相关论文: Effects of Renewable Energy Sources on Day-Ahead E…
In an electric power system, demand fluctuations may result in significant ancillary cost to suppliers. Furthermore, in the near future, deep penetration of volatile renewable electricity generation is expected to exacerbate the variability…
Recent advancements in the fields of artificial intelligence and machine learning methods resulted in a significant increase of their popularity in the literature, including electricity price forecasting. Said methods cover a very broad…
Using solar power in the process industry can reduce greenhouse gas emissions and make the production process more sustainable. However, the intermittent nature of solar power renders its usage challenging. Building a model to predict…
Renewable sources of energy are the future due to the environmental problems caused by non-renewable sources to produce energy. The biggest issue with renewable energy sources is that the power produced by devices such as PV solar panels…
In 2022, energy prices skyrocketed across Europe, with average day-ahead spot market prices in Germany 2.43 times higher than the previous year, hinting at future trends. At the same time, electricity infrastructure is expected to be…
Electricity price forecasting is a critical tool for the efficient operation of power systems and for supporting informed decision-making by market participants. This paper explores a novel methodology aimed at improving the accuracy of…
As the 21st century progresses, photovoltaic technology is becoming a major provider of the worlds electricity, while effects of global climate change unfold. This development begs the question: is climate change affecting the energy…
In this paper we propose a quadratic programming model that can be used for calculating the term structure of electricity prices while explicitly modeling startup costs of power plants. In contrast to other approaches presented in the…
Wind and solar electricity generation account for 14% of total electricity generation in the United States and are expected to continue to grow in the next decades. In low carbon systems, generation from renewable energy sources displaces…
As the US rapidly moves towards cleaner energy sources, solar energy is fast becoming the pillar of its renewable energy mix. Even while solar energy is increasingly being used, its variability is a key hindrance to grid stability, storage…
This paper reviews methods that are used for adequacy risk assessment considering solar power and for assessment of the capacity value of solar power. The properties of solar power are described as seen from the perspective of the…
Renewable Energies (RE) have gained more attention in recent years since they offer clean and sustainable energy. One of the major sustainable development goals (SDG-7) set by the United Nations (UN) is to achieve affordable and clean…
The increase in renewable energy on the consumer side gives place to new dynamics in the energy grids. Participants in a microgrid can produce energy and trade it with their peers (peer-to-peer) with the permission of the energy provider.…
In this paper, we consider a future electricity market consisting of aggregated energy prosumers, who are equipped with local wind power plants (WPPs) to support (part of) their energy demands and can also trade energy with day-ahead market…
The declining cost of solar photovoltaics (PV) combined with strong federal and state-level incentives have resulted in a high number of residential solar PV installations in the US. However, these installations are concentrated in…
Intraday electricity markets play an increasingly important role in balancing the intermittent generation of renewable energy resources, which creates a need for accurate probabilistic price forecasts. However, research to date has focused…
In many power grids, a large portion of the energy costs for commercial and industrial consumers are set with reference to the coincident peak load, the demand during the maximum system-wide peak, and their own maximum peak load, the…
The interdependency of power systems and natural gas systems is being reinforced by the emerging power-to-gas facilities (PtGs), and the existing gas-fired generators. To jointly improve the efficiency and security under diverse…
Decentralized electricity markets are often dominated by a small set of generator companies who control the majority of the capacity. In this paper, we explore the effect of the total controlled electricity capacity by a single, or group,…
Generation and load balance is required in the economic scheduling of generating units in the smart grid. Variable energy generations, particularly from wind and solar energy resources, are witnessing a rapid boost, and, it is anticipated…