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The increasing attention to environmental issues is forcing the implementation of novel energy models based on renewable sources, fundamentally changing the configuration of energy management and introducing new criticalities that are only…

物理与社会 · 物理学 2015-09-09 Mario Mureddu , Guido Caldarelli , Alessandro Chessa , Antonio Scala , Alfonso Damiano

Two-sided marketplaces embody heterogeneity in incentives: producers seek exposure while consumers seek relevance, and balancing these competing objectives through constrained optimization is now a standard practice. Yet real platforms face…

计算机科学与博弈论 · 计算机科学 2026-02-13 Dominykas Seputis , Alexander Timans , Rajeev Verma

Major online platforms today can be thought of as two-sided markets with producers and customers of goods and services. There have been concerns that over-emphasis on customer satisfaction by the platforms may affect the well-being of the…

社会与信息网络 · 计算机科学 2019-11-21 Gourab K Patro , Abhijnan Chakraborty , Niloy Ganguly , Krishna P. Gummadi

With the sustained deployment of distributed generation capacities and the more proactive role of consumers, power systems and their operation are drifting away from a conventional top-down hierarchical structure. Electricity market…

系统与控制 · 计算机科学 2018-09-25 Etienne Sorin , Lucien Bobo , Pierre Pinson

Short-term electricity markets are becoming more relevant due to less-predictable renewable energy sources, attracting considerable attention from the industry. The balancing market is the closest to real-time and the most volatile among…

机器学习 · 计算机科学 2024-02-14 Ciaran O'Connor , Joseph Collins , Steven Prestwich , Andrea Visentin

According to the fundamental theorems of welfare economics, any competitive equilibrium is Pareto efficient. Unfortunately, competitive equilibrium prices only exist under strong assumptions such as perfectly divisible goods and convex…

计算机科学与博弈论 · 计算机科学 2023-05-24 Mete Şeref Ahunbay , Martin Bichler , Johannes Knörr

In response to the increasing complexity of electricity markets due to low-carbon requirements and the integration of sustainable energy sources, this paper proposes a dynamic quantum computing enhanced bilevel optimization model for…

系统与控制 · 电气工程与系统科学 2024-10-29 Shuyang Zhu , Ziqing Zhu

In this paper we introduce a continuous time multi stage stochastic optimization for scheduling generating units, their commitment, reserve capacities and their continuous time generation profiles in the day-ahead wholesale electricity…

最优化与控制 · 数学 2018-03-21 Kári Hreinsson , Bita Analui , Anna Scaglione

As consumer flexibility becomes expected, it is important that the market mechanisms which attain that flexibility are perceived as fair. We set out fairness issues in energy markets today, and propose a market design to address them.…

系统与控制 · 电气工程与系统科学 2025-07-17 Shaun Sweeney , Chris King , Mark O'Malley , Robert Shorten

This paper introduces a new computational framework to account for uncertainties in day-ahead electricity market clearing process in the presence of demand response providers. A central challenge when dealing with many demand response…

信号处理 · 电气工程与系统科学 2017-12-01 Hao Ming , Le Xie , Marco Campi , Simone Garatti , P. R. Kumar

Renewable energy productions and electrification of mobility are promising solutions to reduce greenhouse gas emissions. Their effective integration in a power grid encounters several challenges. The uncertain nature of renewable energy…

系统与控制 · 电气工程与系统科学 2023-01-11 Manijeh Alipour , Omid Alizadeh-Mousavi

We consider a market in which capacity-constrained generators compete in scalar-parameterized supply functions to serve an inelastic demand spread throughout a transmission constrained power network. The market clears according to a…

计算机科学与博弈论 · 计算机科学 2019-01-29 Weixuan Lin , Eilyan Bitar

The ATLAS model simulates the various stages of the electricity market chain in Europe, including the formulation of offers by different market actors, the coupling of European markets, strategic optimization of production portfolios and,…

综合经济学 · 经济学 2024-02-21 Florent Cogen , Emily Little , Virginie Dussartre , Quentin Bustarret

Virtual power plant (VPP) provides a flexible solution to distributed energy resources integration by aggregating renewable generation units, conventional power plants, energy storages, and flexible demands. This paper proposes a novel…

系统与控制 · 电气工程与系统科学 2021-02-04 Yunfan Zhang , Feng Liu , Zhaojian Wang , Yifan Su , Weisheng Wang , Shuanglei Feng

Securing an adequate supply of dispatchable resources is critical for keeping a power system reliable under high penetrations of variable generation. Traditional resource adequacy mechanisms are poorly suited to exploiting the growing…

系统与控制 · 电气工程与系统科学 2022-10-27 Farhad Billimoria , Filiberto Fele , Iacopo Savelli , Thomas Morstyn , Malcolm McCulloch

Electricity market price predictions enable energy market participants to shape their consumption or supply while meeting their economic and environmental objectives. By utilizing the basic properties of the supply-demand matching process…

应用统计 · 统计学 2019-06-11 Ana Radovanovic , Tommaso Nesti , Bokan Chen

In this work we deploy a mechanism design approach for allocating a divisible commodity (electricity in our example) among consumers. We consider each consumer with an associated personal valuation function of the energy resource during a…

计算机科学与博弈论 · 计算机科学 2016-08-31 Stefano Bistarelli , Rosario Culmone , Paolo Giuliodori , Stefano Mugnoz

The current stage in the evolution of the European internal energy market for electricity is defined by the transformation towards a renewable energy system. The Clean Energy Package aims to ensure that methods for capacity allocation and…

物理与社会 · 物理学 2021-09-13 Richard Weinhold

For the case of inflexible demand and considering network constraints, we introduce a Cost Minimisation (CM) based market clearing mechanism, and a model representing the standard Social Welfare Maximisation mechanism used in European Day…

计算机科学与博弈论 · 计算机科学 2022-11-08 Ioan Alexandru Puiu , Raphael Andreas Hauser

A robust power scheduling algorithm is proposed to schedule power flow between the main electricity grid and a microgird with solar energy generation and battery energy storage subject to uncertainty in solar energy production. To avoid…

系统与控制 · 计算机科学 2019-02-22 Amir Valibeygi , Abdulelah H. Habib , Raymond A. de Callafon