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Due to the limited predictability of wind power and other stochastic generation, trading this energy in competitive electricity markets is challenging. This paper derives revenue-maximising and risk-constrained strategies for stochastic…

综合金融 · 定量金融 2018-05-31 Jethro Browell

We examine market outcomes in energy transport networks with a focus on gas-fired generators, which are producers in a wholesale electricity market and consumers in the natural gas market. Market administrators monitor bids to determine…

系统与控制 · 电气工程与系统科学 2026-04-21 Noah Rhodes , Sachin Shivakumar , Luke S. Baker , Kaarthik Sundar , Anatoly Zlotnik

Peer-to-peer (P2P) energy trading is a promising market scheme to accommodate the increasing distributed energy resources (DERs). However, how P2P to be integrated into the existing power systems remains to be investigated. In this paper,…

计算工程、金融与科学 · 计算机科学 2022-08-24 Yu Yang , Yue Chen , Guoqiang Hu , Costas J. Spanos

Hybrid microgrids integrating Grid-Following (GFL) and Grid-Forming (GFM) inverters present complex control challenges arising from the decoupling between long-term economic dispatch and real-time dynamic regulation, as well as the distinct…

系统与控制 · 电气工程与系统科学 2026-01-21 Lifu Ding , Chunhui Hou , Yutong Li , Qinmin Yang

Taking concrete steps towards a carbon-free society, the Danish Parliament has recently made an agreement on the establishment of the world's first two offshore energy hubs, one on the island of Bornholm and one on an artificial island in…

As microgrids have advanced from early prototypes to relatively mature technologies, converting data center integrated commercial buildings to microgrids provides economic, reliability and resiliency enhancements for the building owners.…

最优化与控制 · 数学 2018-03-05 Yishen Wang , Zhehan Yi , Di Shi , Zhe Yu , Bibin Huang , Zhiwei Wang

The electricity distribution grid was not designed to cope with load dynamics imposed by high penetration of electric vehicles, neither to deal with the increasing deployment of distributed Renewable Energy Sources. Distribution System…

计算机与社会 · 计算机科学 2017-12-19 José Horta , Daniel Kofman , David Menga

The close integration of increasing operating units into an integrated energy system (IES) results in complex interconnections between these units. The strong dynamic interactions create barriers to designing a successful distributed…

系统与控制 · 电气工程与系统科学 2023-05-10 Long Wu , Xunyuan Yin , Lei Pan , Jinfeng Liu

The power generation with non-renewable energy sources has very harmful effects on the environment as well as these sources are depleting. On the other side the renewable energy sources are quite unpredictable source of power. The best…

系统与控制 · 计算机科学 2017-01-30 Naresh Kumari , A. N. Jha , Nitin Malik

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

Efficient markets are characterised by profit-driven participants continuously refining their positions towards the latest insights. Margins for profit generation are generally small, shaping a difficult landscape for automated trading…

计算工程、金融与科学 · 计算机科学 2025-04-16 Robin Bruneel , Mathijs Schuurmans , Panagiotis Patrinos

Electricity price is a key factor affecting the decision-making for all market participants. Accurate forecasting of electricity prices is very important and is also very challenging since electricity price is highly volatile due to various…

机器学习 · 计算机科学 2021-12-28 Vasudharini Sridharan , Mingjian Tuo , Xingpeng Li

As multi-microgrids become readily available, some limited models have been proposed that study operational and power quality constraints with local energy markets independently. This paper proposes a convex optimization model of an energy…

In this paper, we investigate the scheduling issue of diesel generators (DGs) in an Internet of Things (IoT)-Driven isolated microgrid (MG) by deep reinforcement learning (DRL). The renewable energy is fully exploited under the uncertainty…

机器学习 · 计算机科学 2023-07-07 Jiaju Qi , Lei Lei , Kan Zheng , Simon X. Yang , Xuemin , Shen

Control reserves are power generation or consumption entities that ensure balance of supply and demand of electricity in real-time. In many countries, they are operated through a market mechanism in which entities provide bids. The system…

计算机科学与博弈论 · 计算机科学 2016-11-22 Pier Giuseppe Sessa , Neil Walton , Maryam Kamgarpour

A status report about the International Lattice Data Grid (ILDG) is given. Different countries participating in the ILDG have created regional lattice data grid solutions that are implemented, working and used. The remaining task and the…

高能物理 - 格点 · 物理学 2011-07-19 Karl Jansen

The energy transition will lead to an imbalance in electric power generation and demand along the north-south axis of Germany. To manage this imbalance, the transmission system operators proposed a network development plan that requires…

最优化与控制 · 数学 2017-09-08 Matthias Hotz , Irina Boiarchuk , Dominic Hewes , Rolf Witzmann , Wolfgang Utschick

Investments into renewable energy are increasing rapidly around the world. Energy system models are able to provide insights into optimal investment capacities and thus are widely used to aid the long-term investment decision-making under…

最优化与控制 · 数学 2022-01-06 Ni Wang , Remco A. Verzijlbergh , Petra W. Heijnen , Paulien M. Herder

In this work, a novel optimal scheduling approach is proposed for isolated microgrids (MGs) with renewable generations by incorporating demand response of electric vehicles (EVs). First, a bi-level programming-based MG scheduling model is…

信号处理 · 电气工程与系统科学 2019-09-02 Yang Li , Kang Li

Electricity demand of electric railways is a relatively unexplored source of flexibility in demand response applications in power systems. In this paper, we propose a transactive control based optimization framework for coordinating the…

系统与控制 · 电气工程与系统科学 2020-06-16 David D'Achiardi , Anuradha M. Annaswamy , Sudip K. Mazumder , Eduardo Pilo