Optimizing Energy Storage Participation in Emerging Power Markets

The growing amount of intermittent renewables in power generation creates challenges for real-time matching of supply and demand in the power grid. Emerging ancillary power markets provide new incentives to consumers (e.g., electrical vehicles, data centers, and others) to perform demand response to help stabilize the electricity grid. A promising class of potential demand response providers includes energy storage systems (ESSs). This paper evaluates the benefits of using various types of novel ESS technologies for a variety of emerging smart grid demand response programs, such as regulation services reserves (RSRs), contingency reserves, and peak shaving. We model, formulate and solve optimization problems to maximize the net profit of ESSs in providing each demand response. Our solution selects the optimal power and energy capacities of the ESS, determines the optimal reserve value to provide as well as the ESS real-time operational policy for program participation. Our results highlight that applying ultra-capacitors and flywheels in RSR has the potential to be up to 30 times more profitable than using common battery technologies such as LI and LA batteries for peak shaving.Comment: The full (longer and extended) version of the paper accepted in IGSC 201

A Minimum-Cost Flow Model for Workload Optimization on Cloud Infrastructure

Recent technology advancements in the areas of compute, storage and networking, along with the increased demand for organizations to cut costs while remaining responsive to increasing service demands have led to the growth in the adoption of cloud computing services. Cloud services provide the promise of improved agility, resiliency, scalability and a lowered Total Cost of Ownership (TCO). This research introduces a framework for minimizing cost and maximizing resource utilization by using an Integer Linear Programming (ILP) approach to optimize the assignment of workloads to servers on Amazon Web Services (AWS) cloud infrastructure. The model is based on the classical minimum-cost flow model, known as the assignment model.Comment: 2017 IEEE 10th International Conference on Cloud Computin

Optimizing energy storage participation in emerging power markets

The growing amount of intermittent renewables in power generation creates challenges for real-time matching of supply and demand in the power grid. Emerging ancillary power markets provide new incentives to consumers (e.g., electrical vehicles, data centers, and others) to perform demand response to help stabilize the electricity grid. A promising class of potential demand response providers includes energy storage systems (ESSs). This paper evaluates the benefits of using various types of novel ESS technologies for a variety of emerging smart grid demand response programs, such as regulation services reserves (RSRs), contingency reserves, and peak shaving. We model, formulate and solve optimization problems to maximize the net profit of ESSs in providing each demand response. Our solution selects the optimal power and energy capacities of the ESS, determines the optimal reserve value to provide as well as the ESS real-time operational policy for program participation. Our results highlight that applying ultra-capacitors and flywheels in RSR has the potential to be up to 30 times more profitable than using common battery technologies such as LI and LA batteries for peak shaving

From Social Simulation to Integrative System Design

As the recent financial crisis showed, today there is a strong need to gain "ecological perspective" of all relevant interactions in socio-economic-techno-environmental systems. For this, we suggested to set-up a network of Centers for integrative systems design, which shall be able to run all potentially relevant scenarios, identify causality chains, explore feedback and cascading effects for a number of model variants, and determine the reliability of their implications (given the validity of the underlying models). They will be able to detect possible negative side effect of policy decisions, before they occur. The Centers belonging to this network of Integrative Systems Design Centers would be focused on a particular field, but they would be part of an attempt to eventually cover all relevant areas of society and economy and integrate them within a "Living Earth Simulator". The results of all research activities of such Centers would be turned into informative input for political Decision Arenas. For example, Crisis Observatories (for financial instabilities, shortages of resources, environmental change, conflict, spreading of diseases, etc.) would be connected with such Decision Arenas for the purpose of visualization, in order to make complex interdependencies understandable to scientists, decision-makers, and the general public.Comment: 34 pages, Visioneer White Paper, see http://www.visioneer.ethz.c

Evolution of green shipping research: themes and methods

Over the past 30 years, there have been growing concerns on theenvironmental impacts of maritime transportation, which have attractedgreat attention from both academia and practitioners. Understandingdevelopments in this area can help guide future research. We conducteda comprehensive review of green shipping research, comprising 213papers published in transportation journals in SSCI of 2017 over theperiod 1988–2017. We find that research on green shipping hasincreased greatly since 2012, accounting for 77.5% of the reviewedpapers. The main focus today on green shipping was on air pollution,and the classification of green shipping practice, such as technical measures,operational options, market-based measures, and recycling andreusing, is becoming clear. According to the existing studies, futureresearch on green shipping must strengthen technology research tonot only solve practical problems, but also to establish a theoreticalgreen shipping system. Moreover, researchers from different countriescould cooperate with each other to give effective suggestions on settingstandards and laws of green shipping. Finally, we identify the futureresearch themes will focus on setting up green shipping system andlegislation and policy