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Nhung Nguyen Hong and Huy Nguyen Duc
In recent years, with the rapid increase in renewable energy sources (RESs), a Virtual Power Plant (VPP) concept has been developed to integrate many small-scale RESs, energy storage systems (ESSs), and customers into a unified agent in the electricity m...
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Gonca Gürses-Tran and Antonello Monti
Forecast developers predominantly assess residuals and error statistics when tuning the targeted model?s quality. With that, eventual cost or rewards of the underlying business application are typically not considered in the model development phase. The ...
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Fei Teng, Danny Pudjianto, Marko Aunedi and Goran Strbac
This paper analyses the impacts and benefits of the pumped storage plant (PSP) and its upgrade to variable speed on generation and transmission capacity requirements, capital costs, system operating costs and carbon emissions in the future European elect...
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