3 papers
math.OC2026
Stochastic Optimization for Resource Adequacy in Capacity Markets with Storage and Renewables
Baptiste Rabecq, Andy Sun, Feng Zhao +3
The integration of storage and renewable resources fundamentally alters resource-adequacy analysis. Because storage couples decisions across time, it invalidates the traditional re…
eess.SY2026
A Marginal Reliability Impact Based Accreditation Framework for Capacity Markets
Feng Zhao, Tongxin Zheng, Dane Schiro +1
This paper presents a Marginal Reliability Impact (MRI) based resource accreditation framework for capacity market design. Under this framework, a resource is accredited based on i…
eess.SY2023
Novel Quality Measure and Efficient Resolution of Convex Hull Pricing for Unit Commitment
Mikhail A. Bragin, Farhan Hyder, Bing Yan +5
Electricity prices determined by economic dispatch that do not consider fixed costs may lead to significant uplift payments. However, when fixed costs are included, prices become n…