Related papers: Peer-to-Peer Basis Risk Management for Renewable P…
Designing controllers for systems affected by model uncertainty can prove to be a challenge, especially when seeking the optimal compromise between the conflicting goals of identification and control. This trade-off is explicitly taken into…
Energy production using renewable sources exhibits inherent uncertainties due to their intermittent nature. Nevertheless, the unified European energy market promotes the increasing penetration of renewable energy sources (RES) by the…
Distribution grid reliability and resilience has become a major topic of concern for utilities and their regulators. In particular, with the increase in severity of extreme events, utilities are considering major investments in distribution…
This paper analyzes the impact of production forecast errors on the expansion planning of a power system and investigates the influence of market design to facilitate the integration of renewable generation. For this purpose, we propose a…
We propose a fully probabilistic prediction model for spatially aggregated solar photovoltaic (PV) power production at an hourly time scale with lead times up to several days using weather forecasts from numerical weather prediction systems…
In peer-to-peer (P2P) energy trading, a secured infrastructure is required to manage trade and record monetary transactions. A central server/authority can be used for this. But there is a risk of central authority influencing the energy…
Urban energy systems face increasing challenges due to high penetration of renewable energy sources, extreme weather events, and other high-impact, low-probability disruptions. This project proposes a community-centered, open-access…
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,…
As variable renewable energy sources comprise a growing share of total electricity generation, energy storage technologies are becoming increasingly critical for balancing energy generation and demand. In this study, we modeled an existing…
While peer-to-peer energy trading has the potential to harness the capabilities of small-scale energy resources, a peer-matching process often overlooks power grid conditions, yielding increased losses, line congestion, and voltage…
This paper presents a method to handle renewable source and load uncertainties in Dynamic Day-ahead Optimal Power Flow (DA-OPF) using post-optimal analysis of linear programming problem. The method does not require the uncertainty…
Today, power waste is one of the most crucial problems which power stations across the world are facing. One of the recent trends of the energy system is the lean management technique. When lean management is indicated by the system,…
We study risk-aware linear policy approximations for the optimal operation of an energy system with stochastic wind power, storage, and limited fuel. The resulting problem is a sequential decision-making problem with rolling forecasts. In…
Peer-to-Peer (P2P) energy trading can facilitate integration of a large number of small-scale producers and consumers into energy markets. Decentralized management of these new market participants is challenging in terms of market…
The operational flexibility of industrial power-to-hydrogen (P2H) plants enables admittance of volatile renewable power and provides auxiliary regulatory services for the power grid. Aiming to extend the flexibility of the P2H plant…
With the ongoing transition of electricity markets worldwide from hourly to intra-hourly bidding, market participants--especially Renewable Energy Sources (RES)--gain improved opportunities to adjust energy and reserve schedules and to…
Agent-based solutions lend themselves well to address privacy concerns and the computational scalability needs of future distributed electric grids and end-use energy exchanges. Decentralized decision-making methods are the key to enabling…
Distribution microgrids are being challenged by reverse power flows and voltage fluctuations due to renewable generation, demand response, and electric vehicles. Advances in photovoltaic (PV) inverters offer new opportunities for reactive…
The integration of renewable energy resources in rural areas, such as dairy farming communities, enables decentralized energy management through Peer-to-Peer (P2P) energy trading. This research highlights the role of P2P trading in…
Distributed generation, based on the exploitation of Renewable Energy Sources (RES), has increased in the last few decades to limit anthropogenic carbon dioxide emissions, and this trend will increase in the future. However, RES generation…