Zobrazeno 1 - 10
of 133
pro vyhledávání: '"Xu, Bolun"'
This paper studies the long-term energy management of a microgrid coordinating hybrid hydrogen-battery energy storage. We develop an approximate semi-empirical hydrogen storage model to accurately capture the power-dependent efficiency of hydrogen st
Externí odkaz:
http://arxiv.org/abs/2407.21698
This paper proposes a novel framework to price energy storage in economic dispatch with a social welfare maximization objective. This framework can be utilized by power system operators to generate default bids for storage or to benchmark market powe
Externí odkaz:
http://arxiv.org/abs/2407.07068
Electric power systems are undergoing a major transformation as they integrate intermittent renewable energy sources, and batteries to smooth out variations in renewable energy production. As privately-owned batteries grow from their role as marginal
Externí odkaz:
http://arxiv.org/abs/2406.18685
This paper presents a novel decision-focused framework integrating the physical energy storage model into machine learning pipelines. Motivated by the model predictive control for energy storage, our end-to-end method incorporates the prior knowledge
Externí odkaz:
http://arxiv.org/abs/2406.17085
Autor:
Chen, Liudong, Xu, Bolun
We investigate a flexible demand with a risk-neutral cost-saving objective in response to volatile electricity prices. We introduce the concept of prudent demand, which states that future price uncertainties will affect immediate consumption patterns
Externí odkaz:
http://arxiv.org/abs/2405.16356
Electricity markets are experiencing a rapid increase in energy storage unit participation. Unlike conventional generation resources, quantifying the competitive operation and identifying if a storage unit is exercising market power is challenging, p
Externí odkaz:
http://arxiv.org/abs/2405.01442
This paper presents an integrated model for bidding energy storage in day-ahead and real-time markets to maximize profits. We show that in integrated two-stage bidding, the real-time bids are independent of day-ahead settlements, while the day-ahead
Externí odkaz:
http://arxiv.org/abs/2404.17683
Economic withholding in electricity markets refers to generators bidding higher than their true marginal fuel cost, and is a typical approach to exercising market power. However, existing market designs require storage to design bids strategically ba
Externí odkaz:
http://arxiv.org/abs/2403.05705
Autor:
Zheng, Ningkun, Xu, Bolun
This paper presents a new open-source model for simulating two-stage market clearing based on the Western Electricity Coordinating Council Anchor Data Set. We model accurate two-stage market clearing with day-ahead unit commitment at hourly resolutio
Externí odkaz:
http://arxiv.org/abs/2312.15349
Autor:
Chen, Liudong, Xu, Bolun
Time-varying pricing tariffs incentivize consumers to shift their electricity demand and reduce costs, but may increase the energy burden for consumers with limited response capability. The utility must thus balance affordability and response incenti
Externí odkaz:
http://arxiv.org/abs/2307.15088