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Cost optimal scenarios derived from models of a highly renewable electricity system depend on the specific input data, cost assumptions and system constraints. Here this influence is studied using a techno-economic optimisation model for a…

物理与社会 · 物理学 2018-08-21 David P. Schlachtberger , Tom Brown , Mirko Schäfer , Stefan Schramm , Martin Greiner

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…

最优化与控制 · 数学 2024-09-09 Rene Carmona , Xinshuo Yang , Siddharth Bhela , Claire Zeng

This work seeks to quantify the benefits of using energy storage toward the reduction of the energy generation cost of a power system. A two-fold optimization framework is provided where the first optimization problem seeks to find the…

系统与控制 · 电气工程与系统科学 2020-10-06 Yue Shen , Maxim Bichuch , Enrique Mallada

The manufacturing industry is under growing pressure to enhance sustainability while preserving economic competitiveness. As a result, manufacturers have been trying to determine how to integrate onsite renewable energy and real-time…

系统与控制 · 电气工程与系统科学 2025-07-22 Hongliang Li , Herschel C. Pangborn , Ilya Kovalenko

The energy transition is expected to significantly increase the share of renewable energy sources whose production is intermittent in the electricity mix. Apart from key benefits, this development has the major drawback of generating a…

交易与市场微观结构 · 定量金融 2023-01-30 Thibaut Théate , Antonio Sutera , Damien Ernst

In this paper, we consider the electricity cost minimization problem in a residential network where each community is equipped with a distributed power generation source and every household in the community has a set of essential and…

最优化与控制 · 数学 2012-12-11 Yi Liu , Naveed Ul Hassan , Shisheng Huang , Chau Yuen

The amalgamation of Internet of Things and the smart grid enables the energy optimal scheduling of appliances based on user needs and dynamic energy prices. Additionally, progress in local storage technology calls for exploiting additional…

系统与控制 · 电气工程与系统科学 2022-11-17 Brian Setz , Kawsar Haghshenas , Marco Aiello

The rising energy prices in Europe and the urgent need to address global warming have sparked a significant increase in the installation of domestic photovoltaic systems to harness solar energy. However, since solar energy is available only…

最优化与控制 · 数学 2023-10-17 Tom Nonnenmacher , Jenny Nelson , Benedict Winchester

The large-scale integration of renewable generation directly affects the reliability of power grids. We investigate the problem of power balancing in a general renewable-integrated power grid with storage and flexible loads. We consider a…

系统与控制 · 计算机科学 2016-06-06 Sun Sun , Min Dong , Ben Liang

Extreme weather events stemming from climate change can cause significant damage and disruption to power systems. Failure to mitigate and adapt to climate change and its cascading effects can lead to short and long term issues. The profound…

应用物理 · 物理学 2022-09-22 Rouzbeh Shirvani , Tarannom Parhizkar

The optimization-based design of renewable energy systems is a computationally demanding task because of the high temporal fluctuation of supply and demand time series. In order to reduce these time series, the aggregation of typical…

最优化与控制 · 数学 2018-02-01 Leander Kotzur , Peter Markewitz , Martin Robinius , Detlef Stolten

Integrating a high share of electricity from non-dispatchable Renewable Energy Sources in a power supply system is a challenging task. One option considered in many studies dealing with prospective power systems is the installation of…

物理与社会 · 物理学 2014-10-09 Stefan Weitemeyer , David Kleinhans , Thomas Vogt , Carsten Agert

In the field of microgrids with a significant integration of Renewable Energy Sources, the efficient and practical power storage systems requirement is causing DC microgrids to gain increasing attention. However, uncertainties in power…

In this paper we formulate an optimization approach to schedule electrical loads given a short term prediction of time-varying power production and the ability to store only a limited amount of electrical energy. The proposed approach is…

最优化与控制 · 数学 2016-11-15 Raymond A. de Callafon , Abdulelah H. Habib , Jan Kleissl

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…

系统与控制 · 电气工程与系统科学 2025-10-15 Pål Forr Austnes , Matthieu Jacobs , Lu Wang , Mario Paolone

Sustainable energy systems require flexible elements to balance the variability of renewable energy sources. Demand response aims to adapt the demand to the variable generation, in particular by shifting the load in time. In this article,…

物理与社会 · 物理学 2022-07-04 Chengyuan Han , Dirk Witthaut , Leonardo Rydin Gorjão , Philipp C. Böttcher

We show how to value both variable generation and energy storage to enable them to be integrated fairly and optimally into electricity capacity markets. We develop theory based on balancing expected energy unserved against costs of capacity…

最优化与控制 · 数学 2021-08-10 Stan Zachary , Amy Wilson , Chris Dent

Seasonal climate variations affect electricity demand, which in turn affects month-to-month electricity planning and operations. Electricity system planning at the monthly timescale can be improved by adapting climate forecasts to estimate…

系统与控制 · 电气工程与系统科学 2019-11-12 A. R. de Queiroz , D. Mulcahy , A. Sankarasubramanian , J. P. Deane , G. Mahinthakumar , N. Lu , J. F. DeCarolis

Volatile electrical energy prices are a challenge and an opportunity for small and medium-size companies in energy-intensive industries. By using electrical energy storage and/or an adaptation of production processes, companies can…

最优化与控制 · 数学 2023-11-21 Michael Stiglmayr , Svenja Uhlemeyer , Björn Uhlemeyer , Markus Zdrallek

In this paper, we consider the problem of preferentially utilizing intermittent renewable power, such as wind, optimally to support thermal inertial loads in a microgrid environment. Thermal inertial loads can be programmed to…

系统与控制 · 电气工程与系统科学 2024-12-06 Gaurav Sharma , P R Kumar