177 citations · 344 across the 23 of their papers we have counts for
23 papers
Equitable Time-Varying Pricing Tariff Design: A Joint Learning and Optimization Approach
Liudong Chen, Bolun Xu
Time-varying pricing tariffs incentivize consumers to shift their electricity demand and reduce costs, but may increase the energy burden for consumers with limited response capabi…
Predicting Strategic Energy Storage Behaviors
Yuexin Bian, Ningkun Zheng, Yang Zheng +2
Energy storage are strategic participants in electricity markets to arbitrage price differences. Future power system operators must understand and predict strategic storage arbitra…
Vehicle-to-Grid Fleet Service Provision considering Nonlinear Battery Behaviors
Joshua Jaworski, Ningkun Zheng, Matthias Preindl +1
The surging adoption of electric vehicles (EV) calls for accurate and efficient approaches to coordinate with the power grid operation. By being responsive to distribution grid lim…
Transferable Energy Storage Bidder
Yousuf Baker, Ningkun Zheng, Bolun Xu
Energy storage resources must consider both price uncertainties and their physical operating characteristics when participating in wholesale electricity markets. This is a challeng…
Energy Storage Price Arbitrage via Opportunity Value Function Prediction
Ningkun Zheng, Xiaoxiang Liu, Bolun Xu +1
This paper proposes a novel energy storage price arbitrage algorithm combining supervised learning with dynamic programming. The proposed approach uses a neural network to directly…
Energy Storage State-of-Charge Market Model
Ningkun Zheng, Xin Qin, Di Wu +2
This paper introduces and rationalizes a new model for bidding and clearing energy storage resources in wholesale energy markets. Charge and discharge bids in this model depend on…
Impact of Bidding and Dispatch Models over Energy Storage Utilization in Bulk Power Systems
Ningkun Zheng, Bolun Xu
Energy storage is a key enabler towards a low-emission electricity system, but requires appropriate dispatch models to be economically coordinated with other generation resources i…
End-to-End Demand Response Model Identification and Baseline Estimation with Deep Learning
Yuanyuan Shi, Bolun Xu
This paper proposes a novel end-to-end deep learning framework that simultaneously identifies demand baselines and the incentive-based agent demand response model, from the net dem…
Arbitraging Variable Efficiency Energy Storage using Analytical Stochastic Dynamic Programming
Ningkun Zheng, Joshua Jaworski, Bolun Xu
This paper presents a computation-efficient stochastic dynamic programming algorithm for solving energy storage price arbitrage considering variable charge and discharge efficienci…
A Data-driven Nonlinear Recharge Controller for Energy Storage in Frequency Regulation
Wenting Ma, Bolun Xu
Battery energy storage boosts up the response speed of power system frequency regulation, but must be recharged carefully to minimize the distortion to the frequency regulation res…
Dynamic Valuation of Battery Lifetime
Bolun Xu
This paper proposes a dynamic valuation framework to determine the opportunity value of battery capacity degradation in grid applications based on the internal degradation mechanis…
Techno-economic model of a second-life energy storage system for utility-scale solar power considering li-ion calendar and cycle aging
Ian Mathews, Bolun Xu, Wei He +3
While the use of energy storage combined with grid-scale photovoltaic power plants continues to grow, given current lithium-ion battery prices, there remains uncertainty about the…
Optimal Battery Participation in Frequency Regulation Markets
Bolun Xu, Yuanyuan Shi, Daniel S. Kirschen +1
Battery participants in performance-based frequency regulation markets must consider the cost of battery aging in their operating strategies to maximize market profits. In this pap…
Optimal Battery Control Under Cycle Aging Mechanisms in Pay for Performance Settings
Yuanyuan Shi, Bolun Xu, Yushi Tan +2
We study the optimal control of battery energy storage under a general "pay-for-performance" setup such as providing frequency regulation and renewable integration. In these settin…
Factoring the Cycle Aging Cost of Batteries Participating in Electricity Markets
Bolun Xu, Jinye Zhao, Tongxin Zheng +2
When participating in electricity markets, owners of battery energy storage systems must bid in such a way that their revenues will at least cover their true cost of operation. Sin…
A Convex Cycle-based Degradation Model for Battery Energy Storage Planning and Operation
Yuanyuan Shi, Bolun Xu, Yushi Tan +1
A vital aspect in energy storage planning and operation is to accurately model its operational cost, which mainly comes from the battery cell degradation. Battery degradation can b…
Optimal Regulation Response of Batteries Under Cycle Aging Mechanisms
Bolun Xu, Yuanyuan Shi, Daniel S. Kirschen +1
When providing frequency regulation in a pay-for-performance market, batteries need to carefully balance the trade-off between following regulation signals and their degradation co…
Impact of Local Transmission Congestion on Energy Storage Arbitrage Opportunities
Yishen Wang, Yury Dvorkin, Ricardo Fernández-Blanco +2
Reduced installation and operating costs give energy storage systems an opportunity to participate actively and profitably in electricity markets. In addition to providing ancillar…
Using Battery Storage for Peak Shaving and Frequency Regulation: Joint Optimization for Superlinear Gains
Yuanyuan Shi, Bolun Xu, Di Wang +1
We consider using a battery storage system simultaneously for peak shaving and frequency regulation through a joint optimization framework which captures battery degradation, opera…
Impact of Dynamic Line Rating on Dispatch Decisions and Integration of Variable RES Energy
Bolun Xu, Andreas Ulbig, Goran Andersson
Dynamic line rating (DLR) models the transmission capacity of overhead lines as a function of ambient conditions. It takes advantage of the physical thermal property of overhead li…
Scalable Planning for Energy Storage in Energy and Reserve Markets
Bolun Xu, Yishen Wang, Yury Dvorkin +4
Energy storage can facilitate the integration of renewable energy resources by providing arbitrage and ancillary services. Jointly optimizing energy and ancillary services in a cen…
Leveraging energy storage to optimize data center electricity cost in emerging power markets
Yuanyuan Shi, Bolun Xu, Baosen Zhang +1
Energy storage in data centers has mainly been used as devices to backup generators during power outages. Recently, there has been a growing interest in using energy storage device…
A Comparison of Policies on the Participation of Storage in U.S. Frequency Regulation Markets
Bolun Xu, Yury Dvorkin, Daniel S. Kirschen +2
Because energy storage systems have better ramping characteristics than traditional generators, their participation in frequency regulation should facilitate the balancing of load…