125 citations · 250 across the 32 of their papers we have counts for
4 papers · 1 filter
Market Mechanisms for Low-Carbon Electricity Investments: A Game-Theoretical Analysis
Dongwei Zhao, Sarah Coyle, Apurba Sakti +1
Electricity markets are transforming from the dominance of conventional energy resources (CERs), e.g., fossil fuels, to low-carbon energy resources (LERs), e.g., renewables and ene…
A Scalable Bilevel Framework for Renewable Energy Scheduling
Dongwei Zhao, Vladimir Dvorkin, Stefanos Delikaraoglou +2
Accommodating the uncertain and variable renewable energy sources (VRES) in electricity markets requires sophisticated and scalable tools to achieve market efficiency. To account f…
Multi-Stage Decision Rules for Power Generation & Storage Investments with Performance Guarantees
Vladimir Dvorkin, Dharik Mallapragada, Audun Botterud
We develop multi-stage linear decision rules (LDRs) for dynamic power system generation and energy storage investment planning under uncertainty and propose their chance-constraine…
Strategic Storage Investment in Electricity Markets
Dongwei Zhao, Mehdi Jafari, Audun Botterud +1
Arbitrage is one important revenue source for energy storage in electricity markets. However, a large amount of storage in the market will impact the energy price and reduce potent…