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van der Heijden, T.J.T. (author), Palensky, P. (author), van de Giesen, N.C. (author), Abraham, E. (author)In this manuscript, we test the operational performance decrease of a probabilistic framework for Demand Response (DR). We use Day Ahead Market (DAM) price scenarios generated by a Combined Quantile Regression Deep Neural Network (CQR-DNN) and a Non-parametric Bayesian Network (NPBN) to maximise profit of a Battery Energy Storage System (BESS)...conference paper 2023
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van der Heijden, T.J.T. (author), Lugt, D. (author), van Nooijen, R.R.P. (author), Palensky, P. (author), Abraham, E. (author)Participation in demand response (DR) has been explored for many large energy-using assets based on day ahead electricity markets. In this manuscript, we propose the use of multiple electricity spot markets to enable price-based DR for open canal systems in the Netherlands, where many large pumping stations are used for flood mitigation and...journal article 2022