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The provision of renewable electricity is the foundation for a sustainable future. To achieve the goal of sustainable renewable energy, Battery Energy Storage Systems (BESS) could play a key role to counteract the intermittency of solar and…

Trading and Market Microstructure · Quantitative Finance 2025-09-29 Luis van Sandbergen

To enhance the reliability of Integrated Energy Systems (IESs) and address the research gap in reliability-based planning methods, this paper proposes a two-stage robust planning model specifically for park-level IESs. The proposed planning…

Systems and Control · Electrical Eng. & Systems 2024-10-14 Zuxun Xiong , Xinwei Shen , Hongbin Sun

This paper proposes a market mechanism for multi-interval electricity markets with generator and storage participants. Drawing ideas from supply function bidding, we introduce a novel bid structure for storage participation that allows…

Optimization and Control · Mathematics 2021-10-18 Rajni Kant Bansal , Pengcheng You , Dennice F. Gayme , Enrique Mallada

Energy storage (ES) and virtual energy storage (VES) are key components to realizing power system decarbonization. Although ES and VES have been proven to deliver various types of grid services, little work has so far provided a…

Systems and Control · Electrical Eng. & Systems 2026-05-08 Ning Qi , Peng Li , Lin Cheng , Ziyi Zhang , Wenrui Huang , Weiwei Yang

Residential electric vehicle charging causes large spikes in electricity demand that risk violating neighborhood transformer power limits. Battery energy storage systems reduce these transformer limit violations, but operating them…

Systems and Control · Electrical Eng. & Systems 2025-06-06 Sonia Martin , Obidike Nnorom , Philip Levis , Ram Rajagopal

Electric vehicles (EVs) can be considered as flexible mobile battery storages in microgrids. For multiple microgrids in an area, coordinated scheduling on charging and discharging are required to avoid power exchange spikes between the…

Optimization and Control · Mathematics 2016-02-25 Dai Wang , Xiaohong Guan , Jiang Wu , Pan Li , Peng Zan , Hui Xu

Since the beginning of this century, there has been a growing body of research and developments supporting the participation of energy storage systems (ESS) in the emission reduction mandates. However, regardless of these efforts and…

Systems and Control · Electrical Eng. & Systems 2025-06-23 Haotian Yao , Vahid Hakimian , Mostafa Farrokhabadi , Hamidreza Zareipour

Renewable energy brings huge uncertainties to the power system, which challenges the traditional power system operation with limited flexible resources. One promising solution is to introduce dynamic pricing to more consumers, which, if…

Systems and Control · Electrical Eng. & Systems 2019-11-19 Jiaman Wu , Zhiqi Wang , Yang Yu , Chenye Wu

The intermittent nature of the renewable energies increases the operation costs of conventional generators. As the share of energy supplied by renewable sources increases, these costs also increase. In this paper, we quantify these costs by…

Systems and Control · Computer Science 2018-02-26 Ashkan Zeinalzadeh , Donya Ghavidel , Vijay Gupta

We study a smart grid with wind power and battery storage. Traditionally, day-ahead planning aims to balance demand and wind power, yet actual wind conditions often deviate from forecasts. Short-term flexibility in storage and generation…

Systems and Control · Electrical Eng. & Systems 2022-12-08 Thom S. Badings , Arnd Hartmanns , Nils Jansen , Marnix Suilen

The U.S. electrical grid has undergone substantial transformation with increased penetration of wind and solar -- forms of variable renewable energy (VRE). Despite the benefits of VRE for decarbonization, it has garnered some controversy…

Large scale renewable energy integration is being planned for multiple power grids around the world. To achieve secure and stable grid operations, additional resources/reserves are needed to mitigate the inherent intermittency of renewable…

Systems and Control · Electrical Eng. & Systems 2020-04-21 Md Umar Hashmi , Deepjyoti Deka , Lucas Pereira , Ana Busic

Pursuing optimal power distribution in hybrid energy storage systems has always been the goal of researchers. Here, HESS is a combination of lithium battery and supercapacitor; this combination has been proven to effectively compensate for…

Systems and Control · Electrical Eng. & Systems 2020-11-11 Kai Lin

As climate change provides impetus for investing in smart cities, with electrified public transit systems, we consider electric public transportation buses in an urban area, which play a role in the power system operations in addition to…

Optimization and Control · Mathematics 2021-07-27 Mertcan Yetkin , Brandon R. Augustino , Alberto J. Lamadrid , Lawrence V. Snyder

To achieve ambitious greenhouse gas emission reduction targets in time, the planning of future energy systems needs to accommodate societal preferences, e.g. low levels of acceptance for transmission expansion or onshore wind turbines, and…

Physics and Society · Physics 2025-10-30 Fabian Neumann , Tom Brown

The electric power sector has seen an increased penetration of renewable energy sources (RESs) that could strain the system reliability due to their inherent uncertainties in availability and controllability. Effective load carrying…

Systems and Control · Electrical Eng. & Systems 2026-04-02 Ethan Cantor , Yinyin Ge , Hongxing Ye , Jie Li

Studies looking at electricity market designs for very high shares of wind and solar often conclude that the energy-only market will break down. Without fuel costs, it is said that there is nothing to set prices. Symptoms of breakdown…

General Economics · Economics 2025-10-29 Tom Brown , Fabian Neumann , Iegor Riepin

The close integration of increasing operating units into an integrated energy system (IES) results in complex interconnections between these units. The strong dynamic interactions create barriers to designing a successful distributed…

Systems and Control · Electrical Eng. & Systems 2023-05-10 Long Wu , Xunyuan Yin , Lei Pan , Jinfeng Liu

Renewable energy sources (RES) are close to grid parity compared with conventional generation. Therefore, it is important to consider proper costs to assess the economics instead of technological aspects only. While some scholars are in the…

Physics and Society · Physics 2017-09-13 Groissböck Markus , Gusmao Alexandre

As renewable energy integration increases supply variability, battery energy storage systems (BESS) present a viable solution for balancing supply and demand. This paper proposes a novel approach for optimizing battery BESS participation in…

Computational Finance · Quantitative Finance 2025-10-06 Yiming Zhang , Wolfgang Ridinger , David Wozabal