arXiv subjects

Aidan Looney

Publications and source records attributed to Aidan Looney.

3 recordsLinked to original sources

arXiv2026

Duration-Aware Ramp Adequacy Screening

Ramp products are widely used in regional electricity markets to procure intertemporal flexibility in anticipation of net demand changes. However, the design of such ramp products often lacks a clear specification of ramping duration, potentially leading to infeasible dispatch solutions. This paper develops a duration-aware ramp adequacy screening method that evaluates whether the currently committed and dispatched fleet can meet the anticipated net-demand ramp requirement across different durations. A negative ramp adequacy margin identifies an insufficient-duration set in which the fleet lacks adequate ramp capability. Evaluating this margin across duration supports product-duration selection, while tracking it over time provides a metric for assessing ramp adequacy under different products and dispatch policies. We further formulate rolling-window ramp-reserve procurement with horizon-dependent forecast uncertainty and show that a product can affect ramp capability beyond its designated duration through changes in dispatch positioning. Building on this framework, we develop a forecast-free ramp-reserve scarcity dispatch policy that prioritizes resources according to their remaining ramp-up durations and, in the transmission-unconstrained setting, achieves the same minimum operational security loss as a perfect-foresight benchmark. Studies on a 10-generator system and a 2751-bus synthetic Texas grid demonstrate the value of the proposed framework for early detection of ramp scarcity, product design and evaluation, and screening-guided emergency dispatch.

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arXiv2026

Locational Marginal Pricing for Adaptive Robust Look-Ahead Dispatch with Casual Affine Recourse

This paper develops a marginal pricing mechanism for adaptive robust look-ahead economic dispatch (LAED) under net-load uncertainty. In current market practice, deterministic multi-interval dispatch can misprice flexibility when forecast error is large. Fully adaptive robust (FAR) dispatch captures this uncertainty, but competing worst-case trajectories can imply different marginal values of demand, leaving no single price for market settlement. We propose causal affine recourse (CAR) as a tractable, price-forming approximation. CAR replaces independently optimized trajectory-specific schedules with a causal affine response policy, yielding a market-clearing model that retains the standard energy and congestion decomposition of DC Locational Marginal Pricing. We then demonstrate that CAR-LMP together with a ramp-adjusted current settlement supports dispatch-following and eliminates current-period lost opportunity costs. We solve the CAR problem by deriving a robust counterpart and present computational evidence on exact small DC instances, a ten-generator system, and an IEEE 300-bus public-network case. These simulations show that the proposed prices collapse exactly to deterministic LAED-LMP when robustness is inactive, remain stable in loose-ramp regimes, and produce economically meaningful price shifts when flexibility is scarce. The proposed pricing mechanism provides a practical bridge between adaptive robust dispatch and market-based pricing.

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arXiv2026

Lost Opportunity Costs Under Ramp Stress: A Comparison of Ramp-Product Dispatch and Look-Ahead Economic Dispatch

This paper studies whether ramp-product settlement compensates generators that absorb intertemporal ramp scarcity as effectively as look-ahead economic dispatch. We evaluate this question by comparing the lost opportunity cost (LOC) induced by each approach. Using rolling-horizon simulations on a 10-generator system and a modified RTS-GMLC system, we compare ramp-product settlement (RP-LMP), look-ahead settlement (LA-LMP), and temporal locational marginal pricing (TLMP). In the featured deterministic ramp stressed cases, aggregate LOC is higher under RP-LMP than under LA-LMP. The main contribution is a generator-level critical assessment for ramp-product settlement: we identify which units are left with uncompensated intertemporal opportunity cost under RP-LMP and how that burden changes under LA-LMP. RP-LMP LOC is concentrated on units with repeated ramp-binding exposure, while LA-LMP mainly relieves those same units and leaves smaller residual LOC on other units. Multi-day tests preserve this ordering under perfect foresight in the larger test system, but show that it need not hold under forecast error.

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