4 citations · 5 across the 10 of their papers we have counts for
11 papers · 1 filter
Optimizing Bidding Curves for Renewable Energy in Two-Settlement Electricity Markets
Dongwei Zhao, Stefanos Delikaraogloub, Vladimir Dvorkin Alberto J. Lamadrid L. +1
Coordination of day-ahead and real-time electricity markets is imperative for cost-effective electricity supply and also to provide efficient incentives for the energy transition.…
Uncertainty-Informed Renewable Energy Scheduling: A Scalable Bilevel Framework
Dongwei Zhao, Vladimir Dvorkin, Stefanos Delikaraoglou +2
This work proposes an uncertainty-informed bid adjustment framework for integrating variable renewable energy sources (VRES) into electricity markets. This framework adopts a bilev…
Uniform Pricing vs Pay as Bid in 100%-Renewables Electricity Markets: A Game-theoretical Analysis
Dongwei Zhao, Audun Botterud, Marija Ilic
This paper evaluates market equilibrium under different pricing mechanisms in a two-settlement 100%-renewables electricity market. Given general probability distributions of renewa…
Dynamic Reserves for Managing Wind Power
Marija Ilic, Dongwei Zhao
In this paper, we suggest that reserves must be computed dynamically to account for wind power volatility. We formalize the notion of dynamic reserves in support of sequential Day-…
Market Mechanisms for Low-Carbon Electricity Investments: A Game-Theoretical Analysis
Dongwei Zhao, Sarah Coyle, Apurba Sakti +1
Electricity markets are transforming from the dominance of conventional energy resources (CERs), e.g., fossil fuels, to low-carbon energy resources (LERs), e.g., renewables and ene…
A Scalable Bilevel Framework for Renewable Energy Scheduling
Dongwei Zhao, Vladimir Dvorkin, Stefanos Delikaraoglou +2
Accommodating the uncertain and variable renewable energy sources (VRES) in electricity markets requires sophisticated and scalable tools to achieve market efficiency. To account f…