5 papers
Shadow Pricing of Static Voltage Stability Services within Unit Commitment for Inverter-Dominated Power Systems
Peng Wang, Luis Badesa
Modern power systems are increasingly dominated by Inverter-Based Resources (IBR), most of which work in Grid-following (GFL) mode. This implies that they do not directly control t…
Imperfect Competition in Markets for Short-Circuit Current Services
Peng Wang, Luis Badesa
An important limitation of Inverter-Based Resources (IBR) is their reduced contribution to Short-Circuit Current (SCC), as compared to that of Synchronous Generators (SGs). With in…
Pricing Short-Circuit Current via a Primal-Dual Formulation for Preserving Integrality Constraints
Peng Wang, Luis Badesa
Synchronous Generators (SGs) currently provide important levels of Short-Circuit Current (SCC), a critical ancillary service that ensures line protections trip during short-circuit…
Analyzing the Impact of Demand Response on Short-Circuit Current via a Unit Commitment Model
Peng Wang, Zhengmao Li, Luis Badesa
In low-carbon grids, system flexibility can be enhanced through mechanisms such as Demand Response (DR), enabling the efficient utilization of renewable energy. However, as Synchro…
Analyzing the Role of the DSO in Electricity Trading of VPPs via a Stackelberg Game Model
Peng Wang, Xi Zhang, Luis Badesa
The increasing penetration of distributed energy resources has sparked interests in participating in power markets. Here, we consider two settings where Virtual Power Plants (VPPs)…