Abstract
Isolated power systems with high shares of renewables can require additional inertia as a complementary resource to assure the system operation in a dynamic safe region. This paper presents a methodology for the day-ahead Unit Commitment/ Economic Dispatch (UC/ED) for low-inertia power systems including dynamic security constraints for key frequency indicators computed by an Artificial Neural-Network (ANN)-supported Dynamic Security Assessment (DSA) tool. The ANN-supported DSA tool infers the system dynamic performance with respect to key frequency indicators following critical disturbances and computes the additional synchronous inertia that brings the system back to its dynamic security region, by dispatching Synchronous Condensers (SC) if required. The results demonstrate the effectiveness of the methodology proposed by enabling the system operation within safe frequency margins for a set of high relevance fault type contingencies while minimizing the additional costs associated with the SC operation.

Abstract
This work models a distributed community-based market with diverse assets (photovoltaic generators and energy storage systems), accounting for network constraints and adopting the relaxed branch flow model. The market is modeled in a single and fully distributed approach, employing the alternating direction method of multipliers (ADMM) to prevent voltage and line capacity problems in the community network and improve data privacy and reduce the communication burden. Different scenarios, based on the penalty term and the agents' number, are tested to study the efficiency of the algorithm and the convergence rate of the ADMM distributed model. The proposed method is tested on 10-bus, 22-bus, and 33-bus medium voltage radial distribution networks, where each node contains a large prosumer with one or several assets. One important conclusion is that the implemented residual balancing technique improves the efficiency of the ADMM distributed algorithm by increasing the convergence rate and reducing the computational time.

Abstract
As prosumers and energy communities gain prominence in power systems, energy trading between prosumers in local P2P markets is paramount. Within this novel market design, peers can directly exchange energy with each other, leading to economic advantages while supporting the decarboniza-tion of the sector. To ensure that voltage and congestion issues are properly addressed, a thorough coordination between the P2P market and the Distribution System Operator is required. This paper presents and compares three mutual-benefit coordination methods. The first method entails applying product differentiation on an iterative basis to avoid exceeding the lines thermal limits, which is performed through penalties on P2P exchanges that may be overloading the network. The second method uses the P2P market with an AC-OPF, ensuring network operation through a flexibility market via upward and downward flexibility. The last one proposes an integrated operation of the P2P market with AC-OPF. All methods are assessed in a typical distribution network with high prosumers integration. The results show that the second method is the one that, fulfilling the network constraints, presents greater social welfare.& COPY; 2023 Elsevier Ltd. All rights reserved.

Abstract
This paper presents a new hybridization approach to improve CEVESA, a multi-zonal hydro-thermal equilibrium model for the joint dispatch of energy and secondary reserve capacity for the Iberian Electricity Market (MIBEL). Like similar fundamental models, CEVESA provides market prices that typically show an average systematic bias compared to real market prices. This is because these models do not always capture the true variable production costs of the generation units or the additional markups that generation companies may include in their pricing strategy. Based on real market outcomes, this paper proposes a new methodology built on a previous hybridization approach that estimated a constant monthly markup per thermal offering unit [1]. This new methodology is based on a functional estimation of the offering unit cost (or bidding price), using as input the initial CEVESA production costs based on the fuel and emissions commodities' prices, correcting the power plants' markup.

Abstract
The new energy policies adopted by the European Union are set to help in the decarbonization of the energy system. In this context, the share of Variable Renewable Energy Sources is growing, affecting electricity markets, and increasing the need for system flexibility to accommodate their volatility. For this reason, legislation and incentives are being developed to engage consumers in the power sector activities and in providing their potential flexibility in the scope of grid system services. This work identifies energy and cross-sector Business Models (BM) centered on or linked to the provision of distributed flexibility to the DSO and TSO, building on those found in previous research projects or from companies' commercial proposals. These BM are described and classified according to the main actor. The remaining actors, their roles, the interactions among them, how value is created by the BM activities and their value propositions are also described.

Abstract
In Walrasian markets, an auctioneer proposes a price to the market participants, who react by revealing the quantities they are willing to buy or sell at this price. The auctioneer then proposes new prices to improve the demand and supply match until the equilibrium is reached. This market, common for stock exchanges, has also been proposed for electricity markets like power electricity exchanges, where iterations among auctioneer and market participants take place before the interval settlement period (ISP) until supply and demand match and a stable price is reached. We propose a Walrasian design for local electricity markets where the iterations between auctioneer and market participants happen in real time, so previous imbalances are used to correct the proposed price for the next ISP. The designs are simulated to test convergence and their capability of achieving efficient dynamic prices.