Short term wholesale electricity market designs: A review of identified challenges and promising solutions
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 …
penetration of intermittent renewables and the transformation of the consumers' energy …
[HTML][HTML] Power market models for the clean energy transition: State of the art and future research needs
As power systems around the world are rapidly evolving to achieve decarbonization
objectives, it is crucial that power system planners and operators use appropriate models …
objectives, it is crucial that power system planners and operators use appropriate models …
[HTML][HTML] Strategic retail pricing and demand bidding of retailers in electricity market: A data-driven chance-constrained programming
This paper proposes a novel bi-level optimization model to study the strategic retail pricing
and demand bidding problems of an electricity retailer that considers the interactions …
and demand bidding problems of an electricity retailer that considers the interactions …
Distribution electricity pricing under uncertainty
Distribution locational marginal prices (DLMPs) facilitate the efficient operation of low-
voltage electric power distribution systems. We propose an approach to internalize the …
voltage electric power distribution systems. We propose an approach to internalize the …
Distributionally robust chance-constrained generation expansion planning
This article addresses a centralized generation expansion planning problem, accounting for
both long-and short-term uncertainties. The long-term uncertainty (demand growth) is …
both long-and short-term uncertainties. The long-term uncertainty (demand growth) is …
Distributionally robust joint chance-constrained optimization for networked microgrids considering contingencies and renewable uncertainty
In light of a reliable and resilient power system under extreme weather and natural disasters,
networked microgrids integrating local renewable resources have been adopted extensively …
networked microgrids integrating local renewable resources have been adopted extensively …
Optimal demand response incorporating distribution LMP with PV generation uncertainty
The utilization of aggregated demand-side flexibility via demand response (DR) has become
a promising pathway for the integration of renewable energy resources in power systems …
a promising pathway for the integration of renewable energy resources in power systems …
Inertia pricing in stochastic electricity markets
Maintaining the stability of renewable-dominant power systems requires the procurement of
virtual inertia services from non-synchronous resources (eg, batteries, wind turbines) in …
virtual inertia services from non-synchronous resources (eg, batteries, wind turbines) in …
Research on power system flexibility considering uncertainties
C Yang, W Sun, D Han, X Yin - Frontiers in Energy Research, 2022 - frontiersin.org
In order to help achieve the goal of carbon peak and carbon neutrality, the large-scale
development and application of clean renewable energy, like wind generation and solar …
development and application of clean renewable energy, like wind generation and solar …
Locational marginal pricing for flexibility and uncertainty with moment information
The continuous growth of variable renewable integration has greatly increased uncertainty
and variability in the power system, resulting in unprecedentedly high demand for flexibility …
and variability in the power system, resulting in unprecedentedly high demand for flexibility …