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The paradigm of P2P (peer-to-peer) economy has emerged in diverse areas. "P2P energy sharing" is a new form of P2P economy in the energy sector, which allows users to establish longer-term sharing arrangements of their local energy…

Computer Science and Game Theory · Computer Science 2023-03-03 Sid Chi-Kin Chau , Khaled Elbassioni , Yue Zhou

Reducing the peak energy consumption of households is essential for the effective use of renewable energy sources, in order to ensure that as much household demand as possible can be met by renewable sources. This entails spreading out the…

Multiagent Systems · Computer Science 2023-11-27 Nathan A. Brooks , Simon T. Powers , James M. Borg

In this paper, a distribution system operator (DSO) framework is proposed to optimally coordinate distributed energy resources (DER) aggregators' comprehensive participation in retail energy market as well as wholesale energy and regulation…

Systems and Control · Electrical Eng. & Systems 2020-06-15 Mohammad Mousavi , Meng Wu

The demand response provides an opportunity for load serving entities (LSEs) that operate retail electricity markets (REMs) to strategically purchase energy and provide reserves in wholesale electricity markets (WEMs). This paper concerns…

Optimization and Control · Mathematics 2020-06-09 Hanchen Xu , Kaiqing Zhang , Junbo Zhang

With increasing penetration of DERs in the distribution system, it is critical to design market structures that enable smooth integration of DERs. A hierarchical local electricity market (LEM) structure is proposed in this paper with a…

Optimization and Control · Mathematics 2024-10-28 Vineet Jagadeesan Nair , Venkatesh Venkataramanan , Rabab Haider , Anuradha Annaswamy

The new technologies emerging in the energy sector pose new requirements for both the regulation and operation of the electricity grid. Revised tariff structures and the introduction of local markets are two approaches that could tackle the…

Systems and Control · Electrical Eng. & Systems 2021-03-19 Bence Suto , Daniel Divenyi

In electrical distribution grids, the constantly increasing number of power generation devices based on renewables demands a transition from a centralized to a distributed generation paradigm. In fact, power injection from Distributed…

Systems and Control · Computer Science 2017-06-30 Riccardo Bonetto , Michele Rossi , Stefano Tomasin , Carlo Fischione

Dynamic operating envelopes (DOEs) offer an attractive solution for maintaining network integrity amidst increasing penetration of distributed energy resources (DERs) in low-voltage (LV) networks. Currently, the focus of DOEs primarily…

Systems and Control · Electrical Eng. & Systems 2023-11-28 Gayan Lankeshwara , Rahul Sharma , M. R. Alam , Ruifeng Yan , Tapan K. Saha

Distributed energy resources (DERs) are transforming power networks, challenging traditional operational methods, and requiring new coordination mechanisms. To address this challenge, this paper introduces SecuLEx (Secure Limit Exchange), a…

We study optimal behavior of energy producers under a CO_2 emission abatement program. We focus on a two-player discrete-time model where each producer is sequentially optimizing her emission and production schedules. The game-theoretic…

Optimization and Control · Mathematics 2010-08-24 Michael Ludkovski

Recent regulation on intraday electricity markets has led to the development of shared order books with the intention to foster competition and increase market liquidity. In this paper, we address the question of the efficiency of such…

Trading and Market Microstructure · Quantitative Finance 2025-09-15 René Aïd , Philippe Bergault , Mathieu Rosenbaum

In this paper, a green wireless communication system in which base stations are powered by renewable energy sources is considered. This system consists of a capacity-constrained renewable power supplier (RPS) and a base station (BS) that…

Networking and Internet Architecture · Computer Science 2015-06-22 Dapeng Li , Walid Saad , Ismail Guvenc , Abolfazl Mehbodniya , Fumiyuki Adachi

In this paper a unifying energy-based approach is provided to the modeling and stability analysis of power systems coupled with market dynamics. We consider a standard model of the power network with a third-order model for the synchronous…

Optimization and Control · Mathematics 2016-07-28 Tjerk Stegink , Claudio De Persis , Arjan van der Schaft

This paper proposes a peer-to-peer energy trading scheme that can help the centralized power system to reduce the total electricity demand of its customers at the peak hour. To do so, a cooperative Stackelberg game is formulated, in which…

Systems and Control · Electrical Eng. & Systems 2019-08-27 Wayes Tushar , Tapan Kumar Saha , Chau Yuen , Thomas Morstyn , Nahid-Al-Masood , H. Vincent Poor , Richard Bean

In this paper, a framework is proposed to coordinate the operation of the independent system operator (ISO) and distribution system operator (DSO) to leverage the wholesale market participation of distributed energy resources (DERs)…

Systems and Control · Electrical Eng. & Systems 2022-01-20 Mohammad Mousavi , Meng Wu

The growing electricity demand and use of smart appliances are placing pressure on power grids, making efficient energy management more important than ever. The existing energy management systems often prioritize system efficiency (balanced…

Multiagent Systems · Computer Science 2026-02-05 Rabiya Khalid , Evangelos Pournaras

This paper proposes a decentralized energy management (DEM) strategy for a network of local microgrids, providing economically balanced energy schedules for all participating microgrids. The proposed DEM strategy can preserve the privacy of…

Systems and Control · Electrical Eng. & Systems 2023-04-10 Jesus Silva-Rodriguez , Xingpeng Li

Increasing wind turbines (WT) penetration and low carbon demand can potentially lead to two different flow peaks, generation and load, within distribution networks. This will not only constrain WT penetration but also pose serious threats…

Optimization and Control · Mathematics 2018-02-13 Xiao Yanchi , Bruce Vargas , Mohammd Hamdi

Within the context of renewable energy communities, this paper focuses on optimal operation of producers equipped with energy storage systems in the presence of demand response. A novel strategy for optimal scheduling of the storage systems…

Optimization and Control · Mathematics 2025-03-11 Gianni Bianchini , Marco Casini , Milad Gholami

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…

Systems and Control · Electrical Eng. & Systems 2023-01-31 Yuanxi Wu , Zhi Wu , Wei Gu , Zheng Xu , Shu Zheng , Qirun Sun