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Keywords = intraday scheduling

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24 pages, 3395 KB  
Article
Bi-Objective Intraday Coordinated Optimization of a VPP’s Reliability and Cost Based on a Dual-Swarm Particle Swarm Algorithm
by Jun Zhan, Xiaojia Sun, Yang Li, Wenjing Sun, Jiamei Jiang and Yang Gao
Energies 2026, 19(2), 473; https://doi.org/10.3390/en19020473 (registering DOI) - 17 Jan 2026
Abstract
With the increasing penetration of renewable energy, power systems are facing greater uncertainty and volatility, which poses significant challenges for Virtual Power Plant scheduling. Existing research mainly focuses on optimizing economic efficiency but often overlooks system reliability and the impact of forecasting deviations [...] Read more.
With the increasing penetration of renewable energy, power systems are facing greater uncertainty and volatility, which poses significant challenges for Virtual Power Plant scheduling. Existing research mainly focuses on optimizing economic efficiency but often overlooks system reliability and the impact of forecasting deviations on scheduling, leading to suboptimal performance. Thus, this paper presents a reliability-cost bi-objective cooperative optimization model based on a dual-swarm particle swarm algorithm: it introduces positive and negative imbalance price penalty factors to explicitly describe the economic costs of forecast deviations, constructs a reliability evaluation system covering PV, EVs, air-conditioning loads, electrolytic aluminum loads, and energy storage, and solves the multi-objective model via algorithm design of “sub-swarms specializing in single objectives + periodic information exchange”. Simulation results show that the method ensures stable intraday operation of VPPs, achieving 6.8% total cost reduction, 12.5% system reliability improvement, and 14.8% power deviation reduction, verifying its practical value and application prospects. Full article
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22 pages, 3247 KB  
Article
Capacity Optimization and Rolling Scheduling of Offshore Multi-Energy Coupling Systems
by Honggang Fan, Yan Liu, Cui Wang and Wankun Wang
Energies 2026, 19(2), 447; https://doi.org/10.3390/en19020447 - 16 Jan 2026
Abstract
Increasing penetration of offshore renewable energy has highlighted the challenges posed by strong intermittency, output uncertainty, and insufficient utilization of marine energy resources. To address these issues, this study investigates an offshore multi-energy coupling system integrating wind, photovoltaic, tidal, and wave energy with [...] Read more.
Increasing penetration of offshore renewable energy has highlighted the challenges posed by strong intermittency, output uncertainty, and insufficient utilization of marine energy resources. To address these issues, this study investigates an offshore multi-energy coupling system integrating wind, photovoltaic, tidal, and wave energy with flexible loads such as seawater desalination and hydrogen production. A coordinated two-stage optimization framework is proposed. In the planning stage, a joint operation–planning capacity configuration model is formulated to minimize the annualized system cost while determining the optimal sizes of generation units and energy storage. In the operational stage, a multi-time-scale rolling scheduling model combining day-ahead and intra-day optimization is developed to dynamically mitigate renewable output fluctuations and enhance system flexibility. Case studies verify that the proposed framework significantly improves renewable energy utilization, reducing the curtailment rate to 0.7%, while achieving stable and cost-effective operation. The results demonstrate the effectiveness of coordinated planning and rolling scheduling for future offshore integrated energy systems. Full article
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20 pages, 1793 KB  
Article
Multi-Time Scale Optimal Scheduling of Aluminum Electrolysis Parks Considering Production Economy and Operational Safety Under High Wind Power Integration
by Chiyin Xiao, Hao Zhong, Xun Li, Zhenhui Ouyang and Yongjia Wang
Energies 2026, 19(1), 278; https://doi.org/10.3390/en19010278 - 5 Jan 2026
Viewed by 132
Abstract
To address the power fluctuation challenges associated with high-proportion wind power integration and enhance the source–load coordination capability of aluminum electrolysis parks, this paper proposes a multi-time scale collaborative regulation strategy. Based on the production characteristics and regulation principles of aluminum electrolysis loads, [...] Read more.
