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.
View Article and Find Full Text PDFA reliable supply with electric power is vital for our society. Transmission line failures are among the biggest threats for power grid stability as they may lead to a splitting of the grid into mutual asynchronous fragments. New conceptual methods are needed to assess system stability that complement existing simulation models.
View Article and Find Full Text PDFUrban transport systems are gaining in importance, as an increasing share of the global population lives in cities and mobility-based carbon emissions must be reduced to mitigate climate change and improve air quality and citizens' health. As a result, public transport systems are prone to congestion, raising the question of how to optimize them to cope with this challenge. In this paper, we analyze the optimal design of urban transport networks to minimize the average travel time in monocentric as well as in polycentric cities.
View Article and Find Full Text PDFBoth human-made and natural supply systems, such as power grids and leaf venation networks, are built to operate reliably under changing external conditions. Many of these spatial networks exhibit community structures. Here, we show that a relatively strong connectivity between the parts of a network can be used to define a different class of communities: dual communities.
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