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This paper introduces a decentralized implicit interaction framework for trading flexibility available from proactive end users (prosumers) in an economically-efficient way. The proposed framework consists of two mechanisms: ahead planning via markets and real-time dispatching. The ahead, market-based planning includes two mechanisms, day-ahead and intra-day, which are operated by a local flexibility...
In the power system of the future, reliability will play an important role. This reliability is influenced by different developments like the increase in electricity consumption and the use of renewable and distributed generation. It is important to have a good insight into the reliability performance of the system. With probabilistic methods, the reliability of the power system can be analyzed and...
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