Coordination Strategies for Reducing Price Volatility in Local Electricity Markets

With increasing renewable energy and cross-sectoral electrification price volatility is increasing. Flexibility through demand-side management and electric storage has the potential for reducing price volatility. In this thesis, using duality theory the flexibility required for constraining price to a maximum limit is quantified. <br/...

Coordination of Heterogeneous Deferrable Loads using the F-MBC Mechanism

Increasing participation of prosumers in the electricity grid calls for efficient operational strategies for utilizing the flexibility offered by Distributed Energy Resources (DER) to match supply and demand. This paper investigates the coordination performance of a recently proposed coordination scheme for deferrable loads: Forecast Mediated...