相关论文: Optimal Operation of HVDC Interconnector: Irish Ca…
This paper investigates optimal execution strategies in intraday energy markets through a mutually exciting Hawkes process model. Calibrated to data from the German intraday electricity market, the model effectively captures key empirical…
This paper addresses the optimal operation problem of a PV-diesel microgrid considering grid blackouts, which is a usual case of discontinuous power supply in developing countries. The model of a grid-connected PV-diesel microgrid is…
We propose a new forward electricity market framework that admits heterogeneous market participants with second-order cone strategy sets, who accurately express the nonlinearities in their costs and constraints through conic bids, and a…
The imminent advent of large-scale green hydrogen (H2) production raises the central question of which of the two options, transporting "green" molecules, or transporting "green" electrons, is the most cost-effective one. This paper…
European countries are ambitious in both the net-zero transition and offshore energy resource development. The Irish and UK governments announced their commitments to offshore wind capacities - 37 and 125 GW, respectively, in 2050, more…
This paper proposes an electronic circuit simulator-based method to accelerate the power system transient simulation, where the modeling of a generic HVDC (High Voltage Direct Current) system is focused. The electronic circuit simulation…
The decarbonization of the power sector plays a pivotal role in economy-wide decarbonization to set the world on track to limit warming to 1.5{\deg}C by 2050. Carbon emission markets can play a significant role in this transition by putting…
We present a hierarchical framework aimed at decentralizing the distribution systems market operations using localized peer-to-peer energy markets. Hierarchically designed decision-making algorithm approaches the power systems market…
The traditional Power Grid has been designed in a hierarchical fashion, with Energy pushed from the large scale production facilities towards the end users. But with the increasing availability of micro and medium scale generating…
Vehicle-to-grid (V2G) technology empowers electric vehicles (EVs) to act as mobile energy resources, providing critical support to power systems, especially under stressed conditions. To understand the economic mechanism driving V2G…
The increased need for reliable, resilient, and high quality power combined with a falling cost of distributed generation technologies has resulted in a rapid growth of microgrid in power systems. Although providing multitude of benefits,…
In recent years, significant efforts for improving the technical and the economic performance of smart grids have been applied with the presence of different players making decisions in these grids. This paper proposes a bi-level…
Contemporary electricity distribution systems are being challenged by the variability of renewable energy sources. Slow response times and long energy management periods cannot efficiently integrate intermittent renewable generation and…
The effective allocation of cross-border trading capacities is one of the central challenges for the implementation of a pan-European internal energy market. In contrast to traditional power flow-ignorant methods like net transfer…
This study proposes a bi-level optimization program to represent the electric vehicle (EV) charging infrastructure design and utilization management problem with user-equilibrium (UE) decisions. The upper level aims to minimize total…
Since the 1990s, widespread introduction of central (wholesale) electricity markets has been seen across multiple continents, driven by the search for efficient operation of the power grid through competition. The increase of renewables has…
Increased penetration of wind energy will make electricity market prices more volatile. As a result, market participants will bear increased financial risks, which impact investment decisions and in turn, makes it harder to achieve…
The development of renewable energy generation empowers microgrids to generate electricity to supply itself and to trade the surplus on energy markets. To minimize the overall cost, a microgrid must determine how to schedule its energy…
Peer-to-peer energy trading platforms enable direct electricity exchanges between peers who belong to the same energy community. In a semi-decentralized system, a community manager adheres to grid restrictions while optimizing social…
Electrification of all economic sectors and solar photovoltaics (PV) becoming the lowest-cost electricity generation technology in ever more regions give rise to new potential gains of trade. We develop a stylized analytical model to…