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Integrating Renewables in Electricity Markets

Citations

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Cited by:

  1. Wang, Qi & Zhang, Chunyu & Ding, Yi & Xydis, George & Wang, Jianhui & Østergaard, Jacob, 2015. "Review of real-time electricity markets for integrating Distributed Energy Resources and Demand Response," Applied Energy, Elsevier, vol. 138(C), pages 695-706.
  2. Nowotarski, Jakub & Weron, Rafał, 2018. "Recent advances in electricity price forecasting: A review of probabilistic forecasting," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P1), pages 1548-1568.
  3. Stylianos Loizidis & Georgios Konstantinidis & Spyros Theocharides & Andreas Kyprianou & George E. Georghiou, 2023. "Electricity Day-Ahead Market Conditions and Their Effect on the Different Supervised Algorithms for Market Price Forecasting," Energies, MDPI, vol. 16(12), pages 1-29, June.
  4. Joscha Reber & Xenia Kirschstein & Nadja Bishara, 2023. "Evaluation of Building Mass Characterization for Energy Flexibility through Rule- and Schedule-Based Control: A Statistical Approach," Energies, MDPI, vol. 16(19), pages 1-17, September.
  5. Lüth, Alexandra & Werner, Yannick & Egging-Bratseth, Ruud & Kazempour, Jalal, 2024. "Electrolysis as a flexibility resource on energy islands: The case of the North Sea," Energy Policy, Elsevier, vol. 185(C).
  6. Yao, Yunting & Gao, Ciwei & Lai, Kexing & Chen, Tao & Yang, Jianlin, 2021. "An incentive-compatible distributed integrated energy market mechanism design with adaptive robust approach," Applied Energy, Elsevier, vol. 282(PA).
  7. Yao, Yunting & Gao, Ciwei & Tian, Hongjie & Zhang, Huiling, 2020. "Review of mid-to long-term trading mechanism for renewable electricity consumption in Ningxia, China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 134(C).
  8. Kyritsis, Evangelos & Andersson, Jonas & Serletis, Apostolos, 2017. "Electricity prices, large-scale renewable integration, and policy implications," Energy Policy, Elsevier, vol. 101(C), pages 550-560.
  9. Christos N. Dimitriadis & Evangelos G. Tsimopoulos & Michael C. Georgiadis, 2021. "A Review on the Complementarity Modelling in Competitive Electricity Markets," Energies, MDPI, vol. 14(21), pages 1-27, November.
  10. Najafi, Arsalan & Pourakbari-Kasmaei, Mahdi & Jasinski, Michal & Contreras, Javier & Lehtonen, Matti & Leonowicz, Zbigniew, 2022. "The role of EV based peer-to-peer transactive energy hubs in distribution network optimization," Applied Energy, Elsevier, vol. 319(C).
  11. Guoqiang Sun & Weihang Qian & Wenjin Huang & Zheng Xu & Zhongxing Fu & Zhinong Wei & Sheng Chen, 2019. "Stochastic Adaptive Robust Dispatch for Virtual Power Plants Using the Binding Scenario Identification Approach," Energies, MDPI, vol. 12(10), pages 1-23, May.
  12. Levieux, Luis Ignacio & Ocampo-Martinez, Carlos & Inthamoussou, Fernando A. & De Battista, Hernán, 2021. "Predictive management approach for the coordination of wind and water-based power supplies," Energy, Elsevier, vol. 219(C).
  13. Gomes, I.L.R. & Melicio, R. & Mendes, V.M.F., 2021. "A novel microgrid support management system based on stochastic mixed-integer linear programming," Energy, Elsevier, vol. 223(C).
  14. Liyang Han & Jalal Kazempour & Pierre Pinson, 2020. "Monetizing Customer Load Data for an Energy Retailer: A Cooperative Game Approach," Papers 2012.05519, arXiv.org, revised Aug 2021.
  15. Dimitriadis, Christos N. & Tsimopoulos, Evangelos G. & Georgiadis, Michael C., 2022. "Strategic bidding of an energy storage agent in a joint energy and reserve market under stochastic generation," Energy, Elsevier, vol. 242(C).
  16. Ahmed Al-Shafei & Hamidreza Zareipour & Yankai Cao, 2022. "High-Performance and Parallel Computing Techniques Review: Applications, Challenges and Potentials to Support Net-Zero Transition of Future Grids," Energies, MDPI, vol. 15(22), pages 1-58, November.
