Engineering interrelated electricity markets : an agent-based computational approach / Anke Weidlich.
Due to the characteristics of electricity, power markets rank among the most complex markets operated at present. The requirements of an environmentally sustainable, economically efficient, and secure energy supply have resulted in the emergence of several interrelated markets that have to be carefu...
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| Main Author: | |
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| Format: | Ebook |
| Language: | English |
| Published: |
Heidelberg :
Physica-Verlag,
[2008]
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| Series: | Contributions to management science.
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| Subjects: | |
| Online Access: | Springer eBooks |
| Summary: | Due to the characteristics of electricity, power markets rank among the most complex markets operated at present. The requirements of an environmentally sustainable, economically efficient, and secure energy supply have resulted in the emergence of several interrelated markets that have to be carefully engineered in order to ensure efficient market outcomes. This book presents an agent-based simulation model that facilitates electricity market research. Simulation outcomes from this model are validated against price data from German power markets. The results significantly contribute to existi. |
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| Physical Description: | 1 online resource. |
| Bibliography: | Includes bibliographical references. |
| ISBN: | 3790820679 3790820687 9783790820676 9783790820683 |