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This paper presents a stochastic bi-level optimization model to determine the optimal dispatch of energy storage systems controlled directly by the distribution system operator (DSO) in order to achieve minimization of active power losses, taking into account the profit-driven participation of wind-power producers (WPPs) connected to the distribution system, in the day-ahead and imbalance markets...
In this paper, a novel real-time rolling horizon optimization framework for the optimal operation of a smart household is presented. A home energy management system (HEMS) model based on mixed-integer linear programming (MILP) is developed in order to minimize the energy procurement cost considering that the household is enrolled in a dynamic pricing tariff scheme. Several assets such as a photovoltaic...
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