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200 papers

Over the past years, distributed energy resources (DER) have been the object of many studies, which recognise and establish their emerging role in the future of power systems. However, the implementation of many scenarios and mechanism are…

Systems and Control · Computer Science 2018-09-20 Jaysson Guerrero , Archie Chapman , Gregor Verbic

The European electricity power grid is transitioning towards renewable energy sources, characterized by an increasing share of off- and onshore wind and solar power. However, the weather dependency of these energy sources poses a challenge…

Machine Learning · Computer Science 2025-09-30 Felix Strnad , Jonathan Schmidt , Fabian Mockert , Philipp Hennig , Nicole Ludwig

A fully renewable European power system comes with a variety of problems. Most of them are linked to the intermittent nature of renewable generation from the sources of wind and photovoltaics. A possible solution to balance European…

Physics and Society · Physics 2017-12-08 Alexander Kies , Bruno Schyska , Lueder von Bremen

In 2013, TSOs from the Central European Region complained to the Agency for the Cooperation of Energy Regulators because of increasing unplanned flows that were presumed to be caused by a joint German-Austrian bidding zone in the European…

General Economics · Economics 2023-03-27 Theresa Graefe

The intraday (ID) electricity market has received an increasing attention in the recent EU electricity-market discussions. This is partly because the uncertainty in the underlying power system is growing and the ID market provides an…

Systems and Control · Electrical Eng. & Systems 2022-03-14 Saeed Mohammadi , Mohammad Reza Hesamzadeh

Traditionally, power system's inertia has been estimated according to the rotating masses directly connected to the grid. However, a new generation mix scenario is currently identified, where conventional supply-side is gradually replaced…

Systems and Control · Electrical Eng. & Systems 2020-11-04 Ana Fernández-Guillamón , Emilio Gómez-Lázaro , Angel Molina-García

For a cost efficient design of a future renewable European electricity system, the placement of renewable generation capacity will seek to exploit locations with good resource quality, that is for instance onshore wind in countries…

Physics and Society · Physics 2018-03-05 Bo Tranberg , Leon J. Schwenk-Nebbe , Mirko Schäfer , Jonas Hörsch , Martin Greiner

Continuous integration of renewable energy sources into power networks is causing a paradigm shift in energy generation and distribution with regards to trading and control; the intermittent nature of renewable sources affects pricing of…

Systems and Control · Electrical Eng. & Systems 2022-01-19 Pablo R. Baldivieso Monasterios , Nandor Verba , Euan A Morris , Thomas Morstyn , George. C , . Konstantopoulos , Elena Gaura , Stephen McArthur

Accurate forecasts of electricity prices are crucial for the management of electric power systems and the development of smart applications. European electricity prices have risen substantially and became highly volatile after the Russian…

Electricity price forecasting approaches generally fall into two categories: data-driven models, which learn from historical patterns, or fundamental models, which simulate market mechanisms. We propose a novel and highly efficient…

Applications · Statistics 2026-01-27 Paul Ghelasi , Florian Ziel

Increasing penetration of electric vehicles, heat pumps, and rooftop photovoltaics is creating thermal and voltage stress in low-voltage distribution grids. This work links three German energy transition pathways (2025-2045) with state…

Systems and Control · Electrical Eng. & Systems 2026-04-01 Nane Zimmermann , Lukas P. Wagner , Luca von Rönn , Florian Strobel , Paul Hüttmann , Felix Gehlhoff

We model power grids transporting electricity generated by intermittent renewable sources as complex networks, where line failures can emerge indirectly by noisy power input at the nodes. By combining concepts from statistical physics and…

Physics and Society · Physics 2018-06-27 Tommaso Nesti , Alessandro Zocca , Bert Zwart

The recent research report of U.S. Department of Energy prompts us to re-examine the pricing theories applied in electricity market design. The theory of spot pricing is the basis of electricity market design in many countries, but it has…

Econometrics · Economics 2017-10-24 Haoyong Chen , Lijia Han

Intra-day price spreads are of interest to electricity traders, storage and electric vehicle operators. This paper formulates dynamic density functions, based upon skewed-t and similar representations, to model and forecast the German…

Applications · Statistics 2020-02-26 Ekaterina Abramova , Derek Bunn

Electricity price forecasting is an essential task in all the deregulated markets of the world. The accurate prediction of the day-ahead electricity prices is an active research field and available data from various markets can be used as…

Signal Processing · Electrical Eng. & Systems 2022-11-18 Salih Gunduz , Umut Ugurlu , Ilkay Oksuz

The German government recently announced that 80\% of the power supply should come from renewable energy by 2030. One key task lies in reorganizing the transmission system such that power can be transported from sites with good renewable…

Physics and Society · Physics 2022-08-10 Philipp Glaum , Fabian Hofmann

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

Electricity price forecasting (EPF) is a branch of forecasting on the interface of electrical engineering, statistics, computer science, and finance, which focuses on predicting prices in wholesale electricity markets for a whole spectrum…

Statistical Finance · Quantitative Finance 2022-04-26 Arkadiusz Jędrzejewski , Jesus Lago , Grzegorz Marcjasz , Rafał Weron

Using administrative data on the universe of inter-firm transactions in Spain, we show that firms learn to import from their domestic suppliers and customers. Our identification strategy exploits the panel structure of the data, the…

General Economics · Economics 2025-02-25 Kenan Huremović , Federico Nutarelli , Francesco Serti , Fernando Vega-Redondo

The increasing penetration of variable renewable energy and flexible demand technologies, such as electric vehicles and heat pumps, introduces significant uncertainty in power systems, resulting in greater imbalance; defined as the…

Statistical Finance · Quantitative Finance 2025-09-08 Timothée Hornek , Sergio Potenciano Menci , Ivan Pavić