Patterns and correlations in European electricity prices.

Electricity markets are central to the coordination of power generation and demand. The European power system is divided into several bidding zones, each having an individual electricity market price. While individual price time series have been intensively studied in recent years, spatiotemporal aspects have received little attention. This article provides a comprehensive data-centric analysis of the patterns and correlations of the European day-ahead electricity prices between 2019 and 2023, characteristically abnormal due to the energy crisis in Europe. We identify the dominant communities of bidding zones and show that spatial differences can be described with very few principal components. Most bidding zones in Continental Europe were brought together during the energy crisis: Correlations increased, and the number of relevant principal components decreased. Opposite effects occur in the Nordic countries and the Iberian Peninsula where correlations decrease and communities fragment.

Dynamic stability of electric power grids: Tracking the interplay of the network structure, transmission losses, and voltage dynamics.

Dynamic stability is imperative for the operation of the electric power system. This article provides analytical results and effective stability criteria focusing on the interplay of network structures and the local dynamics of synchronous machines. The results are based on an extensive linear stability analysis of the third-order model for synchronous machines, comprising the classical power-swing equations and the voltage dynamics. The article addresses the impact of Ohmic losses, which are important in distribution and microgrids but often neglected in analytical studies. We compute the shift of the stability boundaries to leading order, and thus provide a detailed qualitative picture of the impact of Ohmic losses. A subsequent numerical study of the criteria is presented, without and with resistive terms, to test how tight the derived analytical results are.

Arbitrary-Order Finite-Time Corrections for the Kramers-Moyal Operator.

With the aim of improving the reconstruction of stochastic evolution equations from empirical time-series data, we derive a full representation of the generator of the Kramers-Moyal operator via a power-series expansion of the exponential operator. This expansion is necessary for deriving the different terms in a stochastic differential equation. With the full representation of this operator, we are able to separate finite-time corrections of the power-series expansion of arbitrary order into terms with and without derivatives of the Kramers-Moyal coefficients. We arrive at a closed-form solution expressed through conditional moments, which can be extracted directly from time-series data with a finite sampling intervals. We provide all finite-time correction terms for parametric and non-parametric estimation of the Kramers-Moyal coefficients for discontinuous processes which can be easily implemented-employing Bell polynomials-in time-series analyses of stochastic processes. With exemplary cases of insufficiently sampled diffusion and jump-diffusion processes, we demonstrate the advantages of our arbitrary-order finite-time corrections and their impact in distinguishing diffusion and jump-diffusion processes strictly from time-series data.

Open database analysis of scaling and spatio-temporal properties of power grid frequencies.

The electrical energy system has attracted much attention from an increasingly diverse research community. Many theoretical predictions have been made, from scaling laws of fluctuations to propagation velocities of disturbances. However, to validate any theory, empirical data from large-scale power systems are necessary but are rarely shared openly. Here, we analyse an open database of measurements of electric power grid frequencies across 17 locations in 12 synchronous areas on three continents. The power grid frequency is of particular interest, as it indicates the balance of supply and demand and carries information on deterministic, stochastic, and control influences. We perform a broad analysis of the recorded data, compare different synchronous areas and validate a previously conjectured scaling law. Furthermore, we show how fluctuations change from local independent oscillations to a homogeneous bulk behaviour. Overall, the presented open database and analyses constitute a step towards more shared, collaborative energy research.

Analysis and data-driven reconstruction of bivariate jump-diffusion processes.

We introduce the bivariate jump-diffusion process, consisting of two-dimensional diffusion and two-dimensional jumps, that can be coupled to one another. We present a data-driven, nonparametric estimation procedure of higher-order (up to 8) Kramers-Moyal coefficients that allows one to reconstruct relevant aspects of the underlying jump-diffusion processes and to recover the underlying parameters. The procedure is validated with numerically integrated data using synthetic bivariate time series from continuous and discontinuous processes. We further evaluate the possibility of estimating the parameters of the jump-diffusion model via data-driven analyses of the higher-order Kramers-Moyal coefficients, and the limitations arising from the scarcity of points in the data or disproportionate parameters in the system.

Complexity and irreducibility of dynamics on networks of networks.

We study numerically the dynamics of a network of all-to-all-coupled, identical sub-networks consisting of diffusively coupled, non-identical FitzHugh-Nagumo oscillators. For a large range of within- and between-network couplings, the network exhibits a variety of dynamical behaviors, previously described for single, uncoupled networks. We identify a region in parameter space in which the interplay of within- and between-network couplings allows for a richer dynamical behavior than can be observed for a single sub-network. Adjoining this atypical region, our network of networks exhibits transitions to multistability. We elucidate bifurcations governing the transitions between the various dynamics when crossing this region and discuss how varying the couplings affects the effective structure of our network of networks. Our findings indicate that reducing a network of networks to a single (but bigger) network might not be accurate enough to properly understand the complexity of its dynamics.

Rotor-angle versus voltage instability in the third-order model for synchronous generators.

We investigate the interplay of rotor-angle and voltage stability in electric power systems. To this end, we carry out a local stability analysis of the third-order model which entails the classical power-swing equations and the voltage dynamics. We provide necessary and sufficient stability conditions and investigate different routes to instability. For the special case of a two-bus system, we analytically derive a global stability map.