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 ...
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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.
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Add this copy of Engineering Interrelated Electricity Markets to cart. $29.11, new condition, Sold by Media Smart rated 3.0 out of 5 stars, ships from Hawthorne, CA, UNITED STATES, published 2008 by Physica-Verlag.
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New. Contains: Illustrations, black & white. Contributions to Management Science . XXII, 174 p. 68 illus. Intended for professional and scholarly audience.
Add this copy of Engineering Interrelated Electricity Markets: An Agent to cart. $103.32, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2008 by Physica-Verlag.
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New. Print on demand Sewn binding. Cloth over boards. 174 p. Contains: Illustrations, black & white, Tables, black & white. Contributions to Management Science.
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New. Contains: Illustrations, black & white. Contributions to Management Science . XXII, 174 p. 68 illus. Intended for professional and scholarly audience.