To address the power fluctuation challenges associated with high-proportion wind power integration and enhance the source–load coordination capability of aluminum electrolysis parks, this paper proposes a multi-time scale collaborative regulation strategy. Based on the production characteristics and regulation principles of aluminum electrolysis loads, a multi-objective optimization model for regulating loads with multiple potline series is established, considering both production revenue and temperature penalties. On this basis, a multi-time scale optimal scheduling model is developed for the park, involving day-ahead commitment optimization, intraday rolling adjustment, and real-time dynamic responses. Case studies based on actual data demonstrate that the proposed strategy effectively alleviates wind power fluctuations and enhances local consumption capacity. Compared to the baseline scenario without load regulation, the integration of electrolytic aluminum load across day-ahead, intra-day, and real-time stages reduces wind curtailment by approximately 40.1%, 52.5%, and 74.6% in successive scenarios, respectively, while the total operating cost shows a decreasing trend with reductions of about 1.15%, 0.63%. This facilitates economical and high-quality operation while maintaining temperature stability for the aluminum electrolysis production process. Full article
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20 pages, 7630 KB  
Article
Multi-Time-Scale Source–Storage–Load Coordination Scheduling Strategy for Pumped Storage with Characteristic Distribution
by Bo Yi, Sheliang Wang, Pin Zhang, Yan Liang, Bo Ming, Yi Guo and Qiang Huang
Processes 2025, 13(12), 3947; https://doi.org/10.3390/pr13123947 - 6 Dec 2025
Viewed by 315
Abstract
To address the pressing challenges of low new energy utilization, high power system operating costs, and compromised power supply reliability in regional grids, we propose a multi-time-scale source–storage–load coordinated scheduling strategy that explicitly accounts for the characteristic distribution of grid-connected energy storage stations, [...] Read more.
To address the pressing challenges of low new energy utilization, high power system operating costs, and compromised power supply reliability in regional grids, we propose a multi-time-scale source–storage–load coordinated scheduling strategy that explicitly accounts for the characteristic distribution of grid-connected energy storage stations, including their state-of-charge constraints, round-trip efficiency profiles, and location-specific operational dynamics. A day-ahead scheduling framework is developed by integrating the multi-time-scale behavioral patterns of diverse load-side demand response resources with the dynamic operational characteristics of energy storage stations. By embedding intra-day rolling optimization and real-time corrective adjustments, we mitigate prediction errors and adapt to unforeseen system disturbances, ensuring enhanced operational accuracy. The objective function minimizes a weighted sum of system operation costs encompassing generation, transmission, and auxiliary services; wind power curtailment penalties for unused renewables; and load shedding penalties from unmet demand, balancing economic efficiency with supply quality. A mixed-integer programming model formalizes these tradeoffs, solved via MATLAB 2020b coupled CPLEX to guarantee optimality. Simulation results demonstrate that the strategy significantly cuts wind power curtailment, reduces system costs, and elevates new energy consumption—outperforming conventional single-time-scale methods in harmonizing renewable integration with grid reliability. This work offers a practical solution for enhancing grid flexibility in high-renewable penetration scenarios. Full article
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15 pages, 2312 KB  
Article
Coordinated Participation Strategy of Distributed PV-Storage Aggregators in Energy and Regulation Markets: Day-Ahead and Intra-Day Optimization
by Xingang Yang, Yang Du, Zhongguang Yang, Lingyu Guo, Simin Wu, Qian Ai and An Li
Electronics 2025, 14(22), 4514; https://doi.org/10.3390/electronics14224514 - 19 Nov 2025
Viewed by 366
Abstract
Against the backdrop of rapidly growing distributed photovoltaics (DPVs) and mounting pressure on conventional frequency-regulation (FR) resources, this study proposes a day-ahead–intraday two-stage optimal scheduling strategy for aggregators of DPV + advanced energy storage participating in a joint energy–FR market. In the day-ahead [...] Read more.
