Electricity Markets with Increasing Levels of Renewable Generation: Structure, Operation, Agent-based Simulation, and Emerging Designs

This book describes the common ground between electricity markets (EMs) and software agents (or artificial intelligence generally). It presents an up-to-date introduction to EMs and intelligent agents, and offers a comprehensive description of the research advances and key achievements related to ex...

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Bibliographic Details
Format: Electronic eBook
Language:English
Published: Cham : Springer International Publishing, 2018.
Edition:1st ed. 2018.
Series:Studies in Systems, Decision and Control, 144
Subjects:
ISBN:9783319742632
ISSN:2198-4182 ;
Online Access: Get full text
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Table of Contents:
  • Overview of Wholesale Electricity Markets
  • Market Prices in a Power Market with more than 50% Wind Power
  • Incentivizing Flexibility in System Operations
  • Requirements for Strategic Reserves in a Liberalized Market with Wind Power
  • Renewable Generation, Support Policies and the Merit Order Effect: A Comprehensive Overview and the Case of Wind Power in Portugal
  • Demand Response in Electricity Markets: An Overview and a Study of the Price-effect on the Iberian Daily Market
  • Multi-Agent Electricity Markets and Smart Grids Simulation with Connection to Real Physical Resources.