  17. Bartosz Uniejewski, 2023. "Smoothing Quantile Regression Averaging: A new approach to probabilistic forecasting of electricity prices," Papers 2302.00411, arXiv.org, revised Nov 2024.
  18. Jethro Browell & Ciaran Gilbert, 2022. "Predicting Electricity Imbalance Prices and Volumes: Capabilities and Opportunities," Energies, MDPI, vol. 15(10), pages 1-7, May.
  19. Taylor, Josh A. & Dhople, Sairaj V. & Callaway, Duncan S., 2016. "Power systems without fuel," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 1322-1336.
  20. Lüth, Alexandra & Werner, Yannick & Egging-Bratseth, Ruud & Kazempour, Jalal, 2022. "Electrolysis as a Flexibility Resource on Energy Islands: The Case of the North Sea," Working Papers 13-2022, Copenhagen Business School, Department of Economics.
  21. Ana Cabrera-Tobar & Alessandro Massi Pavan & Giovanni Petrone & Giovanni Spagnuolo, 2022. "A Review of the Optimization and Control Techniques in the Presence of Uncertainties for the Energy Management of Microgrids," Energies, MDPI, vol. 15(23), pages 1-38, December.
  22. G. Cobos, Noemi & Arroyo, José M. & Alguacil, Natalia & Street, Alexandre, 2018. "Network-constrained unit commitment under significant wind penetration: A multistage robust approach with non-fixed recourse," Applied Energy, Elsevier, vol. 232(C), pages 489-503.
  23. Nowotarski, Jakub & Liu, Bidong & Weron, Rafał & Hong, Tao, 2016. "Improving short term load forecast accuracy via combining sister forecasts," Energy, Elsevier, vol. 98(C), pages 40-49.
  24. Silva-Rodriguez, Lina & Sanjab, Anibal & Fumagalli, Elena & Gibescu, Madeleine, 2024. "Light robust co-optimization of energy and reserves in the day-ahead electricity market," Applied Energy, Elsevier, vol. 353(PA).
  25. Gorenstein Dedecca, João & Hakvoort, Rudi A., 2016. "A review of the North Seas offshore grid modeling: Current and future research," Renewable and Sustainable Energy Reviews, Elsevier, vol. 60(C), pages 129-143.
  26. Wen, Xin & Abbes, Dhaker & Francois, Bruno, 2021. "Modeling of photovoltaic power uncertainties for impact analysis on generation scheduling and cost of an urban micro grid," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 183(C), pages 116-128.
  27. Weilin Zhong & Junru Chen & Muyang Liu & Mohammed Ahsan Adib Murad & Federico Milano, 2021. "Coordinated Control of Virtual Power Plants to Improve Power System Short-Term Dynamics," Energies, MDPI, vol. 14(4), pages 1-14, February.
  28. Vasileios Evangelopoulos & Panagiotis Karafotis & Pavlos Georgilakis, 2020. "Probabilistic Spatial Load Forecasting Based on Hierarchical Trending Method," Energies, MDPI, vol. 13(18), pages 1-25, September.
  29. Abuella, Mohamed & Chowdhury, Badrul, 2019. "Forecasting of solar power ramp events: A post-processing approach," Renewable Energy, Elsevier, vol. 133(C), pages 1380-1392.
  30. Josue Campos do Prado & Wei Qiao & Liyan Qu & Julio Romero Agüero, 2019. "The Next-Generation Retail Electricity Market in the Context of Distributed Energy Resources: Vision and Integrating Framework," Energies, MDPI, vol. 12(3), pages 1-24, February.
  31. Köhler, Carmen & Steiner, Andrea & Saint-Drenan, Yves-Marie & Ernst, Dominique & Bergmann-Dick, Anja & Zirkelbach, Mathias & Ben Bouallègue, Zied & Metzinger, Isabel & Ritter, Bodo, 2017. "Critical weather situations for renewable energies – Part B: Low stratus risk for solar power," Renewable Energy, Elsevier, vol. 101(C), pages 794-803.
  32. Golmohamadi, Hessam & Asadi, Amin, 2020. "A multi-stage stochastic energy management of responsive irrigation pumps in dynamic electricity markets," Applied Energy, Elsevier, vol. 265(C).
  33. Rahmani-Dabbagh, Saeed & Sheikh-El-Eslami, Mohammad Kazem, 2016. "A profit sharing scheme for distributed energy resources integrated into a virtual power plant," Applied Energy, Elsevier, vol. 184(C), pages 313-328.
