Power systems optimization under uncertainty: A review of methods and applications

LA Roald, D Pozo, A Papavasiliou, DK Molzahn… - Electric Power Systems …, 2023 - Elsevier
Electric power systems and the companies and customers that interact with them are
experiencing increasing levels of uncertainty due to factors such as renewable energy …

Multiscale simulation of integrated energy system and electricity market interactions

X Gao, B Knueven, JD Siirola, DC Miller, AW Dowling - Applied Energy, 2022 - Elsevier
Accelerating the deep decarbonization of the world's electric grids requires the coordination
of complex energy systems and infrastructures across timescales from seconds to decades …

Missing incentives for flexibility in wholesale electricity markets

J Mays - Energy Policy, 2021 - Elsevier
In most liberalized electricity markets, flaws in short-term price formation have led to a
“missing money” problem wherein average energy prices are too low to support an efficient …

Multi-area reserve dimensioning using chance-constrained optimization

A Papavasiliou, A Bouso, S Apelfröjd… - … on Power Systems, 2021 - ieeexplore.ieee.org
We propose a chance-constrained formulation for the problem of dimensioning frequency
restoration reserves on a power transmission network. We cast our problem as a two-stage …

Evolution of Grid Services for Deep Decarbonization: The Role of Hydropower

Z Zhou, T Levin, A Botterud - Current Sustainable/Renewable Energy …, 2024 - Springer
Evolution of Grid Services for Deep Decarbonization: The Role of Hydropower | Current
Sustainable/Renewable Energy Reports Skip to main content Springer Nature Link Account …

Exact mixed-integer programming approach for chance-constrained multi-area reserve sizing

J Cho, A Papavasiliou - IEEE Transactions on Power Systems, 2023 - ieeexplore.ieee.org
An exact algorithm is developed for the chance-constrained multi-area reserve sizing
problem in the presence of transmission network constraints. The problem can be cast as a …

On secured spinning reserve deployment of energy-limited resources against contingencies

Y Liu, Z Tang, L Wu - IEEE Transactions on Power Systems, 2021 - ieeexplore.ieee.org
Featured with fast response abilities and high ramp rates, energy storage systems (ESS),
such as pumped-storage hydropower (PSH) plants and battery storage systems (BSS), are …

Market Implications of Alternative Operating Reserve Modeling in Wholesale Electricity Markets

H Davoudi, F Wang, Y Chen, D Shi… - IEEE Transactions on …, 2024 - ieeexplore.ieee.org
Pricing and settlement mechanisms are crucial for efficient resource allocation, investment
incentives, market competition, and regulatory oversight. In the United States, Regional …

[HTML][HTML] Constrained economic dispatch following generation outage for hot spinning reserve allocation using hybrid grey wolf optimizer

A Hoballah, AM Azmy - Alexandria Engineering Journal, 2023 - Elsevier
The paper presents a methodology for hot spinning reserve allocation (HSRA) following
expected disconnection of big generators during peak demand. The proposed method …

Chain rule for extracting resilience procurement costs from locational marginal prices

Y Wang, T Zhu, T Chen… - CSEE Journal of …, 2023 - ieeexplore.ieee.org
Power system resilience procurement costs in Nk contingencies have gained more
prominence as number of extreme events continues to increase. A chain rule is presented in …