Engineering Interrelated Electricity Markets - An Agent-Based Computational Approach (Paperback, Softcover reprint of hardcover 1st ed. 2008)

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 existing research in agent-based simulation and electricity market modeling, and provide insights into the impact of the market structure and market design on electricity prices. The book addresses researchers, lecturers and students who are interested in applying agent-based simulation to power markets. It provides a thorough discussion of the methodology and helpful details for model implementation.

General

Imprint:	Physica-Verlag
Country of origin:	Germany
Series:	Contributions to Management Science
Release date:	October 2010
First published:	2008
Authors:	Anke Weidlich
Dimensions:	235 x 155 x 10mm (L x W x T)
Format:	Paperback
Pages:	174
Edition:	Softcover reprint of hardcover 1st ed. 2008
ISBN-13:	978-3-7908-2562-6
Categories:	Books > Professional & Technical > Energy technology & engineering > General Books > Business & Economics > Business & management > Management & management techniques > Operational research Books > Business & Economics > Business & management > Management of specific areas > Research & development management Promotions
LSN:	3-7908-2562-X
Barcode:	9783790825626

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