Many electricity economists have long hoped that it might be possible to establish
competition, not just in providing generation and load assets, but also in the provision of the …

The hardening and expansion of power lines are two main measures for enhancing the
power system resilience. This article proposes an economic incentive mechanism for the …

The merchant-regulatory mechanism represents a promising tool that combines the benefits
of merchant investment and regulated investment, thereby providing efficient incentives for …

The merchant-regulatory mechanism represents a promising tool that combines the benefits
of merchant investment and regulated investment, thereby providing efficient incentives for …

Modernization of the transmission system via deploying grid-enhancing technologies (GETs)
is a cornerstone of future grid design. New congestion patterns necessitating renewable …

With the increasing integration of power plants into the frequency-regulation markets, the
importance of optimal trading has grown substantially. This paper conducts an in-depth …

The electricity sector is in an unprecedented time of transition. The industry is in the process
of adjusting from traditional fossil-fuel to renewable generation, from large-scale to …

Linear bilevel programs (linear BLPs) have been widely used in computational mathematics
and optimization in several applications. Single-level reformulation for linear BLPs replaces …