相关论文: Multi-Stage Compound Real Options Valuation in Res…

Determining the optimal size and orientation of small-scale residential based PV arrays will become increasingly complex in the future smart grid environment with the introduction of smart meters and dynamic tariffs. However consumers can…

With the ongoing transition of electricity markets worldwide from hourly to intra-hourly bidding, market participants--especially Renewable Energy Sources (RES)--gain improved opportunities to adjust energy and reserve schedules and to…

Continued advances in PV and battery energy storage technologies have made hybrid PV-battery systems an attractive prospect for residential energy consumers. However the process to select an appropriate system is complicated by the…

Electric vehicle (EV) coordination can provide significant benefits through vehicle-to-everything (V2X) by interacting with the grid, buildings, and other EVs. This work aims to develop a V2X value-stacking framework, including…

As various city agencies and mobility operators navigate toward innovative mobility solutions, there is a need for strategic flexibility in well-timed investment decisions in the design and timing of mobility service regions, i.e. cast as…

The energy and material processing industries are traditionally characterized by very large-scale physical capital that is custom-built with long lead times and long lifetimes. However, recent technological advancement in low-cost…

Variable Annuity (VA) products expose insurance companies to considerable risk because of the guarantees they provide to buyers of these products. Managing and hedging these risks requires insurers to find the value of key risk metrics for…

This paper presents a decentralized volt-var optimization (VVO) and network reconfiguration strategy to address the challenges arising from the growing integration of distributed energy resources, particularly photovoltaic (PV) generation…

This paper develops a multi-period optimization framework to design a voluntary renewable program (VRP) for an electric utility company, aiming to maximize total renewable energy deployments. In the business model of VRP, the utility must…

As the penetration of distributed energy resources (DERs) increases, harnessing their flexibility becomes critical for power system operations. Virtual power plants (VPPs) offer a promising solution. However, most existing scheduling tools…

This paper proposes a reactive power planning tool for sub-transmission systems to mitigate voltage violations and fluctuations caused by high photovoltaic (PV) penetration and intermittency with a minimum investment cost. The tool…

Decisions for a variable renewable resource generators commitment in the energy market are typically made in advance when little information is obtainable about wind availability and market prices. Much research has been published…

This paper presents a techno-economic optimisation tool to study how the power system expansion decisions can be taken in a more economical and efficient way, by minimising the consequent costs of network reinforcement and reconfiguration.…

This paper presents a risk-aware bi-level bidding strategy for Virtual Power Plant (VPP) that integrates Power-to-Hydrogen (P2H) system, addressing the challenges posed by renewable energy variability and market volatility. By incorporating…

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…

This research paper proposes an efficient methodology for the allocation of multiple photovoltaic (PV)-based distributed generation (DG) units in the radial distribution network (RDN), while considering the loading capacity of the network.…

The global energy transition toward net-zero emissions by 2050 is expected to increase the share of variable renewable energy sources (VRES) in the energy mix. As a result, industrial actors will encounter more complex market conditions,…

This paper presents a techno-economic optimization model to analyze the economic viability of a PV-battery system for different customer groups in Switzerland clustered based on their annual electricity consumption, rooftop size, annual…

Multi-period portfolio optimization is important for real portfolio management, as it accounts for transaction costs, path-dependent risks, and the intertemporal structure of trading decisions that single-period models cannot capture.…

We combine the one-dimensional Monte Carlo simulation and the semi-analytical one-dimensional heat potential method to design an efficient technique for pricing barrier options on assets with correlated stochastic volatility. Our approach…