Electricity Markets with Increasing Levels of Renewable Generation: Structure, Operation, Agent-based Simulation, and Emerging Designs Softcover reprint of the original 1st ed. 2018
Electricity Markets with Increasing Levels of Renewable Generation: Structure, Operation, Agent-based Simulation, and Emerging Designs Softcover reprint of the original 1st ed. 2018 [Minkštas viršelis]
Formatas: Paperback / softback, 327 pages, aukštis x plotis: 235x155 mm, weight: 545 g, 67 Illustrations, color; 2 Illustrations, black and white; XXVI, 327 p. 69 illus., 67 illus. in color., 1 Paperback / softback
Formatas: Paperback / softback, 327 pages, aukštis x plotis: 235x155 mm, weight: 545 g, 67 Illustrations, color; 2 Illustrations, black and white; XXVI, 327 p. 69 illus., 67 illus. in color., 1 Paperback / softback
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 existing and emerging market designs to reliably and efficiently manage the potential challenges of variable generation (VG). Most EMs are unique in their complex relationships between economics and the physics of energy, but were created without the notion that large penetrations of variable generation (VG) would be part of the supply mix. An advanced multi-agent approach simulates the behavior of power markets over time, particularly markets with large-scale penetrations of renewable resources.
It is intended as a reference book for researchers, academics and industry practitioners, but given the scope of the chapters and the highly accessible style, the book also provides a coherent foundation for several different graduate courses.
Recenzijos
The book explores in depth the intersection between electricity markets and multi-agent systems. To the best of our knowledge this is the first single volume that tries to achieve this, having a large scope, from more traditional to emerging electricity markets and from market design to agent-based simulation. (Georgios Martinopoulos, Energy, Vol. 186, November, 2019)
Part I Electricity Markets and Autonomous Computational Agents
1 Overview of Wholesale Electricity Markets
3
(20)
Erik Ela
Michael Milligan
Aaron Bloom
Jaquelin Cochran
Audun Botterud
Aaron Townsend
Todd Levin
2 Electricity Markets and Intelligent Agents---Part I: Market Architecture and Structure
23
(26)
Fernando Lopes
3 Electricity Markets and Intelligent Agents---Part II: Agent Architectures and Capabilities
49
(32)
Fernando Lopes
Helder Coelho
Part II Electricity Markets with Large Penetrations of Variable Generation: Current and Emerging Designs
4 Market Prices in a Power Market with More Than 50% Wind Power
81
(14)
Klaus Skytte
Poul Erik Grohnheit
5 Incentivizing Flexibility in System Operations
95
(34)
Erik Ela
Michael Milligan
Aaron Bloom
Audun Botterud
Aaron Townsend
Todd Levin
6 Long-Term Resource Adequacy, Long-Term Flexibility Requirements, and Revenue Sufficiency
129
(36)
Erik Ela
Michael Milligan
Aaron Bloom
Audun Botterud
Aaron Townsend
Todd Levin
7 Requirements for Strategic Reserves in a Liberalized Market with Wind Power
165
(24)
Lennart Soder
Part III Agent-based Simulation of Electricity Markets with Increasing Levels of Variable Generation: Traditional and New Design Elements
8 MATREM: An Agent-Based Simulation Tool for Electricity Markets
189
(38)
Fernando Lopes
9 Renewable Generation, Support Policies and the Merit Order Effect: A Comprehensive Overview and the Case of Wind Power in Portugal
227
(38)
Fernando Lopes
Joao Sa
Joao Santana
10 Demand Response in Electricity Markets: An Overview and a Study of the Price-Effect on the Iberian Daily Market
265
(40)
Fernando Lopes
Hugo Algarvio
11 Multi-agent Electricity Markets and Smart Grids Simulation with Connection to Real Physical Resources
