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  • Open Access

    ARTICLE

    Graph-Based Unified Settlement Framework for Complex Electricity Markets: Data Integration and Automated Refund Clearing

    Xiaozhe Guo1, Suyan Long2, Ziyu Yue2, Yifan Wang2, Guanting Yin1, Yuyang Wang1, Zhaoyuan Wu1,*

    Energy Engineering, Vol.123, No.1, 2026, DOI:10.32604/ee.2025.069820 - 27 December 2025

    Abstract The increasing complexity of China’s electricity market creates substantial challenges for settlement automation, data consistency, and operational scalability. Existing provincial settlement systems are fragmented, lack a unified data structure, and depend heavily on manual intervention to process high-frequency and retroactive transactions. To address these limitations, a graph-based unified settlement framework is proposed to enhance automation, flexibility, and adaptability in electricity market settlements. A flexible attribute-graph model is employed to represent heterogeneous multi-market data, enabling standardized integration, rapid querying, and seamless adaptation to evolving business requirements. An extensible operator library is designed to support configurable settlement… More >

  • Open Access

    ARTICLE

    Day-Ahead Electricity Price Forecasting Using the XGBoost Algorithm: An Application to the Turkish Electricity Market

    Yağmur Yılan, Ahad Beykent*

    CMC-Computers, Materials & Continua, Vol.86, No.1, pp. 1-16, 2026, DOI:10.32604/cmc.2025.068440 - 10 November 2025

    Abstract Accurate short-term electricity price forecasts are essential for market participants to optimize bidding strategies, hedge risk and plan generation schedules. By leveraging advanced data analytics and machine learning methods, accurate and reliable price forecasts can be achieved. This study forecasts day-ahead prices in Türkiye’s electricity market using eXtreme Gradient Boosting (XGBoost). We benchmark XGBoost against four alternatives—Support Vector Machines (SVM), Long Short-Term Memory (LSTM), Random Forest (RF), and Gradient Boosting (GBM)—using 8760 hourly observations from 2023 provided by Energy Exchange Istanbul (EXIST). All models were trained on an identical chronological 80/20 train–test split, with hyperparameters More >

  • Open Access

    ARTICLE

    Hybrid Forecasting Techniques for Renewable Energy Integration in Electricity Markets Using Fractional and Fractal Approach

    Tariq Ali1,2,*, Muhammad Ayaz1,2, Mohammad Hijji2, Imran Baig3, MI Mohamed Ershath4, Saleh Albelwi2

    CMES-Computer Modeling in Engineering & Sciences, Vol.145, No.3, pp. 3839-3858, 2025, DOI:10.32604/cmes.2025.073169 - 23 December 2025

    Abstract The integration of renewable energy sources into electricity markets presents significant challenges due to the inherent variability and uncertainty of power generation from wind, solar, and other renewables. Accurate forecasting is crucial for ensuring grid stability, optimizing market operations, and minimizing economic risks. This paper introduces a hybrid forecasting framework incorporating fractional-order statistical models, fractal-based feature engineering, and deep learning architectures to improve renewable energy forecasting accuracy. Fractional autoregressive integrated moving average (FARIMA) and fractional exponential smoothing (FETS) models are explored for capturing long-memory dependencies in energy time-series data. Additionally, multifractal detrended fluctuation analysis (MFDFA) More >

  • Open Access

    ARTICLE

    DH-LDA: A Deeply Hidden Load Data Attack on Electricity Market of Smart Grid

    Yunhao Yu1, Meiling Dizha1, Boda Zhang1, Ruibin Wen1, Fuhua Luo1, Xiang Guo1, Junjie Song2, Bingdong Wang2, Zhenyong Zhang2,*

    CMC-Computers, Materials & Continua, Vol.85, No.2, pp. 3861-3877, 2025, DOI:10.32604/cmc.2025.066097 - 23 September 2025

    Abstract The load profile is a key characteristic of the power grid and lies at the basis for the power flow control and generation scheduling. However, due to the wide adoption of internet-of-things (IoT)-based metering infrastructure, the cyber vulnerability of load meters has attracted the adversary’s great attention. In this paper, we investigate the vulnerability of manipulating the nodal prices by injecting false load data into the meter measurements. By taking advantage of the changing properties of real-world load profile, we propose a deeply hidden load data attack (i.e., DH-LDA) that can evade bad data detection,… More >

  • Open Access

    ARTICLE

    Stackelberg Game for Bilateral Transactions between Energy Storage and Wind Farms Considering the Day-Ahead Electricity Market

    Xingxu Zhu1, Guiqing Zhao1, Gangui Yan1, Junhui Li1,*, Hongda Dong2, Chenggang Li2

    Energy Engineering, Vol.122, No.5, pp. 1645-1668, 2025, DOI:10.32604/ee.2025.063192 - 25 April 2025

    Abstract The participation of wind farms in the former energy market faces challenges such as power fluctuations and energy storage construction costs. To this end, this paper proposes a joint energy storage operation scheme for multiple wind farms based on a leasing model, which assists wind farms in bidding for participation in the former energy market through leasing services, thereby enhancing energy storage efficiency and maximizing economic benefits. In this paper, based on the Weibull probability distribution to portray the uncertainty of wind power, and considering the lifetime capacity loss caused by charging and discharging of… More > Graphic Abstract

