Optimal Control Strategies for Seasonal Thermal Energy Storage Systems with Market Interaction

Seasonal thermal energy storage systems (STESSs) can shift the delivery of renewable energy sources and mitigate their uncertainty problems. However, to maximize the operational profit of STESSs and ensure their long-term profitability, control strategies that allow them to trade on wholesale electricity markets are required. While control...

Multi-area control of overlapping areas in power systems for FACTS control

As power systems generally are large interconnected systems controlled by several parties, centralized optimal power flow (OPF) control taking the entire grid into account is often not feasible. To use optimal control in power systems nevertheless, the overall system is decomposed into areas with associated subproblems, which are solved in an...