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This paper proposes an agent-based model that combines both spot and balancing electricity markets. From this model, we develop a multi-agent simulation to study the integration of the consumers' flexibility into the system. Our study…

系统与控制 · 计算机科学 2018-02-13 Florian Kühnlenz , Pedro H. J. Nardelli , Santtu Karhinen , Rauli Svento

The increasing integration of renewable energy sources and distributed energy resources (DER) into modern power systems introduces significant uncertainty, posing challenges for maintaining grid flexibility and reliability. Hybrid energy…

系统与控制 · 电气工程与系统科学 2025-10-31 Tanmay Mishra , Dakota Hamilton , Mads R. Almassalkhi

In this paper, we consider a realistic and meaningful scenario in the context of smart grids where an electricity retailer serves three different types of customers, i.e., customers with an optimal home energy management system embedded in…

系统与控制 · 计算机科学 2018-03-22 Fanlin Meng , Xiao-Jun Zeng , Yan Zhang , Chris J. Dent , Dunwei Gong

We investigate the optimal regulation of energy production in alignment with the long-term goals of the Paris Climate Agreement. We analyze the optimal regulatory incentives to foster the development of non-emissive electricity generation…

综合经济学 · 经济学 2025-02-11 René Aïd , Annika Kemper , Nizar Touzi

The large adoption of EVs brings practical interest to the operation optimization of the charging station. The joint scheduling of pricing and charging control will achieve a win-win situation both for the charging station and EV drivers,…

系统与控制 · 电气工程与系统科学 2022-12-08 Qilong Huang , Qing-Shan Jia , Xiang Wu , Shengyuan Xu , Xiaohong Guan

Electricity markets currently fail to incorporate preferences of buyers, treating polluting and renewable energy sources as having equal social benefit under a system of uniform clearing prices. Meanwhile, renewable energy is prone to…

系统与控制 · 电气工程与系统科学 2024-09-30 Emilie Jong , Samuel Chevalier , Spyros Chatzivasileiadis , Shie Mannor

In this paper, we solve the multiple product price optimization problem under interval uncertainties of the price sensitivity parameters in the demand function. The objective of the price optimization problem is to maximize the overall…

最优化与控制 · 数学 2021-07-01 Mahdi Hamzeei , Alvin Lim , Jiefeng Xu

Optimal management of thermal and energy grids with fluctuating demand and prices requires to orchestrate the generation units (GU) among all their operating modes. A hierarchical approach is proposed to control coupled energy nonlinear…

最优化与控制 · 数学 2023-06-29 Stefano Spinelli , Marcello Farina , Andrea Ballarino

Over the last few decades, electricity markets around the world have adopted multi-settlement structures, allowing for balancing of supply and demand as more accurate forecast information becomes available. Given increasing uncertainty due…

系统与控制 · 电气工程与系统科学 2020-03-16 Nathan Dahlin , Rahul Jain

The increase in renewable energy on the consumer side gives place to new dynamics in the energy grids. Participants in a microgrid can produce energy and trade it with their peers (peer-to-peer) with the permission of the energy provider.…

机器学习 · 计算机科学 2022-10-26 Nicolas Avila , Shahad Hardan , Elnura Zhalieva , Moayad Aloqaily , Mohsen Guizani

Demand response (DR) leverages demand-side flexibility, offering a promising approach to enhance market conditions like mitigating wholesale price spikes. However, poorly chosen DR locations can inadvertently increase electricity prices.…

系统与控制 · 电气工程与系统科学 2024-08-06 Yufan Zhang , Honglin Wen , Tao Feng , Yize Chen

With increasing energy prices, low income households are known to forego or minimize the use of electricity to save on energy costs. If a household is on a prepaid electricity program, it can be automatically and immediately disconnected…

系统与控制 · 电气工程与系统科学 2024-08-28 Maitreyee Marathe , Line A. Roald

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

We study the optimal control of battery energy storage under a general "pay-for-performance" setup such as providing frequency regulation and renewable integration. In these settings, batteries need to carefully balance the trade-off…

最优化与控制 · 数学 2018-07-31 Yuanyuan Shi , Bolun Xu , Yushi Tan , Daniel Kirschen , Baosen Zhang

Time-and-Level-of-Use (TLOU) is a recently proposed pricing policy for energy, extending Time-of-Use with the addition of a capacity that users can book for a given time frame, reducing their expected energy cost if they respect this…

最优化与控制 · 数学 2019-12-10 Mathieu Besançon , Miguel F. Anjos , Luce Brotcorne , Juan A. Gomez-Herrera

The Intergovernmental Panel on Climate Change proposes different mitigation strategies to achieve the net emissions reductions that would be required to follow a pathway that limits global warming to 1.5{\deg}C with no or limited overshoot.…

系统与控制 · 电气工程与系统科学 2021-12-10 Jonathan Dumas

Day-ahead scheduling of electricity generation or unit commitment is an important and challenging optimization problem in power systems. Variability in net load arising from the increasing penetration of renewable technologies have…

最优化与控制 · 数学 2018-08-06 Ali Irfan Mahmutogullari , Shabbir Ahmed , Ozlem Cavus , M. Selim Akturk

In control applications there is often a compromise that needs to be made with regards to the complexity and performance of the controller and the computational resources that are available. For instance, the typical hardware platform in…

系统与控制 · 电气工程与系统科学 2020-11-30 Eivind Bøhn , Sebastien Gros , Signe Moe , Tor Arne Johansen

Precise day-ahead forecasts for electricity prices are crucial to ensure efficient portfolio management, support strategic decision-making for power plant operations, enable efficient battery storage optimization, and facilitate demand…

机器学习 · 计算机科学 2026-03-31 Btissame El Mahtout , Florian Ziel

This paper focuses on the problem of energy imbalance management in amicrogrid. The problem is investigated from the power market perspective. Unlike the traditional power grid, a microgrid can obtain extra energy froma renewable energy…

系统与控制 · 电气工程与系统科学 2026-01-16 Wei-Yu Chiu , Hongjian Sun , H. Vincent Poor