Related papers: Cost Allocation for Inertia and Frequency Response…
The increase of renewables in the grid and the volatility of the load create uncertainties in the day-ahead prices of electricity markets. Adaptive robust optimization (ARO) and stochastic optimization have been used to make commitment and…
As renewable energy penetration increases and system inertia levels drop, primary frequency control is becoming a critical concern in relatively small interconnections such as the Electric Reliability Council of Texas (ERCOT). To address…
The surge in generative AI workloads has created a need for scalable inference systems that can flexibly harness both GPUs and specialized accelerators while containing operational costs. This paper proposes a hardware-agnostic control loop…
The increasing integration of renewable energy sources exacerbates the spatial and temporal differences in frequency across the power system, posing a serious challenge to the accurate and efficient assessment of system frequency security.…
The large-scale integration of distributed renewable energy sources into the electricity grid requires the investigation of new methods to ensure stability. For example, Active Distribution Networks (ADNs) can be used at (sub-) transmission…
Frequency control following a contingency event is of vital concern in power system operations. Leveraging inverter-based resources, it is not hard to shape the center of inertia (COI) frequency nicely. However, under weak grid conditions,…
Nowadays, power system inertia is changing as a consequence of replacing conventional units by renewable energy sources, mainly wind and PV power plants. This fact affects significantly the grid frequency response under power imbalances. As…
This paper addresses one of the most challenging issues in designing an efficient and sustainable ridesharing service: ridesharing market design. We formulate it as a fair cost allocation problem through the lens of the cooperative game…
Frequency control rebalances supply and demand while maintaining the network state within operational margins. It is implemented using fast ramping reserves that are expensive and wasteful, and which are expected to grow with the increasing…
As the proportion of variable inverter-based renewable energy generation in electricity systems increases from a minority to the majority of total supply, the complexity and cost of providing ancillary system services increases in parallel.…
Electricity storage is used for intertemporal price arbitrage and for ancillary services that balance unforeseen supply and demand fluctuations via frequency regulation. We present an optimization model that computes bids for both arbitrage…
Pricing and settlement mechanisms are crucial for efficient re-source allocation, investment incentives, market competition, and regulatory oversight. In the United States, Regional Transmission Operators (RTOs) adopts a uniform pricing…
This paper evaluates the frequency performance of an AC system when primary frequency response is provided by inverter-based resources located at remote-areas. Due to potentially larger wave propagation constants over longer lines, fast…
We study the problem of decentralized secondary frequency regulation in power networks where ancillary services are provided via on-off load-side participation. We initially consider on-off loads that switch when prescribed frequency…
This paper proposes a novel formulation of effective regional inertia that explicitly accounts for both system topology and the spatial distribution of inertia. Unlike traditional approaches that model a region as an aggregated machine with…
One of the main responsibilities of a Transmission System Operator (TSO) operating an electric grid is to maintain a designated frequency (e.g., 50 Hz in Europe). To achieve this, TSOs have created several products called…
Serverless computing has emerged as a market-dominant paradigm in modern cloud computing, benefiting both cloud providers and tenants. While service providers can optimize their machine utilization, tenants only need to pay for the…
Modern power systems with high share of renewable generation are at the risk of rapid changes in frequency and inertia resulting from contingencies. The importance of an accurate assessment of system and load relief, as well as frequency…
This paper studies how to aggregate prosumers (or large consumers) and their collective decisions in electricity markets, with a focus on fairness. Fairness is essential for prosumers to participate in aggregation schemes. Some prosumers…
Some consumers, particularly households, are unwilling to face volatile electricity prices, and they can perceive as unfair price differentiation in the same local area. For these reasons, nodal prices in distribution networks are rarely…