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.
| ISBN: | 9783790825626 |
| Publication date: | 21st October 2010 |
| Author: | Anke Weidlich |
| Publisher: | Physica an imprint of Physica-Verlag HD |
| Format: | Paperback |
| Pagination: | 174 pages |
| Series: | Contributions to Management Science |
| Genres: |
Electrical engineering Management decision making Operational research Business innovation The environment Energy technology and engineering |
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.
Engineering Interrelated Electricity Markets features in the following genres: Electrical engineering, Management decision making, Operational research, Business innovation, The environment, Energy technology and engineering
Paperback, Hardback. Not Available.
Engineering Interrelated Electricity Markets was written by Anke Weidlich and published by Physica an imprint of Physica-Verlag HD
Engineering Interrelated Electricity Markets has 174 pages
Yes it is part of Contributions to Management Science series