as relative shares of electricity demand or supply. Implementing respective constraints in energy models is a…
Smart grids technologies are enablers of new business models for domestic consumers with local flexibility (generation, loads, storage) and where access to data is a key requirement in the value stream. However, legislation on personal data…
In order to foster electric vehicle (EV) adoption, there is a strong need for designing and developing charging stations that can accommodate different customer classes, distinguished by their charging preferences, needs, and technologies.…
Accurate load forecasting serves as the foundation for the flexible operation of multi-energy systems (MES). Multi-energy loads are tightly coupled and exhibit significant uncertainties. Many works focus on enhancing forecasting accuracy by…
The regulations regarding the Paris Agreement are planned to be adapted soon to keep the global temperature rise within 2 0C. Additionally, integrating renewable energy-based equipment and adopting new ways of producing energy resources,…
Efficiently accommodating uncertain renewable resources in wholesale electricity markets is among the foremost priorities of market regulators in the US, UK and EU nations. However, existing deterministic market designs fail to internalize…
The increasing need for energy storage solutions to balance variable renewable energy sources has highlighted the potential of Pumped Thermal Electricity Storage (PTES). In this paper, we investigate the trade-offs between model accuracy…