Real-time capacity cost obligations design in high-renewables energy markets

X Fang, H Guo, K Zheng, S Liu, Q Chen - Renewable and Sustainable …, 2024 - Elsevier
Under high renewable penetration, the declining energy prices cannot reflect capacity costs
of generators. To deal with the missing money problem, several markets around the world …

[HTML][HTML] On the role of electricity storage in capacity remuneration mechanisms

C Fraunholz, D Keles, W Fichtner - Energy Policy, 2021 - Elsevier
In electricity markets around the world, the substantial increase of intermittent renewable
electricity generation has intensified concerns about generation adequacy, ultimately driving …

Realistic and intelligent management of connected storage devices in future smart homes considering energy price tag

S Aznavi, P Fajri, A Asrari… - IEEE Transactions on …, 2019 - ieeexplore.ieee.org
Coordinated energy management plays a main role in increasing the performance and
economic benefits of future smart homes. This article focuses on the energy management of …

Optimal management of residential energy storage systems in presence of intermittencies

S Aznavi, P Fajri, R Sabzehgar, A Asrari - Journal of Building Engineering, 2020 - Elsevier
This paper presents a new energy management framework based on Energy Price Tag
(EPT) of connected energy storage systems to address the challenges of daily energy …

Inertia market: Mechanism design and its impact on generation mix

J Hu, Z Yan, X Xu, S Chen - Journal of Modern Power Systems …, 2023 - ieeexplore.ieee.org
Increasing penetration of renewable energy generation poses a challenge to power system
inertia adequacy. It is vital to provide long-term incentive signals to induce a generation mix …

[HTML][HTML] Determination of the electricity storage power and capacity for cooperation with the microgrid implementing the peak shaving strategy in selected industrial …

R Kuźniak, A Pawelec, A Bartosik, M Pawełczyk - Energies, 2022 - mdpi.com
The capacity limitations of distribution networks, the increasing demands for electricity
installation in terms of electricity quality parameters, and the development of electromobility …

[HTML][HTML] Spatiotemporal decoupling of water electrolysis for dual-use grid energy storage and hydrogen generation

D Frey, J Kim, Y Dvorkin, MA Modestino - Cell Reports Physical Science, 2020 - cell.com
The implementation of electrolysis systems for electrochemical hydrogen production has
continued to grow as the paradigm shift toward renewable energy and fuels progresses …

[HTML][HTML] Operating and investment models for energy storage systems

M Miletić, H Pandžić, D Yang - Energies, 2020 - mdpi.com
In the context of climate changes and the rapid growth of energy consumption, intermittent
renewable energy sources (RES) are being predominantly installed in power systems. It has …

Design of A battery energy management system for capacity charge reduction

D Wu, X Ma, T Fu, Z Hou, PJ Rehm… - IEEE Open Access …, 2022 - ieeexplore.ieee.org
This paper presents a novel dispatch and evaluation framework for battery energy storage
systems (BESSs) to minimize a load servicing entity's coincident demand during system …

Two-stage Coordinated Scheduling of Hydrogen-integrated Multi-energy Virtual Power Plant in Joint Capacity, Energy, and Ancillary Service Markets

J Wang, V Ilea, C Bovo, Y Wang, C Wang - Renewable Energy, 2024 - Elsevier
With the emergence of distributed resources (DRs), developing an effective, profitable, and
green management method is of great importance. Virtual power plant (VPP) can aggregate …