  34. Arega Getaneh Abate & Rossana Riccardi & Carlos Ruiz, 2022. "Contract design in electricity markets with high penetration of renewables: A two-stage approach," Papers 2201.09927, arXiv.org, revised Jun 2022.
  35. Cornélusse, Bertrand & Savelli, Iacopo & Paoletti, Simone & Giannitrapani, Antonio & Vicino, Antonio, 2019. "A community microgrid architecture with an internal local market," Applied Energy, Elsevier, vol. 242(C), pages 547-560.
  36. Raheli, Enrica & Wu, Qiuwei & Zhang, Menglin & Wen, Changyun, 2021. "Optimal coordinated operation of integrated natural gas and electric power systems: A review of modeling and solution methods," Renewable and Sustainable Energy Reviews, Elsevier, vol. 145(C).
  37. Christos Roumkos & Pandelis N. Biskas & Ilias G. Marneris, 2022. "Integration of European Electricity Balancing Markets," Energies, MDPI, vol. 15(6), pages 1-26, March.
  38. Esmaeili Aliabadi, Danial & Kaya, Murat & Sahin, Guvenc, 2017. "Competition, risk and learning in electricity markets: An agent-based simulation study," Applied Energy, Elsevier, vol. 195(C), pages 1000-1011.
  39. Christopher Kath & Weronika Nitka & Tomasz Serafin & Tomasz Weron & Przemyslaw Zaleski & Rafal Weron, 2019. "Balancing RES generation: Profitability of an energy trader," HSC Research Reports HSC/19/07, Hugo Steinhaus Center, Wroclaw University of Science and Technology.
  40. Ma, Chao & Xu, Ximeng & Pang, Xiulan & Li, Xiaofeng & Zhang, Pengfei & Liu, Lu, 2024. "Scenario-based ultra-short-term rolling optimal operation of a photovoltaic-energy storage system under forecast uncertainty," Applied Energy, Elsevier, vol. 356(C).
  41. James Wesley Burnett & Xueting Zhao, 2017. "Spatially Explicit Prediction of Wholesale Electricity Prices," International Regional Science Review, , vol. 40(2), pages 99-140, March.
  42. Brusaferri, Alessandro & Matteucci, Matteo & Spinelli, Stefano & Vitali, Andrea, 2022. "Probabilistic electric load forecasting through Bayesian Mixture Density Networks," Applied Energy, Elsevier, vol. 309(C).
  43. Lindström, Erik & Norén, Vicke & Madsen, Henrik, 2015. "Consumption management in the Nord Pool region: A stability analysis," Applied Energy, Elsevier, vol. 146(C), pages 239-246.
  44. Ederer, Nikolaus, 2015. "The market value and impact of offshore wind on the electricity spot market: Evidence from Germany," Applied Energy, Elsevier, vol. 154(C), pages 805-814.
  45. Joan Batalla-Bejerano & Elisa Trujillo-Baute, 2015. "Analysing the sensitivity of electricity system operational costs to deviations in supply and demand," Working Papers 2015/8, Institut d'Economia de Barcelona (IEB).
  46. Muhammad Wajahat Hassan & Muhammad Babar Rasheed & Nadeem Javaid & Waseem Nazar & Muhammad Akmal, 2018. "Co-Optimization of Energy and Reserve Capacity Considering Renewable Energy Unit with Uncertainty," Energies, MDPI, vol. 11(10), pages 1-25, October.
  47. Roth, Lucas & Lowitzsch, Jens & Yildiz, Özgür & Hashani, Alban, 2016. "The impact of (co-) ownership of renewable energy production facilities on demand flexibility," MPRA Paper 73562, University Library of Munich, Germany.
  48. Junker, Rune Grønborg & Azar, Armin Ghasem & Lopes, Rui Amaral & Lindberg, Karen Byskov & Reynders, Glenn & Relan, Rishi & Madsen, Henrik, 2018. "Characterizing the energy flexibility of buildings and districts," Applied Energy, Elsevier, vol. 225(C), pages 175-182.
  49. Tawsif Ahmad & Ning Zhou & Ziang Zhang & Wenyuan Tang, 2024. "Enhancing Probabilistic Solar PV Forecasting: Integrating the NB-DST Method with Deterministic Models," Energies, MDPI, vol. 17(10), pages 1-19, May.
  50. Henao, Felipe & Dyner, Isaac, 2020. "Renewables in the optimal expansion of colombian power considering the Hidroituango crisis," Renewable Energy, Elsevier, vol. 158(C), pages 612-627.
