Short term wholesale electricity market designs: A review of identified challenges and promising solutions

L Silva-Rodriguez, A Sanjab, E Fumagalli… - … and Sustainable Energy …, 2022 - Elsevier
The electricity market is being increasingly challenged by new trends, such as the high
penetration of intermittent renewables and the transformation of the consumers' energy …

Current challenges in operation, performance, and maintenance of photovoltaic panels

T Orosz, A Rassõlkin, P Arsénio, P Poór, D Valme… - Energies, 2024 - mdpi.com
The installed solar capacity in the European Union has expanded rapidly in recent years.
The production of these plants is stochastic and highly dependent on the weather. However …

Finding Nash equilibrium based on reinforcement learning for bidding strategy and distributed algorithm for ISO in imperfect electricity market

L Yu, P Wang, Z Chen, D Li, N Li, R Cherkaoui - Applied Energy, 2023 - Elsevier
Finding Nash equilibrium in an imperfect market with active and strategic resources is key to
the successful operation of the electricity market. A hierarchical Nash distributed …

Benefits of regional coordination of balancing capacity markets in future European electricity markets

M Ihlemann, A van Stiphout, K Poncelet, E Delarue - Applied energy, 2022 - Elsevier
In the face of growing balancing requirements, there is increased interest in cross-border
coordination of balancing capacity markets. Despite improved coordination of balancing …

Redesigning capacity market to include flexibility via ramp constraints in high-renewable penetrated system

X Fang, Q Hu, R Bo, F Li - International Journal of Electrical Power & …, 2021 - Elsevier
Capacity markets can co-exist alongside the energy and ancillary markets to ensure the
medium-term and long-term supply adequacy by remunerating the generation resources for …

Optimum day-ahead clearing for high proportion hydropower market considering complex hydraulic connection

Z Jia, J Shen, C Cheng, Y Zhang, Q Lyu - International Journal of Electrical …, 2022 - Elsevier
Over the past few decades, China has built a batch of high proportion hydropower systems
(HPHSs) in southwest China. In these HPHSs, it is very common that the upstream and …

[HTML][HTML] A decomposition-based approach to European electricity market clearing

AE El Adlani, JM Riquelme-Santos… - International Journal of …, 2024 - Elsevier
This work proposes a methodology to calculate the price of the single pan-European day-
ahead electricity market through an iterative process between the markets of two zones: the …

[PDF][PDF] The role of flexibility resources in the energy transition

N Koltsaklis, J Knápek - 2023 - oda.uni-obuda.hu
Extremely adaptable power systems are required, as the share of variable renewable
energy sources increases. The variable renewable energy sources' ability to be installed on …

Electricity-Heat-Based Integrated Demand Response Considering Double Auction Energy Market with Multi-Energy Storage for Interconnected Areas

D Wang, D Huang, H Jia, B Liu… - CSEE Journal of Power …, 2023 - ieeexplore.ieee.org
With development of integrated energy systems and energy markets, transactive energy has
received increasing attention from society and academia, and realization of energy …

A systematic review of European electricity market design options

S Honkapuro, J Jaanto, S Annala - Energies, 2023 - mdpi.com
The European electricity market model continues to evolve in the face of new challenges.
This systematic literature review aims to assess the status of research and discussion on the …