Existing grids have been designed with traditional large centralized generation in mind;
however, with the ever-increasing utilization of renewable distributed energy resources, the …

Microgrids with renewable power are becoming a widespread alternative for decarbonizing
the electrical sector in light of climate change and global warming. However, such …

Electricity prices in liberalized markets are determined by the supply and demand for electric
power, which are in turn driven by various external influences that vary strongly in time. In …

To explore the application potential of energy storage and promote its integrated application
promotion in the power grid, this paper studies the comprehensive application and …

AMIRIS is an agent-based model (ABM) to simulate electricity markets. The focus of this
bottom-up model is on the business-oriented decisions of actors in the energy system …

Integration of renewable energy sources as one of the pillars of the power system
decarbonization efforts is making a significant progress. However, large shares of …

Nowadays, distribution networks experience voltage deviation and violation issues owing to
the increased penetration of photovoltaic (PV) generation. The battery energy storage …

Wind generation is often curtailed in isolated power systems to ensure system operational
security. This happens during periods of high wind generation and low system demand. This …

The effects of links among the carbon price, feed-in tariff (FIT), and peak shaving price on
flexible transformation in coal-fired power plants are not well understood. To address this …

Abstract A Virtual Power Plant (VPP), Virtual Aggregator (VA), or simply Aggregator,
represents the association of several Distributed Energy Resources (DERs) orchestrated to …