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The coordinated operation of interconnected but locally controlled electricity markets is generally referred to as a "coupling". In this paper we propose a new mechanism design for efficient coupling of independent electricity markets. The…
This paper presents a combination of machine learning techniques to enable prompt evaluation of retired electric vehicle batteries as to either retain those batteries for a second-life application and extend their operation beyond the…
We study the optimal control of battery energy storage under a general "pay-for-performance" setup such as providing frequency regulation and renewable integration. In these settings, batteries need to carefully balance the trade-off…
In pursuit of carbon neutrality, many countries have adopted renewable portfolio standards to facilitate the integration of renewable energy. However, increasing penetration of renewable energy resources will also pose higher requirements…
The transformation of the energy system has raised concerns about the reliability of fully renewable energy systems. We address this question for a 2050 European energy system using an economically optimal adequacy assessment. Our results…
We propose in this paper an optimal control framework for renewable energy communities (RECs) equipped with controllable assets. Such RECs allow its members to exchange production surplus through an internal market. The objective is to…
Electricity storage is used for intertemporal price arbitrage and for ancillary services that balance unforeseen supply and demand fluctuations via frequency regulation. We present an optimization model that computes bids for both arbitrage…
The widespread adoption of photovoltaic (PV), electric vehicles (EVs), and stationary energy storage systems (ESS) in households increases system complexity while simultaneously offering new opportunities for energy regulation. However,…
This study investigates the integration of forecasting and optimization in energy management systems, with a focus on the role of switching costs -- penalties incurred from frequent operational adjustments. We develop a theoretical and…
The integration of renewable sources poses challenges at the operational and economic levels of the power grid. In terms of keeping the balance between supply and demand, the usual scheme of supply following load may not be appropriate for…
When providing frequency regulation in a pay-for-performance market, batteries need to carefully balance the trade-off between following regulation signals and their degradation costs in real-time. Existing battery control strategies either…
We consider using a battery storage system simultaneously for peak shaving and frequency regulation through a joint optimization framework which captures battery degradation, operational constraints and uncertainties in customer load and…
Shared rides are often considered to be a promising travel alternative that could efficiently pool people together while offering a door-to-door service. Notwithstanding, even though demand distribution patterns are expected to greatly…
Optimally combining frequency control with self-consumption can increase revenues from battery storage systems installed behind-the-meter. This work presents an optimized control strategy that allows a battery to be used simultaneously for…
Coordinated photovoltaic inverter control with centralized coordination of curtailment can increase the amount of energy sent from low-voltage (LV) distribution networks to the grid while respecting voltage constraints. First, this paper…
The aggregate demand flexibility of a set of thermostatically controlled residential loads (TCLs) can be represented by a virtual battery (VB) in order to manage their participation in the electricity markets. For this purpose, it is…
Comparable to the traditional notion of stability in system dynamics, resilience is typically measured in a way that assesses the quality of a system's response, for example the speed of its recovery. We present a broadly applicable…
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…
Demand-side response from space heating in residential buildings can potentially provide a huge amount of flexibility for the power system, particularly with deep electrification of the heat sector. In this context, this paper presents a…
Sharing economy has become a socio-economic trend in transportation and housing sectors. It develops business models leveraging underutilized resources. Like those sectors, power grid is also becoming smarter with many flexible resources,…