A data-driven optimization framework for industrial demand-side flexibility

C Manna, M Lahariya, F Karami, C Develder - Energy, 2023 - Elsevier
Securing profits while offering industrial demand-side flexibility in both energy and reserve
markets is critical to ensure the profitability of energy-intensive industrial plants to make …

How to trade electricity flexibility using artificial intelligence-An integrated algorithmic framework

L Hanny, MF Körner, C Leinauer, A Michaelis, J Strüker… - 2022 - aisel.aisnet.org
In course of the energy transition, the growing share of Renewable Energy Sources (RES)
makes electricity generation more decentralized and intermittent. This increases the …

Exploring Flexibility Potential of Energy-Intensive Industries in Energy Markets

L Luciani, J Cruz, V Ballestin, BD Mselle - Energies, 2024 - mdpi.com
The European Union, in pursuit of the goal of reducing emissions by at least 55% by 2030
and achieving climate neutrality by 2050, is deploying different actions, with industry …

Uncertainty modelling of an industry facility as a multi-energy demand response provider

M Kostelac, I Pavić, N Zhang, T Capuder - Applied energy, 2022 - Elsevier
While the latest European energy regulations emphasise the active power system
participation of the household level end-users, the large industrial facilities are still not fully …

Where to market flexibility? Optimal participation of industrial energy systems in balancing-power, day-ahead, and continuous intraday electricity markets

N Nolzen, A Ganter, N Baumgärtner… - arXiv preprint arXiv …, 2022 - arxiv.org
The rising share of volatile renewable generation increases the demand for flexibility in the
electricity grid. Flexible capacity can be offered by industrial energy systems through …

Coordination of power and natural gas markets via financial instruments

A Schwele, C Ordoudis, P Pinson… - Computational …, 2021 - Springer
Current electricity and natural gas markets operate with deterministic description of
uncertain supply, and in a temporally and sectorally decoupled way. This practice in energy …

[HTML][HTML] Assessment and conceptualization of industrial energy flexibility supply in mathematical optimization in a competitive and changing environment

S Knöttner, R Hofmann - Energy Conversion and Management, 2024 - Elsevier
Competitive and changing frame conditions, such as the need for decarbonization of energy
supply or the growing share of renewable electricity generation, are driving the need for …

Optimal industrial flexibility scheduling based on generic data format

R Bahmani, C Stiphoudt, SP Menci, M SchÖpf… - Energy …, 2022 - Springer
The energy transition into a modern power system requires energy flexibility. Demand
Response (DR) is one promising option for providing this flexibility. With the highest share of …

Market equilibria with energy storage as flexibility resources

W Gu, R Sioshansi - IEEE Open Access Journal of Power and …, 2022 - ieeexplore.ieee.org
Uncertain and variable real-time availability of renewable generation can increase the need
for supply-side flexibility in power systems. Energy storage is a potential source of such …

Flexibility Evaluation of Industrial Steam Systems Using Adjustable Robust Optimization

W Shan, Y Cai, J Liu, X Xu, X Yu - 2022 IEEE Power & Energy …, 2022 - ieeexplore.ieee.org
The increasing penetration of renewable energy leads to rising demands for flexibility in
power systems. In-dustries with onsite generators can provide flexibility to power systems …