    Stackelberg Game for Bilateral Transactions between Energy Storage and Wind Farms Considering the Day-Ahead Electricity Market

  • Open Access

    ARTICLE

    A Two-Stage Feature Extraction Approach for Green Energy Consumers in Retail Electricity Markets Using Clustering and TF–IDF Algorithms

    Wei Yang1, Weicong Tan1, Zhijian Zeng1, Ren Li1, Jie Qin1, Yuting Xie1, Yongjun Zhang2, Runting Cheng2, Dongliang Xiao2,*

    Energy Engineering, Vol.122, No.5, pp. 1697-1713, 2025, DOI:10.32604/ee.2025.060571 - 25 April 2025

    Abstract The rapid development of electricity retail market has prompted an increasing number of electricity consumers to sign green electricity contracts with retail electricity companies, which poses greater challenges for the market service for green energy consumers. This study proposed a two-stage feature extraction approach for green energy consumers leveraging clustering and term frequency-inverse document frequency (TF–IDF) algorithms within a knowledge graph framework to provide an information basis that supports the green development of the retail electricity market. First, the multi-source heterogeneous data of green energy consumers under an actual market environment is systematically introduced and… More >

  • Open Access

    REVIEW

    Energy Storage Operation Modes in Typical Electricity Market and Their Implications for China

    Junhui Liu1, Yihan Zhang1, Zijian Meng2, Meng Yang1, Yao Lu1, Zhe Chai1, Zhaoyuan Wu2,*

    Energy Engineering, Vol.121, No.9, pp. 2409-2434, 2024, DOI:10.32604/ee.2024.051554 - 19 August 2024

    Abstract As the Chinese government proposes ambitious plans to promote low-carbon transition, energy storage will play a pivotal role in China’s future power system. However, due to the lack of a mature electricity market environment and corresponding mechanisms, current energy storage in China faces problems such as unclear operational models, insufficient cost recovery mechanisms, and a single investment entity, making it difficult to support the rapid development of the energy storage industry. In contrast, European and American countries have already embarked on certain practices in energy storage operation models. Through exploration of key issues such as… More >

  • Open Access

    ARTICLE

    Analyzing the Wind-Dominant Electricity Market under Coexistence of Regulated and Deregulated Power Trading

    Yirui Li1, Dongliang Xiao1,3,*, Haoyong Chen1, Weijun Cai1, Josue Campos do Prado2

    Energy Engineering, Vol.121, No.8, pp. 2093-2127, 2024, DOI:10.32604/ee.2024.049232 - 19 July 2024

    Abstract Currently, both regulated and deregulated power trading exist in China’s power system, which has caused imbalanced funds in the electricity market. In this paper, a simulation analysis of the electricity market with wind energy resources is conducted, and the calculation methods of unbalanced funds are investigated systematically. In detail, the calculation formulas of unbalanced funds are illustrated based on their definition, and a two-track electricity market clearing model is established. Firstly, the concept of the dual-track system is explained, and the specific calculation formulas of various types of unbalanced funds are provided. Next, considering the More >

  • Open Access

    ARTICLE

    Optimal Operation Strategy of Electricity-Hydrogen Regional Energy System under Carbon-Electricity Market Trading

    Jingyu Li1,2, Mushui Wang1,2,*, Zhaoyuan Wu1,3, Guizhen Tian1,2, Na Zhang1,2, Guangchen Liu1,2

    Energy Engineering, Vol.121, No.3, pp. 619-641, 2024, DOI:10.32604/ee.2023.044862 - 27 February 2024

    Abstract Given the “double carbon” objective and the drive toward low-carbon power, investigating the integration and interaction within the carbon-electricity market can enhance renewable energy utilization and facilitate energy conservation and emission reduction endeavors. However, further research is necessary to explore operational optimization methods for establishing a regional energy system using Power-to-Hydrogen (P2H) technology, focusing on participating in combined carbon-electricity market transactions. This study introduces an innovative Electro-Hydrogen Regional Energy System (EHRES) in this context. This system integrates renewable energy sources, a P2H system, cogeneration units, and energy storage devices. The core purpose of this integration… More > Graphic Abstract

    Optimal Operation Strategy of Electricity-Hydrogen Regional Energy System under Carbon-Electricity Market Trading

  • Open Access

    ARTICLE

    Inter-Provincial Transaction Model in Two-Level Electricity Market Considering Carbon Emission and Consumption Responsibility Weights

    Chunlei Jiao1, Hongyan Hao2, Ming Li1,*, Rifucairen Fu1, Yichun Liu3, Shunfu Lin3, Ronghui Liu3

    Energy Engineering, Vol.120, No.10, pp. 2393-2416, 2023, DOI:10.32604/ee.2023.028574 - 28 September 2023

    Abstract In the context of the joint operation of China’s intra-provincial markets and inter-provincial trading, how to meet the load demand and energy consumption using inter-provincial renewable energy trading is a key problem. The combined operation of intra-provincial and inter-provincial markets provides a new way for provincial power companies to optimize and clear the intra-provincial power market, complete the intra-provincial consumption responsibility weight index, and consume renewable energy across provinces and regions. This paper combines power generation and consumption within the province, uses inter-provincial renewable energy trading to meet the load demand within the province and… More >

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