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Electricity markets differ in their ability to meet power imbalances in short notice in a controlled fashion. Relatively flexible markets have the ability to ramp up (or down) power flows across interties without compromising their ability…

计算机科学与博弈论 · 计算机科学 2022-03-01 Hossein Khazaei , Ceyhun Eksin , Roohallah Khatami , Alfredo Garcia

We propose a hierarchical local electricity market (LEM) at the primary and secondary feeder levels in a distribution grid, to optimally coordinate and schedule distributed energy resources (DER) and provide valuable grid services like…

系统与控制 · 电气工程与系统科学 2023-12-04 Vineet Jagadeesan Nair , Anuradha Annaswamy

The increasing uptake of distributed energy resources (DERs) in smart home prosumers calls for distributed energy management strategies, and the advances in information and communications technology enable peer-to-peer (P2P) energy trading…

最优化与控制 · 数学 2023-12-13 Zeyu Yang , Hao Wang

Traditionally, the electric distribution system operates with uniform energy prices across all system nodes. However, as the adoption of distributed energy resources (DERs) propels a shift from passive to active distribution network (ADN)…

系统与控制 · 电气工程与系统科学 2023-11-21 Xiaofei Wang , Fangxing Li , Linquan Bai , Xin Fang

Recently, home energy management systems (HEMS) are gaining more popularity enabling customers to minimize their electricity bill under time-varying electricity prices. Although they offer a promising solution for better energy management…

最优化与控制 · 数学 2021-03-09 Babak Jeddi , Yateendra Mishra , Gerard Ledwich

The HELM algorithm was used in this project to solve the optimal power flow problem introduced by a radial PandaPower network formulated from the data given by AEMO on the NEM network. Large losses were observed in the transmission…

物理与社会 · 物理学 2024-03-29 Brandon Curtis Colelough

The coordinated operation of interconnected but locally controlled electricity markets is generally referred to as a "coupling". In this paper we propose a new mechanism design for efficient coupling of independent electricity markets. The…

最优化与控制 · 数学 2021-01-13 Alfredo Garcia , Roohallah Khatami , Ceyhun Eksin , Furkan Sezer

Local electricity markets offer a promising solution for integrating renewable energy sources and other distributed energy resources (DERs) into distribution networks. These markets enable the effective utilization of flexible resources by…

系统与控制 · 电气工程与系统科学 2025-06-04 Niloofar Pourghaderi , Milad Kabirifar , Payman Dehghanian

There are various undergoing efforts by system operators to set up an electricity market at the distribution level to enable a rapid and widespread deployment of distributed energy resources (DERs) and microgrids. This paper follows the…

系统与控制 · 计算机科学 2016-04-04 Sina Parhizi , Amin Khodaei , Shaghayegh Bahramirad

The increasing penetration of renewable energy resources has transformed the energy system from traditional hierarchical energy delivery paradigm to a distributed structure. Such development is accompanied with continuous liberalization in…

系统与控制 · 电气工程与系统科学 2023-04-28 Varsha Behrunani , Hanmin Cai , Philipp Heer , Roy S. Smith , John Lygeros

The continuous penetration of distributed energy resources (DER) in the electric power grid is driving a new paradigm shift towards transactive energy system (TES), an active and more sustainable system characterized by distributed…

系统与控制 · 电气工程与系统科学 2021-04-01 Fredmar Asarias , Michael Angelo Pedrasa

With the proliferation of distributed energy resources and the volume of data stored due to advancement in metering infrastructure, energy management in power system operation needs distributed computing. In this paper, we propose a fully…

系统与控制 · 电气工程与系统科学 2020-05-21 Shailesh Wasti , Pablo Ubiratan , Shahab Afshar , Vahid Disfani

The increasing penetration of intermittent renewables, storage devices, and flexible loads is introducing operational challenges in distribution grids. The proper coordination and scheduling of these resources using a distributed approach…

Local electricity markets represent a way of supplementing traditional retailing contracts for end consumers -- among these markets, the renewable energy community has gained momentum over the last few years. This paper proposes a practical…

系统与控制 · 电气工程与系统科学 2022-01-21 Miguel Manuel de Villena , Samy Aittahar , Sebastien Mathieu , Ioannis Boukas , Eric Vermeulen , Damien Ernst

The increasing penetration of renewable energy necessitates improved power system flexibility, driving the deployment of independent energy storage operators (ESOs). Existing research extensively investigates capacity sizing for price-taker…

理论经济学 · 经济学 2026-05-19 Lizhong Zhang , Junqi Liu , Jianxiao Wang , Lei Zhu

In two-stage electricity markets, renewable power producers enter the day-ahead market with a forecast of future power generation and then reconcile any forecast deviation in the real-time market at a penalty. The choice of the forecast…

系统与控制 · 电气工程与系统科学 2025-01-15 Vladimir Dvorkin

Motivated by various benefits of multi-energy integration, this paper establishes a bi-level framework based on transactive control to realize energy optimization among multiple interconnected energy hubs (EHs). A storage-energy-equivalent…

最优化与控制 · 数学 2019-02-05 Yizhi Cheng , Peichao Zhang

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

Heating, ventilating, and air-conditioning (HVAC) systems consume a large amount of energy in residential houses and buildings. Effective energy management of HVAC is a cost-effective way to improve energy efficiency and reduce the energy…

系统与控制 · 电气工程与系统科学 2021-06-01 Qing Yang , Hao Wang

The new technologies emerging in the energy sector pose new requirements for both the regulation and operation of the electricity grid. Revised tariff structures and the introduction of local markets are two approaches that could tackle the…

系统与控制 · 电气工程与系统科学 2021-03-19 Bence Suto , Daniel Divenyi