There is an ongoing transition in the power system towards an increasing amount of flexible resources and generation technologies at the distribution system level. An appealing alternative to facilitate efficient utilization of such decentralized energy resources is to coordinate the power at the...

One crucial factor that influences distributed energy resource investments and operation is the grid tariffs. If the price signal passed on to the consumer is not representative of the actual impact of the decentralized decisions on the power system, we may get inefficiencies. The main problem...

A linear complementarity model is developed and presented for two different electricity market designs comprising an energy-only as well as a capacity market. In addition, storage units are implemented, assessing the impact of the market design on these units. Results of a case study for northern...