19 papers
When and How Should a Power Trader Engage in Arbitrage? Predict, then Contextually Optimize
Yannick Heiser, Jalal Kazempour, Farzaneh Pourahmadi
Electricity markets increasingly expose stochastic energy generators to arbitrage opportunities between the day-ahead and balancing markets, driven by widening price spreads. Howev…
Refinement of Reliability Grid Codes in the Provision of Ancillary Services
Torine R. Herstad, Jalal Kazempour, Lesia Mitridati +1
Stochastic resources such as wind farms, electric vehicle aggregators, and demand-side assets are increasingly participating as reserve providers in ancillary service markets. To m…
Towards European Hydrogen Market Design: Perspectives from Transmission System Operators
Marco Saretta, Enrica Raheli, Jalal Kazempour
Despite hydrogen being central to Europe's decarbonisation strategy, only a small share of renewable hydrogen projects reached final investment decision. A key barrier is uncertain…
Hedging Hydrogen: Planning and Contracting Under Uncertainty for a Green Hydrogen Producer
Owen Palmer, Hugo Radet, Simon Camal +2
Green hydrogen production by water electrolysis using renewable electricity is considered essential for decarbonisation of certain sectors of the global economy, however developmen…
Bidding in Ancillary Service Markets: An Analytical Approach Using Extreme Value Theory
Torine Reed Herstad, Jalal Kazempour, Lesia Mitridati +1
To enable the participation of stochastic distributed energy resources in ancillary service markets, the Danish transmission system operator, Energinet, mandates that flexibility p…
A Scenario-Spatial Decomposition Approach With a Performance Guarantee for the Combined Bidding of Cascaded Hydropower and Renewables
Luca Santosuosso, Simon Camal, Arthur Lett +3
This study develops a scalable co-optimization strategy for the joint bidding of cascaded hydropower, wind, and solar energy units, treated as a unified entity in the day-ahead mar…