Against the backdrop of rapidly growing distributed photovoltaics (DPVs) and mounting pressure on conventional frequency-regulation (FR) resources, this study proposes a day-ahead–intraday two-stage optimal scheduling strategy for aggregators of DPV + advanced energy storage participating in a joint energy–FR market. In the day-ahead stage (hourly resolution), a multi-aggregator-independent offering model is formulated that explicitly accounts for PV curtailment costs and storage operating/lifecycle costs. Subject to constraints on buy–sell transactions, PV output, storage charging/discharging power and state of charge (SOC), FR capacity, and power balance, the model co-optimizes energy and FR-capacity offers to maximize profit. In the intraday stage (15 min resolution), bidding deviation penalties are introduced, and a rolling optimization is employed to jointly adjust energy and FR dispatch/offers, reconfigure storage SOC in real time, reduce deviations from day-ahead schedules, and enhance economic performance. A three-aggregator case study indicates that, with deviation penalties considered, regulation-command tracking remains at a high level and PV utilization remains very high, while clearing costs decline and system frequency-response capability improves. The results demonstrate the proposed strategy’s implementability, economic efficiency, and scalability, enabling high-quality participation in ancillary services and promoting high-quality renewable integration under high-penetration distributed scenarios. Full article
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12 pages, 2291 KB  
Proceeding Paper
Local and Global Optimization Methods for Power System Models: A Case Study on the Optimal Charging and Discharging Scheduling of Vehicle-to-Grid (V2G) Systems
by Luis Chiza, Adrián Aguayo and Marck Chiza
Eng. Proc. 2025, 115(1), 25; https://doi.org/10.3390/engproc2025115025 - 17 Nov 2025
Viewed by 315
Abstract
Optimal scheduling of charging and discharging in V2G systems constitutes a highly complex optimization problem due to its nonlinear, mixed-integer, and multi-objective nature. This article proposes a hybrid local-global optimization methodology for scheduling charging/discharging processes in the context of Vehicle-to-Grid (V2G). The proposed [...] Read more.
Optimal scheduling of charging and discharging in V2G systems constitutes a highly complex optimization problem due to its nonlinear, mixed-integer, and multi-objective nature. This article proposes a hybrid local-global optimization methodology for scheduling charging/discharging processes in the context of Vehicle-to-Grid (V2G). The proposed methodology integrates a global convex optimization stage, which guarantees feasibility and optimization with respect to the constraints of the entire system (charging limits and energy cost minimization), with a local optimization stage, which adjusts the charging schedules of each vehicle based on personalized constraints (individual battery status and user preferences). The methodology explicitly incorporates scalability for short-term scheduling horizons relevant to daily and intraday operation. A comparative analysis is conducted across local and global methods under an operating scenario. Full article
(This article belongs to the Proceedings of The XXXIII Conference on Electrical and Electronic Engineering)
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22 pages, 3487 KB  
Article
Research and Optimization of Ultra-Short-Term Photovoltaic Power Prediction Model Based on Symmetric Parallel TCN-TST-BiGRU Architecture
by Tengjie Wang, Zian Gong, Zhiyuan Wang, Yuxi Liu, Yahong Ma, Feng Wang and Jing Li
Symmetry 2025, 17(11), 1855; https://doi.org/10.3390/sym17111855 - 3 Nov 2025
Viewed by 457
Abstract
(1) Background: Ultra-short-term photovoltaic (PV) power prediction is crucial for optimizing grid scheduling and enhancing energy utilization efficiency. Existing prediction methods face challenges of missing data, noise interference, and insufficient accuracy. (2) Methods: This study proposes a single-step hybrid neural network model integrating [...] Read more.
