130 citations · 247 across the 11 of their papers we have counts for
12 papers
Lifetime Profit-Maximising Co-optimisation of Multi-Service Stacking for Battery Storage
Yuxin Xia, Frederik Schiele, Yihong Zhou +4
Grid-scale battery energy storage can generate revenue by stacking services across electricity and frequency response markets, yet identifying the lifetime profit-maximising stacki…
Assessing Long-Term Electricity Market Design for Ambitious Decarbonization Targets using Multi-Agent Reinforcement Learning
Javier Gonzalez-Ruiz, Carlos Rodriguez-Pardo, Iacopo Savelli +2
Electricity systems are key to transforming today's society into a carbon-free economy. Long-term electricity market mechanisms, including auctions, support schemes, and other poli…
Bilevel Transmission Expansion Planning with Joint Chance-Constrained Dispatch
Yuxin Xia, Yihong Zhou, Iacopo Savelli +1
In transmission expansion planning (TEP), network planners make long-term investment decisions while anticipating market clearing outcomes that are increasingly affected by renewab…
Scalable Multi-Level Optimization for Sequentially Cleared Energy Markets with a Case Study on Gas and Carbon Aware Unit Commitment
Yuxin Xia, Iacopo Savelli, Thomas Morstyn
This paper examines Mixed-Integer Multi-Level problems with Sequential Followers (MIMLSF), a specialized optimization model aimed at enhancing upper-level decision-making by incorp…
The Impact of Grid Storage on Balancing Costs and Carbon Emissions in Great Britain
Seyyed Mostafa Nosratabadi, Iacopo Savelli, Volkan Kumtepeli +4
Grid energy storage can help to balance supply and demand, but its financial viability and operational carbon emissions impact is poorly understood because of the complexity of gri…
An Incentive Regulation Approach for Balancing Stakeholder Interests in Transmission Investment
Yuxin Xia, Iacopo Savelli, Thomas Morstyn
The merchant-regulatory mechanism represents a promising tool that combines the benefits of merchant investment and regulated investment, thereby providing efficient incentives for…
An Insurance Paradigm for Improving Power System Resilience via Distributed Investment
Farhad Billimoria, Filiberto Fele, Iacopo Savelli +2
Extreme events, exacerbated by climate change, pose significant risks to the energy system and its consumers. However there are natural limits to the degree of protection that can…
On the Design of an Insurance Mechanism for Reliability Differentiation in Electricity Markets
Farhad Billimoria, Filiberto Fele, Iacopo Savelli +2
Securing an adequate supply of dispatchable resources is critical for keeping a power system reliable under high penetrations of variable generation. Traditional resource adequacy…
Electricity prices and tariffs to keep everyone happy: a framework for fixed and nodal prices coexistence in distribution grids with optimal tariffs for investment cost recovery
Iacopo Savelli, Thomas Morstyn
Some consumers, particularly households, are unwilling to face volatile electricity prices, and they can perceive as unfair price differentiation in the same local area. For these…
Ex-ante dynamic network tariffs for transmission cost recovery
Iacopo Savelli, Antonio De Paola, Furong Li
This paper proposes a novel tariff scheme and a new optimization framework in order to address the recovery of fixed investment costs in transmission network planning, particularly…
A Community Microgrid Architecture with an Internal Local Market
Bertrand Cornélusse, Iacopo Savelli, Simone Paoletti +2
This work fits in the context of community microgrids, where members of a community can exchange energy and services among themselves, without going through the usual channels of t…
A New Approach to Electricity Market Clearing With Uniform Purchase Price and Curtailable Block Orders
Iacopo Savelli, Bertrand Cornélusse, Antonio Giannitrapani +2
The European market clearing problem is characterized by a set of heterogeneous orders and rules that force the implementation of heuristic and iterative solving methods. In partic…