In electric power systems, there exist many diverse uncertain parameters such as loads,
electricity price, wind power generation and photovoltaic power generation. In power system …

With the advent of restructuring in the electricity markets, the Supply-side quickly adapted to
the new environment, whereas, the story in the demand side has been different. Demand …

Multi carrier energy systems or energy hubs has provided more flexibility for energy
management systems. On the other hand, due to mutual impact of different energy carriers in …

This paper presents a risk-based approach for evaluating the participation strategy of a
battery storage system in multiple markets. Simultaneous offering in day-ahead energy …

In the restructured power market, the participation of large consumer in the market is a
challenging issue due to their considerable load demand. To provide the required load of …

Microgrids (MGs) are considered as a key solution for integrating renewable and distributed
energy resources, combined heat and power (CHP) systems, as well as distributed energy …

Plug-in electric vehicles are expected to play a major role in the transportation system as the
environmental problems and energy crisis are being more and more urgent recently …

Electricity price forecasts are imperfect. Therefore, a merchant energy storage facility
requires a bidding and offering strategy for purchasing and selling the electricity to manage …

The uncertainty quantification and risk modeling are hot topics in operation and planning of
energy systems. The system operators and planners are decision makers that need to …

The renewable energy sources (RES) integration in the electricity supply utilities can reduce
the energy procurement costs as well as the environmental concerns. Wind power is the …