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Power distribution networks are increasingly hosting controllable and flexible distributed energy resources (DERs) that, when aggregated, can provide ancillary support to transmission systems. However, existing aggregation schemes often…

系统与控制 · 电气工程与系统科学 2026-01-22 Hyeongon Park , Daniel K. Molzahn , Rahul K. Gupta

Large-scale integration of renewable energy sources (RES) brings huge challenges to the power system. A cost-effective reserve deployment and uncertainty pricing mechanism are critical to deal with the uncertainty and variability of RES. To…

系统与控制 · 电气工程与系统科学 2020-12-16 Zongzheng Zhao , Yixin Liu , Li Guo , Linquan Bai , Chengshan Wang

Explosive growth in energy-intensive AI data centers is outstripping the pace of power grid interconnection and transmission expansion. While operational flexibility has been proposed to mitigate this stress, existing processes are often…

系统与控制 · 电气工程与系统科学 2026-05-19 Dongjoo Kim , Lin Dong , Le Xie

This paper integrates a clearing function (CF)-based release planning approach into Material Requirements Planning (MRP) to address its limitations in modeling capacity constraints and dynamic lead times. The proposed optimization model…

系统与控制 · 电气工程与系统科学 2026-03-03 Wolfgang Seiringer , Klaus Altendorfer , Reha Uzsoy

The increasing penetration of renewable energy sources introduces significant challenges to power grid stability, primarily due to their inherent variability. A new opportunity for grid operation is the smart integration of electricity…

最优化与控制 · 数学 2025-10-30 Janik Pinter , Frederik Zahn , Maximilian Beichter , Ralf Mikut , Veit Hagenmeyer

Distributed energy resources are an ideal candidate for the provision of additional flexibility required by power system to support the increasing penetration of renewable energy sources. The integrating large number of resources in the…

系统与控制 · 电气工程与系统科学 2019-06-14 Shariq Riaz , Pierluigi Mancarella

With an increasing need for more flexible mobility services, we consider an operational problem arising in the planning of Demand Adaptive Systems (DAS). Motivated by the decision of whether to accept or reject passenger requests in real…

最优化与控制 · 数学 2025-03-12 Benedikt Lienkamp , Mike Hewitt , Axel Parmentier , Maximilian Schiffer

There is growing interest in the use of grid-level storage to smooth variations in supply that are likely to arise with increased use of wind and solar energy. Energy arbitrage, the process of buying, storing, and selling electricity to…

最优化与控制 · 数学 2015-09-01 Daniel R. Jiang , Warren B. Powell

Peer-to-peer energy trading offers a promising solution for enhancing renewable energy utilization and economic benefits within interconnected microgrids. However, existing real-time P2P markets face two key challenges: high computational…

系统与控制 · 电气工程与系统科学 2025-10-06 Kaidi Huang , Lin Cheng , Yue Zhou , Fashun Shi , Yufei Xi , Yingrui Zhuang , Ning Qi

Remedial action schemes (RAS) are often seen as an alternative to building new transmission infrastructure to relieve congestion in the system. Consequently, there has been a rapid growth in the number of RAS in electric power systems…

系统与控制 · 电气工程与系统科学 2023-10-09 Aditya Rangarajan , Line Roald

We propose an enhancement to wholesale electricity markets whereby the exposure of consumers to increasingly large and volatile consumer payments arising as a byproduct of volatile real-time net loads -- i.e., loads minus renewable outputs…

最优化与控制 · 数学 2024-08-13 Daniel Bienstock , Yury Dvorkin , Cheng Guo , Robert Mieth , Jiayi Wang

The energetic flexibility of electric energy resources can be exploited when trading on wholesale energy and ancillary service markets. This paper considers the problem of a Balance Responsible Party to maximize its profit from trading on…

系统与控制 · 计算机科学 2018-04-12 Fabian L. Müller , Stefan Woerner , John Lygeros

Traditional bulk load flexibility options, such as load shifting and load curtailment, for managing uncertainty in power markets limit the diversity of options and ignore the preferences of the individual loads, thus reducing efficiency and…

系统与控制 · 电气工程与系统科学 2021-12-20 Majid Majidi , Deepan Muthirayan , Masood Parvania , Pramod P. Khargonekar

Production planning must account for uncertainty in a production system, arising from fluctuating demand forecasts. Therefore, this article focuses on the integration of updated customer demand into the rolling horizon planning cycle. We…

计量经济学 · 经济学 2024-09-27 Manuel Schlenkrich , Wolfgang Seiringer , Klaus Altendorfer , Sophie N. Parragh

The integration of renewable energy resources (RES) in the power grid can reduce carbon intensity, but also presents certain challenges. The uncertainty and intermittent nature of RES emphasize the need for flexibility in power systems.…

系统与控制 · 电气工程与系统科学 2025-04-18 Shijie Pan , Gerrit Rolofs , Luca Pontecorvi , Charalambos Konstantinou

Accommodating the uncertain and variable renewable energy sources (VRES) in electricity markets requires sophisticated and scalable tools to achieve market efficiency. To account for the uncertain imbalance costs in the real-time market…

系统与控制 · 电气工程与系统科学 2023-05-17 Dongwei Zhao , Vladimir Dvorkin , Stefanos Delikaraoglou , Alberto J. Lamadrid L. , Audun Botterud

A large fraction of the total electric load is comprised of end-use devices whose demand for energy is inherently deferrable in time. Of interest is the potential to leverage on such latent flexibility in demand to absorb variability in…

最优化与控制 · 数学 2016-08-23 Eilyan Bitar , Yunjian Xu

We study the problem of forecasting and optimally trading day-ahead versus real-time (DART) price spreads in U.S. wholesale electricity markets. Building on the framework of Galarneau-Vincent et al., we extend spike prediction from a single…

交易与市场微观结构 · 定量金融 2026-05-20 Emma Hubert , Dimitrios Lolas , Ronnie Sircar

Reliability-based design optimization (RBDO) provides a rational and sound framework for finding the optimal design while taking uncertainties into ac-count. The main issue in implementing RBDO methods, particularly stochastic simu-lation…

应用统计 · 统计学 2020-03-03 Wang-Sheng Liu , Sai Hung Cheung

Coincident Peak (CP) pricing is widely used in U.S. electricity markets to allocate capacity and transmission costs. This paper develops a behavioral game-theoretic framework for CP-driven load shifting that couples a nonlinear…

系统与控制 · 电气工程与系统科学 2026-05-19 Qian Zhang , Sadie Zhao , Lucy Diao , Conleigh Byers , Yiling Chen , Derya Cansever , Le Xie