  51. Brusaferri, Alessandro & Matteucci, Matteo & Portolani, Pietro & Vitali, Andrea, 2019. "Bayesian deep learning based method for probabilistic forecast of day-ahead electricity prices," Applied Energy, Elsevier, vol. 250(C), pages 1158-1175.
  52. Fontenot, Hannah & Dong, Bing, 2019. "Modeling and control of building-integrated microgrids for optimal energy management – A review," Applied Energy, Elsevier, vol. 254(C).
  53. Friedrich Chasin & Ute Paukstadt & Patrick Ullmeyer & Jörg Becker, 2020. "Creating Value From Energy Data: A Practitioner’s Perspective on Data-Driven Smart Energy Business Models," Schmalenbach Business Review, Springer;Schmalenbach-Gesellschaft, vol. 72(4), pages 565-597, October.
  54. Zhang, Juntao & Cheng, Chuntian & Yu, Shen & Wu, Huijun & Gao, Mengping, 2021. "Sharing hydropower flexibility in interconnected power systems: A case study for the China Southern power grid," Applied Energy, Elsevier, vol. 288(C).
  55. Loizidis, Stylianos & Kyprianou, Andreas & Georghiou, George E., 2024. "Electricity market price forecasting using ELM and Bootstrap analysis: A case study of the German and Finnish Day-Ahead markets," Applied Energy, Elsevier, vol. 363(C).
  56. Nielsen, Maria Grønnegaard & Morales, Juan Miguel & Zugno, Marco & Pedersen, Thomas Engberg & Madsen, Henrik, 2016. "Economic valuation of heat pumps and electric boilers in the Danish energy system," Applied Energy, Elsevier, vol. 167(C), pages 189-200.
  57. Jérôme De Boeck & Luce Brotcorne & Bernard Fortz, 2022. "Strategic bidding in price coupled regions," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 95(3), pages 365-407, June.
  58. Lina Silva-Rodriguez & Anibal Sanjab & Elena Fumagalli & Ana Virag & Madeleine Gibescu, 2020. "Short Term Electricity Market Designs: Identified Challenges and Promising Solutions," Papers 2011.04587, arXiv.org.
  59. Emely Cruz-De-Jesús & Jose L. Martínez-Ramos & Alejandro Marano-Marcolini, 2022. "Optimal Scheduling of Controllable Resources in Energy Communities: An Overview of the Optimization Approaches," Energies, MDPI, vol. 16(1), pages 1-15, December.
  60. Bismark Singh & Bernard Knueven, 2021. "Lagrangian relaxation based heuristics for a chance-constrained optimization model of a hybrid solar-battery storage system," Journal of Global Optimization, Springer, vol. 80(4), pages 965-989, August.
  61. Gonzalez, Arnau & Riba, Jordi-Roger & Esteban, Bernat & Rius, Antoni, 2018. "Environmental and cost optimal design of a biomass–Wind–PV electricity generation system," Renewable Energy, Elsevier, vol. 126(C), pages 420-430.
  62. Najafi, Arsalan & Pourakbari-Kasmaei, Mahdi & Jasinski, Michal & Lehtonen, Matti & Leonowicz, Zbigniew, 2021. "A hybrid decentralized stochastic-robust model for optimal coordination of electric vehicle aggregator and energy hub entities," Applied Energy, Elsevier, vol. 304(C).
  63. Tajeddini, Mohammad Amin & Rahimi-Kian, Ashkan & Soroudi, Alireza, 2014. "Risk averse optimal operation of a virtual power plant using two stage stochastic programming," Energy, Elsevier, vol. 73(C), pages 958-967.
  64. Hessam Golmohamadi & Saeed Golestan & Rakesh Sinha & Birgitte Bak-Jensen, 2024. "Demand-Side Flexibility in Power Systems, Structure, Opportunities, and Objectives: A Review for Residential Sector," Energies, MDPI, vol. 17(18), pages 1-22, September.
  65. Marcjasz, Grzegorz & Uniejewski, Bartosz & Weron, Rafał, 2020. "Probabilistic electricity price forecasting with NARX networks: Combine point or probabilistic forecasts?," International Journal of Forecasting, Elsevier, vol. 36(2), pages 466-479.
  66. Waewsak, Jompob & Ali, Shahid & Natee, Warut & Kongruang, Chuleerat & Chancham, Chana & Gagnon, Yves, 2020. "Assessment of hybrid, firm renewable energy-based power plants: Application in the southernmost region of Thailand," Renewable and Sustainable Energy Reviews, Elsevier, vol. 130(C).
