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Engelhard, Vincent (author)This study addresses the revenue losses from network congestion of an Offshore Wind Farm (OWF) resulting from the implementation of an Offshore Bidding Zone (OBZ) and explores potential measures to mitigate these effects. The quantitative analysis involves a model that simulates a hypothetical OWF located in the North Sea between Norway and the...master thesis 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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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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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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van As, Vincent (author)The research conducts an analysis of the Dutch day-ahead electricity market prices spanning from 2015 to 2022, examining the relationship between increasing RE penetration and day-ahead electricity price fluctuations. The electricity price fluctuations over this time period are reviewed for patterns and recalculated for inflation corrections...master thesis 2023
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Whitman, Charles (author)This work seeks to resolve an outstanding problem in the use of reinforcement-learning methods for the simulation of economically-rational agents. We discuss the problem of non-stationarity, and how this subsequently limits market simulation capabilities. After explicating and isolating the source of the problem for a day-ahead electricity...master thesis 2023
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Bijl, Jorn (author)Green hydrogen plays an important role in the energy transition. It can function as a storage medium, as well as a replacement for fossil fuels in transport or high-temperature heat processes. However, the economic feasibility of electrolysers has proved to be a problem. Even though a lot of research has been done to the electrolysis technology,...master thesis 2023
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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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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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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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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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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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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