7 papers
Learning-Augmented Primal-Dual Control Design for Secondary Frequency Regulation
Yixuan Yu, Rajni K. Bansal, Yan Jiang +1
Frequency stability is fundamental to the secure operation of power systems. With growing uncertainty and volatility introduced by renewable generation, secondary frequency regulat…
Bundling and Price-Matching in Competitive Complementary Goods Markets
Esmat Sangari, Rajni Kant Bansal
We study mixed bundling and competitive price-matching guarantees (PMGs) in a duopoly selling complementary products to heterogeneous customers. One retailer offers mixed bundling…
A Market Mechanism for a Two-stage Settlement Electricity Market with Energy Storage
Rajni Kant Bansal, Enrique Mallada, Patricia Hidalgo-Gonzalez
Electricity markets typically clear in two stages: a day-ahead market and a real-time market. In this paper, we propose market mechanisms for a two-stage multi-interval electricity…
Intercept Function and Quantity Bidding in Two-stage Electricity Market with Market Power Mitigation
Rajni Kant Bansal, Yue Chen, Pengcheng You +1
Electricity markets typically operate in two stages, day-ahead and real-time. Despite best efforts striving efficiency, evidence of price manipulation has called for system-level m…
Market Power Mitigation in Two-stage Electricity Market with Supply Function and Quantity Bidding
Rajni Kant Bansal, Yue Chen, Pengcheng You +1
The main goal of a sequential two-stage electricity market -- e.g., day-ahead and real-time markets -- is to operate efficiently. However, the price difference across stages due to…
A Market Mechanism for Truthful Bidding with Energy Storage
Rajni Kant Bansal, Pengcheng You, Dennice F. Gayme +1
This paper proposes a market mechanism for multi-interval electricity markets with generator and storage participants. Drawing ideas from supply function bidding, we introduce a no…
Storage Degradation Aware Economic Dispatch
R. K. Bansal, P. You, D. F. Gayme +1
In this paper, we formulate a cycling cost aware economic dispatch problem that co-optimizes generation and storage dispatch while taking into account cycle based storage degradati…