  67. Turk, Ana & Wu, Qiuwei & Zhang, Menglin & Østergaard, Jacob, 2020. "Day-ahead stochastic scheduling of integrated multi-energy system for flexibility synergy and uncertainty balancing," Energy, Elsevier, vol. 196(C).
  68. Kostelac, Matija & Pavić, Ivan & Zhang, Ning & Capuder, Tomislav, 2022. "Uncertainty modelling of an industry facility as a multi-energy demand response provider," Applied Energy, Elsevier, vol. 307(C).
  69. Gabrielli, Paolo & Gazzani, Matteo & Martelli, Emanuele & Mazzotti, Marco, 2018. "Optimal design of multi-energy systems with seasonal storage," Applied Energy, Elsevier, vol. 219(C), pages 408-424.
  70. Luis Mazorra-Aguiar & Philippe Lauret & Mathieu David & Albert Oliver & Gustavo Montero, 2021. "Comparison of Two Solar Probabilistic Forecasting Methodologies for Microgrids Energy Efficiency," Energies, MDPI, vol. 14(6), pages 1-26, March.
  71. Zhang, Menglin & Wu, Qiuwei & Wen, Jinyu & Xue, Xizhen & Lin, Zhongwei & Fang, Fang, 2021. "Real-time optimal operation of integrated electricity and heat system considering reserve provision of large-scale heat pumps," Energy, Elsevier, vol. 237(C).
  72. José R. Andrade & Jorge Filipe & Marisa Reis & Ricardo J. Bessa, 2017. "Probabilistic Price Forecasting for Day-Ahead and Intraday Markets: Beyond the Statistical Model," Sustainability, MDPI, vol. 9(11), pages 1-29, October.
  73. Aitazaz Ali Raja & Pierre Pinson & Jalal Kazempour & Sergio Grammatico, 2022. "A Market for Trading Forecasts: A Wagering Mechanism," Papers 2205.02668, arXiv.org, revised Oct 2022.
  74. Pedro Nel Ovalle & José Vuelvas & Arturo Fajardo & Carlos Adrián Correa-Flórez & Fredy Ruiz, 2021. "Optimal Portfolio Selection Methodology for a Demand Response Aggregator," Energies, MDPI, vol. 14(23), pages 1-24, November.
  75. Ricardo M. Lima & Antonio J. Conejo & Loïc Giraldi & Olivier Le Maître & Ibrahim Hoteit & Omar M. Knio, 2022. "Risk-Averse Stochastic Programming vs. Adaptive Robust Optimization: A Virtual Power Plant Application," INFORMS Journal on Computing, INFORMS, vol. 34(3), pages 1795-1818, May.
  76. Christopher Kath & Weronika Nitka & Tomasz Serafin & Tomasz Weron & Przemysław Zaleski & Rafał Weron, 2020. "Balancing Generation from Renewable Energy Sources: Profitability of an Energy Trader," Energies, MDPI, vol. 13(1), pages 1-15, January.
  77. Junker, Rune Grønborg & Kallesøe, Carsten Skovmose & Real, Jaume Palmer & Howard, Bianca & Lopes, Rui Amaral & Madsen, Henrik, 2020. "Stochastic nonlinear modelling and application of price-based energy flexibility," Applied Energy, Elsevier, vol. 275(C).
  78. Yerzhigit Bapin & Mehdi Bagheri & Vasilios Zarikas, 2019. "Optimal Allocation of Spinning Reserves in Interconnected Energy Systems with Demand Response Using a Bivariate Wind Prediction Model," Energies, MDPI, vol. 12(20), pages 1-21, October.
  79. Verzijlbergh, R.A. & De Vries, L.J. & Dijkema, G.P.J. & Herder, P.M., 2017. "Institutional challenges caused by the integration of renewable energy sources in the European electricity sector," Renewable and Sustainable Energy Reviews, Elsevier, vol. 75(C), pages 660-667.
  80. Jethro Browell, 2018. "Risk Constrained Trading Strategies for Stochastic Generation with a Single-Price Balancing Market," Energies, MDPI, vol. 11(6), pages 1-17, May.
  81. Frederik Banis & Henrik Madsen & Niels K. Poulsen & Daniela Guericke, 2020. "Prosumer Response Estimation Using SINDyc in Conjunction with Markov-Chain Monte-Carlo Sampling," Energies, MDPI, vol. 13(12), pages 1-16, June.
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