The work presented in this paper deals with a project aiming to increase the value of photovoltaic (PV) solar production for residential application. To contribute to the development of the new functionalities for such system and the efficient control system to optimize its operation, this paper...

The article examines the investment research - a service introduced by MIFID - in order to describe the major application problems. In particular, the paper will an- alyse similarities and differences between investment research and investment advice, highlighting the potential problems in...

Real-time balancing of mismatches between consumption and production is one of the key elements for the secure operation of power systems. This takes place within the framework of ancillary services managed by respective national transmission system operating companies. The objective of this...

Renewable energy generation is expected to continue to increase globally due to renewable energy targets and obligations to reduce greenhouse gas emissions. Some renewable energy sources are variable power sources, for example wind, wave and solar. Energy storage technologies can manage the...

A transition from an oil and coal based energy system to a systems based on renewable and sustainable energy sources has begun in many countries throughout the developed world. As a pioneer, Denmark currently has a wind energy penetration of 30% in the electricity sector and an end goal of 100%...

Germany's nuclear phase-out and the strong increase of fluctuating generation from renewable sources put its power system reliability under stress. Besides grid expansion and additional generation capacities load management seems to be an appropriate measure for reducing the risk of power...

This paper analyzes a price-taker hydro generating company which participates simultaneously in day-ahead energy and ancillary services markets. An approach for deriving marginal cost curves for energy and ancillary services is proposed, taking into consideration price uncertainty and...

The growing share of electricity generation from renewable energy creates difficulties in maintaining the balance of generation and demand. This is mainly due to uncertainties caused by prediction errors in renewable generation. In order to maintain power system security, the participation of...

This paper presents a generic bulk energy storage dispatch model for production costing simulation, and assesses the performance and economics of storage under various system scenarios. The storage model presented captures the dynamic relationship between the reservoir energy status and the...

The airline industry is the central part of the commercial aviation value and supply chain. Nevertheless, it has the lowest profit margin and return on investment compared to other sectors in the chain. This leads to the question whether the airline industry is sustainable in the long run, the...