2 papers
math.OC2020
Designing Day-Ahead Multi-carrier Markets for Flexibility: Models and Clearing Algorithms
Shahab Shariat Torbaghan, Mehdi Madani, Peter Sels +4
There is an intrinsic value in higher integration of multi-carrier energy systems (especially gas and electricity), to increase operational flexibility in the electricity system an…
math.OC2018
Convex Hull, IP and European Electricity Pricing in a European Power Exchanges setting with efficient computation of Convex Hull Prices
Mehdi Madani, Carlos Ruiz, Sauleh Siddiqui +1
This paper introduces a computationally efficient comparative approach to classical pricing rules for day-ahead electricity markets, namely Convex Hull Pricing, IP Pricing and Euro…