The notion of secure operation of power systems, with its present semantic, dates back to the
last decade. Since then, tremendous research effort has investigated secure operation of the …

Optimization models have been widely used in the power industry to aid the decision-
making process of scheduling and dispatching electric power generation resources, a …

This paper proposes a framework to extract appropriate locational marginal prices for each
type of reserve (up-/down-going reserves at both generation-and demand-sides). The …

Energy optimization plays a vital role in energy management, economic savings, effective
planning, reliable and secure power grid operation. However, energy optimization is …

Advances in IT, control and forecasting capabilities have made demand response a viable,
and potentially attractive, option to increase power system flexibility. This paper presents a …

In this study, a stochastic programming model is proposed to optimize the performance of a
smart micro-grid in a short term to minimize operating costs and emissions with renewable …

Wind and solar energy introduced significant operational challenges in a Microgrid (MG),
especially when renewable generations vary from forecasts. In this paper, forecast errors of …

Most relevant decisions to be made by market agents within an energy market involve a
significant level of data uncertainty. For agents to make informed decisions within such a …

The term smart grid refers to a modernization of the electrical network consisting in the
integration of various technologies such as dispersed generation, dispatchable loads …

An aggregator acts as a mediator between the system operator and residential customers,
enabling mutually beneficial coordination for electric vehicle (EV) owners and the power …