(1) Background: Ultra-short-term photovoltaic (PV) power prediction is crucial for optimizing grid scheduling and enhancing energy utilization efficiency. Existing prediction methods face challenges of missing data, noise interference, and insufficient accuracy. (2) Methods: This study proposes a single-step hybrid neural network model integrating Temporal Convolutional Network (TCN), Temporal Shift Transformer (TST), and Bidirectional Gated Recurrent Unit (BiGRU) to achieve high-precision 15-minute-ahead PV power prediction, with a design aligned with symmetry principles. Data preprocessing uses Variational Mode Decomposition (VMD) and random forest interpolation to suppress noise and repair missing values. A symmetric parallel dual-branch feature extraction module is built: TCN-TST extracts local dynamics and long-term dependencies, while BiGRU captures global features. This symmetric structure matches the intra-day periodic symmetry of PV power (e.g., symmetric irradiance patterns around noon) and avoids bias from single-branch models. Tensor concatenation and an adaptive attention mechanism realize feature fusion and dynamic weighted output. (3) Results: Experiments on real data from a Xinjiang PV power station, with hyperparameter optimization (BiGRU units, activation function, TCN kernels, TST parameters), show that the model outperforms comparative models in MAE and R2—e.g., the MAE is 26.53% and 18.41% lower than that of TCN and Transforme. (4) Conclusions: The proposed method achieves a balance between accuracy and computational efficiency. It provides references for PV station operation, system scheduling, and grid stability. Full article
(This article belongs to the Section Engineering and Materials)
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24 pages, 1621 KB  
Article
Coordinating Day-Ahead and Intraday Scheduling for Bidirectional Charging of Fleet EVs
by Shiwei Shen, Syed Irtaza Haider, Razan Habeeb and Frank H. P. Fitzek
Automation 2025, 6(4), 64; https://doi.org/10.3390/automation6040064 - 3 Nov 2025
Viewed by 675
Abstract
The rapid growth of electric vehicles (EVs) and photovoltaic (PV) generation creates substantial power peaks that strain local electrical infrastructure. Coordinated bidirectional charging can mitigate these challenges while delivering benefits such as lower costs, improved PV utilization, and reduced emissions. This paper develops [...] Read more.
The rapid growth of electric vehicles (EVs) and photovoltaic (PV) generation creates substantial power peaks that strain local electrical infrastructure. Coordinated bidirectional charging can mitigate these challenges while delivering benefits such as lower costs, improved PV utilization, and reduced emissions. This paper develops a framework for fleet charging that combines station assignment with a two-stage scheduling approach. A heuristic assignment method allocates EVs to uni- and bidirectional charging stations, ensuring efficient use of limited infrastructure. Building on these assignments, charging power is optimized in two stages: a Mixed-Integer Linear Program (MILP) generates day-ahead schedules from forecasts, while an intraday heuristic-based MILP adapts them to unplanned arrivals and forecast errors through lightweight re-optimization. A Python -based simulator is developed to evaluate the framework under stochastic PV, load, price, and EV conditions. Results show that the approach reduces costs and emissions compared to alternative methods, improves the utilization of bidirectional infrastructure, scales efficiently to large fleets, and remains robust under significant uncertainty, highlighting its potential for practical deployment. Full article
(This article belongs to the Section Smart Transportation and Autonomous Vehicles)
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17 pages, 2558 KB  
Article
Spatiotemporal Forecasting of Regional Electric Vehicles Charging Load: A Multi-Channel Attentional Graph Network Integrating Dynamic Electricity Price and Weather
by Hui Ding, Youyou Guo and Haibo Wang
Electronics 2025, 14(20), 4010; https://doi.org/10.3390/electronics14204010 - 13 Oct 2025
Cited by 1 | Viewed by 881
Abstract
Accurate spatiotemporal forecasting of electric vehicle (EV) charging load is essential for smart grid management and efficient charging service operation. This paper introduced a novel spatiotemporal graph convolutional network with cross-attention (STGCN-Attention) for multi-factor charging load prediction. The model demonstrated a strong capability [...] Read more.
