Methods of participating power spot market bidding and settlement for renewable energy systems

Article Thermodynamics

A robust model for aggregated bidding of energy storages and wind resources in the joint energy and reserve markets

Meysam Khojasteh et al.

Summary: The study introduces a new model to assess the performance of BES in various markets and determines optimal participation levels based on market prices, ramp rates, marginal costs, and technical constraints of units.

ENERGY (2022)

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Article Computer Science, Hardware & Architecture

Creating Collision-Free Communication in IoT with 6G Using Multiple Machine Access Learning Collision Avoidance Protocol

P. Mohamed Shakeel et al.

Summary: Cloud computing is crucial for providing consumer devices with elastic resources, but communication collisions in heterogeneous networks can impact performance. Future cloud-edge networks will require flexible solutions to handle vast amounts of clients and servers, with MMALCCA protocol offering an effective communication process in the environment of 6G Internet of Things.

MOBILE NETWORKS & APPLICATIONS (2021)

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Article Engineering, Electrical & Electronic

Realistic energy commitments in peer-to-peer transactive market with risk adjusted prosumer welfare maximization

Vivek Mohan et al.

Summary: The proposed P2P market settlement mechanism reduces energy risk in transactions by modeling energy production risk using Markowitz portfolio theory. By optimizing energy allocation using a modified Sharpe ratio and SWTC-NSPSO, the mechanism maximizes welfare for buyers and sellers. The mechanism also assigns responsibilities to distribution system operators to ensure technical feasibility and facilitate short-distance transactions.

INTERNATIONAL JOURNAL OF ELECTRICAL POWER & ENERGY SYSTEMS (2021)

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Article Engineering, Civil

Spot quotation alliance modeling method of cascade hydropower based on symbiosis theory

Yanmei Zhu et al.

Summary: This study proposes a spot quotation alliance modeling method of cascade hydropower stations based on symbiosis theory, and the case study shows that forming a quotation alliance under symbiotic effect can increase market shares and power generation revenue, while reducing the total power purchase cost of the grid.

JOURNAL OF HYDROLOGY (2021)

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Article Automation & Control Systems

Forming Dispatchable Region of Electric Vehicle Aggregation in Microgrid Bidding

Ming Zhou et al.

Summary: The article proposes a dispatchable region formation approach for EV aggregation in microgrids, allowing the MG operator to directly schedule the EV aggregation for market revenue maximization. This approach can significantly improve computation efficiency and forecasting accuracy, as demonstrated by case studies using real-world datasets.

IEEE TRANSACTIONS ON INDUSTRIAL INFORMATICS (2021)

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Article Engineering, Electrical & Electronic

Smart Grid Vulnerability and Defense Analysis Under Cascading Failure Attacks

Tu N. Nguyen et al.

Summary: Today's smart grids are vulnerable to cascading failure attacks, and existing methods are ineffective in dealing with them. This study introduces the MICLLB problem and corresponding algorithms, demonstrating their effectiveness and feasibility through experiments.

IEEE TRANSACTIONS ON POWER DELIVERY (2021)

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Article Thermodynamics