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(2010)This paper outlines how to economically and reliably operate a power system with high levels of renewable generation which are stochastic in nature. It outlines the challenges for system operators, and suggests tools and ...
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(IEEE, 2009-05)The stochastic nature of wind alters the unit commitment and dispatch problem. By accounting for this uncertainty when scheduling the system, more robust schedules are produced, which should, on average, reduce expected ...
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(CIRED, 2011-06)Advances in the development of electric vehicles, along with policy incentives, will see a wider uptake of this technology in the transport sector in future years. However, large penetrations of EVs could lead to adverse ...
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(Elsevier Science B.V., 1997-03)This paper investigates the conditions under which a dynamic, stochastic macroeconomic model with many interacting agents will exhibit the ‘small shocks, large shocks’ property that is often said to characterize observed ...
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(IEEE, 2009-06)The paper describes the methodology that has been developed for Transmission System Operators (TSOs) of Republic of Ireland, Eirgrid, and Northern Ireland, SONI the TSO in Northern Ireland, to study the effects of advanced ...
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(University College Dublin. School of Economics, 1994-08)This note examines the sensitivity of tests for homogeneity in demand systems to such factors as omitted variables and dynamic and stochastic specification. It estimates demand systems for Ireland using time-series data ...
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(Taylor & Francis, 1995-10)Examines the sensitivity of tests for homogeneity in Ireland's demand systems on various economic factors. Use of time series data for unconditional demand systems in differentiating dynamic and stochastic specifications; ...
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(University College Dublin. School of Economics, 2002)
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(Elsevier, 2011-05)The utilisation of demand side resources is set to increase over the coming years with the advent of advanced metering infrastructure, home area networks and the promotion of increased energy efficiency. Demand side resources ...
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(Queen’s University. Department of Economics, 2006-03)We study the dynamics of an industry subject to aggregate demand shocks where the productivity of a firm’s technology evolves stochastically over time. Each period, each firm, given the aggregate demand shock, the productivity ...