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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…

系统与控制 · 计算机科学 2014-04-07 Ashutosh Nayyar , Matias Negrete-Pincetic , Kameshwar Poolla , Pravin Varaiya

In order to improve dynamic characteristics of the power system with high-proportion renewable energy sources (RESs), it is necessary for the voltage source converter (VSC), interfaces of RESs, to provide inertial and frequency regulation.…

系统与控制 · 电气工程与系统科学 2021-07-20 Huanhai Xin , Kehao Zhuang , Pengfei Hu , Yunjie Gu , Ping Ju

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…

最优化与控制 · 数学 2021-05-24 Amir Noori , Babak Tavassoli , Alireza Fereidunian

Extreme events jeopardize power network operations, causing beyond-design failures and massive supply interruptions. Existing market designs fail to internalize and systematically assess the risk of extreme and rare events. Efficiently…

系统与控制 · 电气工程与系统科学 2025-01-03 Tomas Tapia , Zhirui Liang , Charalambos Konstantinou , Yury Dvorkin

The large-scale integration of renewable generation directly affects the reliability of power grids. We investigate the problem of power balancing in a general renewable-integrated power grid with storage and flexible loads. We consider a…

系统与控制 · 计算机科学 2016-06-06 Sun Sun , Min Dong , Ben Liang

The inherent intermittency of renewable sources like wind and solar has resulted in a bundling of renewable generators with storage resources (batteries) for increased reliability. In this paper, we consider the problem of energy sharing…

系统与控制 · 电气工程与系统科学 2020-05-20 Vivek Deulkar , Jayakrishnan Nair

This paper reviews methods that are used for adequacy risk assessment considering solar power and for assessment of the capacity value of solar power. The properties of solar power are described as seen from the perspective of the…

The transition to a net zero energy system necessitates development in a number of directions including developing advanced electricity trading markets. Due to electricity markets being responsible for a large portion of carbon emissions,…

计算机科学与博弈论 · 计算机科学 2025-02-04 Elisheva Shamash , Zhong Fan

Accurate power forecasting from renewable energy sources (RES) is crucial for integrating additional RES capacity into the power system and realizing sustainability goals. This work emphasizes the importance of integrating decentralized…

机器学习 · 计算机科学 2025-01-23 Carla Goncalves , Ricardo J. Bessa , Tiago Teixeira , Joao Vinagre

Future ``net-zero'' electricity systems in which all or most generation is renewable may require very high volumes of storage, provided jointly by a number of heterogeneous technologies, in order to manage the associated variability in the…

最优化与控制 · 数学 2025-04-25 Stan Zachary

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…

In power markets, understanding the cost dynamics of electricity generation is crucial. The complexity of price formation in the power system arises from its diverse attributes, such as various generator types, each characterized by its…

理论经济学 · 经济学 2024-10-22 Shamim Homaei , Simon Roussanaly , Asgeir Tomasgard

This paper presents a real time control strategy for dynamically balancing electric demand and supply at local level, in a scenario characterized by a HV/MV substation with the presence of renewable energy sources in the form of…

最优化与控制 · 数学 2015-06-16 Alessandro Di Giorgio , Francesco Liberati , Andrea Lanna

The uncertainty in the power supply due to fluctuating Renewable Energy Sources (RES) has severe (financial and other) implications for energy market players. In this paper, we present a device-level Demand Response (DR) scheme that…

计算工程、金融与科学 · 计算机科学 2018-05-03 Bijay Neupane , Torben Bach Pedersen , Bo Thiesson

Two-stage robust unit commitment (RUC) models have been widely used for day-ahead energy and reserve scheduling under high renewable integration. The current state of the art relies on budget-constrained polyhedral uncertainty sets to…

最优化与控制 · 数学 2019-05-14 Alexandre Velloso , Alexandre Street , David Pozo , José M. Arroyo , Noemi G. Cobos

Recent studies show that the fast growing expansion of wind power generation may lead to extremely high levels of price volatility in wholesale electricity markets. Storage technologies, regardless of their specific forms e.g. pump-storage…

最优化与控制 · 数学 2017-08-02 Amin Masoumzadeh , Ehsan Nekouei , Tansu Alpcan , Deb Chattopadhyay

In this work, we present a detailed model of a Renewable Energy Source (RES)-based Virtual Power Plant (VPP) that participates in Day-Ahead Market (DAM) and Intra-Day Market (IDM) with dispatchable and non-dispatchable RESs and flexible…

系统与控制 · 电气工程与系统科学 2021-12-07 Oluwaseun Oladimeji , Alvaro Ortega , Lukas Sigrist , Luis Rouco , Pedro Sanchez-Martin , Enrique Lobato

This paper deals with the problem of clearing sequential electricity markets under uncertainty. We consider the European approach, where reserves are traded separately from energy to meet exogenous reserve requirements. Recently pro- posed…

最优化与控制 · 数学 2018-10-31 Vladimir Dvorkin , Stefanos Delikaraoglou , Juan M. Morales

Pricing and settlement mechanisms are crucial for efficient re-source allocation, investment incentives, market competition, and regulatory oversight. In the United States, Regional Transmission Operators (RTOs) adopts a uniform pricing…

系统与控制 · 电气工程与系统科学 2024-10-30 Hamid Davoudi , Fengyu Wang , Yonghong Chen , Di Shi , Alinson Xavier , Feng Qiu

In this article we propose a multi-zonal integrated energy-reserve market model. We assume that bidders may submit their demand and supply bids on the one hand in the form of conventional hourly step bids and block bids, which are cleared…

系统与控制 · 电气工程与系统科学 2020-04-29 Dávid Csercsik
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