[HTML][HTML] Coordinated and decentralized trading of flexibility products in Inter-DSO Local Electricity Markets via ADMM

JA Aguado, Á Paredes - Applied Energy, 2023 - Elsevier
Abstract Local Electricity Markets (LEMs) arise as new layers of current market designs,
enabling local trading of flexibility products. In many cases, LEMs encompass several …

Multistage robust optimization for the day-ahead scheduling of hybrid thermal-hydro-wind-solar systems

Z Zhong, N Fan, L Wu - Journal of Global Optimization, 2024 - Springer
The integration of large-scale uncertain and uncontrollable wind and solar power generation
has brought new challenges to the operations of modern power systems. In a power system …

Risk-factor-oriented stochastic dominance approach for industrial integrated energy system operation leveraging physical and financial flexible resources

D Xiao, Z Lin, Q Wu, A Meng, H Yin, Z Lin - Applied Energy, 2025 - Elsevier
The rapid development of renewable energy resources poses challenges to the economic
and reliable operation of energy systems, necessitating the risk management by utilizing …

Multistage Stochastic optimization for mid-term integrated generation and maintenance scheduling of cascaded hydroelectric system with renewable energy …

Z Zhong, N Fan, L Wu - European Journal of Operational Research, 2024 - Elsevier
The uncertainties resulting from the escalating penetration of renewable energy resources
pose severe challenges to the efficient operation of modern power systems. Hydroelectricity …

[HTML][HTML] Risk-aware microgrid operation and participation in the day-ahead electricity market

R Herding, E Ross, WR Jones, E Endler… - Advances in Applied …, 2024 - Elsevier
This work examines the daily bidding problem of a grid-connected microgrid with locally
deployed resources for electricity generation, storage and its own electricity demand …

A sample robust optimal bidding model for a virtual power plant

S Kim, DG Choi - European Journal of Operational Research, 2024 - Elsevier
In many energy markets, the trade amount of electricity must be committed to before the
actual supply. This study explores one consecutive operational challenge for a virtual power …

Stochastic Scheduling of a Wind-Photovoltaic-Hydro Complementary System Using Stochastic Dual Dynamic Programming Method

C Liu, F Liu, R Ma, Y Chen, L Pan… - 2022 6th International …, 2022 - ieeexplore.ieee.org
This work presents a multistage stochastic programming formulation of a wind-photovoltaic-
hydro complementary system considering the uncertainties in the system. It aims to meet the …

Two-Stage Stochastic Scheduling of Cascaded Hydropower–Wind–Photovoltaic Hybrid Systems Considering Contract Decomposition and Spot Market

Y Li, N Fang, S He, F Wu, O Li, L Shi, R Ding - Sustainability, 2024 - mdpi.com
With the advancement of China's electricity markets and the continuous development of
renewable energy sources (RESs), it is of great importance to investigate the strategic …

Low‐carbon economic operation of multi‐energy microgrid based on multi‐level robust optimisation

W He, X Wu, X Li, M He, B Cao… - IET Energy Systems …, 2024 - Wiley Online Library
The economic and low‐carbon operation strategy of multi‐energy microgrids (MEM) has
become an important research topic in smart grids. The operation of MEM is affected by …

Threshold-Based Algorithms for an Online Rolling Horizon Framework Under Uncertainty--With an Application to Energy Management

J Hönen, JL Hurink, B Zwart - arXiv preprint arXiv:2311.11307, 2023 - arxiv.org
Decision problems encountered in practice often possess a highly dynamic and uncertain
nature. In particular fast changing forecasts for parameters (eg, photovoltaic generation …