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In recent years extensive research has been conducted on the development of different models that enable energy trading between prosumers and consumers due to expected high integration of distributed energy resources. Some of the most…

Pricing and settlement mechanisms are crucial for efficient re-source allocation, investment incentives, market competition, and regulatory oversight. In the United States, Regional Transmission Operators (RTOs) adopts a uniform pricing…

系统与控制 · 电气工程与系统科学 2024-10-30 Hamid Davoudi , Fengyu Wang , Yonghong Chen , Di Shi , Alinson Xavier , Feng Qiu

A multiple market trading mechanism for the VPP to participate in electricity, renewable energy certificate (REC) and carbon emission right (CER) markets is proposed. With the introduction of the inventory mechanism of REC and CER, the…

系统与控制 · 电气工程与系统科学 2022-08-09 Zhihong Huang , Ye Guo , Qiuwei Wu , Li Xiao , Hongbin Sun

Large deployment of distribute energy resources and the increasing awareness of end-users towards their energy procurement are challenging current practices of electricity markets. A change of paradigm, from a top-down hierarchical approach…

最优化与控制 · 数学 2020-09-18 Fabio Moret , Andrea Tosatto , Thomas Baroche , Pierre Pinson

As the number of prosumers with distributed energy resources (DERs) grows, the conventional centralized operation scheme may suffer from conflicting interests, privacy concerns, and incentive inadequacy. In this paper, we propose an energy…

计算机科学与博弈论 · 计算机科学 2022-06-29 Yue Chen , Changhong Zhao , Steven H. Low , Adam Wierman

With the rapid development of distributed energy resources, increasing number of residential and commercial users have been switched from pure electricity consumers to prosumers that can both consume and produce energy. To properly manage…

分布式、并行与集群计算 · 计算机科学 2023-09-15 Bing Liu , Furan Xie , Li Chai

The growing penetration of renewable energy requires upgrades to the transmission network to ensure the deliverability of renewable generation. As an efficient alternative to transmission expansion, flexible transmission technologies, whose…

系统与控制 · 电气工程与系统科学 2023-10-25 Xinyang Rui , Omid Mirzapour , Brittany Pruneau , Mostafa Sahraei-Ardakani

The implementation of electricity markets based on locational marginal pricing in a multi-settlement process has allowed wholesale competition, with pricing mechanisms that incentivize the optimal allocation of generation, transmission, and…

系统与控制 · 电气工程与系统科学 2020-12-29 Veronica R. Bosquezfoti , Andrew L. Liu

Financial transmission right (FTR) is an important tool and an especially feature for stopping congestion charges in restructured electricity markets. Participants in the transmission market as players are assumed to be a generation company…

计算机科学与博弈论 · 计算机科学 2019-02-26 Saeed Ahmadian , Ramin Farajifijani

Electricity market mechanisms designed to steer sustainable generation of electricity play an important role for the energy transition intended to mitigate climate change. One of the major problems is to complement volatile renewable energy…

计算机与社会 · 计算机科学 2017-05-01 Cem Kiyak , Andreas de Vries

Distribution markets are among the prospect being considered for the future of power systems. They would facilitate integration of distributed energy resources (DERs) and microgrids via a market mechanism and enable them to monetize…

系统与控制 · 计算机科学 2016-08-09 Sina Parhizi , Amin Khodaei

The energetic flexibility of electric energy resources can be exploited when trading on wholesale energy and ancillary service markets. This paper considers the problem of a Balance Responsible Party to maximize its profit from trading on…

系统与控制 · 计算机科学 2018-04-12 Fabian L. Müller , Stefan Woerner , John Lygeros

Peer-to-peer (P2P) energy trading is becoming central to modern distribution systems as rooftop PV and home energy management systems become pervasive, yet most existing market and reinforcement learning designs emphasize efficiency or…

系统与控制 · 电气工程与系统科学 2025-08-27 Shrenik Jadhav , Birva Sevak , Srijita Das , Akhtar Hussain , Wencong Su , Van-Hai Bui

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

Increasing penetrations of distributed energy resources (DERs) and responsive loads (RLs) in the electric power distribution systems calls for a mechanism for joint supply-demand coordination. Recently, several transactive/bilateral…

系统与控制 · 电气工程与系统科学 2021-07-01 Mohammad Ostadijafari , Juan Carlos Bedoya , Anamika Dubey , Chen-Ching Liu

Spectrum being a very scarce natural resource of a country has to be judicially used for the purpose of nation building and the allocation process to telecom operators should be very transparent and ethical. There are various ways of how…

计算机与社会 · 计算机科学 2015-06-04 Dr. Nour El-kadri , Julia Ricketti , Raja Pethanasamy , Sowmyan Jegatheesan

Peer-to-peer energy trading is emerging as a new paradigm that in the near future may disrupt conventional electricity markets and heavily affect energy exchanges in networks of microgrids. In this paper, a preference mechanism is…

系统与控制 · 电气工程与系统科学 2019-09-17 Li Bai , Dimitri Thomopulos , Emanuele Crisostomi

Decarbonizing electric grids is a crucial global endeavor in the pursuit of carbon neutrality. Taking carbon emissions from generation into account when pricing electricity usage is an essential way to achieve this goal. However, such…

最优化与控制 · 数学 2024-04-19 Yue Chen , Changhong Zhao

Over the past years, distributed energy resources (DER) have been the object of many studies, which recognise and establish their emerging role in the future of power systems. However, the implementation of many scenarios and mechanism are…

系统与控制 · 计算机科学 2018-09-20 Jaysson Guerrero , Archie Chapman , Gregor Verbic

The main goal of a sequential two-stage electricity market -- e.g., day-ahead and real-time markets -- is to operate efficiently. However, the price difference across stages due to inadequate competition and unforeseen circumstances leads…

最优化与控制 · 数学 2023-09-19 Rajni Kant Bansal , Yue Chen , Pengcheng You , Enrique Mallada
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