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This paper presents an optimal scheduling model for a microgrid participating in the electricity distribution market in interaction with the Distribution Market Operator (DMO). The DMO is a concept proposed here, which administers the…

系统与控制 · 计算机科学 2016-02-05 Sina Parhizi , Amin Khodaei

Electricity markets are experiencing a rapid increase in energy storage unit participation. Unlike conventional generation resources, quantifying the competitive operation and identifying if a storage unit is exercising market power is…

系统与控制 · 电气工程与系统科学 2025-01-16 Yiqian Wu , Bolun Xu , James Anderson

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…

系统与控制 · 电气工程与系统科学 2025-07-08 Milad Kabirifar , Biswarup Mukherjee , S. Gokul Krishnan , Charalambos Konstantinou , Subhash Lakshminarayana

This paper addresses developing cost-effective strategies to respond to excessive demand in the service network design problem in a multi-period setting. The common assumption states that the capacity of freight carriers' assets is capable…

最优化与控制 · 数学 2019-06-24 Yusuf Secerdin , Murat Erkoc

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

This paper proposes a market mechanism for multi-interval electricity markets with generator and storage participants. Drawing ideas from supply function bidding, we introduce a novel bid structure for storage participation that allows…

最优化与控制 · 数学 2021-10-18 Rajni Kant Bansal , Pengcheng You , Dennice F. Gayme , Enrique Mallada

We propose using a hierarchical retail market structure to alert and dispatch resources to mitigate cyber-physical attacks on a distribution grid. We simulate attacks where a number of generation nodes in a distribution grid are attacked.…

系统与控制 · 电气工程与系统科学 2024-07-04 Vineet Jagadeesan Nair , Priyank Srivastava , Anuradha Annaswamy

With the rise of transportation electrification, autonomous driving and shared mobility in urban mobility systems, and increasing penetrations of distributed energy resources and autonomous demand-side management techniques in energy…

计算机与社会 · 计算机科学 2018-10-11 Xiaoqi Tan , Alberto Leon-Garcia

This paper proposes a fully distributed Demand-Side Management system for Smart Grid infrastructures, especially tailored to reduce the peak demand of residential users. In particular, we use a dynamic pricing strategy, where energy tariffs…

计算机科学与博弈论 · 计算机科学 2014-05-09 Antimo Barbato , Antonio Capone , Lin Chen , Fabio Martignon , Stefano Paris

Demand response (DR) is a cost-effective and environmentally friendly approach for mitigating the uncertainties in renewable energy integration by taking advantage of the flexibility of customers' demands. However, existing DR programs…

最优化与控制 · 数学 2017-05-11 Joshua Comden , Zhenhua Liu , Yue Zhao

Some consumers, particularly households, are unwilling to face volatile electricity prices, and they can perceive as unfair price differentiation in the same local area. For these reasons, nodal prices in distribution networks are rarely…

综合经济学 · 经济学 2021-06-09 Iacopo Savelli , Thomas Morstyn

In this paper, we study distributions that describe markets with linear stochastic demand. We express the price elasticity of expected demand in terms of the mean residual demand (MRD) function of the demand distribution and characterize…

概率论 · 数学 2021-07-19 Stefanos Leonardos , Costis Melolidakis

The study of Day-Ahead prices in the electricity market is one of the most popular problems in time series forecasting. Previous research has focused on employing increasingly complex learning algorithms to capture the sophisticated…

应用统计 · 统计学 2024-04-29 Carlos Sebastián , Carlos E. González-Guillén , Jesús Juan

The authors provide a comprehensive overview of flexibility characterization along the dimensions of time, spatiality, resource, and risk in power systems. These dimensions are discussed in relation to flexibility assets, products, and…

综合经济学 · 经济学 2021-09-08 Güray Kara , Asgeir Tomasgard , Hossein Farahmand

Industrial electricity consumers with flexible demand can profit by adjusting their load to short-term prices and by providing balancing services to the grid. Markets which support this kind of short-term position adjustment are the…

最优化与控制 · 数学 2023-03-20 E. Finhold , C. Gärtner , R. Grindel , T. Heller , N. Leithäuser , E. Röger , F. Schirra

A complex multi-state redundant system undergoing preventive maintenance and experiencing multiple events is being considered in a continuous time frame. The online unit is susceptible to various types of failures, both internal and…

统计方法学 · 统计学 2025-01-13 Juan Eloy Ruiz-Castro , Hugo Alaín Zapata-Ceballos

The recent deployment of distributed battery units in prosumer premises offer new opportunities for providing aggregated flexibility services to both distribution system operators and balance responsible parties. The optimization problem…

With the proliferation of distributed energy resources and the volume of data stored due to advancement in metering infrastructure, energy management in power system operation needs distributed computing. In this paper, we propose a fully…

系统与控制 · 电气工程与系统科学 2020-05-21 Shailesh Wasti , Pablo Ubiratan , Shahab Afshar , Vahid Disfani

The increasing interconnection of power systems through AC and DC links enables energy storage units to access multiple electricity markets yet most existing arbitrage models remain limited to singlemarket participation This gap restricts…

系统与控制 · 电气工程与系统科学 2026-04-09 Md Umar Hashmi , Harsha Nagarajan , Dirk Van Hertem1

In this paper, we propose a realistic multiple dynamic pricing approach to demand response in the retail market. First, an adaptive clustering-based customer segmentation framework is proposed to categorize customers into different groups…

系统与控制 · 电气工程与系统科学 2021-06-11 Fanlin Meng , Qian Ma , Zixu Liu , Xiao-Jun Zeng