Prosumers as active market participants: A systematic review of evolution of opportunities, models and challenges
The possibility of onsite production and flexible consumption is transforming consumers from
passive users to active service providers in power systems with the large share of renewable …
passive users to active service providers in power systems with the large share of renewable …
An incentive profit-sharing mechanism for welfare transfer in balancing market integration
Z Wu, M Zhou, Z Zhang, H Zhao, J Wang, J Xu… - … and Sustainable Energy …, 2022 - Elsevier
Due to the rising share of variable renewable energy, balancing market integration (BMI)
has been advocated as a promising solution to achieve flexible resource sharing among …
has been advocated as a promising solution to achieve flexible resource sharing among …
[HTML][HTML] Electricity balancing challenges for markets with high variable renewable generation
E Rosales-Asensio, DB Diez, P Sarmento - Renewable and Sustainable …, 2024 - Elsevier
This research studies how the process of equalizing the supply and demand of electrical
energy can be improved in a foreseeable scenario characterized by a high share of …
energy can be improved in a foreseeable scenario characterized by a high share of …
[HTML][HTML] The impact of renewables on the incidents of negative prices in the energy spot markets
O Prokhorov, D Dreisbach - Energy Policy, 2022 - Elsevier
In this paper we analyze the impact of growing renewable energy generation on the
instances of negative day-ahead auction prices. We perform a simulation that is based on …
instances of negative day-ahead auction prices. We perform a simulation that is based on …
[HTML][HTML] Making the most of short-term flexibility in the balancing market: Opportunities and challenges of voluntary bids in the new balancing market design
Electricity balancing is one of the main demanders of short-term flexibility. To improve its
integration, the recent regulation of the European Union introduces a common standalone …
integration, the recent regulation of the European Union introduces a common standalone …
Bidding behaviors of GENCOs under bounded rationality with renewable energy
With the worldwide restructuring of power markets, it is more meaningful to analyze the
bidding behaviors of generation companies (GENCOs). A realistic bidding behavior model …
bidding behaviors of generation companies (GENCOs). A realistic bidding behavior model …
Auction design for capacity allocation in the petroleum pipeline under fair opening
Auction is a dominant way to allocate transport capacities for the aim of profit, fairness, and
transparency. Previous related work focuses on the natural gas pipeline and cannot be …
transparency. Previous related work focuses on the natural gas pipeline and cannot be …
Probabilistic forecasting of German electricity imbalance prices
M Narajewski - Energies, 2022 - mdpi.com
The imbalance market is very volatile and often exhibits extreme price spikes. This makes it
very hard to model; however, if predicted correctly, one could make significant gains by …
very hard to model; however, if predicted correctly, one could make significant gains by …
The emerging threat of artificial intelligence on competition in liberalized electricity markets: A deep Q-network approach
DE Aliabadi, K Chan - Applied energy, 2022 - Elsevier
Abstract According to Sustainable Development Goals (SDGs), societies should have
access to affordable, reliable, and sustainable energy. Liberalized electricity markets have …
access to affordable, reliable, and sustainable energy. Liberalized electricity markets have …
[HTML][HTML] Stochastic adaptive robust approach for day-ahead energy market bidding strategies in hydro dominated sequential electricity markets
This paper presents a novel methodological approach for the optimal day-ahead energy
market bidding behavior of a cascaded hydropower plants (HPPs) portfolio in the sequential …
market bidding behavior of a cascaded hydropower plants (HPPs) portfolio in the sequential …