The flexible roles of distributed energy storages in peer-to-peer transactive energy market: A state-of-the-art review

Y **a, Q Xu, L Chen, P Du - Applied Energy, 2022 - Elsevier
With the development of distributed energy resources, the peer-to-peer (P2P) transactive
energy market has emerged as an effective method for consuming the excess renewable …

A review of modelling approaches to characterize lithium-ion battery energy storage systems in techno-economic analyses of power systems

AV Vykhodtsev, D Jang, Q Wang, W Rosehart… - … and Sustainable Energy …, 2022 - Elsevier
The penetration of the lithium-ion battery energy storage system (LIBESS) into the power
system environment occurs at a colossal rate worldwide. This is mainly because it is …

Factoring the cycle aging cost of batteries participating in electricity markets

B Xu, J Zhao, T Zheng, E Litvinov… - IEEE Transactions on …, 2017 - ieeexplore.ieee.org
When participating in electricity markets, owners of battery energy storage systems must bid
in such a way that their revenues will at least cover their true cost of operation. Since cycle …

Energy-storage modeling: State-of-the-art and future research directions

R Sioshansi, P Denholm, J Arteaga… - IEEE transactions on …, 2021 - ieeexplore.ieee.org
Given its physical characteristics and the range of services that it can provide, energy
storage raises unique modeling challenges. This paper summarizes capabilities that …

Bilevel optimization: theory, algorithms, applications and a bibliography

S Dempe - Bilevel optimization: advances and next challenges, 2020 - Springer
Bilevel optimization problems are hierarchical optimization problems where the feasible
region of the so-called upper level problem is restricted by the graph of the solution set …

Risk-averse optimal bidding of electric vehicles and energy storage aggregator in day-ahead frequency regulation market

B Vatandoust, A Ahmadian, MA Golkar… - … on Power systems, 2018 - ieeexplore.ieee.org
The need for frequency regulation capacity increases as the fraction of renewable energy
sources grows in the electricity market. An aggregator can provide frequency regulation by …

Chronological time-period clustering for optimal capacity expansion planning with storage

S Pineda, JM Morales - IEEE Transactions on Power Systems, 2018 - ieeexplore.ieee.org
To reduce the computational burden of capacity expansion models, power system
operations are commonly accounted for in these models using representative time periods …

Optimal energy storage siting and sizing: A WECC case study

R Fernández-Blanco, Y Dvorkin, B Xu… - IEEE transactions on …, 2016 - ieeexplore.ieee.org
The large-scale integration of a grid-scale energy storage and the increasing penetration of
renewable resources motivate the development of techniques for determining the optimal …

Data-driven scheduling of energy storage in day-ahead energy and reserve markets with probabilistic guarantees on real-time delivery

JF Toubeau, J Bottieau, Z De Grève… - … on Power Systems, 2020 - ieeexplore.ieee.org
Energy storage systems (ESS) may provide the required flexibility to cost-effectively
integrate weather-dependent renewable generation, in particular by offering operating …

Risk-averse based optimal operational strategy of grid-connected photovoltaic/wind/battery/diesel hybrid energy system in the electricity/hydrogen markets

J Wang, X Xu, L Wu, Q Huang, Z Chen, W Hu - International Journal of …, 2023 - Elsevier
The techno-economic advantages of grid-connected hybrid energy system (HES) exploit
synergies to improve reliability and economic efficiency while maintaining grid stability …