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Joshi, R. (author), Kruijff, Michiel (author), Schmehl, R. (author)In the current auction-based electricity market, the design of utility-scale renewable energy systems has traditionally been driven by the levelised cost of energy (LCoE). However, the market is gradually moving towards a subsidy-free era, which will expose the power plant owners to the fluctuating prices of electricity. This paper presents a...journal article 2023
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Leenders, Mats (author)The right to use a certain amount of capacity in an electrical cable between two countries for the purpose of trading energy is an asset that can be bought. Each hour of capacity can be seen as a real spread option with the energy prices of each country being the underlying processes. In this thesis we build a model to find the fair value of a...master thesis 2022
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Piao, L. (author)Direct current distribution systems (DCDS) are a promising alternative to alternating current (AC) systems because they remove AC--DC conversion between sources and loads that cause energy losses. Compared to AC systems, a DCDS has higher power capacity, energy efficiency and reliability, and no need for synchronisation---suitable where a large...doctoral thesis 2022
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Groenewoud, Jasper (author)<br/>Power system planning is a strenuous exercise for both people and computers. As carbon goals and geopolit- ical complexities intensify, the number of scenarios for electricity system development is limitless. In search of robust policy and profitable investments, policymakers and investment managers rely on long-term elec- tricity system...master thesis 2022
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Chakraborty, S.T. (author)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/...doctoral thesis 2022
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Slits, Wouter (author)To match supply from intermittent renewable energy sources (RES) with demand, it is proposed in literature to introduce flexibility in the electricity market of the future. Flexibility can be provided by energy storage, demand response and cross-border transmission. In this thesis flexibility is modeled explicitly through the price mechanism of...master thesis 2022
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Bachasingh, Ashni (author)Electricity is a quite unique commodity. Due to the economically non-storable nature of the commodity that electricity is, the constant balance between consumption and production, weather effects, such as temperature, wind speed, solar intensity etc, and the intensity of everyday and business activities, e.g. holi- days, weekends, on- and off...master thesis 2022
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van Dijk, Bob (author)Rapid intake of intermittent generation units, more decentralised production and electrification of demand impose serious challenges on transmission- and distribution electricity grids. Part of this challenge is an increasing amount of congestion on the grids. The Dutch redispatch market for congestion management needs to be adapted to include...master thesis 2022
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Melliger, Marc (author), Chappin, E.J.L. (author)Support schemes have been central to the expansion of renewable electricity globally and in the European Union. As technologies mature, individual member states may decide to phase out these policies. While previous research has shown that such policy changes affect investors’ decisions, we investigate how they affect pathways and electricity...journal article 2022
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De Vries, Laurens (author), Sanchez Jimenez, I.J. (author)Existing indicators of electricity system adequacy need to be supplemented with economic performance indicators. As power systems are decarbonized, energy storage technologies are being developed and demand is becoming more flexible. Reliability standards need to reflect the price elasticity of these sources of flexibility. During scarcity...journal article 2022
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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
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Visser, L. R. (author), Kootte, M.E. (author), Ferreira, A. C. (author), Sicurani, O. (author), Pauwels, E. J. (author), Vuik, Cornelis (author), Van Sark, W. G.J.H.M. (author), AlSkaif, T. A. (author)Fluctuating electricity prices offer potential economic savings for the consumption of electricity by flexible assets such as Electric Vehicles (EVs). This study proposes an operational bidding framework that minimizes the charging costs of an EV fleet by submitting an optimized bid to the day-ahead electricity market. The framework consists...journal article 2022
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van Holthoon, Gijs (author)The largescale installation of wind energy will provide challenges, such as maintaining a stable grid, security of supply, and profitability of renewables. The unpredictable nature of wind energy will cause more imbalances between generation and consumption to occur, consequently increasing the demand for the balancing energy reserves that...master thesis 2021
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van der Leest, Max (author)Exploiting electric vehicles for maintaining a stable electricity grid is a promising opportunity, which is recognized by both the academic and industrial world. Although the concept is relatively simple, the operating space containing many different stakeholders, rules and legislation is not. There are various practical issues that complicate...master thesis 2021
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Boekel, Jasper (author)The primary goal of this work was to develop a model that solved the market clearing problem while abiding by all the special requirements set by the European power ex- changes. The methodology that we applied is derived from Madani and Van Vyve, who referred to it as the Primal-Dual approach. It is assumed that the optimal set of blocks for the...bachelor thesis 2021
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Poplavskaya, K. (author)Balancing and redispatch are essential services for the security and stability of the electricity network. Balancing refers to continuously maintaining a balance between supply and demand through activating flexible resources. Redispatch refers to changing the dispatch of generators to remedy network congestion. The need for flexibility...doctoral thesis 2021
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Lago, Jesus (author), Suryanarayana, Gowri (author), Sogancioglu, Ecem (author), De Schutter, B.H.K. (author)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...journal article 2021
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Alavirad, Soheil (author), Mohammadi, S. (author), Golombok, Michael (author), Haans, Koen (author)We research effects on the electricity market of countries surrounding the North Sea after a proposed offshore wind park in the Dogger Bank area of the North Sea has been constructed. Interconnection and generation distribution are analysed separately. The supply price of electricity for each country is calculated by a linear regression...journal article 2021
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van den Berg, Paulien (author), Scholten, D.J. (author), Schachter, Jonathan (author), Blok, K. (author)A dynamic and fast-changing environment brings challenges for generating long-term scenarios. Although the need to update scenarios for decision-making is recognized, a structured way for executing this process remains unclear. To configure a solution, we propose two concepts that need to be introduced: 1) that scenarios consist of a multi...journal article 2021
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Piao, L. (author), De Vries, Laurens (author), de Weerdt, M.M. (author), Yorke-Smith, N. (author)DC distribution systems are a promising alternative to existing AC distribution systems. They connect customers to local energy sources without conversion, thus reducing power losses. However, the unique features of DC impose strict requirements for system operation compared to AC. Within the context of a liberalized energy market, this...journal article 2021