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Mulder, Sebastiaan (author), Klein, S.A. (author)To support increasing renewable capacity for a net-zero future, energy storage will play a key role in maintaining grid stability. In this paper, all current and near-future energy storage technologies are compared for three different scenarios: (1) fixed electricity buy-in price, (2) market-based electricity buy-in price, and (3) energy storage...journal article 2024
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Dolanyi, Mihaly (author), Bruninx, K. (author), Toubeau, Jean Francois (author), Delarue, Erik (author)In competitive electricity markets, the optimal bid or offer problem of a strategic agent is commonly formulated as a bi-level program and solved as a mathematical program with equilibrium constraints (MPEC). If the lower-level (LL) part of the problem can be well approximated as a convex problem, this approach leads to a global optimum. However...journal article 2024
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Kenis, Michiel (author), Bruninx, K. (author), Delarue, Erik (author)Flow-based market coupling is a critical element of the electricity market in Europe. Transmission System Operators determine the commercial transmission capacity that can be implicitly traded in a zonal day-ahead market. However, this entails a trade-off: higher commercial transmission capacities increase market efficiency, affecting the...journal article 2024
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López Prol, Javier (author), de Llano Paz, Fernando (author), Calvo-Silvosa, Anxo (author), Pfenninger, Stefan (author), Staffell, Iain (author)Climate change and geopolitical risks call for the rapid transformation of electricity systems worldwide, with Europe at the forefront. Wind and solar are the lowest cost, lowest risk, and cleanest energy sources, but their variability poses integration challenges. Combining both technologies and integrating regions with dissimilar generation...journal article 2024
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Zhao, H. (author)Green ammonia is poised to be a key part in the hydrogen economy. This paper discusses green ammonia supply chains with a focus on market structures. The architecture of upstream and downstream supply chains is explored. Market structure prototypes in different stages are explored based on transaction cost economics and lessons from the...journal article 2024
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Baricchio, M. (author), Korevaar, Marc (author), Babal, Pavel (author), Ziar, H. (author)East/West (E/W) vertical bifacial photovoltaic (PV) modules can achieve higher profits than the conventional North/South (N/S) tilted configuration depending on the design choices and external conditions. In this study a model based on 2D view factor concept is developed to estimate the power generated by a large-scale bifacial PV farm,...journal article 2024
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Inamdar, A.S. (author), Hauck, Torsten (author), van Soestbergen, Michiel (author), van Driel, W.D. (author), Zhang, Kouchi (author)Model order reduction techniques are developed and utilized to make numerical simulations more efficient. The use of Reduce Order Models (ROM) also enables data exchange with external parties without disclosing the sensitive information present in a Full-Order Model (FOM). It is crucial to optimize for both the efficiency and accuracy of a ROM...conference paper 2024
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Kowalski, Michał J. (author), Wang, T. (author), Kazak, Jan K. (author)The COVID-19 pandemic period brings huge uncertainty, especially for the real estate sector. On the one hand, restrictions on the mobility of a population, decline in travel demands, popularization of remote work and education models caused doubts among investors questioning the future of the sector and the functions of real estate. On the...journal article 2023
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Ghasemi-Olanlari, Farzin (author), Moradi Sepahvand, M. (author), Amraee, Turaj (author)This paper presents an optimal bidding strategy for a technical and commercial virtual power plant (VPP) in medium-term time horizon. A VPP includes various distributed energy resources (DERs) that can participate in the Pool and Futures markets. Although medium/long-term scheduling provides the opportunity to participate in the futures...journal article 2023
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Ferguson, Thomas (author), Storm, S.T.H. (author)This article critically evaluates debates over the causes of U.S. inflation. We first show that claims that the Biden stimulus was the major cause of inflation are mistaken: the key data series—stimulus spending and inflation—move dramatically out of phase. While the first ebbs quickly, the second persistently surges. We then look at alternative...journal article 2023
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Wang, N. (author), Verzijlbergh, R.A. (author), Heijnen, P.W. (author), Herder, P.M. (author)Energy system optimization models are widely used to aid long-term investment decision-making for energy systems. From a socio-technical system viewpoint, existing models focus on the cost modeling of the technical subsystem, while the indirect costs of the social subsystem are not often modeled. This paper incorporates indirect costs into such...journal article 2023
