Prosumers are households that are both producers and consumers of electricity. A prosumer has a grid-connected decentralized production unit (DPU) and makes two types of exchanges with the grid: energy imports when the local production is insuffcient to match the local consumption and energy...

With a smart grid environment, flexible load devices and provided local price incentives a more efficient grid usage may be achieved in the future. Bidirectional communication, smart devices and shiftable loads as electric vehicles and heat pumps have the potential to be coordinated with local...

We propose two modifications to the method of endogenous grid points that greatly decreases the computational time for life cycle models with many exogenous state variables. First, we use simulated stochastic grids on the exogenous state variables. Second, when we interpolate to find the...

Mounting concerns over the security and reliability of the grid have prompted many to question the grid's state-centered regulatory framework. Today, the federal government regulates interstate transmission, while the states exercise exclusive authority over intrastate distribution, generation,...

Cyber insurance is a valuable approach to mitigate further the cyber risk and its loss in addition to the deployment of technological cyber defense solutions such as intrusion detection systems and firewalls. An effective cyber insurance policy can reduce the number of successful cyber attacks...

The future smart grid will make use of ICT to support the inclusion of new renewable energy sources and advanced energy services. In some cases, the Internet will be used as part of this critical infrastructure, e.g., to enable communication with end-user services. Consequently, developing...

The smart grid implies that a vast amount of information needs to be handled and requires an effective energy management. Assessing the new technological solutions that would best accommodate the needs of a smart grid is of vital importance. This report aims at collecting information about the...

The smart grid implies that a vast amount of information needs to be handled and requires an effective energy management. Assessing the new technological solutions that would best accommodate the needs of a smart grid is of vital importance. This report aims at collecting information about the...