The increasing penetration of renewable energy sources (RES) in power systems intensifies
the need of enhancing the flexibility in grid operations in order to accommodate the …

Increasing penetration of distributed energy resources (DERs) introduced by different
stakeholders, poses an immense challenge to power network operators. The traditional …

In this paper, we explore the role of emerging energy brokers (middlemen) in a localized
event-driven market (LEM) at the distribution level for facilitating indirect customer-to …

It is widely agreed that an increased participation of the demand side in the electricity
markets would produce benefits not only for the individual consumers but also for the market …

In this paper, the hourly demand response (DR) is incorporated into security-constrained
unit commitment (SCUC) for economic and security purposes. SCUC considers fixed and …

This paper provides a framework to obtain the optimal bidding strategy of a price-taker
producer. An appropriate forecasting tool is used to estimate the probability density functions …

In this paper, an economic dispatch (ED) problem for a community microgrid is studied. In
this microgrid, each agent pursues an ED for its personal resources. In addition, each agent …

Auctions serve as a primary pricing mechanism in various market segments of a deregulated
power industry. In day-ahead (DA) energy markets, strategies such as uniform price …

Energy storage resources (ESRs) inherent in building structures are a viable, attractive
option to improve power system operation by providing demand-side flexibility. This paper …

The target of an oligopolistic generating company in a pool-based electric power market is to
maximize its profits using two related instruments at hand:(1) its ability to modify the market …