Bidding a Battery on Electricity Markets and Minimizing Battery Aging Costs: A Reinforcement Learning Approach

H Aaltonen, S Sierla, V Kyrki, M Pourakbari-Kasmaei… - Energies, 2022 - mdpi.com
Battery storage is emerging as a key component of intelligent green electricitiy systems. The
battery is monetized through market participation, which usually involves bidding. Bidding is …

电力需求响应实施现状综述及展望

徐涛, 王樊云 - 分布式能源, 2024 - epjournal.csee.org.cn
中国电力需求响应实施受政策及市场化程度影响, 缺乏成熟的激励机制, 导致激励不足影响了
响应积极性, 需求响应项目建设面临诸多挑战. 因此, 建立和完善需求响应激励机制 …

LMP-Based Day-Ahead Electricity Market Design Considering the Participation of DR and BESS

A Goyal, K Bhattacharya… - 2022 IEEE Power & …, 2022 - ieeexplore.ieee.org
Demand Response (DR) and Battery Energy Storage Systems (BESS) are promising
options for system balancing in response to uncertainties arising from high penetration of …

Design of Multi-Settlement Electricity Markets Considering Demand Response and Battery Energy Storage Systems Participation

A Goyal, K Bhattacharya - IEEE Transactions on Energy …, 2024 - ieeexplore.ieee.org
This article presents a novel framework with new mathematical models that integrate
Demand Response (DR) and Battery Energy Storage Systems (BESSs) simultaneously in a …

Analysis of negative electricity price to identify demand management opportunity for consumers in renewable-rich power systems

W Chen, B Gath, E Kinross-Smith… - 2021 IEEE PES …, 2021 - ieeexplore.ieee.org
Since the maximum renewable generation and peak demand do not occur simultaneously,
in renewable-rich power systems, it is required to either store/curtail excess renewable …

Research and Practice of Power Demand Response Market Mechanismtion

Y Zhang, T Xu, Y Zhang, Z Li, J Yin - International Conference on Wireless …, 2023 - Springer
The safe and stable operation of the new power system is facing serious challenges. The
establishment and improvement of demand response incentive mechanism is one of the …

Provision of Flexibility Services to the Distribution System Operator by Local Energy Communities

E Cruz-De-Jesus, JL Martinez-Ramos… - … on Environment and …, 2023 - ieeexplore.ieee.org
This paper presents the participation of a Local Energy Community (LEC) in the provision of
upward and downward reserves to the distribution system operator. The resources …

Advanced Computing Technologies for Efficient and Sustainable Energy Management in Smart Cities

KTT Amesho, AK Shopati, SP Shihomeka, T Kadhila… - Smart Cities - taylorfrancis.com
As smart cities continue to develop and expand, there is a growing need for advanced
computing technologies to help manage energy usage in a sustainable and efficient …