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
Corporate Author: SpringerLink (Online service)
Other Authors: Lopes, Fernando (Editor), Coelho, Helder (Editor)
Format: e-Book
Language:English
Published: Cham : Springer International Publishing : 2018.
Imprint: Springer,
Edition:1st ed. 2018.
Series:Studies in Systems, Decision and Control, 144
Subjects:
Electric power production.
Computational intelligence.
Energy policy.
Energy and state.
Electrical Power Engineering.
Mechanical Power Engineering.
Computational Intelligence.
Energy Policy, Economics and Management.
Online Access:Full-text access
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.

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