Electricity Markets with Increasing Levels of Renewable Generation: Structure, Operation, Agent-based Simulation, and Emerging Designs
Editors: Lopes, Fernando, Coelho, Helder (Eds.)
Free Preview- Includes recent research on multi-agent energy markets
- Describes the state-of-the-art on the theory and practice of intelligent agents for liberalized energy markets
- Brings together researchers and industry practitioners from the areas of intelligent agents and energy markets
Buy this book
- About this book
-
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.
- About the authors
-
- Reviews
-
“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)
- Table of contents (11 chapters)
-
-
Overview of Wholesale Electricity Markets
Pages 3-21
-
Electricity Markets and Intelligent Agents Part I: Market Architecture and Structure
Pages 23-48
-
Electricity Markets and Intelligent Agents Part II: Agent Architectures and Capabilities
Pages 49-77
-
Market Prices in a Power Market with More Than 50% Wind Power
Pages 81-94
-
Incentivizing Flexibility in System Operations
Pages 95-127
-
Table of contents (11 chapters)
Recommended for you
Bibliographic Information
- Bibliographic Information
-
- Book Title
- Electricity Markets with Increasing Levels of Renewable Generation: Structure, Operation, Agent-based Simulation, and Emerging Designs
- Editors
-
- Fernando Lopes
- Helder Coelho
- Series Title
- Studies in Systems, Decision and Control
- Series Volume
- 144
- Copyright
- 2018
- Publisher
- Springer International Publishing
- Copyright Holder
- Springer International Publishing AG
- eBook ISBN
- 978-3-319-74263-2
- DOI
- 10.1007/978-3-319-74263-2
- Hardcover ISBN
- 978-3-319-74261-8
- Softcover ISBN
- 978-3-319-89273-3
- Series ISSN
- 2198-4182
- Edition Number
- 1
- Number of Pages
- XXVI, 327
- Number of Illustrations
- 2 b/w illustrations, 67 illustrations in colour
- Topics
