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Artículos en revistas In this paper we apply stochastic dual dynamic programming decomposition to a nonconvex multistage stochastic hydrothermal model where the nonlinear water head effects on production and the nonlinear dependence between the reservoir head and the reservoir volume are modeled. The nonconvex constraints that represent the production function of a hydro plant are approximated by McCormick envelopes. These constraints are split into smaller regions and the McCormick envelopes are used for each region. We use binary variables for this disjunctive programming approach and solve the problem with a decomposition method. We resort to a variant of the L-shaped method for solving the MIP subproblem with binary variables at any stage inside the stochastic dual dynamic programming algorithm. A realistic large-scale case study is presented. info:eu-repo/semantics/publishedVersion

Artículos en revistas In this paper we apply stochastic dual dynamic programming decomposition to a nonconvex multistage stochastic hydrothermal model where the nonlinear water head effects on production and the nonlinear dependence between the reservoir head and the reservoir volume are modeled. The nonconvex constraints that represent the production function of a hydro plant are approximated by McCormick envelopes. These constraints are split into smaller regions and the McCormick envelopes are used for each region. We use binary variables for this disjunctive programming approach and solve the problem with a decomposition method. We resort to a variant of the L-shaped method for solving the MIP subproblem with binary variables at any stage inside the stochastic dual dynamic programming algorithm. A realistic large-scale case study is presented. info:eu-repo/semantics/publishedVersion

Artículos en revistas Liberalization policies, the challenges of integrating distributed generation resources, and the recent flattening of electricity demand due to the economic crisis and technological change have led to lower returns for European electricity suppliers. Innovative and sustainable business models are needed to serve electricity customers while reflecting the operational needs of the system and maintaining supplier financial viability. This paper describes a novel model of Integrated Energy Services that encompasses distributed generation (DG) and demand response (DR) resources for industrial customers. We further reflect on some of the market opportunities and regulatory drivers for the development of similar schemes across Europe. info:eu-repo/semantics/publishedVersion

Artículos en revistas Liberalization policies, the challenges of integrating distributed generation resources, and the recent flattening of electricity demand due to the economic crisis and technological change have led to lower returns for European electricity suppliers. Innovative and sustainable business models are needed to serve electricity customers while reflecting the operational needs of the system and maintaining supplier financial viability. This paper describes a novel model of Integrated Energy Services that encompasses distributed generation (DG) and demand response (DR) resources for industrial customers. We further reflect on some of the market opportunities and regulatory drivers for the development of similar schemes across Europe. info:eu-repo/semantics/publishedVersion

Artículos en revistas Numerical models of transmission-constrained electricity markets are used to inform regulatory decisions. How robust are their results? Three research groups used the same data set for the northwest Europe power market as input for their models. Under competitive conditions, the results coincide, but in the Cournot case, the predicted prices differed significantly. The Cournot equilibria are highly sensitive to assumptions about market design (whether timing of generation and transmission decisions is sequential or integrated) and expectations of generators regarding how their decisions affect transmission prices and fringe generation. These sensitivities are qualitatively similar to those predicted by a simple two-node model. info:eu-repo/semantics/publishedVersion

Artículos en revistas Numerical models of transmission-constrained electricity markets are used to inform regulatory decisions. How robust are their results? Three research groups used the same data set for the northwest Europe power market as input for their models. Under competitive conditions, the results coincide, but in the Cournot case, the predicted prices differed significantly. The Cournot equilibria are highly sensitive to assumptions about market design (whether timing of generation and transmission decisions is sequential or integrated) and expectations of generators regarding how their decisions affect transmission prices and fringe generation. These sensitivities are qualitatively similar to those predicted by a simple two-node model. info:eu-repo/semantics/publishedVersion

Capítulos en libros This paper assesses the scalability and replicability of smart grid projects, by means of the identification of limitations and barriers faced by these projects. Factors have been identified that impact a project s scalability and replicability by means of a review of demonstration projects. The factors are of technical, economic, regulatory and social acceptance nature, and they describe requirements for scalability and replicability. Data was collected from ongoing European smart grid demonstration projects through the use of an elaborated questionnaire on the identified factors. Which allowed to quantify the status quo to what extent projects have taken these factors into account. Dew to their nature the derived factors can be categorized in technical, economic and regulatory & stakeholder related factor areas The obtained results allowed the identification of barriers, i.e. limitations regarding the scalability and replicability of smart grid projects. In particular projects face barriers regarding the absence of standards, the physical limits of the existing infrastructure, the absence of cost-benefit analyses, the neglect of varying macro-economic factors, stakeholder involvement and from the dependency of projects on regional or national regulatory frameworks and market designs. info:eu-repo/semantics/publishedVersion

Capítulos en libros This paper assesses the scalability and replicability of smart grid projects, by means of the identification of limitations and barriers faced by these projects. Factors have been identified that impact a project s scalability and replicability by means of a review of demonstration projects. The factors are of technical, economic, regulatory and social acceptance nature, and they describe requirements for scalability and replicability. Data was collected from ongoing European smart grid demonstration projects through the use of an elaborated questionnaire on the identified factors. Which allowed to quantify the status quo to what extent projects have taken these factors into account. Dew to their nature the derived factors can be categorized in technical, economic and regulatory & stakeholder related factor areas The obtained results allowed the identification of barriers, i.e. limitations regarding the scalability and replicability of smart grid projects. In particular projects face barriers regarding the absence of standards, the physical limits of the existing infrastructure, the absence of cost-benefit analyses, the neglect of varying macro-economic factors, stakeholder involvement and from the dependency of projects on regional or national regulatory frameworks and market designs. info:eu-repo/semantics/publishedVersion