Publications related to Pricing Electricity Through a Stochastic Non-Convex Market-Clearing Model

Related publications (24)

Energy Management of Price-Maker Community Energy Storage by Stochastic Dynamic Programming

In this paper, we propose an analytical stochastic dynamic programming (SDP) algorithm to address the optimal management problem of price-maker community energy storage. As a price-maker, energy storage smooths price differences, thus decreasing energy arb ...

China Electric Power Research Inst2024

Dataset for the article "Frequency regulation with storage: On losses and profits"

Daniel Kuhn, François Richard Vuille, Dirk Lauinger

This dataset complements the article "Frequency regulation with storage: On losses and profits" by Dirk Lauinger, François Vuille, and Daniel Kuhn, available at https://arxiv.org/abs/2306.02987. The dataset contains the following files: 1.

Zenodo2023

Leveraging industrial biorefineries for the energy transition

François Maréchal, Julia Granacher

Biorefineries hold the potential to provide products and energy carriers at reduced environmental impact compared to their fossil-based counterparts. Thus, they can contribute to the decarbonization of sectors in which electrification of demands is challen ...

Elsevier Sci Ltd2023

Lab-Scale Investigation of the Integrated Backup/Storage System for Wind Turbines Using Alkaline Electrolyzer

Jan Van Herle, Hossein Pourrahmani

The depletion of fossil fuel sources has encouraged the authorities to use renewable resources such as wind energy to generate electricity. A backup/storage system can improve the performance of wind turbines, due to fluctuations in power demand. The novel ...

MDPI2023

The thermodynamic and life-cycle assessments of a novel charging station for electric vehicles in dynamic and steady-state conditions

Jan Van Herle, Hossein Pourrahmani

The current study performs the thermodynamic and life-cycle assessments (LCA) of a novel charging station in two system designs. The goal is to design an efficient charging station for electric vehicles with high efficiencies and low environmental impacts ...

Nature Portfolio2023

Optimizing Sales Forecasting, Inventory, Pricing and Sourcing Decisions

Yara Kayyali El Alem

In this thesis we address various factors that contribute both theoretically and practically to mitigating supply demand mismatches. The thesis is composed of three chapters, where each chapter is an independent scientific paper. In the first paper, we dev ...

EPFL2023

Frequency Regulation with Storage: On Losses and Profits

Daniel Kuhn, François Richard Vuille, Dirk Lauinger

Low-carbon societies will need to store vast amounts of electricity to balance intermittent generation from wind and solar energy, for example, through frequency regulation. Here, we derive an analytical solution to the decision-making problem of storage o ...

2024

Heat pumping and renewable energy integration for decarbonizing brewery industry and district heating

François Maréchal, Daniel Alexander Florez Orrego, Meire Ellen Gorete Ribeiro Domingos

The energy integration of brewery plants and urban agglomerations has many benefits in terms of rational energy use and reduced environmental impact, especially during scenarios of uncertain supply chain and volatile market prices. In fact, the diversifica ...

Elsevier2023

Vehicle-to-Grid for Reliable Frequency Regulation

Dirk Lauinger

Future low-carbon societies will need to store vast amounts of electricity to stabilize electricity grids and to power electric vehicles. Vehicle-to-grid allows vehicle owners and grid operators to share the costs of electricity storage by making the batte ...

EPFL2022

Technical and economic feasibility study of high-current HTS bus bars for fusion reactors

Rainer Wesche, Kamil Sedlák, Roberto Guarino

In this study, we present a technical and economic assessment of high-current HTS bus bars for primary use in fusion reactors. Our objective is to verify the technical feasibility of such conductors and, for this purpose, we carry out a conceptual design o ...

Elsevier2022

How different charging prices can contribute to the balancing of ride-hailing services with electric vehicles

Nikolaos Geroliminis, Nils Gustav Nilsson, Marko Maljkovic

Motivated by the growing popularity of both the services offered by the ride-hailing companies and the electric vehicles (EVs), we study a scenario in which a central body e.g., the government, wants to influence how the EVs of different ride-hailing compa ...

2022

Industrial flexibility as demand-side response for electrical grid stability

François Maréchal, Ivan Daniel Kantor, Alessio Santecchia

Electricity markets are currently experiencing a period of rapid change. The intermittent nature of renewable energy is disrupting the conventional methods used in operational planning of the electrical grid, causing a shift from a day-ahead forecast polic ...

ECOS 2020 Local Organizing Committee2020

Optimal path to a high share of distributed PV in low-voltage distribution grids

Lionel Benjamin Bloch

To limit global warming, the energy transition from fossil fuels to renewables is one of the main challenges of this century. This transition will help decrease our CO2 emissions, create jobs, contribute to a broader revenues distribution, improve energy s ...

EPFL2020

Deexcitation Characterization for Power Supply Protection in DC Shipboard Power Systems

Drazen Dujic, Seongil Kim

The deexcitation of a synchronous machine has been used for the protection of the power supply based on a diode rectifier in marine dc power distribution networks. The fault current from the generator can be eliminated with the protection method utilizing ...

IEEE2020

Siting and Sizing of Energy Storage Systems: Towards a Unified Approach for Transmission and Distribution System Operators for Reserve Provision and Grid Support

Mario Paolone, Fabrizio Sossan

This paper presents a method to determine the optimal location, energy capacity, and power rating of distributed battery energy storage systems at multiple voltage levels to accomplish grid control and reserve provision. We model operational scenarios at a ...

Elsevier2020

Copper battery for heat to power conversion and energy storage

Sunny Isaïe Maye

An important part of the electricity production relies on heat conversion. Indeed power plants burn fuels like natural gas, coal or use nuclear fission to produce heat that can be transformed into electricity through a thermodynamic cycle and the mechanica ...

EPFL2020

On Smart-Buildings and their Integration into the Smart-Grid

Olivier Valentin Henri Van Cutsem

Today's electrical grid is undergoing deep changes, resulting from the large integration of distributed Renewable Energy Sources (RES) in an effort to decarbonize the generation of electrical energy. In addition to the emergence of this volatile electricit ...

EPFL2020

Multi-criteria optimization of a renewable hydrogen and freshwater production system using HDH desalination unit and thermoelectric generator

Hossein Pourrahmani

This article presents the exergoeconomic evaluation of a new geothermal-based integrated system, which produces hydrogen and freshwater. The proton exchange membrane electrolyzer (PEME) and humidifier-dehumidifier (HDH) units are responsible for hydrogen a ...

Elsevier2020

Protection Coordination in Marine DC Power Distribution Networks

Seongil Kim

The increasing penetration of renewable energy sources, energy storage systems (ESSs), and DC loads has opened the door to DC technology to pave its way into future grids. The shift has been more obvious in the marine domain supported by track records of i ...

EPFL2020

Dynamic lane restrictions on congested arterials

Nikolaos Geroliminis

Buses operating in mixed traffic experience problems with delay and travel time variability in peak periods. Numerous transit priority measures are found in the literature but most rely on separating buses from other vehicles. Complete separation such as d ...

PERGAMON-ELSEVIER SCIENCE LTD2020