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In the wake of the highly electrified future ahead of us, the role of energy storage is crucial wherever distributed generation is abundant, such as in microgrid settings. Given the variety of storage options that are becoming more and more…

机器学习 · 计算机科学 2021-03-26 S. Tsianikas , N. Yousefi , J. Zhou , M. Rodgers , D. W. Coit

The emerging interest in deployment of renewable energy resources (RESs) in smart system represents a great challenge to both system planners and owners of Microgrids (MGs) operators. In this regard, we propose a Tri-level power market…

最优化与控制 · 数学 2018-02-13 Mohammd Hamdi

This dissertation is to study the interplay between large-scale electric vehicle (EV) charging and the power system. We address three important issues pertaining to EV charging and integration into the power system: (1) charging station…

计量经济学 · 经济学 2018-08-20 Chao Luo

In future smart grids, energy storage systems (ESSs) are expected to play a key role in reducing peak hour electricity generation cost and the associated level of carbon emissions. Considering their high acquisition, operation, and…

最优化与控制 · 数学 2015-01-08 I. Safak Bayram , Mohamed Abdallah , Ali Tajer , Khalid Qaraqe

This paper introduces a deep reinforcement learning (RL) framework for optimizing the operations of power plants pairing renewable energy with storage. The objective is to maximize revenue from energy markets while minimizing storage…

机器学习 · 计算机科学 2023-06-16 Lucien Werner , Peeyush Kumar

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…

The central question we seek to address in this paper is: How rapidly do the operating cost benefits of grid-scale energy storage decline as installed storage capacity increases? We use a 240-bus model based on the US Western…

物理与社会 · 物理学 2018-05-15 Autumn Preskill , Duncan Callaway

High penetration of Photovoltaic (PV) generation and Battery Energy Storage System (BESS) in individual households increases the demand for solutions to determine the optimal PV generation power and the capacity of BESS. Self-consumption…

系统与控制 · 电气工程与系统科学 2025-06-24 Jun Wook Heo , Raja Jurdak , Sara Khalifa

An on-going debate in the energy economics and power market community has raised the question if energy-only power markets are increasingly failing due to growing feed-in shares from subsidized renewable energy sources (RES). The short…

综合金融 · 定量金融 2016-11-18 Marcus Hildmann , Andreas Ulbig , Göran Andersson

Studies looking at electricity market designs for very high shares of wind and solar often conclude that the energy-only market will break down. Without fuel costs, it is said that there is nothing to set prices. Symptoms of breakdown…

综合经济学 · 经济学 2025-10-29 Tom Brown , Fabian Neumann , Iegor Riepin

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…

Future highly renewable energy systems might require substantial storage deployment. At the current stage, the technology portfolio of dominant storage options is limited to pumped-hydro storage and Li-Ion batteries. It is uncertain which…

物理与社会 · 物理学 2023-05-16 Ebbe Kyhl Gøtske , Gorm Bruun Andresen , Marta Victoria

Although recent studies have shown that electricity systems with shares of wind and solar above 80% can be affordable, economists have raised concerns about market integration. Correlated generation from variable renewable sources depresses…

综合金融 · 定量金融 2021-06-14 T. Brown , L. Reichenberg

This paper develops a novel mixed-integer linear programming (MILP) model for optimal participation of battery energy storage systems (BESSs) in the Swedish frequency containment reserve (FCR) markets. The developed model aims to maximize…

系统与控制 · 电气工程与系统科学 2024-06-12 Nima Mirzaei Alavijeh , Rahmat Khezri , Mohammadreza Mazidi , David Steen , Le Anh Tuan

This paper presents a unified framework for the optimal scheduling of battery dispatch and internal power allocation in Battery energy storage systems (BESS). This novel approach integrates both market-based (price-aware) signals and…

系统与控制 · 电气工程与系统科学 2025-07-02 Sheng Yin , Vivek Teja Tanjavooru , Thomas Hamacher , Christoph Goebel , Holger Hesse

In this paper, we address the energy storage management problem in distribution networks from the perspective of an independent energy storage manager (IESM) who aims to realize optimal energy storage sharing with multi-objective…

最优化与控制 · 数学 2017-08-03 Huimiao Chen , Yang Yu , Zechun Hu , Haocheng Luo , Chin-Woo Tan , Ram Rajagopal

The use of renewable energy sources is a major strategy to mitigate climate change. Yet Sinn (2017) argues that excessive electrical storage requirements limit the further expansion of variable wind and solar energy. We question, and alter,…

物理与社会 · 物理学 2018-07-19 Alexander Zerrahn , Wolf-Peter Schill , Claudia Kemfert

The recent rise of renewable energy produced by many decentralized sources yields interesting market design challenges for electrical grids. Balancing supply and demand in such networks is both a temporal and spatial challenge due to…

计算机科学与博弈论 · 计算机科学 2025-08-11 Simon Krogmann , Pascal Lenzner , Alexander Skopalik , Tobias Sträubig

High penetrations of intermittent renewable energy resources in the power system require large balancing reserves for reliable operations. Aggregated and coordinated behind-the-meter loads can provide these fast reserves, but represent…

最优化与控制 · 数学 2019-10-03 Mahraz Amini , Mads Almassalkhi

Climate and energy policy targets of the European Commission aim to make Europe the first climate-neutral continent by 2050. For low-carbon and net-neutral energy systems primarily based on variable renewable power generation, issues…

综合经济学 · 经济学 2025-06-06 Diana Böttger , Philipp Härtel