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Electricity Markets with Increasing Levels of Renewable Generation: Structure, Operation, Agent-based Simulation, and Emerging Designs (Hardcover, 1st ed. 2018)
Loot Price: R5,386
Discovery Miles 53 860
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Electricity Markets with Increasing Levels of Renewable Generation: Structure, Operation, Agent-based Simulation, and Emerging Designs (Hardcover, 1st ed. 2018)
Series: Studies in Systems, Decision and Control, 144
Expected to ship within 10 - 15 working days
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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.
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