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We consider the problem of optimal trading for a power producer in the context of intraday electricity markets. The aim is to minimize the imbalance cost induced by the random residual demand in electricity, i.e. the consumption from the…

交易与市场微观结构 · 定量金融 2018-11-27 René Aïd , Pierre Gruet , Huyên Pham

Integrating energy islands into the European electricity market is a key challenge for the energy transition. This study investigates the impact of the Sorgente-Rizziconi interconnector on electricity price volatility in Sicily. Before its…

应用统计 · 统计学 2026-05-25 Francesco Lisi , Pierdomenico Duttilo , Marina Bertolini

The evolution of smart microgrid and its demand-response characteristics not only will change the paradigms of the century-old electric grid but also will shape the electricity market. In this new market scenario, once always energy…

系统与控制 · 计算机科学 2017-04-24 Mosaddek Hossain Kamal Tushar , Chadi Assi

This paper presents an optimal scheduling model for a microgrid participating in the electricity distribution market in interaction with the Distribution Market Operator (DMO). The DMO is a concept proposed here, which administers the…

系统与控制 · 计算机科学 2016-02-05 Sina Parhizi , Amin Khodaei

This paper undertakes a comprehensive investigation of electricity price forecasting methods, focused on the Irish Integrated Single Electricity Market, particularly on changes during recent periods of high volatility. The primary objective…

机器学习 · 计算机科学 2024-08-13 Ben Harkin , Xueqin Liu

In the Nordic region, many interconnectors are formed by HVDC links, as Scandinavia, Continental Europe and the Baltic region are non-synchronous AC systems. This paper presents two cost benefit analyses on the utilization of HVDC…

In electrical distribution grids, the constantly increasing number of power generation devices based on renewables demands a transition from a centralized to a distributed generation paradigm. In fact, power injection from Distributed…

系统与控制 · 计算机科学 2017-06-30 Riccardo Bonetto , Michele Rossi , Stefano Tomasin , Carlo Fischione

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

This work fits in the context of community microgrids, where members of a community can exchange energy and services among themselves, without going through the usual channels of the public electricity grid. We introduce and analyze a…

系统与控制 · 计算机科学 2019-04-23 Bertrand Cornélusse , Iacopo Savelli , Simone Paoletti , Antonio Giannitrapani , Antonio Vicino

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

This paper proposes a new strategy for optimal grid frequency regulation (FR) in an interconnected power system where regional ac grids and an offshore wind farm are linked via a multi-terminal high voltage direct-current (MTDC) network. In…

系统与控制 · 电气工程与系统科学 2021-12-10 Young-Jin Kim

In this paper, we study the interactions among interconnected autonomous microgrids, and propose a joint energy trading and scheduling strategy. Each interconnected microgrid not only schedules its local power supply and demand, but also…

计算机科学与博弈论 · 计算机科学 2016-11-17 Hao Wang , Jianwei Huang

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

This paper proposes an optimal, grid-aware control framework for the islanding, island-operation and resynchronisation of hybrid AC/DC microgrids. The optimal control framework is based on a formally derived linearized load-flow model for…

系统与控制 · 电气工程与系统科学 2025-03-07 Willem Lambrichts , Jules Mace , Drazen Dujic , Mario Paolone

In this paper, we introduce the novel concept of economic ports, allowing modular and distributed optimal operation of networked microgrids. Firstly, we design a novel price-based controller for optimal operation of a single microgrid and…

系统与控制 · 电气工程与系统科学 2023-08-08 Pol Jané-Soneira , Albertus J. Malan , Ionela Prodan , Sören Hohmann

Industrial electricity consumers with flexible demand can profit by adjusting their load to short-term prices and by providing balancing services to the grid. Markets which support this kind of short-term position adjustment are the…

最优化与控制 · 数学 2023-03-20 E. Finhold , C. Gärtner , R. Grindel , T. Heller , N. Leithäuser , E. Röger , F. Schirra

As pressures to decarbonize the electricity grid increase, the grid edge is witnessing a rapid adoption of distributed and renewable generation. As a result, traditional methods for reactive power management and compensation may become…

最优化与控制 · 数学 2024-04-04 Adam Potter , Rabab Haider , Giulio Ferro , Michela Robba , Anuradha M. Annaswamy

Retail electrical power marketers, also known as retailers, typically set up contracts with suppliers to secure electricity at fixed prices on the one hand and with end users to meet their load requirements at agreed rates on the other…

最优化与控制 · 数学 2016-07-28 Barati Masoud , Nikkhah Mojdehi Mohammad , Kazemi Ahad

The residual load and excess power generation of 27 European countries with a 100% penetration of variable renewable energy sources are explored in order to quantify the benefit of power transmission between countries. Estimates are based…

最优化与控制 · 数学 2014-02-13 Rolando A. Rodriguez , Sarah Becker , Gorm B. Andresen , Dominik Heide , Martin Greiner

Multilevel, multiarea, and hierarchically interconnected electrical power grids confront substantial challenges with the increasing integration of many volatile energy resources. The traditional isolated operation of interconnected power…

系统与控制 · 电气工程与系统科学 2020-07-07 Chenhui Lin , Wenchuan Wu