Accurate spatiotemporal forecasting of electric vehicle (EV) charging load is essential for smart grid management and efficient charging service operation. This paper introduced a novel spatiotemporal graph convolutional network with cross-attention (STGCN-Attention) for multi-factor charging load prediction. The model demonstrated a strong capability to capture cross-scale spatiotemporal correlations by adaptively integrating historical charging load, charging pile occupancy, dynamic electricity prices, and meteorological data. Evaluations in real-world charging scenarios showed that the proposed model achieved superior performance in hour forecasting, reducing Mean Absolute Error (MAE) by 9% and 16% compared to traditional STGCN and LSTM models, respectively. It also attained approximately 30% higher accuracy than 24 h prediction. Furthermore, the study identified an optimal 1-2-1 multi-scale temporal window strategy (hour–day–week) and revealed key driver factors. The combined input of load, occupancy, and electricity price yielded the best results (RMSE = 37.21, MAE = 27.34), while introducing temperature and precipitation raised errors by 2–8%, highlighting challenges in fine-grained weather integration. These findings provided actionable insights for real-time and intraday charging scheduling. Full article
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26 pages, 10731 KB  
Article
Two-Stage Optimization Research of Power System with Wind Power Considering Energy Storage Peak Regulation and Frequency Regulation Function
by Juan Li and Hongxu Zhang
Energies 2025, 18(18), 4947; https://doi.org/10.3390/en18184947 - 17 Sep 2025
Viewed by 739
Abstract
Addressing the problems of wind power’s anti-peak regulation characteristics, increasing system peak regulation difficulty, and wind power uncertainty causing frequency deviation leading to power imbalance, this paper considers the peak shaving and valley filling function and frequency regulation characteristics of energy storage, establishing [...] Read more.
Addressing the problems of wind power’s anti-peak regulation characteristics, increasing system peak regulation difficulty, and wind power uncertainty causing frequency deviation leading to power imbalance, this paper considers the peak shaving and valley filling function and frequency regulation characteristics of energy storage, establishing a day-ahead and intraday coordinated two-stage optimization scheduling model for research. Stage 1 establishes a deterministic wind power prediction model based on time series Autoregressive Integrated Moving Average (ARIMA), adopts dynamic peak-valley identification method to divide energy storage operation periods, designs energy storage peak regulation working interval and reserves frequency regulation capacity, and establishes a day-ahead 24 h optimization model with minimum cost as the objective to determine the basic output of each power source and the charging and discharging plan of energy storage participating in peak regulation. Stage 2 still takes the minimum cost as the objective, based on the output of each power source determined in Stage 1, adopts Monte Carlo scenario generation and improved scenario reduction technology to model wind power uncertainty. On one hand, it considers how energy storage improves wind power system inertia support to ensure the initial rate of change of frequency meets requirements. On the other hand, considering energy storage reserve capacity responding to frequency deviation, it introduces dynamic power flow theory, where wind, thermal, load, and storage resources share unbalanced power proportionally based on their frequency characteristic coefficients, establishing an intraday real-time scheduling scheme that satisfies the initial rate of change of frequency and steady-state frequency deviation constraints. The study employs improved chaotic mapping and an adaptive weight Particle Swarm Optimization (PSO) algorithm to solve the two-stage optimization model and finally takes the improved IEEE 14-node system as an example to verify the proposed scheme through simulation. Results demonstrate that the proposed method improves the system net load peak-valley difference by 35.9%, controls frequency deviation within ±0.2 Hz range, and reduces generation cost by 7.2%. The proposed optimization scheduling model has high engineering application value. Full article
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18 pages, 780 KB  
Article
Multi-Source Energy Storage Day-Ahead and Intra-Day Scheduling Based on Deep Reinforcement Learning with Attention Mechanism
by Enren Liu, Song Gao, Xiaodi Chen, Jun Li, Yuntao Sun and Meng Zhang
Appl. Sci. 2025, 15(18), 10031; https://doi.org/10.3390/app151810031 - 14 Sep 2025
Viewed by 1515
Abstract
With the rapid integration of high-penetration renewable energy, its inherent uncertainty complicates power system day-ahead/intra-day scheduling, leading to challenges like wind curtailment and high operational costs. Existing methods either rely on inflexible physical models or use deep reinforcement learning (DRL) without prioritizing critical [...] Read more.
