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The transition to a sustainable energy supply challenges the operation of electric power systems in manifold ways. Transmission grid loads increase as wind and solar power are often installed far away from the consumers. In extreme cases,…

Systems and Control · Electrical Eng. & Systems 2023-07-25 Maurizio Titz , Sebastian Pütz , Dirk Witthaut

The advent of intelligent agents who produce and consume energy by themselves has led the smart grid into the era of "prosumer", offering the energy system and customers a unique opportunity to revaluate/trade their spot energy via a…

Optimization and Control · Mathematics 2019-06-25 Yue Chen , Shengwei Mei , Wei Wei , Steven H. Low , Adam Wierman , Feng Liu

Distributed solar photovoltaic (PV) systems are projected to be a key contributor to future energy landscape, but are often poorly represented in energy models due to their distributed nature. They have higher costs compared to utility PV,…

Physics and Society · Physics 2023-07-20 Parisa Rahdan , Elisabeth Zeyen , Cristobal Gallego-Castillo , Marta Victoria

Recent trends express the impact of prosumers and small energy resources and storages in distribution systems, due to the increasing uptake of renewable resources. This research studies the effect of coordination of distributed resources…

Optimization and Control · Mathematics 2021-05-24 Amir Noori , Babak Tavassoli , Alireza Fereidunian

The possibilities to involve small-scale prosumers for ancillary services in the distribution grid through aggregators and local flexibility markets question whether it is profitable for prosumers to oversize proactively. In this analysis,…

Systems and Control · Electrical Eng. & Systems 2021-11-23 Babu Kumaran Nalini , Michel Zade , Zhengjie You , Peter Tzscheutschler , Ulrich Wagner

This paper investigates the relationship between grid tariffs and investment in Zero Emission Neighborhoods (ZEN) energy system, and how the grid exchanges are affected. Different grid tariffs (energy based, time of use (ToU), subscribed…

Signal Processing · Electrical Eng. & Systems 2019-09-12 Dimitri Pinel , Sigurd Bjarghov , Magnus Korpås

Ongoing reductions in the cost of solar photovoltaic (PV) systems are driving their increased installations by residential households. Various incentive programs such as feed-in tariff, net metering, net purchase and sale that allow the…

Systems and Control · Computer Science 2018-07-03 Pratyush Chakraborty , Enrique Baeyens , Pramod P. Khargonekar , Kameshwar Poolla , Pravin Varaiya

In a dynamic distribution market environment, residential prosumers with solar power generation and battery energy storage devices can flexibly interact with the power grid via power exchange. Providing a schedule of this bidirectional…

Systems and Control · Electrical Eng. & Systems 2023-09-19 Yang Li , D. Mahinda Vilathgamuwa , Daniel E. Quevedo , Chih Feng Lee , Changfu Zou

While the importance of peer influences has been demonstrated in several studies, little is known about the underlying mechanisms of active peer effects in residential photovoltaic (PV) diffusion. Empirical evidence indicates that the…

General Economics · Economics 2021-05-04 Fabian Scheller , Sören Graupner , James Edwards , Jann Weinand , Thomas Bruckner

The current governance process to plan the German energy system omits two options to substitute grid expansion: First, placing renewables closer to demand instead of where site conditions are best. Second, utilizing storage instead of…

Physics and Society · Physics 2022-12-21 Leonard Göke , Mario Kendziorski , Claudia Kemfert , Christian von Hirschhausen

Intraday electricity markets play an increasingly important role in balancing the intermittent generation of renewable energy resources, which creates a need for accurate probabilistic price forecasts. However, research to date has focused…

Statistical Finance · Quantitative Finance 2025-04-15 Simon Hirsch , Florian Ziel

The deployment of distributed energy resources, combined with a more proactive demand side, is inducing a new paradigm in power system operation and electricity markets. Within a consumer-centric market framework, peer-to-peer approaches…

Systems and Control · Computer Science 2018-03-07 T. Baroche , P. Pinson , R. Le Goff Latimier. , H. Ben Ahmed

The recent widespread adoption of rooftop solar backed by battery storage is enabling energy customers to both produce and consume electricity (i.e., prosumers of electricity). To facilitate prosumer participation in the electric grid, new…

Systems and Control · Electrical Eng. & Systems 2025-06-25 Zeinab Salehi , Yijun Chen , Ian R. Petersen , Guodong Shi , Duncan S. Callaway , Elizabeth L. Ratnam

During the last years, European intraday power markets have gained importance for balancing forecast errors due to the rising volumes of intermittent renewable generation. However, compared to day-ahead markets, the drivers for the intraday…

Statistical Finance · Quantitative Finance 2023-10-06 Simon Hirsch , Florian Ziel

The conventional electricity grid system has many critical issues, which could lead to power instability, blackout, and many other issues. One main perspective is to consume the relative amount of distributed renewable energy in the…

Physics and Society · Physics 2020-02-17 Kaung Si Thu , Min Set Aung , Weerakorn Ongsakul , Nimal Madhu Manjiparambil

This research article explores potential influencing factors of solar photovoltaic (PV) system adoption by municipal authorities in Germany in the year 2019. We derive seven hypothesized relationships from the empirical literature on…

General Economics · Economics 2022-12-13 Maren Springsklee , Fabian Scheller

The average revenue, or market value, of wind and solar energy tends to fall with increasing market shares, as is now evident across European electricity markets. At the same time, these markets have become more interconnected. In this…

Econometrics · Economics 2024-05-28 Clemens Stiewe , Alice Lixuan Xu , Anselm Eicke , Lion Hirth

While the potential for peer-to-peer electricity trading, where households trade surplus electricity with peers in a local energy market, is rapidly growing, the drivers of participation in this trading scheme have been understudied so far.…

General Economics · Economics 2021-09-07 Elena Georgarakis , Thomas Bauwens , Anne-Marie Pronk , Tarek AlSkaif

Reduced installation and operating costs give energy storage systems an opportunity to participate actively and profitably in electricity markets. In addition to providing ancillary services, energy storage systems can also arbitrage…

Optimization and Control · Mathematics 2017-02-17 Yishen Wang , Yury Dvorkin , Ricardo Fernández-Blanco , Bolun Xu , Daniel S. Kirschen

A high share of distributed photovoltaic (PV) generation in low-voltage networks may lead to over-voltage, and line/transformer overloading. To mitigate these issues, we investigate how advanced electricity tariffs could ensure safe grid…

Systems and Control · Electrical Eng. & Systems 2021-09-16 Jordan Holweger , Lionel Bloch , Christophe Ballif , Nicolas Wyrsch