3 papers
eess.SY2026
Dynamic Storage Operation Under Uncertainty and the Reliability Externality: Implications for Capacity Investments
Daniel Shen, Marija Ilic, John Parsons
Energy storage is increasingly relied upon to meet short-term demand uncertainties from renewable variability and electrification. Unlike conventional generators, storage's contrib…
eess.SY2026
Peak-Load Pricing and Investment Cost Recovery with Duration-Limited Storage
Daniel Shen, Marija Ilic, John Parsons
Energy storage shifts energy from off-peak periods to on-peak periods. Unlike conventional generation, storage is duration-limited: the stored energy capacity constrains the durati…
eess.SY2023
A Mixed Integer Quadratic Program for Valuing the Impact of Price and Forecast Uncertainty for Wind Generators
Daniel Shen, Marija Ilic
Owners of wind power plants are exposed to financial risk in wholesale electricity markets due to the uncertain nature of wind forecasts and price volatility. In the event of a win…