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Showing 1 to 8 of 8 for “"Power system economics"”.

  1. Essays in Power System Economics

    … we model the effects of forward contracting on power prices in wholesale electricity markets. In contrast to most of the previous literature, we explicitly model power retailers, and introduce risk aversion. As expected, increasing the number of players have pro-competitive effects on the spot …

    rice Repository record for Essays in Power System Economics (opens in a new tab)

  2. Utility business model innovation : a techno-economic and strategic analysis of distributed energy systems

    … and efficient functioning of critical electric power infrastructure. Due to a variety of factors, including technological progress and policy goals, many electric power industry stakeholders believe the business model of electric utilities is on the precipice of unprecedented change. However, …

    mit Repository record for Utility business model innovation : a techno-economic and strategic analysis of distributed energy systems (opens in a new tab)

  3. Strengthening QC relaxations of optimal power flow problems by exploiting various coordinate changes

    … by the potential for improvements in electric power system economics, this dissertation studies the AC optimal power flow (AC OPF) problem. An AC OPF problem optimizes a specified objective function subject to constraints imposed by both the non-linear power flow equations and engineering …

    must-thes Repository record for Strengthening QC relaxations of optimal power flow problems by exploiting various coordinate changes (opens in a new tab)

  4. Assessment of the impacts of demand curtailments in the DAMs: issues in and proposed modifications of FERC Order No. 745

    … usage, explicit consideration of transmission system in the determination of the threshold price and an additional test to guarantee that no buyer is worse off in the post-curtailment state than in the pre-curtailment state. We propose to limit the data to on-peak LMPs instead of the …

    uiuc Repository record for Assessment of the impacts of demand curtailments in the DAMs: issues in and proposed modifications of FERC Order No. 745 (opens in a new tab)

  5. Analysis and performance evaluation of coordinated transaction scheduling

    … that is deployed by the New York Independent System Operator (NYISO) and Independent System Operator-New England (ISO-NE) since December 15, 2015. The analysis and the quantification of the performance of any interchange evaluation methodology require the explicit representation of the …

    uiuc Repository record for Analysis and performance evaluation of coordinated transaction scheduling (opens in a new tab)

  6. Game-theoretic analysis of deregulated electricity markets: From retail to wholesale

    … penetration of renewable resources into the power grid, critical issues and challenges arise to the design and operation of deregulated electricity markets. In this dissertation, we exploit tools from game theory and optimization theory to address some of these critical issues. Firstly, …

    uiuc Repository record for Game-theoretic analysis of deregulated electricity markets: From retail to wholesale (opens in a new tab)

  7. Unit commitment : tight formulation and pricing

    … increasing renewable supply variability, thermal power plants have started up and shut down more frequently. These discrete commitment decisions, optimized in the unit commitment (UC) problem, have an impact on system operations as well as generation expansion planning (GEP). The non-convex costs …

    texas Repository record for Unit commitment : tight formulation and pricing (opens in a new tab)

  8. Risk Optimized Microgrid Resource Management

    … within a transactive energy style market. The system is organized into a master controller and local controller confïguration to simulate behind meter activity that is not visible to the master controller. Conditional value at risk is used to asses the risk of distributed energy resources in …

    denver Repository record for Risk Optimized Microgrid Resource Management (opens in a new tab)