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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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Oana Marin, Tudor Cioara and Ionut Anghel
Buildings can become a significant contributor to an energy system?s resilience if they are operated in a coordinated manner to exploit their flexibility in multi-carrier energy networks. However, research and innovation activities are focused on single-...
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Nika Nizharadze, Arash Farokhi Soofi and Saeed Manshadi
Predicting the price gap between the day-ahead Market (DAM) and the real-time Market (RTM) plays a vital role in the convergence bidding mechanism of Independent System Operators (ISOs) in wholesale electricity markets. This paper presents a model to pre...
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Valerio Mandarino, Giuseppe Pappalardo and Emiliano Tramontana
The increased penetration of Distributed Energy Resources (DERs) in electricity markets has given rise to a new category of energy players, called Aggregators, whose role is to ensure fair remuneration for energy supplied by DERs, and support the smooth ...
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Mohammad M. Khabbazan
The EU has established the world?s first cross-border emission-trading systems (ETS) for greenhouse gas (GHG) emissions, currently covering aviation, emission-intensive sectors, and electricity (EITE). The EU Commission has offered to apply emissions tra...
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Vigaile Semaskaite, Marijonas Bogdevicius, Tatjana Paulauskiene, Jochen Uebe and Ludmila Filina-Dawidowicz
Natural gas plays a vital role in the economically and environmentally sustainable future of energy. Its reliable deliveries are required, especially nowadays, when the energy market is so volatile and unstable. The conversion of natural gas to its lique...
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Stephen Haben, Julien Caudron and Jake Verma
The energy sector is moving towards a low-carbon, decentralised, and smarter network. The increased uptake of distributed renewable energy and cheaper storage devices provide opportunities for new local energy markets. These local energy markets will req...
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Javier Menéndez, Jesús Manuel Fernández-Oro and Jorge Loredo
The electricity generated by some renewable energy sources (RESs) is difficult to forecast; therefore, large-scale energy storage systems (ESSs) are required for balancing supply and demand. Unlike conventional pumped storage hydropower (PSH) systems, un...
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Cosmin Darab, Turcu Antoniu, Horia Gheorghe Beleiu, Sorin Pavel, Iulian Birou, Dan Doru Micu, Stefan Ungureanu and Stefan Dragos Cirstea
Short-term electricity load forecasting has attracted considerable attention as a result of the crucial role that it plays in power systems and electricity markets. This paper presents a novel hybrid forecasting method that combines an autoregressive mod...
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Mauro Castelli, Ale? Groznik and Ale? Popovic
The electricity market is a complex, evolutionary, and dynamic environment. Forecasting electricity prices is an important issue for all electricity market participants. In this study, we shed light on how to improve electricity price forecasting accurac...
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