Uncertainty models for stochastic optimization in renewable energy applications

A Zakaria, FB Ismail, MSH Lipu, MA Hannan - Renewable Energy, 2020 - Elsevier
With the rapid surge of renewable energy integrations into the electrical grid, the main
questions remain; how do we manage and operate optimally these surges of fluctuating …

Energy management for stationary electric energy storage systems: A systematic literature review

T Weitzel, CH Glock - European Journal of Operational Research, 2018 - Elsevier
Abstract Electric Energy Storage Systems (EESS) have received an increased attention in
recent years due to their important role in an active management of energy supply systems …

[HTML][HTML] Integrated day-ahead and intraday self-schedule bidding for energy storage systems using approximate dynamic programming

B Finnah, J Gönsch, F Ziel - European Journal of Operational Research, 2022 - Elsevier
Most modern energy markets trade electricity in advance for technical reasons. Thus, market
participants must commit to delivering or consuming a certain amount of energy before the …

[HTML][HTML] A deep reinforcement learning framework for continuous intraday market bidding

I Boukas, D Ernst, T Théate, A Bolland, A Huynen… - Machine Learning, 2021 - Springer
The large integration of variable energy resources is expected to shift a large part of the
energy exchanges closer to real-time, where more accurate forecasts are available. In this …

Optimizing trading decisions of wind power plants with hybrid energy storage systems using backwards approximate dynamic programming

B Finnah, J Gönsch - International Journal of Production Economics, 2021 - Elsevier
On most modern energy markets, electricity is traded in advance and a power producer has
to commit to deliver a certain amount of electricity some time before the actual delivery. This …

[HTML][HTML] Resource allocation problems in decentralized energy management

T van der Klauw, MET Gerards, JL Hurink - OR Spectrum, 2017 - Springer
Abstract Changes in our electricity supply chain are causing a paradigm shift from
centralized control towards decentralized energy management. Within the framework of …

[HTML][HTML] Optimal bidding functions for renewable energies in sequential electricity markets

B Finnah - OR Spectrum, 2022 - Springer
In most modern energy markets, electricity is traded in pay-as-clear auctions. Usually,
multiple sequential markets with daily auctions, in which each hourly product is traded …

A sample robust optimal bidding model for a virtual power plant

S Kim, DG Choi - European Journal of Operational Research, 2024 - Elsevier
In many energy markets, the trade amount of electricity must be committed to before the
actual supply. This study explores one consecutive operational challenge for a virtual power …

[HTML][HTML] Seasonal hydrogen storage decisions under constrained electricity distribution capacity

JE Fokkema, MAJ uit het Broek, AH Schrotenboer… - Renewable Energy, 2022 - Elsevier
We consider a profit-maximizing renewable energy producer operating in a rural area with
limited electricity distribution capacity to the grid. While maximizing profits, the energy …

Heuristic decision rules for short-term trading of renewable energy with co-located energy storage

M Hassler - Computers & Operations Research, 2017 - Elsevier
In the last decade, the share of renewable energy sources in the energy mix has risen
significantly in many countries, and the large-scale integration of these intermittent energy …