The optimization of decentralized energy systems is an important practical problem that can be modeled using stochastic programs and solved via their large-scale, deterministic equivalent formulations. Unfortunately, using this approach, even when leveraging a high degree of parallelism on large...

Energy systems based on renewable energy sources require increasing demand side flexibility. Also, changes in the underlying cost structure, i. e., decreasing variable costs and increasing infrastructure investments, and varying customer needs should be reflected in the setup of future markets,...

As a result of government policies increasing the amount of electricity generated from fluctuating renewable sources in many countries, the requirement for flexibility in the corresponding electricity systems increases. On the demand side, load shedding is one demand response mechanism...

Across the EU, significant infrastructure investment is needed in both generation from renewable energy sources (RES) and the electricity transmission system to meet the European targets on emission reduction and RES expansion. Experiences show, however, that citizens may object to new energy...

Across the EU, significant investments are being made in renewable generation and grid technologies, however, policy makers and planners are frequently met with resistance from local communities to proposed infrastructure development. Offering some form of compensation to the affected...

The growth in variable renewable energy (vRES) and the need for flexibility in power systems go hand in hand. We study how vRES and other factors, namely the price of substitute fuels, power price volatility, structural breaks, and seasonality impact the hedgeable power spreads (profit margins)...

Growth in energy demand together with the expansion of variable renewables has significant implications for the future electricity system. The increased volatility from growing intermittent production requires new sources of flexibility at a much greater scale to help maintain system balance. In...

Market power is a dominant feature of many modern electricity markets with an oligopolistic structure, resulting in increased consumer cost. This work investigates how consumers, through demand response (DR), can mitigate against market power. Within DR, our analysis particularly focusses on the...

A promising tool to achieve more flexibility within power systems is demand re-sponse (DR). End-users in many strands of industry have been subject to research up to now regarding the opportunities for implementing DR programmes. One sector that has received little attention from the literature...

The development of sustainable energy sources and their enabling infrastructures are often met by public opposition, resulting in lengthy planning processes. One proposed means of reducing public opposition is constraining the capacity of renewable energy projects onshore, leading to more...