{"id":"https://openalex.org/W7090763881","doi":"https://doi.org/10.48550/arxiv.2510.10856","title":"Storage Participation in Electricity Markets: Time Discretization through Robust Optimization","display_name":"Storage Participation in Electricity Markets: Time Discretization through Robust Optimization","publication_year":2025,"publication_date":"2025-10-12","ids":{"openalex":"https://openalex.org/W7090763881","doi":"https://doi.org/10.48550/arxiv.2510.10856"},"language":"en","primary_location":{"id":"doi:10.48550/arxiv.2510.10856","is_oa":true,"landing_page_url":"https://doi.org/10.48550/arxiv.2510.10856","pdf_url":null,"source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":"2331-8422","issn":["2331-8422"],"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Preprint"},"type":"preprint","indexed_in":["datacite"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.48550/arxiv.2510.10856","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":null,"display_name":"Lauinger, Dirk","orcid":null},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Lauinger, Dirk","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":null,"display_name":"Cot\u00e9, Luc","orcid":null},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Cot\u00e9, Luc","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":null,"display_name":"Sun, Andy","orcid":null},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Sun, Andy","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":true,"primary_topic":{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":0.699400007724762,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":0.699400007724762,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.20340000092983246,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11185","display_name":"Integrated Energy Systems Optimization","score":0.03970000147819519,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/arbitrage","display_name":"Arbitrage","score":0.7724999785423279},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.5953999757766724},{"id":"https://openalex.org/keywords/electricity-market","display_name":"Electricity market","score":0.4505999982357025},{"id":"https://openalex.org/keywords/bilinear-interpolation","display_name":"Bilinear interpolation","score":0.44020000100135803},{"id":"https://openalex.org/keywords/energy-storage","display_name":"Energy storage","score":0.39570000767707825},{"id":"https://openalex.org/keywords/block","display_name":"Block (permutation group theory)","score":0.362199991941452},{"id":"https://openalex.org/keywords/supply-and-demand","display_name":"Supply and demand","score":0.32749998569488525},{"id":"https://openalex.org/keywords/market-clearing","display_name":"Market clearing","score":0.29820001125335693}],"concepts":[{"id":"https://openalex.org/C160623529","wikidata":"https://www.wikidata.org/wiki/Q273088","display_name":"Arbitrage","level":2,"score":0.7724999785423279},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.5953999757766724},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5364000201225281},{"id":"https://openalex.org/C146733006","wikidata":"https://www.wikidata.org/wiki/Q676081","display_name":"Electricity market","level":3,"score":0.4505999982357025},{"id":"https://openalex.org/C205203396","wikidata":"https://www.wikidata.org/wiki/Q612143","display_name":"Bilinear interpolation","level":2,"score":0.44020000100135803},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.41659998893737793},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.4147000014781952},{"id":"https://openalex.org/C73916439","wikidata":"https://www.wikidata.org/wiki/Q837718","display_name":"Energy storage","level":3,"score":0.39570000767707825},{"id":"https://openalex.org/C2777210771","wikidata":"https://www.wikidata.org/wiki/Q4927124","display_name":"Block (permutation group theory)","level":2,"score":0.362199991941452},{"id":"https://openalex.org/C120330832","wikidata":"https://www.wikidata.org/wiki/Q166656","display_name":"Supply and demand","level":2,"score":0.32749998569488525},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.30320000648498535},{"id":"https://openalex.org/C14981831","wikidata":"https://www.wikidata.org/wiki/Q1713661","display_name":"Market clearing","level":2,"score":0.29820001125335693},{"id":"https://openalex.org/C2779150987","wikidata":"https://www.wikidata.org/wiki/Q17141886","display_name":"Limits to arbitrage","level":3,"score":0.2881999909877777},{"id":"https://openalex.org/C2776029896","wikidata":"https://www.wikidata.org/wiki/Q3935810","display_name":"Relaxation (psychology)","level":2,"score":0.2879999876022339},{"id":"https://openalex.org/C122251271","wikidata":"https://www.wikidata.org/wiki/Q940039","display_name":"Ex-ante","level":2,"score":0.28540000319480896},{"id":"https://openalex.org/C184773241","wikidata":"https://www.wikidata.org/wiki/Q387400","display_name":"Mains electricity","level":3,"score":0.2816999852657318},{"id":"https://openalex.org/C177264268","wikidata":"https://www.wikidata.org/wiki/Q1514741","display_name":"Set (abstract data type)","level":2,"score":0.27549999952316284},{"id":"https://openalex.org/C2779438525","wikidata":"https://www.wikidata.org/wiki/Q5255048","display_name":"Demand response","level":3,"score":0.26589998602867126},{"id":"https://openalex.org/C170131372","wikidata":"https://www.wikidata.org/wiki/Q7617811","display_name":"Stochastic control","level":3,"score":0.26030001044273376},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.2556000053882599},{"id":"https://openalex.org/C64112148","wikidata":"https://www.wikidata.org/wiki/Q160151","display_name":"Market price","level":2,"score":0.2542000114917755},{"id":"https://openalex.org/C41045048","wikidata":"https://www.wikidata.org/wiki/Q202843","display_name":"Linear programming","level":2,"score":0.2517000138759613}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.48550/arxiv.2510.10856","is_oa":true,"landing_page_url":"https://doi.org/10.48550/arxiv.2510.10856","pdf_url":null,"source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":"2331-8422","issn":["2331-8422"],"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":null,"raw_source_name":null,"raw_type":"Preprint"}],"best_oa_location":{"id":"doi:10.48550/arxiv.2510.10856","is_oa":true,"landing_page_url":"https://doi.org/10.48550/arxiv.2510.10856","pdf_url":null,"source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":"2331-8422","issn":["2331-8422"],"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Preprint"},"sustainable_development_goals":[{"display_name":"Affordable and clean energy","id":"https://metadata.un.org/sdg/7","score":0.6868295669555664}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":[],"abstract_inverted_index":{"Electricity":[0],"storage":[1,39],"is":[2,73,88],"used":[3],"for":[4,9,30,49,121,139,154],"intertemporal":[5],"price":[6],"arbitrage":[7,32],"and":[8,16,33,36,98,114,175],"ancillary":[10,155],"services":[11],"that":[12,27,38,93],"balance":[13],"unforeseen":[14],"supply":[15],"demand":[17,153],"fluctuations":[18],"via":[19],"frequency":[20,34],"regulation.":[21],"We":[22],"present":[23],"an":[24,54,66],"optimization":[25],"model":[26,118],"computes":[28],"bids":[29],"both":[31],"regulation":[35],"ensures":[37],"operators":[40],"can":[41,119],"honor":[42],"their":[43],"market":[44,59,169],"commitments":[45],"at":[46],"all":[47,50],"times":[48],"fluctuation":[51],"signals":[52],"in":[53],"uncertainty":[55],"set":[56],"inspired":[57],"by":[58,65],"rules.":[60],"This":[61],"requirement,":[62],"initially":[63],"expressed":[64],"infinite":[67],"number":[68,81],"of":[69,82,129],"nonconvex":[70],"functional":[71],"constraints,":[72],"shown":[74],"to":[75,78,181],"be":[76],"equivalent":[77],"a":[79,89,107,126,136,158],"finite":[80],"deterministic":[83],"constraints.":[84],"The":[85,117],"resulting":[86],"formulation":[87],"mixed-integer":[90,95],"bilinear":[91],"program":[92],"admits":[94],"linear":[96],"relaxations":[97],"restrictions.":[99],"Empirical":[100],"tests":[101],"on":[102],"European":[103],"electricity":[104],"markets":[105],"show":[106],"negligible":[108],"optimality":[109],"gap":[110],"between":[111],"the":[112,115,152],"relaxation":[113],"restriction.":[116],"account":[120],"intraday":[122],"trading":[123,142],"and,":[124],"with":[125],"solution":[127],"time":[128],"under":[130],"5":[131],"seconds,":[132],"may":[133],"serve":[134],"as":[135,148],"building":[137],"block":[138],"more":[140,171],"complex":[141],"strategies.":[143],"Such":[144],"strategies":[145],"become":[146],"necessary":[147],"battery":[149],"capacity":[150],"exceeds":[151],"services.":[156],"In":[157],"backtest":[159],"from":[160],"1":[161],"July":[162],"2020":[163],"through":[164],"30":[165],"June":[166],"2024":[167],"joint":[168],"participation":[170],"than":[172],"doubles":[173],"profits":[174],"almost":[176],"halves":[177],"energy":[178],"output":[179],"compared":[180],"no":[182],"FCR":[183],"participation.":[184]},"counts_by_year":[],"updated_date":"2026-07-28T07:46:37.118299","created_date":"2025-10-15T00:00:00"}