On the Feasibility of Market Manipulation and Energy Storage Arbitrage via Load-Altering Attacks

Ospina Casas, Juan Jose; Fobes, David M.; Bent, Russell Whitford

doi:10.3390/en16041670

Title: On the Feasibility of Market Manipulation and Energy Storage Arbitrage via Load-Altering Attacks

Journal Article · Tue Feb 07 00:00:00 EST 2023 · Energies

DOI:https://doi.org/10.3390/en16041670· OSTI ID:1957934

^[1];

^[1]

Los Alamos National Lab. (LANL), Los Alamos, NM (United States)

Around the globe, electric power networks are transforming into complex cyber–physical energy systems (CPES) due to the accelerating integration of both information and communication technologies (ICT) and distributed energy resources. While this integration improves power grid operations, the growing number of Internet-of-Things (IoT) controllers and high-wattage appliances being connected to the electric grid is creating new attack vectors, largely inherited from the IoT ecosystem, that could lead to disruptions and potentially energy market manipulation via coordinated load-altering attacks (LAAs). In this article, we explore the feasibility and effects of a realistic LAA targeted at IoT high-wattage loads connected at the distribution system level, designed to manipulate local energy markets and perform energy storage (ES) arbitrage. Realistic integrated transmission and distribution (T&D) systems are used to demonstrate the effects that LAAs have on locational marginal prices at the transmission level and in distribution systems adjacent to the targeted network.

View Accepted Manuscript (DOE)

Cite

Export

Save

Research Organization:: Los Alamos National Laboratory (LANL), Los Alamos, NM (United States)

Sponsoring Organization:: USDOE Office of Electricity (OE); USDOE National Nuclear Security Administration (NNSA)

Grant/Contract Number:: 89233218CNA000001

OSTI ID:: 1957934

Report Number(s):: LA-UR-22-32848

Journal Information:: Energies, Vol. 16, Issue 4; ISSN 1996-1073

Publisher:: MDPICopyright Statement

Country of Publication:: United States

Language:: English

References (19)

