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This paper presents a dynamic pricing and energy management framework for electric vehicle (EV) charging service providers. To set the charging prices, the service providers faces three uncertainties: the volatility of wholesale electricity…

信号处理 · 电气工程与系统科学 2018-01-10 Chao Luo , Yih-Fang Huang , Vijay Gupta

There is growing interest in the use of grid-level storage to smooth variations in supply that are likely to arise with increased use of wind and solar energy. Energy arbitrage, the process of buying, storing, and selling electricity to…

最优化与控制 · 数学 2015-09-01 Daniel R. Jiang , Warren B. Powell

We consider an optimal trading problem over a finite period of time during which an investor has access to both a standard exchange and a dark pool. We take the exchange to be an order-driven market and propose a continuous-time setup for…

数理金融 · 定量金融 2016-01-13 M. Alessandra Crisafi , Andrea Macrina

We develop a stochastic game-theoretic model for intraday dispatch of grid-scale battery energy storage systems (BESSs). We assume that each BESS operator competitively manages her state-of-charge to maximize energy arbitrage revenues,…

最优化与控制 · 数学 2026-05-11 Ruimeng Hu , Mike Ludkovski , Hezhong Zhang

In this paper we develop a novel method of wholesale electricity market modeling. Our optimization-based model decomposes wholesale supply and demand curves into buy and sell orders of individual market participants. In doing so, the model…

综合经济学 · 经济学 2019-11-18 Sergei Kulakov , Florian Ziel

The smart grid vision entails advanced information technology and data analytics to enhance the efficiency, sustainability, and economics of the power grid infrastructure. Aligned to this end, modern statistical learning tools are leveraged…

机器学习 · 统计学 2015-06-17 Vassilis Kekatos , Yu Zhang , Georgios B. Giannakis

The freight industry is undergoing a digital revolution, with an ever-growing volume of transactions being facilitated by digital marketplaces. A core capability of these marketplaces is the fulfillment of demand for truckload movements…

数据结构与算法 · 计算机科学 2026-03-26 Philip Kaminsky , Rachitesh Kumar , Roger Lederman

This paper introduces a model for coordinating prosumers with heterogeneous distributed energy resources (DERs), participating in the local energy market (LEM) that interacts with the market-clearing entity. The proposed LEM scheme utilizes…

Demand response (DR) programs play a crucial role in improving system reliability and mitigating price volatility by altering the core profile of electricity consumption. This paper proposes a game-theoretical model that captures the…

综合经济学 · 经济学 2024-11-26 Arega Getaneh Abate , Rosana Riccardi , Carlos Ruiz

In this paper, we examine in an abstract framework, how a tradeoff between efficiency and robustness arises in different dynamic oligopolistic market architectures. We consider a market in which there is a monopolistic resource provider and…

系统与控制 · 计算机科学 2013-10-02 Qingqing Huang , Mardavij Roozbehani , Munther A Dahleh

In this paper we study the so-called minimum income condition order, which is used in some day-ahead electricity power exchanges to represent the production-related costs of generating units. This order belongs to the family of complex…

综合经济学 · 经济学 2022-09-02 Dávid Csercsik

We consider a general small-scale market for agent-to-agent resource sharing, in which each agent could either be a server (seller) or a client (buyer) in each time period. In every time period, a server has a certain amount of resources…

计算机科学与博弈论 · 计算机科学 2018-01-01 Bainan Xia , Srinivas Shakkottai , Vijay Subramanian

Large, spatially flexible electricity consumers such as data centers can reallocate demand across locations, influencing dispatch and prices in wholesale electricity markets. While flexible load is often assumed to improve system…

系统与控制 · 电气工程与系统科学 2026-04-14 Aron Brenner , Deepjyoti Deka , Line Roald , Saurabh Amin

The electricity distribution grid was not designed to cope with load dynamics imposed by high penetration of electric vehicles, neither to deal with the increasing deployment of distributed Renewable Energy Sources. Distribution System…

计算机与社会 · 计算机科学 2017-12-19 José Horta , Daniel Kofman , David Menga

The rising share of volatile renewable generation increases the demand for flexibility in the electricity grid. Flexible capacity can be offered by industrial energy systems through participation on either the continuous intraday,…

最优化与控制 · 数学 2022-12-26 Niklas Nolzen , Alissa Ganter , Nils Baumgärtner , Ludger Leenders , André Bardow

During the last years, European intraday power markets have gained importance for balancing forecast errors due to the rising volumes of intermittent renewable generation. However, compared to day-ahead markets, the drivers for the intraday…

统计金融 · 定量金融 2023-10-06 Simon Hirsch , Florian Ziel

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…

The adoption of electric vehicles (EVs), including electric taxis and buses, as a mode of transportation, is rapidly increasing in cities. In addition to providing economic and environmental benefits, these fleets can potentially…

最优化与控制 · 数学 2023-11-21 Mostafa Mohammadian , Constance Crozier , Kyri Baker

We study a finite-horizon dynamic wholesale-price contract between a manufacturer and a retailer, both of whom observe only sales, rather than the true demand. When the retailer stocks out, unmet demand is unobserved, so both parties update…

计算机科学与博弈论 · 计算机科学 2026-03-17 Michalis Deligiannis , Marco Scarsini , Xavier Venel

Electricity market design that accounts for grid constraints such as voltage and thermal limits at the distribution level can increase opportunities for the grid integration of Distributed Energy Resources (DERs). In this paper, we consider…

系统与控制 · 电气工程与系统科学 2026-02-24 Zeinab Salehi , Elizabeth L. Ratnam , Yijun Chen , Ian R. Petersen , Guodong Shi , Duncan S. Callaway