capacity expansion 1demand uncertainty 1energy storage 1markov decision process 1reliability externality 1
From the 1 of 2 linked papers with an AI index.
2 papers
eess.SY2026
Dynamic Storage Operation Under Uncertainty and the Reliability Externality: Implications for Capacity Investments
Daniel Shen, Marija Ilic, John Parsons
The paper models how demand uncertainty influences the operation of energy storage and how these operational choices affect long‑term capacity investment, using an average‑cost Mar…
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…