With the rapid integration of high-penetration renewable energy, its inherent uncertainty complicates power system day-ahead/intra-day scheduling, leading to challenges like wind curtailment and high operational costs. Existing methods either rely on inflexible physical models or use deep reinforcement learning (DRL) without prioritizing critical variables or synergizing multi-source energy storage and demand response (DR). This study develops a multi-time scale coordination scheduling framework to balance cost minimization and renewable energy utilization, with strong adaptability to real-time uncertainties. The framework integrates a day-ahead optimization model and an intra-day rolling model powered by an attention-enhanced DRL Actor–Critic network—where the attention mechanism dynamically focuses on critical variables to correct real-time deviations. Validated on an East China regional grid, the framework significantly enhances renewable energy absorption and system flexibility, providing a robust technical solution for the economical and stable operation of high-renewable power systems. Full article
(This article belongs to the Special Issue Control and Security of Industrial Cyber–Physical Systems)
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20 pages, 1895 KB  
Article
Distributed Low-Carbon Demand Response in Distribution Networks Incorporating Day-Ahead and Intraday Flexibilities
by Bin Hu, Xianen Zong, Hongbin Wu and Yue Yang
Processes 2025, 13(8), 2460; https://doi.org/10.3390/pr13082460 - 4 Aug 2025
Viewed by 716
Abstract
In this paper, we present a distributed low-carbon demand response method in distribution networks incorporating day-ahead and intraday flexibilities on the demand side. This two-stage demand dispatch scheme, including day-ahead schedule and intraday adjustment, is proposed to facilitate the coordination between power demand [...] Read more.
In this paper, we present a distributed low-carbon demand response method in distribution networks incorporating day-ahead and intraday flexibilities on the demand side. This two-stage demand dispatch scheme, including day-ahead schedule and intraday adjustment, is proposed to facilitate the coordination between power demand and local photovoltaic (PV) generation. We employ the alternating direction method of multipliers (ADMM) to solve the dispatch problem in a distributed manner. Demand response in a 141-bus test system serves as our case study, demonstrating the effectiveness of our approach in shifting power loads to periods of high PV generation. Our results indicate remarkable reductions in the total carbon emission by utilizing more distributed PV generation. Full article
(This article belongs to the Special Issue Modeling, Operation and Control in Renewable Energy Systems)
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23 pages, 2295 KB  
Article
A Two-Stage Sustainable Optimal Scheduling Strategy for Multi-Contract Collaborative Distributed Resource Aggregators
by Lei Su, Wanli Feng, Cao Kan, Mingjiang Wei, Rui Su, Pan Yu and Ning Zhang
Sustainability 2025, 17(15), 6767; https://doi.org/10.3390/su17156767 - 25 Jul 2025
Viewed by 828
Abstract
To address the challenges posed by the instability of renewable energy output and load fluctuations on grid operations and to support the low-carbon sustainable development of the energy system, this paper integrates artificial intelligence technology to establish an economic stability dispatch framework for [...] Read more.
To address the challenges posed by the instability of renewable energy output and load fluctuations on grid operations and to support the low-carbon sustainable development of the energy system, this paper integrates artificial intelligence technology to establish an economic stability dispatch framework for distributed resource aggregators. A phased multi-contract collaborative scheduling model oriented toward sustainable development is proposed. Through intelligent algorithms, the model dynamically optimises decisions across the day-ahead and intraday phases: During the day-ahead scheduling phase, intelligent algorithms predict load demand and energy output, and combine with elastic performance-based response contracts to construct a user-side electricity consumption behaviour intelligent control model. Under the premise of ensuring user comfort, the model generates a 24 h scheduling plan with the objectives of minimising operational costs and efficiently integrating renewable energy. In the intraday scheduling phase, a rolling optimisation mechanism is used to activate energy storage capacity contracts and dynamic frequency stability contracts in real time based on day-ahead prediction deviations. This efficiently coordinates the intelligent frequency regulation strategies of energy storage devices and electric vehicle aggregators to quickly mitigate power fluctuations and achieve coordinated control of primary and secondary frequency regulation. Case study results indicate that the intelligent optimisation-driven multi-contract scheduling model significantly improves system operational efficiency and stability, reduces system operational costs by 30.49%, and decreases power purchase fluctuations by 12.41%, providing a feasible path for constructing a low-carbon, resilient grid under high renewable energy penetration. Full article
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26 pages, 796 KB  
Article
Distributionally Robust Optimal Scheduling for Integrated Energy System Based on Dynamic Hydrogen Blending Strategy
by Yixiao Xiao, Qianhua Xiao, Keyu Wang, Xiaohui Yang and Yan Zhang
Appl. Sci. 2025, 15(13), 7560; https://doi.org/10.3390/app15137560 - 5 Jul 2025
Viewed by 1165
Abstract
To mitigate challenges arising from renewable energy volatility and multi-energy load uncertainty, this paper introduces a dynamic hydrogen blending (DHB) strategy for an integrated energy system. The strategy is categorized into Continuous Hydrogen Blending (CHB) and Time-phased Hydrogen Blending (THB), based on the [...] Read more.
