Market Design for a High-Renewables Electricity System

The book provides assessments and evaluations of emerging trends in the electricity markets, with a focus on high-renewables electricity systems. Specifically, various issues are examined, such as wind and solar energy, interconnection, smart meters, smart grids of the future (including their social...

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Bibliographic Details
Format: eBook Publication
Language:English
Published: Basel, Switzerland MDPI - Multidisciplinary Digital Publishing Institute 2020
MDPI
Series:Energies
Subjects:
artificial intelligence
battery energy storage system
bidding strategy
biofuels
biomass
carbon dioxide
clearing algorithm
clearing model
co-optimization
conceptual architecture
continuous double auction
Czech Republic
day ahead market
digital platform
direct current
distributed generation
distribution system
econometric modeling
economic growth
efficiency
electrical capacity
electricity demand
electricity generation
electricity market
electricity market design
Electricity markets
electricity price
Elektrizitätswirtschaft
emission allowance
emissions
emissions trading
energy consumption
energy efficiency
energy intensity
energy market
energy policy
energy supply
flexibility
flexible resources
forward market
GDP
gross domestic product
hierarchical cluster analysis
husk
integrated markets
integration of renewable sources
Internet of Energy
Jatropha curcas
local electricity markets
local market
merit order curve
microgrids
Nachhaltige Energieversorgung
peer-to-peer
photovoltaics
power industry
power sector
power system
Q-cube framework
Q-learning algorithm
Reference, Information and Interdisciplinary subjects
renewable energy
renewable energy sources
RES (renewable energy sources) surcharge
Research and information: general
reserve allocation
seasonal and daily variation
Share Economy
Slovakia
smart grid
smart metering
smart meters
speculative trading
state policy
Strommarkt
Strukturwandel
sustainability
sustainable development
system integration
system marginal price
tariff rates
time series analysis
trading mechanism
trading platform
wholesale market design
ISBN:3039362569, 3039362577, 9783039362561, 9783039362578
Online Access:Get full text
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Summary:The book provides assessments and evaluations of emerging trends in the electricity markets, with a focus on high-renewables electricity systems. Specifically, various issues are examined, such as wind and solar energy, interconnection, smart meters, smart grids of the future (including their social implications), and peer-to-peer (P2P) electricity trading, which is closely connected to the principle of a sharing economy. The book also contemplates how the market design for a high-renewables electricity system would be different from the classical post-liberalization market design.
ISBN:3039362569
3039362577
9783039362561
9783039362578
DOI:10.3390/books978-3-03936-257-8