Peng Wang

About Me

I am a Ph.D. student in Power System at Technical University of Madrid (UPM), supervised by Prof. Luis Badesa. My current research line is “Power system economics with stability guarantees and resilience enhancement”. Before this, I received B.Sc. and M.Sc. degrees in Electrical Engineering from Chongqing University of Posts and Telecommunications (CQUPT), supervised by Prof. Yiwei Ma.

Research Interests

• Power system optimization: Power market, System stability
• Clustering algorithm: Fuzzy c-means, Improved clustering methods

News

• [06. Oct. 2025] Our paper titled “Pricing Short-Circuit Current via a Primal-Dual Formulation for Preserving Integrality Constraints” is now available in arXiv. It is a work for pricing Short-Circuit Current (SCC) services with a new method, and we also analyze the pitfalls of existing pricing methods. Thanks, again, for the time and patience of my supervisor Luis, who contributed a lot to this work! The resources associated can be found below.

• [29. Aug. 2025] My paper titled “Analyzing the Impact of Strategic Bidding on the Reserve Capacity via a Bi-Level Model” for 2026 1st IEEE Power & Energy Society (PES) International Meeting (IM) has been accepted.

• [14. Aug. 2025] Our paper titled “Imperfect Competition in Markets for Short-Circuit Current Services” is now available in arXiv, the first work for checking the market power in Short-Circuit Current (SCC) services. Thanks for the time and patience of my supervisor Luis, who contributed a lot to this work! The resources associated can be found below.

• [01. Apr. 2025] Our paper titled “Analyzing the Role of the DSO in Electricity Trading of VPPs via a Stackelberg Game Model” for 16th IEEE PowerTech Conference in Kiel has been accepted.

• [10. Feb. 2025] Welcome You Wu to our lab, studying as an exchange student from North China Electric Power University. Her research topic is “Bilevel model application in the power market problems: Specifically for Stackelberg games”. Hope we can have some interesting productions. (Supervision: 10. Feb. 2025-30. Jun. 2025)

• [03. Jan. 2025] I have an internship in Tsinghua Sichuan Energy Internet Research Institute, focusing on the power system. (Employment: 03. Jan. 2025-21. Oct. 2025)

• [01. Oct. 2024] I am thrilled to start research about power system as a Ph.D. student in UPM. Hope all will go well!

• [27. Sep. 2024] I am excited to have a one-week internship at State Grid (Changping, Beijing), under the guidance of Dr. Xi, learning the concepts of virtual power plants and games in the power market.

• [10. Aug. 2024] My master thesis has been translated to English using Overleaf, which is a good practice for me to get familiar with this tool. Also a file to remind me to love LEE.

Publications

Thesis

• M.Sc. thesis: Research on Time-of-Use Tariff of New Energy Power System Considering Supply and Demand Uncertainties
      See a brief summary here, detailed thesis here (not official).
  
• B.Sc. thesis: Economic Dispatch of Independent Microgrid Considering Uncertainty of Wind and Solar Power

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