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eess.SY2019
A Data-driven Storage Control Framework for Dynamic Pricing
Jiaman Wu, Zhiqi Wang, Chenye Wu +2
Dynamic pricing is both an opportunity and a challenge to the demand side. It is an opportunity as it better reflects the real time market conditions and hence enables an active de…
eess.SY2019★ 1 cited
Optimal Storage Control for Dynamic Pricing
Jiaman Wu, Zhiqi Wang, Yang Yu +1
Renewable energy brings huge uncertainties to the power system, which challenges the traditional power system operation with limited flexible resources. One promising solution is t…
eess.SY2019
An Algorithmic View on Optimal Storage Sizing
Zhiqi Wang, Kui Wang, Yang Yu +1
Users can arbitrage against Time-of-Use (ToU) pricing with storage by charging in off-peak period and discharge in peak periods. In this paper we design the optimal control policy…