[HTML][HTML] Power market models for the clean energy transition: State of the art and future research needs

M Haugen, PL Blaisdell-Pijuan, A Botterud, T Levin… - Applied Energy, 2024 - Elsevier
As power systems around the world are rapidly evolving to achieve decarbonization
objectives, it is crucial that power system planners and operators use appropriate models …

Risk trading in energy communities

N Vespermann, T Hamacher… - IEEE Transactions on …, 2020 - ieeexplore.ieee.org
Local energy communities are proposed as a regulatory framework to enable the market
participation of end-consumers. However, volatile local market-clearing prices, and …

Data valuation from data-driven optimization

R Mieth, JM Morales, HV Poor - IEEE Transactions on Control …, 2024 - ieeexplore.ieee.org
With the ongoing investment in data collection and communication technology in power
systems, data-driven optimization has been established as a powerful tool for system …

A data-driven joint chance-constrained game for renewable energy aggregators in the local market

X Li, C Li, G Chen, ZY Dong - IEEE Transactions on Smart Grid, 2022 - ieeexplore.ieee.org
The local market can promote more self-generated electricity consumed locally. However,
the unstable and intermittent generation of renewable energy sources brings uncertainty …

Uncertainty-informed renewable energy scheduling: A scalable bilevel framework

D Zhao, V Dvorkin, S Delikaraoglou… - IEEE Transactions on …, 2023 - ieeexplore.ieee.org
This work proposes an uncertainty-informed bid adjustment framework for integrating
variable renewable energy sources (VRES) into electricity markets. This framework adopts a …

Risk-and variance-aware electricity pricing

R Mieth, J Kim, Y Dvorkin - Electric Power Systems Research, 2020 - Elsevier
The roll-out of stochastic renewable energy sources (RES) undermines the efficiency of
power system and market operations. This paper proposes an approach to derive electricity …

Hedging and tail risk in electricity markets

F Billimoria, J Mays, R Poudineh - Energy Economics, 2025 - Elsevier
One of the persistent concerns in scarcity-based electricity market designs is that markets for
long-term contracts are highly illiquid or 'missing'. In the context of decarbonisation, a key …

Moving from linear to conic markets for electricity

A Ratha, P Pinson, H Le Cadre, A Virag… - European Journal of …, 2023 - Elsevier
We propose a new forward electricity market framework that admits heterogeneous market
participants with second-order cone strategy sets, who accurately express the nonlinearities …

A milp model incorporated with the risk management tool for self-healing oriented service restoration

N Afsari, SJ SeyedShenava… - Journal of Operation and …, 2024 - joape.uma.ac.ir
The inevitable emergence of intelligent distribution networks has introduced new features in
these networks. According to most experts, self-healing is one of the main abilities of smart …

Competitive Equilibrium Analysis for Renewables Integration in Dynamic Combined Heat and Power Trading Market

C Wu, W Gu, Z Yi - IEEE Transactions on Power Systems, 2023 - ieeexplore.ieee.org
With the increasing interdependence among the electricity and district heating systems in
economy and physics, this study focuses on the equilibrium analysis of the combined heat …