How can probabilistic solar power forecasts be used to lower costs and improve reliability in power spot markets? a review and application to flexiramp requirements
Net load uncertainty in electricity spot markets is rapidly growing. There are five general
approaches by which system operators and market participants can use probabilistic …
approaches by which system operators and market participants can use probabilistic …
Bidding strategy design for electric vehicle aggregators in the day-ahead electricity market considering price volatility: A risk-averse approach
Y Zheng, Y Wang, Q Yang - Energy, 2023 - Elsevier
The uncertainties induced by electric vehicle (EV) demand and market operations pose
huge challenges to the optimal bidding decision of the EV aggregator (EVA) in the day …
huge challenges to the optimal bidding decision of the EV aggregator (EVA) in the day …
Interaction between balancing market design and market behaviour of wind power producers in China
Z Wu, M Zhou, G Li, T Zhao, Y Zhang, X Liu - Renewable and Sustainable …, 2020 - Elsevier
To fulfil a commitment to reduce greenhouse gas emissions, promoting renewable energy
accommodation is a major goal in establishing a spot market in light of China's 2015 …
accommodation is a major goal in establishing a spot market in light of China's 2015 …
Energy storage reduces costs and emissions even without large penetration of renewable energy: The case of China Southern Power Grid
Variable renewable energy (VRE) and energy storage systems (ESS) are essential pillars of
any strategy to decarbonize power systems. However, there are still questions about the …
any strategy to decarbonize power systems. However, there are still questions about the …
Market failure or politics? Understanding the motives behind regulatory actions to address surging electricity prices
SM Sirin, E Camadan, IE Erten, AH Zhang - Energy Policy, 2023 - Elsevier
This paper aims to explore the underlying motivations that drive regulatory measures to
address surging electricity prices. We discuss this question with a systematic review of the …
address surging electricity prices. We discuss this question with a systematic review of the …
Combined effects of carbon pricing and power market reform on CO2 emissions reduction in China's electricity sector
China is pursuing aggressive action to reduce greenhouse gas emissions from its coal-
dominated electric power system. Two key strategies are power market reform and carbon …
dominated electric power system. Two key strategies are power market reform and carbon …
Assessing the carbon emission reduction effect of flexibility option for integrating variable renewable energy
X Deng, T Lv, X Meng, C Li, X Hou, J Xu, Y Wang… - Energy Economics, 2024 - Elsevier
Integrating a high-penetration level of variable renewable energy into power systems
requires the pro-rata deployment of flexibility technology in the recent trends of low-carbon …
requires the pro-rata deployment of flexibility technology in the recent trends of low-carbon …
Dependence structure learning and joint probabilistic forecasting of stochastic power grid variables
Stochastic optimization is a promising approach to support a reliable and cost-efficient
transition to a renewable generation-dominated power grid. However, utilization of this …
transition to a renewable generation-dominated power grid. However, utilization of this …
Utility-scale photovoltaics and storage: Decarbonizing and reducing greenhouse gases abatement costs
E Virguez, X Wang, D Patiño-Echeverri - Applied Energy, 2021 - Elsevier
This study explores the performance of the Duke Energy Carolinas/Progress (DEC/DEP)
electric power system under one hundred forty-one configurations combining different …
electric power system under one hundred forty-one configurations combining different …
Ramping ancillary service for cost-based electricity markets with high penetration of variable renewable energy
D Godoy-González, E Gil, G Gutiérrez-Alcaraz - Energy Economics, 2020 - Elsevier
Abstract System operators and electricity market stakeholders are facing new challenges
related to increasing variability in both generation and demand. Rising generation levels of …
related to increasing variability in both generation and demand. Rising generation levels of …