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This paper studies the static economic optimization problem of a system with a single aggregator and multiple prosumers in a Real-Time Balancing Market (RTBM). The aggregator, as the agent responsible for portfolio balancing, needs to…

最优化与控制 · 数学 2023-04-28 Koorosh Shomalzadeh , Jacquelien M. A. Scherpen , M. Kanat Camlibel

Electric vehicle (EV) charging couples the operation of power and traffic networks. Specifically, the power network determines the charging price at various locations, while EVs on the traffic network optimize the charging power given the…

系统与控制 · 电气工程与系统科学 2023-09-06 Yufan Zhang , Sujit Dey , Yuanyuan Shi

Electricity markets typically clear in two stages: a day-ahead market and a real-time market. In this paper, we propose market mechanisms for a two-stage multi-interval electricity market with energy storage, generators, and demand…

最优化与控制 · 数学 2024-03-08 Rajni Kant Bansal , Enrique Mallada , Patricia Hidalgo-Gonzalez

The increasing interconnection of power systems through AC and DC links enables energy storage units to access multiple electricity markets yet most existing arbitrage models remain limited to singlemarket participation This gap restricts…

系统与控制 · 电气工程与系统科学 2026-04-09 Md Umar Hashmi , Harsha Nagarajan , Dirk Van Hertem1

The paper proposes a framework for modeling and analysis of the dynamics of supply, demand, and clearing prices in power system with real-time retail pricing and information asymmetry. Real-time retail pricing is characterized by passing on…

系统与控制 · 计算机科学 2011-06-08 Mardavij Roozbehani , Munther A Dahleh , Sanjoy K Mitter

Adoption of battery energy storage systems for behind-the-meters application offers valuable benefits for demand charge management as well as increasing PV-utilization. The key point is that while the benefit/cost ratio for a single…

系统与控制 · 计算机科学 2017-12-20 M. E. Raoufat , B. Asghari , R. Sharma

Power grids are moving towards 100% renewable energy source bulk power grids, and the overall dynamics of power system operations and electricity markets are changing. The electricity markets are not only dispatching resources economically…

机器学习 · 计算机科学 2023-09-13 Milan Jain , Xueqing Sun , Sohom Datta , Abhishek Somani

Reinforcement learning (RL) and model predictive control (MPC) each offer distinct advantages and limitations when applied to control problems in power and energy systems. Despite various studies on these methods, benchmarks remain lacking…

系统与控制 · 电气工程与系统科学 2024-07-23 Mohamad Fares El Hajj Chehade , Young-ho Cho , Sandeep Chinchali , Hao Zhu

As the share of variable renewable energy sources increases in the electricity mix, new solutions are needed to build a flexible and reliable grid. Energy arbitrage with battery storage systems supports renewable energy integration into the…

最优化与控制 · 数学 2025-12-17 Alban Puech , Gorazd Dimitrov , Claudia D'Ambrosio

Accurate prediction of electricity prices plays an essential role in the electricity market. To reflect the uncertainty of electricity prices, price intervals are predicted. This paper proposes a novel prediction interval construction…

机器学习 · 计算机科学 2025-01-15 Xin Lu

Dynamic pricing is both an opportunity and a challenge to the demand side. It is an opportunity as it better reflects the real time market conditions and hence enables an active demand side. However, demand's active participation does not…

系统与控制 · 电气工程与系统科学 2019-12-04 Jiaman Wu , Zhiqi Wang , Chenye Wu , Kui Wang , Yang Yu

The wide adoption of wireless devices in the Internet of Things requires controllers that are able to operate with limited resources, such as battery life. Operating these devices robustly in an uncertain environment, while managing…

系统与控制 · 电气工程与系统科学 2021-12-03 Yingzhao Lian , Yuning Jiang , Naomi Stricker , Lothar Thiele , Colin N. Jones

Lithium-ion battery packs demand effective active equalization systems to enhance their usable capacity and lifetime. Despite numerous topologies and control schemes proposed in the literature, conducting quantitative analyses,…

系统与控制 · 电气工程与系统科学 2024-03-07 Quan Ouyang , Nourallah Ghaeminezhad , Yang Li , Torsten Wik , Changfu Zou

This paper presents a scheme for dual robust control of batch processes under parametric uncertainty. The dual-control paradigm arises in the context of adaptive control. A trade-off should be decided between the control actions that…

系统与控制 · 电气工程与系统科学 2019-06-21 Radoslav Paulen , Miroslav Fikar

Islanded microgrids powered by renewable energy require costly energy storage systems due to the uncontrollable generators. Energy storage needs are amplified when load and generation are misaligned on hourly, monthly, or seasonal…

系统与控制 · 电气工程与系统科学 2021-02-11 Jonathan Cohen , Michael Kane , Alexia Marriott , Franklin Ollivierre , Krissy Govertsen

Accommodating the uncertain and variable renewable energy sources (VRES) in electricity markets requires sophisticated and scalable tools to achieve market efficiency. To account for the uncertain imbalance costs in the real-time market…

系统与控制 · 电气工程与系统科学 2023-05-17 Dongwei Zhao , Vladimir Dvorkin , Stefanos Delikaraoglou , Alberto J. Lamadrid L. , Audun Botterud

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

This thesis presents the design, analysis, and validation of a hierarchical transactive control system that engages demand response resources to enhance the integration of renewable electricity generation resources. This control system…

系统与控制 · 计算机科学 2017-12-08 David P. Chassin

In energy systems with high shares of weather-driven renewable power sources, gas-fired power plants can serve as a back-up technology to ensure security of supply and provide short-term flexibility. Therefore, a tighter coordination…

最优化与控制 · 数学 2018-05-17 Christos Ordoudis , Pierre Pinson , Juan M. Morales

Utilities use demand response to shift or reduce electricity usage of flexible loads, to better match electricity demand to power generation. A common mechanism is peak pricing (PP), where consumers pay reduced (increased) prices for…

最优化与控制 · 数学 2017-10-02 John Audie Cabrera , Yonatan Mintz , Jhoanna Rhodette Pedrasa , Anil Aswani