Zuyi Li, Ph.D.

Associate Professor
Associate Director, Robert W. Galvin Center for Electricity Innovation

Office: Siegel Hall 223
3301 South Dearborn Chicago, IL 60616

Phone: 312.567.5259
Fax: 312.567.8976
Email: lizu@iit.edu
Web:

Expertise

Market operation of electric power systems, including load forecasting, price forecasting, price-based unit commitment (PBUC), security-constrained unit commitment (SCUC), arbitrage in electricity market, market power analysis and risk management, ancillary services auction, transmission pricing.

Education

B.S., EE, Shanghai Jiaotong University, 1995
M.S., EE, Tsinghua University, 1998
Ph.D., EE, Illinois Institute of Technology, 2002

Research

Dr. Li joined the IIT faculty in August of 2004. His research focuses on market operation and wide area protection of electric power system, including load forecasting, price forecasting, price-based unit commitment (PBUC), security-constrained unit commitment (SCUC), arbitrage in electricity market, market power analysis and risk management, ancillary services auction, transmission pricing.

Current Projects

Awards/Honors

Patents

Books

Selected Publications

H. KhorashadiZadeh and Zuyi Li, “An ANN Based Approach to Improve the Distance Relaying Algorithm,” Turkish Journal of Electrical Engineering & Computer Sciences, Vol. 14, pp. 345-354, 2006

Zuyi Li and J. Guo, “Understanding the aging electricity infrastructure,” IEEE Power and Energy Magazine, Vol. 4, No. 3, pp. 44-51, May-June 2006

Y. Fu, M. Shahidehpour, and Zuyi Li, “AC contingency dispatch based on security-constrained unit commitment,” IEEE Transactions on Power System, Vol. 21, No. 2, pp. 897-908, May 2006

Y. Fu, M. Shahidehpour, and Zuyi Li, “Long-term security-constrained unit commitment: hybrid Dantzig-Wolfe decomposition and subgradient approach,” IEEE Transactions on Power System, Vol. 20, No. 4, pp. 2093-2106, November 2005

Zuyi Li, “Natural gas for generation: a solution or a problem?” IEEE Power and Energy Magazine, Vol. 3, No. 4, pp. 16-21, July-August 2005

Y. Fu, M. Shahidehpour, and Zuyi Li, “Security-constrained unit commitment with AC constraints,” IEEE Transactions on Power System, Vol. 20, No. 3, pp. 1538-1550, August 2005

Zuyi Li and M. Shahidehpour, “Security-constrained unit commitment for simultaneous clearing of energy and ancillary services markets,” IEEE Transactions on Power System, Vol. 20, No. 2, pp. 1079-1088, May 2005

T. Li, M. Shahidehpour, and Zuyi Li, “Bidding strategy for FTR obligations in transmission markets,” IEE Proceedings - Generation, Transmission and Distribution, Vol. 152, No. 3, pp. 422-428, May 2005

B. Lu, Zuyi Li, and M. Shahidehpour, “Impact of Phase Shifters on Locational Prices,” ASCE Journal of Energy Engineering, Vol. 131, No. 1, pp. 52-71, April 2005

Y. Fu, Zuyi Li, and M. Shahidehpour, “Profit-based generation resource planning,” The IMA Journal of Management Mathematics, Vol. 15, No. 4, pp. 273-289, October 2004

H. Yamin, M. Shahidehpour, and Zuyi Li, “Adaptive short-term electricity price forecasting using artificial neural networks in the restructured power markets,” International Journal of Electrical Power and Energy System, Vol. 26, No. 8, pp. 571-581, October 2004

H. Yamin, M. Shahidehpour, and Zuyi Li, “Bidding strategies using price based unit commitment in a deregulated power market,” Electric Power Components and Systems, Vol. 32, No. 3, pp. 229-245, March 2004

Zuyi Li and M. Shahidehpour, “Generation scheduling with thermal stress constraints”, IEEE Transactions on Power System, Vol. 18, No. 2, pp. 1402-1409, May 2003

M. Shahidehpour, H. Yamin, and Zuyi Li, “Market Operations in Electric Power Systems”, John Wiley & Sons, Inc., February 2002