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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…
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…
The increasing deployment of distributed Battery Energy Storage Systems (BESSs) in modern power grids necessitates effective coordination strategies to ensure state-of-charge (SoC) balancing and accurate power delivery. While distributed…
This paper proposes a market clearing mechanism for energy trading in a local transactive market, where each player can participate in the market as seller or buyer and tries to maximize its welfare individually. Market players send their…
The concept of Energy Hub (EH) has been emerged to accommodate renewable energy sources in a multi-energy system to deploy the synergies between electricity and other energy sources. However, the market mechanisms for the integration of the…
This article focuses on the security assessment of electricity Distribution Networks (DNs) with vulnerable Distributed Energy Resource (DER) nodes. The adversary model is simultaneous compromise of DER nodes by strategic manipulation of…
An effective distribution electricity market (DEM) is required to manage the rapidly growing small-scale distributed energy resources (DERs) in distribution systems (DSs). This paper proposes a day-ahead DEM clearing and pricing mechanism…
The diversity of prosumers' resources in energy communities can provide significant technical and economic benefits to both prosumers and the distribution system operator (DSO). To maximize these benefits, a coordination framework is…
This paper considers the dynamic economic dispatch problem for a group of distributed energy resources (DERs) with storage that communicate over a weight-balanced strongly connected digraph. The objective is to collectively meet a certain…
Decentralized exchanges (DEXs) are crucial to decentralized finance (DeFi) as they enable trading without intermediaries. However, they face challenges like impermanent loss (IL), where liquidity providers (LPs) see their assets' value…
In this paper, a framework is proposed to coordinate the operation of the independent system operator (ISO) and distribution system operator (DSO). The framework is compatible with current practice of the U.S. wholesale market to enable…
Increasing integration of distributed energy resources (DERs) within distribution feeders provides unprecedented flexibility at the distribution-transmission interconnection. With the new FERC 2222 order, DER aggregations are allowed to…
Efficient energy management of Distributed Renewable Energy Resources (DRER) enables a more sustainable and efficient energy ecosystem. Therefore, we propose a holistic Energy Management System (EMS), utilising the computational and energy…
The centralized power generation infrastructure that defines the North American electric grid is slowly moving to the distributed architecture due to the explosion in use of renewable generation and distributed energy resources (DERs), such…
This paper presents a novel framework for collective control of Distributed Energy Resources (DERs) in active Distribution Networks (DNs). The proposed approach unifies the commonly employed local (i.e., decentralized) voltage and frequency…
The smart grid incentivizes distributed agents with local generation (e.g., smart homes, and microgrids) to establish multi-agent systems for enhanced reliability and energy consumption efficiency. Distributed energy trading has emerged as…
The increasing integration of renewable energy sources and distributed energy resources (DER) into modern power systems introduces significant uncertainty, posing challenges for maintaining grid flexibility and reliability. Hybrid energy…
Community microgrids are developed within existing power systems by integrating local distributed energy resources (DERs). So power distribution systems can be seamlessly partitioned into community microgrids and end-users could be largely…
The adoption of blockchain for Transactive Energy has gained significant momentum as it allows mutually non-trusting agents to trade energy services in a trustless energy market. Research to date has assumed that the built-in Byzantine…
Exchanges acquire excess processing capacity to accommodate trading activity surges associated with zero-sum high-frequency trader (HFT) "duels." The idle capacity's opportunity cost is an externality of low-latency trading. We build a…