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Joukes, Mariah Kurtinaitis (author), Ortt, J.R. (author), de Bruijne, M.L.C. (author)This article analyses current developments in Autonomous Shipping (MASS) by adopting a socio-technical system perspective to explain why the technology is (still) only applied in small-scale niche applications and still not applied on a large scale. Using literature study and an exploratory research approach to obtain in-depth information...conference paper 2023
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Elabbas, Mohamed A.Eltahir (author), De Vries, Laurens (author), Correljé, A. (author)While the traditional perspective on regional power pools is that of regional electricity markets, regional power pools in Africa are development tools with unrepresentative and under-researched dynamics in their evolution and market design. Five African power pools are under development to bring the continent into a single electricity market....journal article 2023
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Servatius, Philipp (author), Loder, Allister (author), Provoost, J.C. (author), Balzer, Louis (author), Cats, O. (author), Leclercq, L. (author), Hoogendoorn, S.P. (author), Bogenberger, Klaus (author)The interest in tradable mobility credits (TMC) is growing steadily. Compared to existing instruments, its cap-and-trade design for the demand side ensures that a limited quantity, e.g., traffic and related emissions, can by design not be exceeded. However, most TMC schemes are market-based financial instruments that can only be successful,...journal article 2023
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Estanqueiro, Ana (author), Strbac, Goran (author), Chrysanthopoulos, Nikolaos (author), Santos, Gabriel (author), Johanndeiter, Silke (author), Algarvio, Hugo (author), Syse, Helleik (author), Sperber, Evelyn (author), Wang, Ni (author), Sanchez Jimenez, I.J. (author), Qiu, Dawei (author), Vale, Zita (author), Nienhaus, Kristina (author), Kochems, Johannes (author), Schimeczek, Christoph (author), Sijm, Jos (author), De Vries, Laurens (author), Lopes, Fernando (author), Couto, António (author)Developing innovative electricity market designs to facilitate a sustainable transition to (near) 100% renewable power systems while meeting societal needs is a crucial and actual topic of research. This article presents preliminary key findings from the H2020 European project TradeRES, addressing this critical topic. The project uses agent...journal article 2023
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Guerra, Omar J. (author), Almajed, Hussain M. (author), Smith, W.A. (author), Somoza Tornos, A. (author), Hodge, Bri Mathias S. (author)As energy systems across the globe transition toward net-zero emissions, the decarbonization of hard-to-decarbonize sectors, e.g., industry and transportation, is becoming more crucial. Renewable power-driven carbon dioxide (CO<sub>2</sub>) electrolysis has the potential to facilitate this transition by (1) substituting carbon-intensive...review 2023
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McMorland, J. (author), Collu, M. (author), McMillan, D. (author), Carroll, James (author), Coraddu, A. (author)As new offshore wind development sites move further from shore and existing sites enter their post-subsidy operating period, it is expected that operational expenditure (OpEx) will increase. In order to overcome these challenges, a more flexible and cost-effective maintenance solution is needed. One such solution is opportunistic maintenance ...review 2023
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Calzati, S. (author), van Loenen, B. (author)In various official documents, the European Union has declared its goal to pursue a citizen-centric governance of digital transformation. Through a critical review of several of these documents, here we show how “citizen-centric” is more a glamouring than a driving concept. De facto, the EU is enabling a federated data system that is...journal article 2023
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Gorrasi, Chiara (author), Koirala, Arpan (author), Bruninx, K. (author), Delarue, Erik (author), Van Hertem, Dirk (author)Assessing the capability of a distribution grid to accommodate new solar PV installations, namely its hosting capacity (HC), has been a prevalent research topic. Although providing a technical limit to how much additional solar PV can be integrated into a distribution grid without trespassing operational limits, commonly used HC analysis (HCA)...conference paper 2023
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Vatandoust, Behzad (author), Zad, Bashir Bakhshideh (author), Vallée, François (author), Toubeau, Jean François (author), Bruninx, K. (author)Demand Response (DR) programs offer flexibility that is considered to hold significant potential for enhancing power system reliability and promoting the integration of renewable energy sources. Nevertheless, the distributed nature of DR resources presents challenges in developing scalable optimization tools. This paper explores a novel data...conference paper 2023