From vertical to horizontal structures: new optimization challenges in electricity markets

Excerpt

This is a summary of the Ph.D. thesis of Jérôme De Boeck supervised by Bernard Fortz and defended on the 27th of January 2021 at the Free University of Brussels. The thesis is written in English and was finalist for the EURO Doctoral Dissertation Award 2022. It is available from the author upon request at Jerome.De.Boeck@ulb.be and from https://​difusion.​ulb.​ac.​be/​vufind/​Record/​ULB-DIPOT:​oai:​dipot.​ulb.​ac.​be:​2013/​318361/​Holdings. This work provides an overview of several optimization problems related to the electricity supply chain and their evolution over the past years. Liberalization of electricity markets and new technologies are having a strong influence on how to organize electricity production and transmission. Many components of the electricity supply chain are shifting from vertical to horizontal decision mechanisms introducing new interactions. Previous computational methods used in electricity-related problems need to be updated to follow the evolution of real-life constraints. …