Motivated by airline baggage fees, we consider a service provider offering a main service (e.g., transporting a person) and an ancillary service (e.g., transporting a checked bag) that an individual customer may or may not need. We ask whether the firm should bundle the two services and post a single price or unbundle them and price the ancillary service separately. We consider two motivations ...

Procurement, i.e., the process of obtaining materials or services and managing their inflow into organizations, is a critical process in supply chain management. Internet technologies offer attractive opportunities to reduce purchasing costs while increasing the speed and efficiency of the procurement process through seamless network integration and automated execution of key tasks. This paper ...

This paper addresses the competitive procurement of capacity-based ancillary services (AS) in unbundled markets by the Independent Grid Operator (IGO). These AS include upward frequency control, load following and the range of reserve services, which may be procured from unloaded capacity offered by both on-line and off-line sources. The capacity-based AS are prioritized in order of ascending r...

In this chapter, we propose a method for the utility grid operator and aggregators to coordinate multiple grid-connected electric vehicles (EVs) so as to provide electricpower ancillary services accounting for quality-of-service (QoS) guarantees for EV charging in a multilevel vehicle-to-grid (V2G) system. This method includes applying consensus-algorithm-based distributed control, designing th...

Local Energy Communities (LECs) can facilitate the transition towards sustainable and clean energy system infrastructure. In this work, we construct a novel hierarchical management framework for an LEC equipped with community storage (CES) installation. The proposed two-stage approach involves end-users making self-driven, cost-optimal decisions (first stage) said being further coordinated thro...

Researchers have proposed that fleets of plug-in hybrid vehicles could be used to perform ancillary services for the electric grid. Inmany of these studies, the vehicles are able to accrue revenue for performing these grid stabilization services, which would offset the increased purchase cost of plug-in hybrid vehicles. To date, all such studies have assumed a vehicle command architecture that ...