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This paper addresses the energy management of a grid-connected renewable generation plant coupled with a battery energy storage device in the capacity firming market, designed to promote renewable power generation facilities in small…

This paper presents an analysis of the stability and quality of the distributed generation planning problem's investment solution. The entry of distributed generators power based on non-conventional energy sources has been extensively…

系统与控制 · 电气工程与系统科学 2021-03-31 Luis Lopez , Alvaro Gonzalez-Castellanos , David Pozo

Economic withholding in electricity markets refers to generators bidding higher than their true marginal fuel cost, and is a typical approach to exercising market power. However, existing market designs require storage to design bids…

系统与控制 · 电气工程与系统科学 2025-05-20 Xin Qin , Ioannis Lestas , Bolun Xu

This paper applies computational techniques of convex stochastic optimization to optimal operation and valuation of electricity storages in the face of uncertain electricity prices. Our valuations are based on the indifference pricing…

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…

最优化与控制 · 数学 2026-05-12 Dirk Lauinger , Luc Coté , Andy Sun

Renewable resources are starting to constitute a growing portion of the total generation mix of the power system. A key difference between renewables and traditional generators is that many renewable resources are managed by individuals,…

最优化与控制 · 数学 2019-10-07 Pan Li , Shreyas Sekar , Baosen Zhang

Integrating a high share of electricity from non-dispatchable Renewable Energy Sources in a power supply system is a challenging task. One option considered in many studies dealing with prospective power systems is the installation of…

物理与社会 · 物理学 2014-10-09 Stefan Weitemeyer , David Kleinhans , Thomas Vogt , Carsten Agert

Large scale renewable energy integration is being planned for multiple power grids around the world. To achieve secure and stable grid operations, additional resources/reserves are needed to mitigate the inherent intermittency of renewable…

系统与控制 · 电气工程与系统科学 2020-04-21 Md Umar Hashmi , Deepjyoti Deka , Lucas Pereira , Ana Busic

This letter introduces a method to manage energy storage in electricity grids. Starting from the stochastic characterization of electricity generation and demand, we propose an equation that relates the storage level for every time-step as…

系统与控制 · 计算机科学 2016-12-05 Pedro H. J. Nardelli , Hirley Alves

High penetration of renewable generation in the electricity grid presents power system operators with challenges including voltage instability mainly due to fluctuating power generation. To cope with intermittent generation, community…

Liberalized electricity markets often include resource adequacy mechanisms that require consumers to contract with generation resources well in advance of real-time operations. While administratively defined mechanisms have most commonly…

交易与市场微观结构 · 定量金融 2024-03-25 Han Shu , Jacob Mays

As the proportion of total power supplied by renewable sources increases, it gets more costly to use reserve generation to compensate for the variability of renewables like solar and wind. Hence attention has been drawn to exploiting…

系统与控制 · 计算机科学 2014-08-26 Ashutosh Nayyar , Matias Negrete-Pincetic , Kameshwar Poolla , Pravin Varaiya

The new energy system constructed by energy storage and photovoltaic power generation system can effectively solve the problem of transformer overload operation in some enterprises. It can not only reduce the cost of electricity, but also…

数学物理 · 物理学 2024-08-22 Longjin Lv , Yuxian Han

Energy storage can play an important role in energy management of end users. To promote an efficient utilization of energy storage, we develop a novel business model to enable virtual storage sharing among a group of users. Specifically, a…

系统与控制 · 电气工程与系统科学 2021-12-16 Dongwei Zhao , Hao Wang , Jianwei Huang , Xiaojun Lin

Wind integration in power grids is very difficult, essentially because of the uncertain nature of wind speed. Forecasting errors on output from wind turbines may have costly consequences. For instance, power might be bought at highest price…

最优化与控制 · 数学 2016-04-28 Luckny Zéphyr , C. Lindsay Anderson

Renewable-energy-based grids development needs new methods to maintain the balance between the load and generation using the efficient energy storages models. Most of the available energy storages models do not take into account such…

信号处理 · 电气工程与系统科学 2019-06-10 Denis Sidorov , Qing Tao , Ildar Muftahov , Aleksei Zhukov , Dmitriy Karamov , Aliona Dreglea , Fang Liu

This paper proposes a simple and flexible storage model for use in a variety of multi-period optimal power flow problems. The proposed model is designed for research use in a broad assortment of contexts enabled by the following key…

系统与控制 · 电气工程与系统科学 2020-05-01 Frederik Geth , Carleton Coffrin , David M Fobes

This review analysis presents a comprehensive exploration of energy flexibility in modern power systems. It examines the roles and mechanisms of flexible technologies across three main categories: generators, energy storage systems (ESS),…

系统与控制 · 电气工程与系统科学 2025-08-21 Jesus Silva-Rodriguez , Tianxia Zhao , Ran Mo , Xingpeng Li

The future power system is increasingly interconnected via both AC and DC interconnectors. These interconnectors establish links between previously decoupled energy markets. In this paper, we propose an optimal multi-market energy storage…

最优化与控制 · 数学 2023-10-03 Md Umar Hashmi , Stephen Hardy , Dirk Van Hertem , Harsha Nagarajan

This paper proposes a risk-averse approach to energy storage price arbitrage, leveraging conformal uncertainty quantification for electricity price predictions. The method addresses the significant challenges posed by the inherent…

最优化与控制 · 数学 2024-12-11 Saud Alghumayjan , Ming Yi , Bolun Xu