Ensuring the Stability of Power Systems Against Dynamic Load Altering Attacks: A Robust Control Scheme Using Energy Storage Systems Germana, Roberto; Giuseppi, Alessandro; Di Giorgio, Alessandro 2020 European Control Conference (ECC) https://doi.org/10.23919/ECC51009.2020.9143620	conference	May 2020
Locational marginal pricing basics for restructured wholesale power markets Liu, Haifeng; Tesfatsion, Leigh; Chowdhury, A. A. 2009 IEEE Power & Energy Society General Meeting https://doi.org/10.1109/PES.2009.5275503	conference	July 2009
A Reduced Electrically-Equivalent Model of the IEEE European Low Voltage Test Feeder Khan, Maman Ahmad; Hayes, Barry P. 2022 IEEE Power & Energy Society General Meeting (PESGM) https://doi.org/10.1109/PESGM48719.2022.9916806	conference	July 2022
Modern Grid Initiative Distribution Taxonomy Final Report Schneider, Kevin P.; Chen, Yousu; Chassin, David P. https://doi.org/10.2172/1040684	report	November 2008
Load-Altering Attacks Against Power Grids Under COVID-19 Low-Inertia Conditions Lakshminarayana, Subhash; Ospina, Juan; Konstantinou, Charalambos IEEE Open Access Journal of Power and Energy, Vol. 9 https://doi.org/10.1109/OAJPE.2022.3155973	journal	January 2022
Three-phase AC optimal power flow based distribution locational marginal price Yang, Rui; Zhang, Yingchen 2017 IEEE Power & Energy Society Innovative Smart Grid Technologies Conference (ISGT) https://doi.org/10.1109/ISGT.2017.8086032	conference	April 2017
Cyber-Physical Energy Systems Security: Threat Modeling, Risk Assessment, Resources, Metrics, and Case Studies Zografopoulos, Ioannis; Ospina, Juan; Liu, Xiaorui IEEE Access, Vol. 9 https://doi.org/10.1109/ACCESS.2021.3058403	journal	January 2021
Transactive Energy to Thwart Load Altering Attacks on Power Distribution Systems Yankson, Samuel; Ghamkhari, Mahdi Future Internet, Vol. 12, Issue 1 https://doi.org/10.3390/fi12010004	journal	December 2019
Data‐driven detection and identification of IoT‐enabled load‐altering attacks in power grids Lakshminarayana, Subhash; Sthapit, Saurav; Jahangir, Hamidreza IET Smart Grid, Vol. 5, Issue 3 https://doi.org/10.1049/stg2.12066	journal	April 2022
Cost Projections for Utility-Scale Battery Storage: 2021 Update Cole, Wesley; Frazier, A.; Augustine, Chad https://doi.org/10.2172/1786976	report	June 2021
Policing Market Manipulation: A Review of Evolving Federal Energy Regulatory Commission Policy Haskell, Mark R.; McAllister, Levi The Electricity Journal, Vol. 24, Issue 2 https://doi.org/10.1016/j.tej.2011.01.011	journal	March 2011
Protecting the Grid Against MAD Attacks Soltan, Saleh; Mittal, Prateek; Poor, H. Vincent IEEE Transactions on Network Science and Engineering, Vol. 7, Issue 3 https://doi.org/10.1109/TNSE.2019.2922131	journal	July 2020
Monitoring and Mitigation of Market Manipulation in Redispatch Markets Kloters, Johannes; Neumann, Christoph; Hein, Lukas 2022 18th International Conference on the European Energy Market (EEM) https://doi.org/10.1109/EEM54602.2022.9921016	conference	September 2022
Public Plug-in Electric Vehicles + Grid Data: Is a New Cyberattack Vector Viable? Acharya, Samrat; Dvorkin, Yury; Karri, Ramesh IEEE Transactions on Smart Grid, Vol. 11, Issue 6 https://doi.org/10.1109/TSG.2020.2994177	journal	November 2020
On the Feasibility of Load-Changing Attacks in Power Systems During the COVID-19 Pandemic Ospina, Juan; Liu, Xiaorui; Konstantinou, Charalambos IEEE Access, Vol. 9 https://doi.org/10.1109/ACCESS.2020.3047374	journal	January 2021
Transactive Energy to Guard against a Zero-Day Load Altering Attack on Power Distribution Systems Yankson, Samuel; Ghamkhari, Mahdi 2019 IEEE 7th International Conference on Smart Energy Grid Engineering (SEGE) https://doi.org/10.1109/SEGE.2019.8859794	conference	August 2019
Modeling and Rapid Prototyping of Integrated Transmission-Distribution OPF Formulations with PowerModelsITD.jl Ospina, Juan; Fobes, David M.; Bent, Russell IEEE Transactions on Power Systems https://doi.org/10.1109/TPWRS.2023.3234725	journal	January 2023
Sampling-Based Model Predictive Control of PV-Integrated Energy Storage System Considering Power Generation Forecast and Real-Time Price Ospina, Juan; Gupta, Nikhil; Newaz, Alvi IEEE Power and Energy Technology Systems Journal, Vol. 6, Issue 4 https://doi.org/10.1109/JPETS.2019.2935703	journal	December 2019
Dynamic Load Altering Attacks Against Power System Stability: Attack Models and Protection Schemes Amini, Sajjad; Pasqualetti, Fabio; Mohsenian-Rad, Hamed IEEE Transactions on Smart Grid, Vol. 9, Issue 4 https://doi.org/10.1109/TSG.2016.2622686	journal	July 2018

Similar Records

Understanding Impacts of Data Integrity Attacks on Transactive Control Systems

Conference · Thu May 07 00:00:00 EDT 2020 · OSTI ID:1957934

Pal, Seemita; Biswas, Shuchismita; Sridhar, Siddharth; +3 more

Cybersecurity Certification Recommendations for Interconnected Grid Edge Devices and Inverter Based Resources

Technical Report · Mon Nov 15 00:00:00 EST 2021 · OSTI ID:1957934

Hupp, William; Saleem, Danish; Peterson, Jordan T.; +1 more

Detection of DoS Attacks Using ARFIMA Modeling of GOOSE Communication in IEC 61850 Substations

Journal Article · Thu Oct 01 00:00:00 EDT 2020 · Energies · OSTI ID:1957934

Elbez, Ghada; Keller, Hubert B.; Bohara, Atul; +2 more

Related Subjects

25 ENERGY STORAGE
AC optimal power flow
energy arbitrage
load-altering attack
market manipulation
nonlinear optimization

Title: On the Feasibility of Market Manipulation and Energy Storage Arbitrage via Load-Altering Attacks

Citation Formats

References (19)

Similar Records

Related Subjects