To mitigate challenges arising from renewable energy volatility and multi-energy load uncertainty, this paper introduces a dynamic hydrogen blending (DHB) strategy for an integrated energy system. The strategy is categorized into Continuous Hydrogen Blending (CHB) and Time-phased Hydrogen Blending (THB), based on the temporal variations in the hydrogen blending ratio. To evaluate the regulatory effect of DHB on uncertainty, a data-driven distributionally robust optimization method is employed in the day-ahead stage to manage system uncertainties. Subsequently, a hierarchical model predictive control framework is designed for the intraday stage to track the day-ahead robust scheduling outcomes. Experimental results indicate that the optimized CHB ratio exhibits step characteristics, closely resembling the THB configuration. In terms of cost-effectiveness, CHB reduces the day-ahead scheduling cost by 0.87% compared to traditional fixed hydrogen blending schemes. THB effectively simplifies model complexity while maintaining a scheduling performance comparable to CHB. Regarding tracking performance, intraday dynamic hydrogen blending further reduces upper- and lower-layer tracking errors by 4.25% and 2.37%, respectively. Furthermore, THB demonstrates its advantage in short-term energy regulation, effectively reducing tracking errors propagated from the upper layer MPC to the lower layer, resulting in a 2.43% reduction in the lower-layer model’s tracking errors. Full article
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40 pages, 485 KB  
Review
A Review of Electricity Price Forecasting Models in the Day-Ahead, Intra-Day, and Balancing Markets
by Ciaran O’Connor, Mohamed Bahloul, Steven Prestwich and Andrea Visentin
Energies 2025, 18(12), 3097; https://doi.org/10.3390/en18123097 - 12 Jun 2025
Cited by 9 | Viewed by 11273
Abstract
Electricity price forecasting plays a fundamental role in ensuring efficient market operation and informed decision making. With the growing integration of renewable energy, prices have become more volatile and difficult to predict, increasing the necessity of accurate forecasting in bidding, scheduling, and risk [...] Read more.
Electricity price forecasting plays a fundamental role in ensuring efficient market operation and informed decision making. With the growing integration of renewable energy, prices have become more volatile and difficult to predict, increasing the necessity of accurate forecasting in bidding, scheduling, and risk management. This paper provides a comprehensive review of point forecasting models for electricity markets, covering classical statistical approaches both with and without exogenous inputs, and modern machine learning and deep learning techniques, including ensemble methods and hybrid architectures. Unlike standard reviews focused solely on the day-ahead market, we assess model performance across day-ahead, intra-day, and balancing markets, with each posing unique challenges due to differences in time resolution, data availability, and market structure. Through this market-specific lens, the paper merges insights from a broad set of studies; identifies persistent challenges, such as data quality, model interpretability, and generalisability; and outlines promising directions for future research. Our findings highlight the strong performance of hybrid and ensemble models in the day-ahead market, the dominance of recurrent neural networks in the intra-day market, and the relative effectiveness of simpler statistical models such as LEAR in the balancing market, where volatility and data sparsity remain critical challenges. Full article
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