8 citations · 12 across the 5 of their papers we have counts for
6 papers · 1 filter
Models and Algorithms for Reserve Deliverability in Cross-Zonal Balancing Capacity Markets
Mehdi Madani, Zejun Ruan, Anthony Papavasiliou
In power markets where the physics of the transmission grid is closely represented in market clearing models, certain cross-zonal power exchanges can take place only if other excha…
Dual first-order methods for efficient computation of convex hull prices
Sofiane Tanji, Yassine Kamri, François Glineur +1
Convex Hull (CH) pricing, used in US electricity markets and raising interest in Europe, is a pricing rule designed to handle markets with non-convexities such as startup costs and…
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…
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…
Revisiting minimum profit conditions in uniform price day-ahead electricity auctions
Mehdi Madani, Mathieu Van Vyve
We examine the problem of clearing day-ahead electricity market auctions where each bidder, whether a producer or consumer, can specify a minimum profit or maximum payment conditio…
A MIP framework for non-convex uniform price day-ahead electricity auctions
Mehdi Madani, Mathieu Van Vyve
It is well-known that a market equilibrium with uniform prices often does not exist in non-convex day-ahead electricity auctions. We consider the case of the non-convex, uniform-pr…