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This paper proposes a two-stage optimization framework to evaluate whether cost-optimal electric vehicle (EV) charging infrastructure translates into effective operation under distribution grid constraints. The proposed approach explicitly…

系统与控制 · 电气工程与系统科学 2026-04-14 Biswarup Mukherjee

Recently, the volatility associated with marginal prices has increased due to large scale integration of renewable generation. Price volatility is undesirable from a consumer perspective. To address this issue, we present a framework for…

最优化与控制 · 数学 2018-12-11 Shantanu Chakraborty , Kyri Baker , Milos Cvetkovic , Remco Verzijlbergh , Zofia Lukszo

In this work we investigate the inefficiency of the electricity system with strategic agents. Specifically, we prove that without a proper control the total demand of an inefficient system is at most twice the total demand of the optimal…

计算机科学与博弈论 · 计算机科学 2015-09-10 Carlos Barreto , Eduardo Mojica-Nava , Nicanor Quijano

The paper proposes a framework for modeling and analysis of the dynamics of supply, demand, and clearing prices in power system with real-time retail pricing and information asymmetry. Real-time retail pricing is characterized by passing on…

系统与控制 · 计算机科学 2011-06-08 Mardavij Roozbehani , Munther A Dahleh , Sanjoy K Mitter

Renewable sources are taking center stage in electricity generation. However, matching supply with demand in a renewable-rich system is a difficult task due to the intermittent nature of renewable resources (wind, solar, etc.). As a result,…

系统与控制 · 电气工程与系统科学 2020-09-02 Haris Mansoor , Naveed Arshad

There is a growing interest in the integration of energy infrastructures to increase systems' flexibility and reduce operational costs. The most studied case is the synergy between electric and heating networks. Even though integrated heat…

综合经济学 · 经济学 2020-11-23 Alvaro Gonzalez-Castellanos , David Pozo , Aldo Bischi

We consider the co-optimization of flexible household consumption, electric vehicle charging, and behind-the-meter distributed energy resources under the net energy metering tariff. Using a stochastic dynamic programming formulation, we…

系统与控制 · 电气工程与系统科学 2024-05-01 Minjae Jeon , Lang Tong , Qing Zhao

In two-stage electricity markets, renewable power producers enter the day-ahead market with a forecast of future power generation and then reconcile any forecast deviation in the real-time market at a penalty. The choice of the forecast…

系统与控制 · 电气工程与系统科学 2025-01-15 Vladimir Dvorkin

Increased uncertainty due to high penetration of renewables imposes significant costs to the system operators. The added costs depend on several factors including market design, performance of renewable generation forecasting and the…

最优化与控制 · 数学 2014-04-23 Baosen Zhang , Ram Rajagopal , David Tse

This paper investigates volumetric grid tariff designs under consideration of different pricing mechanisms and resulting cost allocation across socio-techno-economic consumer categories. In a case study of 1.56 million Danish households…

A dynamic bipartite matching model is given by a bipartite matching graph which determines the possible matchings between the various types of supply and demand items. Both supply and demand items arrive to the system according to a…

离散数学 · 计算机科学 2020-09-11 Arnaud Cadas , Ana Bušić , Josu Doncel

The implementation of electricity markets based on locational marginal pricing in a multi-settlement process has allowed wholesale competition, with pricing mechanisms that incentivize the optimal allocation of generation, transmission, and…

系统与控制 · 电气工程与系统科学 2020-12-29 Veronica R. Bosquezfoti , Andrew L. Liu

Advantages of electric vehicles (EV) include reduction of greenhouse gas and other emissions, energy security, and fuel economy. The societal benefits of large-scale adoption of EVs cannot be realized without adequate deployment of publicly…

最优化与控制 · 数学 2017-01-25 Sina Faridimehr , Saravanan Venkatachalam , Ratna Babu Chinnam

Electric vehicle (EV) charging couples the operation of power and traffic networks. Specifically, the power network determines the charging price at various locations, while EVs on the traffic network optimize the charging power given the…

系统与控制 · 电气工程与系统科学 2023-09-06 Yufan Zhang , Sujit Dey , Yuanyuan Shi

We revisit the classic Cournot model and extend it to a two-echelon supply chain with an upstream supplier who operates under demand uncertainty and multiple downstream retailers who compete over quantity. The supplier's belief about retail…

计算机科学与博弈论 · 计算机科学 2021-07-19 Constandina Koki , Stefanos Leonardos , Costis Melolidakis

Distribution grids across the world are undergoing profound changes due to advances in energy technologies. Electrification of the transportation sector and the integration of Distributed Energy Resources (DERs), such as photo-voltaic…

系统与控制 · 电气工程与系统科学 2021-04-02 Athindra Venkatraman , Anupam Thatte , Le Xie

Extreme weather events stemming from climate change can cause significant damage and disruption to power systems. Failure to mitigate and adapt to climate change and its cascading effects can lead to short and long term issues. The profound…

应用物理 · 物理学 2022-09-22 Rouzbeh Shirvani , Tarannom Parhizkar

A high share of distributed photovoltaic (PV) generation in low-voltage networks may lead to over-voltage, and line/transformer overloading. To mitigate these issues, we investigate how advanced electricity tariffs could ensure safe grid…

系统与控制 · 电气工程与系统科学 2021-09-16 Jordan Holweger , Lionel Bloch , Christophe Ballif , Nicolas Wyrsch

This paper is concerned with the determination of pricing strategies for a firm that in each period of a finite horizon receives replenishment quantities of a single product which it sells in two markets, e.g., a long-distance market and an…

最优化与控制 · 数学 2015-09-25 Wen , Chen , Adam Fleischhacker , Michael N. Katehakis

This paper addresses the question of how much to bid to maximize the profit when trading in two electricity markets: the hourly Day-Ahead Auction and the quarter-hourly Intraday Auction. For optimal coordinated bidding many price scenarios…

统计金融 · 定量金融 2026-01-27 Michał Narajewski , Florian Ziel