State-of-the-art and prospects for peer-to-peer transaction-based energy system
Transaction-based energy (TE) management and control has become an increasingly
relevant topic, attracting considerable attention from industry and the research community …
relevant topic, attracting considerable attention from industry and the research community …
Design of efficient generation markets
R Baldick, U Helman, BF Hobbs… - Proceedings of the …, 2005 - ieeexplore.ieee.org
The design of spot markets for generation services, such as energy, regulation, and
operating reserves, and longer term markets for capacity, remain in evolution in many …
operating reserves, and longer term markets for capacity, remain in evolution in many …
[HTML][HTML] Impact of energy communities on the European electricity and heating system decarbonization pathway: Comparing local and global flexibility responses
This paper investigates how the European electricity and heating system is impacted when
medium-scale energy communities (ECs) are developed widely across Europe. We study …
medium-scale energy communities (ECs) are developed widely across Europe. We study …
Market power in electricity supply
AK David, F Wen - IEEE Transactions on energy conversion, 2001 - ieeexplore.ieee.org
Restructuring of the power industry worldwide has brought the issue of market
competitiveness to the forefront. While" vertical" market power has been limited by …
competitiveness to the forefront. While" vertical" market power has been limited by …
Risk assessment in energy trading
R Dahlgren, CC Liu, J Lawarree - IEEE Transactions on Power …, 2003 - ieeexplore.ieee.org
This paper provides a state-of-the-art summary of risk assessment in energy trading.
Techniques from financial engineering are needed by electric energy companies to manage …
Techniques from financial engineering are needed by electric energy companies to manage …
Design and operation of the locational marginal prices-based electricity markets
E Litvinov - IET generation, transmission & distribution, 2010 - IET
Locational marginal prices (LMP)-based electricity markets are implemented in different
countries around the world and are dominant in the United States. Even after ten years of the …
countries around the world and are dominant in the United States. Even after ten years of the …
Electric vehicle participated electricity market model considering flexible ramping product provisions
This article studies electric vehicle (EV) potential to participate in the energy market and
provide flexible ramping products (FRPs). EV traffic flows are predicted by the deep belief …
provide flexible ramping products (FRPs). EV traffic flows are predicted by the deep belief …
Economic inefficiencies of cost-based electricity market designs
Some restructured power systems rely on audited cost information instead of competitive
bids for the dispatch and pricing of electricity in real time, particularly in hydro systems in …
bids for the dispatch and pricing of electricity in real time, particularly in hydro systems in …
Energy and reserve market designs with explicit consideration to lost opportunity costs
D Gan, E Litvinov - IEEE Transactions on Power Systems, 2003 - ieeexplore.ieee.org
The primary goal of this work is to investigate the basic energy and reserve dispatch
optimization (cooptimization) in the setting of a pool-based market. Of particular interest is …
optimization (cooptimization) in the setting of a pool-based market. Of particular interest is …
Contracting strategies for renewable generators: A hybrid stochastic and robust optimization approach
We present a new methodology to support an energy trading company (ETC) to devise
contracting strategies under an optimal risk-averse renewable portfolio. The uncertainty in …
contracting strategies under an optimal risk-averse renewable portfolio. The uncertainty in …