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A linear programming framework is proposed to model distribution network characteristics, and market clearing processes for flexible load and distributed energy resources providing reserve and reactive power compensation. One shows that the Nash equilibriu ...
The Multi-Directional Hybrid Testing System (MDHTS) at Polytechnique Montreal is an advanced structural testing system that can be used to study the response of large-scale structural components such as columns, walls, or bridge piers subjected to any comb ...
This paper presents a real-world application of stochastic programming in the Swiss hydro-based system. The seasonal hydrological conditions may cause insufficient market volume to an extent that security criteria (i.e., the criteria determining of reserve ...
This paper proposes a decentralized methodology to optimally schedule generating units while simultaneously determining the geographical allocation of the required reserve.We consider an interconnected multi-area power systemwith cross-border trading in th ...
This paper proposes an appropriate offering strategy method for an electric railway company (ERC) to participate in reserve markets. In this respect, first the problem of energy and reserve scheduling for the ERC is modeled in a deterministic way. Next, a ...
In practice, some customers like industrial ones have higher value of involuntary lost load (VOLL) than other customers and thus, are willing to pay more for higher reliability levels than those with less VOLL, and consequently, they are more concerned wit ...
Both deterministic and probabilistic approaches can be used to establish spinning reserve requirements. It has been proved that determining reserve requirements based on probabilistic approaches results in more economical efficiency. So, a probabilistic se ...
The reserve is a service traded in the market to counteract unpredictable changes in system conditions. The efficient market-clearing procedure relies on economic criteria while maintaining the system security by means of a proper reserve management progra ...
Robust programs with modulated uncertainty sets are problems in which the uncertainty sets are treated as optimization variables. In many applications, these uncertainty sets can be interpreted as reserve capacities for which rewards are offered. One examp ...
Using a comprehensive sample of trades by Schedule 13D filers, who possess valuable private information when they accumulate stocks of targeted companies, this paper studies whether several liquidity measures reveal the presence of informed trading. The ev ...