News in 2021
December 15, 2021: HOMEY project has been granted funding by EDUP (total budget: 8.7 million DKK). We will develop a range of H2-driven portfolio management and business models for hybrid power plants (electrolyzers+wind+PV+battery) under uncertainty, and demonstrate our solutions in a real pilot of Siemens Gamesa in Denmark.
December 1, 2021: Bennevis Crowley joined the ELMA group as a PhD student, funded by the FLEX-CEC project (EUDP) and DTU Elektro. He will be primarily working on "privacy-based market deisgn for energy communities".
November 18, 2021: Our project entitled "Sustainable P2X Business Model" has been granted funding by Energy Cluster Denmark and Ørsted (total budget: 800,000 DKK).
November 8-12, 2021: Invited to give a 4-hour tutorial at TACEMM 2021, Aalto Univeristy, Finland, on "Flexibility and coordination in energy systems," organized by Trans-Atlantic Cooperation on Energy Market Models (TACEMM) [link].
October 29, 2021: Liyang Han presented our recent work "A data market under a lasso regression framework" at MIT webinar [Video | Paper1 | Paper2].
October 14, 2021: Invited to give an online lecture on "The role of aggregators and demand flexibility in electricity markets" at UIMP, Sevilla, Spain. Thanks Prof. Antonio Gomez Exposito for the invitation. [slides]
September 10, 2021: Served as an examination committee member for the PhD thesis of Kai Zhang at TU Munich with title "Spot pricing principles in distribution grids: From local market organization to multi-regional coordination". Congrats Kai!
September 1, 2021: Aitazaz Ali Raja (TU Delft) and Miguel Angel Muñoz (University of Malaga) joined the ELMA group as guest PhD students. They will be with the ELMA group for 6 and 3 months, respectively.
August 17, 2021: Accepted! Our paper V. Dvorkin, A. Ratha, P. Pinson, and J. Kazempour, "Stochastic control and pricing for natural gas networks," has been accepted for publication in the IEEE Transactions on Control of Network Systems. The paper is available [here].
August 11, 2021: Accepted! Our paper A. Hermann, T. V. Jensen, J. Østergaard, and J. Kazempour, "A complementarity model for electric power transmission-distribution coordination under uncertainty," has been accepted for publication in European Journal of Operational research. The paper is available [here].
June 21, 2021: Flex-CEC project has been granted funding by EDUP (total budget: 9.6 million DKK). We will design a parivay-aware market for energy communities and demostrate it in several pilots in Denmark.
June 1, 2021: Peter Gade joined the ELMA group as an Industrial PhD student with IBM. He will work on "Investment model for power flexibility services".
May 7, 2021: Appointed as the new leader of the research group "Energy Analytics and Markets" (ELMA) at DTU Electrical Engineering Department.
May 6, 2021: Accepted! Our paper A. Schwele, C. Ordoudis, P. Pinson, and J. Kazempour, "Coordination of power and natural gas markets via financial instruments," has been accepted for publication in Computational Management Science. The paper is available [here].
Apr. 22, 2021: Accepted! Our paper C. Heinrich, C. Ziras, T. V. Jensen, H. W. Bindner, and J. Kazempour, "A local flexibility market mechanism with capacity limitation services," has been accepted for publication in Energy Policy. The paper is available [here].
Apr. 8, 2021: Accepted! Our paper A. Arrigo, C. Ordoudis, J. Kazempour, Z. De Greve, J.-F. Toubeau, and F. Vallee, "Wasserstein distributionally robust chance-constrained optimization for energy and reserve dispatch: An exact and physically-bounded formulation," has been accepted for publication in European Journal of Operational research. The paper is available [here].
Mar. 25, 2021: Served as an examination committee member for the PhD thesis of Xuejiao Han at ETH Zurich with title "Stochastic investment and dispatch optimization of distributed energy resources in a market environment". Congrats Jo!
Mar. 12, 2021: Accepted! Our paper L. Bobo, L. Mitridati, J. A. Taylor, P. Pinson, and J. Kazempour, "Price-region bids in electricity markets," has been accepted for publication in European Journal of Operational research. The paper is available [here].
Mar. 8, 2021: Congratulations to Vladimir Dvorkin on defending his PhD thesis with title "Stochastic and Private Energy System Optimization" [ video | thesis | slides ]. Special thanks to Prof. Alexander Shapiro (GeogiaTech), Prof. Adam Wierman (Caltech) and Prof. Spyros Chatzivasileiadis (DTU) for examining his thesis. Vladimir stayed with us at the ELMA group for the last four years, and completed his MSc and PhD theses with Prof. Pierre Pinson and myself. Big thanks to Prof. Pascal Van Hentenryck and Prof. Ferdinando Fioretto for hosting Vladimir for six months at GeorgiaTech during his PhD, where he learned a lot about differential privacy. Good luck Vladimir with your next career as a Postdoctoral Fellow at MIT.
Mar. 2, 2021: Invited to speak at the online seminar series of Rutgers Industrial and Systems Engineering. Thanks Prof. Aziz Ezzat for his invitation. I talked about "Risk trading in energy communities". [slides]
Feb. 25, 2021: Three conference papers have been accepted for presentation in the IEEE PowerTech 2021 Conference in Madrid, June 2021. [ paper1 | paper 2 | paper 3 ]
Feb. 23, 2021: Published! Our paper J. Østergaard, C. Ziras, H. W. Bindner, J. Kazempour, M. Marinelli, P. Markussen, S. H. Rosted, and J. S. Christensen, "Energy security through demand side flexibility: The case of Denmark,'' has been published in the IEEE Power and Energy Magazine, vol. 19, no. 2, pp. 46-55, March-April 2021 [link].
Feb. 12, 2021: Served as an examination committee member for the PhD thesis of Mana Farrokhseresht at TU Eindhoven (TU/e) with title "The coupled Market: Unlocking the potential of distributed energy resources in the electricty market". Congrats Mana!
Feb. 10, 2021: Invited to continue serving as the chair of Energy-II cluster for INFORMS. This cluster organized 46 sessions at the INFORMS Annual Meeting 2020.
Jan. 30, 2021: Accepted! Our paper F. Pourahmadi and J. Kazempour, "Distributionally robust generation expansion planning with unimodality and risk constraints," has been accepted for publication in the IEEE Transactions on Power Systems. The paper is available [here].
Jan. 25, 2021: Joined the Technical Program Committee of Power Systems Computation Conference (PSCC 2022).
Jan. 22, 2021: Video lectures of PhD-level course "Advanced Optimization and Game Theory for Energy Systems" are now publicly available [here].