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Participating in demand response programs is a promising tool for reducing energy costs in data centers by modulating energy consumption. Towards this end, data centers can employ a rich set of resource management knobs, such as workload…

分布式、并行与集群计算 · 计算机科学 2017-01-30 Yong Zhan , Mahdi Ghamkhari , Du Xu , Shaolei Ren , Hamed Mohsenian-Rad

With the rapidly increased penetration of renewable generations, incentive-based demand side management (DSM) shows great value on alleviating the uncertainty and providing flexibility for microgrid. However, how to price those demand…

最优化与控制 · 数学 2019-08-06 Zhaohao Ding , Feng Zhu , Yajing Wang , Ying Lu , Lizi Zhang

The increasing penetration of Renewable Energy Sources (RES) requires more Flexibility Resources (FR), generally thermal units and storages, must be kept in the system to accommodate the uncertainties from RES. The challenge is how the…

最优化与控制 · 数学 2015-12-31 Hongxing Ye , Jianhui Wang , Zuyi Li

A distributed, hierarchical, market based approach is introduced to solve the economic dispatch problem. The approach requires only a minimal amount of information to be shared between a central market operator and the end-users. Price…

多智能体系统 · 计算机科学 2020-09-07 Cornelis Jan van Leeuwen , Joost Stam , Arun Subramanian , Koen Kok

We propose a novel machine learning approach for probabilistic forecasting of hourly day-ahead electricity prices. In contrast with the recent advances in data-rich probabilistic forecasting, which approximates distributions with few…

综合经济学 · 经济学 2025-07-04 Jozef Barunik , Lubos Hanus

The increasing integration of renewable energy sources (RESs) into modern power systems presents significant opportunities but also notable challenges, primarily due to the inherent variability of RES generation. Accurate forecasting of RES…

机器学习 · 计算机科学 2026-01-19 Farshid Kamrani , Kristen Schell

We study a utility maximization problem in a financial market with a stochastic drift process, combining a worst-case approach with filtering techniques. Drift processes are difficult to estimate from asset prices, and at the same time…

投资组合管理 · 定量金融 2021-11-04 Jörn Sass , Dorothee Westphal

The problem of allocating scarce items to individuals is an important practical question in market design. An increasingly popular set of mechanisms for this task uses the concept of market equilibrium: individuals report their preferences,…

计算机科学与博弈论 · 计算机科学 2019-12-11 Riley Murray , Christian Kroer , Alex Peysakhovich , Parikshit Shah

We consider a high-dimensional dynamic pricing problem under non-stationarity, where a firm sells products to $T$ sequentially arriving consumers that behave according to an unknown demand model with potential changes at unknown times. The…

统计方法学 · 统计学 2023-03-21 Zifeng Zhao , Feiyu Jiang , Yi Yu , Xi Chen

The increase in renewable energy sources (RESs), like wind or solar power, results in growing uncertainty also in transmission grids. This affects grid stability through fluctuating energy supply and an increased probability of overloaded…

系统与控制 · 电气工程与系统科学 2022-04-13 Rebecca Bauer , Tillmann Mühlpfordt , Nicole Ludwig , Veit Hagenmeyer

Demand-side management presents significant benefits in reducing the energy load in smart grids by balancing consumption demands or including energy generation and/or storage devices in the user's side. These techniques coordinate the…

最优化与控制 · 数学 2016-05-06 Javier Zazo , Santiago Zazo , Sergio Valcarcel Macua

Demand-side energy management, such as the real-time pricing (RTP) program, offers manufacturers opportunities to reduce energy costs by shifting production to low-price hours. However, this strategy is challenging to implement when machine…

系统与控制 · 电气工程与系统科学 2026-03-17 Hongliang Li , Herschel C. Pangborn , Ilya Kovalenko

Engineered cyberphysical systems are growing increasingly large and complex. These systems require scalable controllers that robustly satisfy state and input constraints in the presence of additive noise -- such controllers should also be…

系统与控制 · 电气工程与系统科学 2023-01-02 Carmen Amo Alonso , Jing Shuang Li , Nikolai Matni , James Anderson

Incorporating renewable energy sources (RESs) into manufacturing systems has been an active research area in order to address many challenges originating from the unpredictable nature of RESs such as photovoltaics.In the energy-aware…

系统与控制 · 电气工程与系统科学 2023-02-03 Zhean Shao , Wen Li , Ying Tan

The rapid expansion of wind and solar energy leads to an increasing volatility in the electricity generation. Previous studies have shown that storage devices provide an opportunity to balance fluctuations in the power grid. An economical…

最优化与控制 · 数学 2017-11-06 Lars Siemer , Wided Medjroubi

Uncertainties in balancing generation and load in low-carbon industrial microgrids (IMGs) make hybrid energy storage systems (HESS) crucial for their stable and economic operation. Existing model predictive control (MPC) techniques…

系统与控制 · 电气工程与系统科学 2026-03-24 Daniyaer Paizulamu , Lin Cheng , Ning Qi , Zhengmao Li , Nikos D. Hatziargyriou

Developing optimized restoration strategies for power distribution systems (PDSs) is critical to enhancing resilience. Prior knowledge of customer interruption cost (CIC) and load restoration behaviors, particularly cold load pickup (CLPU),…

系统与控制 · 电气工程与系统科学 2025-03-14 Wei Wang , Minwu Chen , Hongbin Wang , Gaoqiang Peng , Hongzhou Chen

Due to the penetration of renewable energy resources and load deviation, uncertainty handling is one of the main challenges for power system; therefore the need for accurate decision-making in a power system under the penetration of…

系统与控制 · 电气工程与系统科学 2019-11-26 Mohammad Hemmati , Behnam Mohammadi-Ivatloo , Alireza Soroudi

Driven by the global decarbonization effort, the rapid integration of renewable energy into the conventional electricity grid presents new challenges and opportunities for the battery energy storage system (BESS) participating in the energy…

系统与控制 · 电气工程与系统科学 2022-12-14 Muhammad Anwar , Changlong Wang , Frits de Nijs , Hao Wang

We consider a dynamic pricing problem in network revenue management where customer behavior is predicted by a choice model, i.e., the multinomial logit (MNL) model. The problem, even in the static setting (i.e., customer demand remains…

最优化与控制 · 数学 2025-01-06 Qian Shao , Tien Mai , Shih-Fen Cheng
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