Title

Login

Join

Book's by Anke Weidlich

Covers

List

Engineering Interrelated Electricity Markets

An Agent-Based Computational Approach

By: Anke Weidlich

Write a review Read reviews Take a Quiz Solve Book Puzzle

Engineering Interrelated Electricity Markets

An Agent-Based Computational Approach

By: Anke Weidlich

Due to the characteristics of electricity, power markets rank among the most complex markets operated at present. The requirements of an environmentally sustainable, economically efficient, and secure energy supply have resulted in the emergence of several interrelated markets that have to be carefully engineered in order to ensure efficient market outcomes. This book presents an agent-based simulation model that facilitates electricity market research. Simulation outcomes from this model are validated against price data from German power markets. The results significantly contribute to existing research in agent-based simulation and electricity market modeling, and provide insights into the impact of the market structure and market design on electricity prices. The book addresses researchers, lecturers and students who are interested in applying agent-based simulation to power markets. It provides a thorough discussion of the methodology and helpful details for model implementation.

Average ratings

N/A

5

0%

4

0%

3

0%

2

0%

1

0%

Solve jigsaw puzzle

Age

Page Count

181

Publisher

Springer Science & Business Media

Published Date

ISBN 10

3790820687

ISBN 13

9783790820683

Engineering Interrelated Electricity Markets

An Agent-Based Computational Approach

By: Anke Weidlich

Write a review Read reviews Take a Quiz Solve Book Puzzle

Engineering Interrelated Electricity Markets

An Agent-Based Computational Approach

By: Anke Weidlich

Due to the characteristics of electricity, power markets rank among the most complex markets operated at present. The requirements of an environmentally sustainable, economically efficient, and secure energy supply have resulted in the emergence of several interrelated markets that have to be carefully engineered in order to ensure efficient market outcomes. This book presents an agent-based simulation model that facilitates electricity market research. Simulation outcomes from this model are validated against price data from German power markets. The results significantly contribute to existing research in agent-based simulation and electricity market modeling, and provide insights into the impact of the market structure and market design on electricity prices. The book addresses researchers, lecturers and students who are interested in applying agent-based simulation to power markets. It provides a thorough discussion of the methodology and helpful details for model implementation.

Average ratings

N/A

5

0%

4

0%

3

0%

2

0%

1

0%

Solve jigsaw puzzle

Age

Page Count

174

Publisher

Physica

Published Date

ISBN 10

3790823171

ISBN 13

9783790823172