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This paper addresses the problem of energy sharing between a population of price-taking agents who adopt decentralized primal-dual gradient dynamics to find the Competitive Equilibrium (CE). Although the CE is efficient, it does not ensure…

系统与控制 · 电气工程与系统科学 2024-09-09 Koorosh Shomalzadeh , Nima Monshizadeh

Recently, home energy management systems (HEMS) are gaining more popularity enabling customers to minimize their electricity bill under time-varying electricity prices. Although they offer a promising solution for better energy management…

最优化与控制 · 数学 2021-03-09 Babak Jeddi , Yateendra Mishra , Gerard Ledwich

In this paper, statistical machine learning algorithms, as well as deep neural networks, are used to predict the values of the price gap between day-ahead and real-time electricity markets. Several exogenous features are collected and…

系统与控制 · 电气工程与系统科学 2020-12-24 Nika Nizharadze , Arash Farokhi Soofi , Saeed D. Manshadi

This paper presents a multi-agent Deep Reinforcement Learning (DRL) framework for autonomous control and integration of renewable energy resources into smart power grid systems. In particular, the proposed framework jointly considers demand…

As power systems become more complex with the continuous integration of intelligent distributed energy resources (DERs), new risks and uncertainties arise. Consequently, to enhance system resiliency, it is essential to account for various…

系统与控制 · 电气工程与系统科学 2024-12-30 Md Isfakul Anam , Tuyen Vu , Jianhua Zhang

Energy storage are strategic participants in electricity markets to arbitrage price differences. Future power system operators must understand and predict strategic storage arbitrage behaviors for market power monitoring and capacity…

系统与控制 · 电气工程与系统科学 2024-02-02 Yuexin Bian , Ningkun Zheng , Yang Zheng , Bolun Xu , Yuanyuan Shi

The operation and planning of large-scale power systems are becoming more challenging with the increasing penetration of stochastic renewable generation. In order to minimize the decision risks in power systems with large amount of…

最优化与控制 · 数学 2019-03-14 Congmei Jiang , Yize Chen , Yongfang Mao , Yi Chai , Mingbiao Yu

In several European countries, regulatory frameworks now allow households to form energy communities and trade energy locally via local energy markets (LEMs). While multiple mechanisms exist to allocate locally produced energy among…

We propose a social welfare maximizing market mechanism for an energy community that aggregates individual and community-shared energy resources under a general net energy metering (NEM) policy. Referred to as Dynamic NEM (D-NEM), the…

系统与控制 · 电气工程与系统科学 2024-05-01 Ahmed S. Alahmed , Lang Tong

We address the co-optimization of behind-the-meter (BTM) distributed energy resources (DER), including flexible demands, renewable distributed generation (DG), and battery energy storage systems (BESS) under net energy metering (NEM)…

系统与控制 · 电气工程与系统科学 2025-03-12 Ruixiao Yang , Gulai Shen , Ahmed S. Alahmed , Chuchu Fan

Volt-VAR and Volt-Watt control functions are mechanisms that are included in distributed energy resource (DER) power electronic inverters to mitigate excessively high or low voltages in distribution systems. In the event that a subset of…

系统与控制 · 电气工程与系统科学 2022-01-31 Daniel Arnold , Sy-Toan Ngo , Ciaran Roberts , Yize Chen , Anna Scaglione , Sean Peisert

The rapid proliferation of distributed energy resources (DERs) and the electrification of residential loads offer significant potential for grid flexibility but pose stability challenges under static pricing regimes. Specifically, high…

最优化与控制 · 数学 2026-05-11 Xinyang Zhou , Jing Shang , Andrey Bernstein , Stefan Wager , Moody Saleh , Lara Pierpoint

Simulated environments are increasingly used by trading firms and investment banks to evaluate trading strategies before approaching real markets. Backtesting, a widely used approach, consists of simulating experimental strategies while…

As we transition towards a power grid that is increasingly based on renewable resources like solar and wind, the intelligent control of distributed energy resources (DER) including photovoltaic (PV) arrays, controllable loads, energy…

最优化与控制 · 数学 2014-10-02 Trudie Wang , Dan O'Neill , Haresh Kamath

In a dynamic distribution market environment, residential prosumers with solar power generation and battery energy storage devices can flexibly interact with the power grid via power exchange. Providing a schedule of this bidirectional…

系统与控制 · 电气工程与系统科学 2023-09-19 Yang Li , D. Mahinda Vilathgamuwa , Daniel E. Quevedo , Chih Feng Lee , Changfu Zou

This paper proposes a decentralized energy management (DEM) strategy for a network of local microgrids, providing economically balanced energy schedules for all participating microgrids. The proposed DEM strategy can preserve the privacy of…

系统与控制 · 电气工程与系统科学 2023-04-10 Jesus Silva-Rodriguez , Xingpeng Li

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

We present a general computational framework for solving continuous-time financial market equilibria under minimal modeling assumptions while incorporating realistic financial frictions, such as trading costs, and supporting multiple…

数理金融 · 定量金融 2025-04-08 Anastasis Kratsios , Xiaofei Shi , Qiang Sun , Zhanhao Zhang

The cost of the power distribution infrastructures is driven by the peak power encountered in the system. Therefore, the distribution network operators consider billing consumers behind a common transformer in the function of their peak…

系统与控制 · 电气工程与系统科学 2022-04-01 Wenqi Cai , Hossein N. Esfahani , Arash B. Kordabad , Sébastien Gros

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…

分布式、并行与集群计算 · 计算机科学 2023-11-21 Sakshi Mishra , Roohallah Khatami , Yu Christine Chen