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This paper examines the marginal value of mobile energy storage, i.e., energy storage units that can be efficiently relocated to other locations in the power network. In particular, we formulate and analyze the joint problem for operating…

系统与控制 · 电气工程与系统科学 2023-03-20 Utkarsha Agwan , Junjie Qin , Kameshwar Poolla , Pravin Varaiya

We propose a scenario-oriented approach for energy-reserve joint procurement and pricing for electricity market. In this model, without the empirical reserve requirements, reserve is procured according to all possible contingencies and…

系统与控制 · 电气工程与系统科学 2020-11-23 Jiantao Shi , Ye Guo , Lang Tong , Wenchuan Wu , Hongbin Sun

The primary concerns of this paper are twofold: to understand the economic value of storage in the presence of ramp constraints and exogenous electricity prices, and to understand the implications of the associated optimal storage…

最优化与控制 · 数学 2012-11-09 Ali Faghih , Mardavij Roozbehani , Munther A. Dahleh

The integration of distributed energy resources has ushered in a host of complex challenges, significantly impacting power quality in distribution networks. This work studies these challenges, exploring issues such as voltage fluctuations…

硬件体系结构 · 计算机科学 2026-02-03 Rafi Zahedi , Amirhossein Ahmadian , Chen Zhang , Shashank Narayana Gowda , Kourosh SedghiSigarchi , Rajit Gadh

Electricity markets typically clear in two stages: a day-ahead market and a real-time market. In this paper, we propose market mechanisms for a two-stage multi-interval electricity market with energy storage, generators, and demand…

最优化与控制 · 数学 2024-03-08 Rajni Kant Bansal , Enrique Mallada , Patricia Hidalgo-Gonzalez

We examine the relationship among photovoltaic (PV) investments, energy production, and environmental impact using a dynamic optimization model. Our findings show that increasing investment in renewables supports both energy generation and…

综合经济学 · 经济学 2025-03-11 L. Becchetti , N. Solferino , M. E. Tessitore

Energy storage resources must consider both price uncertainties and their physical operating characteristics when participating in wholesale electricity markets. This is a challenging problem as electricity prices are highly volatile, and…

机器学习 · 计算机科学 2023-06-02 Yousuf Baker , Ningkun Zheng , Bolun Xu

This paper studies the duopoly competition between renewable energy suppliers with or without energy storage in a local energy market. The storage investment brings the benefits of stabilizing renewable energy suppliers' outputs, but it…

系统与控制 · 电气工程与系统科学 2019-10-15 Dongwei Zhao , Hao Wang , Jianwei Huang , Xiaojun Lin

Over the last few decades, there is a constantly increasing deployment of solar photovoltaic (PV) systems both at the commercial and residential building sector. However, the steadily growing PV penetration poses several technical problems…

Energy storage is needed to match renewable generation to industrial loads in energy parks. However, the future performance of bulk storage technologies is currently highly uncertain. Due to the urgency of decarbonization targets, energy…

系统与控制 · 电气工程与系统科学 2026-01-21 Max Langtry , Ruchi Choudhary

Most power systems are increasingly based on distributed energy resources, leading to a strong impact on the electrical grid management. In the case of Portugal, the contribution of renewable energy sources to the electricity generation…

系统与控制 · 电气工程与系统科学 2020-10-08 Pedro Moura , Uday Sriram , Javad Mohammadi

Interest in sustainability has increased the share of variable renewable energy sources (VRES) in power generation. Energy storage systems' potential to mitigate intermittencies from non-dispatchable VRES has enhanced their appeal. However,…

系统与控制 · 电气工程与系统科学 2020-03-11 Vilma Virasjoki , Afzal Siddiqui , Fabricio Oliveira , Ahti Salo

Shift of the power system generation from the fossil to the variable renewable sources prompted the system operators to search for new sources of flexibility, that is, new reserve providers. With the introduction of electric vehicles, smart…

系统与控制 · 电气工程与系统科学 2020-12-22 Ivan Pavić , Hrvoje Pandžić , Tomislav Capuder

In the transition toward a sustainable power system, renewable-based Virtual Power Plants (RVPPs) have emerged as a promising solution to the challenges of integrating renewable energy sources into electricity markets. Their viability,…

系统与控制 · 电气工程与系统科学 2025-10-15 Hadi Nemati , Álvaro Ortega , Pedro Sánchez-Martín , Lukas Sigrist , Luis Rouco , Ignacio Egido

The large integration of variable energy resources is expected to shift a large part of the energy exchanges closer to real-time, where more accurate forecasts are available. In this context, the short-term electricity markets and in…

Optimizing a building's energy supply design is a task with multiple competing criteria, where not only monetary but also, for example, an environmental objective shall be taken into account. Moreover, when deciding which storages and…

最优化与控制 · 数学 2024-07-26 Elisabeth Halser , Elisabeth Finhold , Neele Leithäuser , Tobias Seidel , Karl-Heinz Küfer

Increasing penetration of distribution generation (DG) and electric vehicles (EVs) calls for an effective way to estimate the achievable capacity connected to the distribution systems, but the exogenous uncertainties of DG outputs and EV…

最优化与控制 · 数学 2017-08-03 Huimiao Chen , Zechun Hu , Yinghao Jia , Zuo-Jun Max Shen

One of the most important challenges in the integration of renewable energy sources into the power grid lies in their `intermittent' nature. The power output of sources like wind and solar varies with time and location due to factors that…

系统与控制 · 计算机科学 2011-10-21 Yashodhan Kanoria , Andrea Montanari , David Tse , Baosen Zhang

In this paper, we study the problem of determining the size of battery storage used in grid-connected photovoltaic (PV) systems. In our setting, electricity is generated from PV and is used to supply the demand from loads. Excess…

最优化与控制 · 数学 2016-11-17 Yu Ru , Jan Kleissl , Sonia Martinez

We study the optimal control of storage which is used for arbitrage, i.e. for buying a commodity when it is cheap and selling it when it is expensive. Our particular concern is with the management of energy systems, although the results are…

最优化与控制 · 数学 2014-06-17 James Cruise , Richard Gibbens , Stan Zachary