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Energy Sustainability through Retail Electricity Markets - The Power Trading Agent Competition (Power TAC) Experience (1st ed. 2023)
Loot Price: R4,212
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Energy Sustainability through Retail Electricity Markets - The Power Trading Agent Competition (Power TAC) Experience (1st ed. 2023)
Series: Applied Innovation and Technology Management
Expected to ship within 10 - 15 working days
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The world is moving away from demand-driven electricity markets
supplied by centralized generation and distribution of
fossil-fuel-produced electricity. Increasing reliance on
weather-dependent renewable sources will require a shift toward a
supply-driven paradigm, while beneficial electrification, including
widespread adoption of electric vehicles, heat pumps, and batteries
will offer considerable but widely distributed demand flexibility
that can be used to compensate for supply variability. The
open-source Power Trading Agent Competition (Power TAC) platform
simulates a decentralized future, modeling the high complexity of
future retail electricity markets. This book describes a
variety of approaches to profitable trading in realistic wholesale
and retail electricity markets. It presents actionable insights
from extensive exploration of policies and business models for
retail electricity markets gained from a decade of Power TAC
tournaments, and from research inspired by the Power TAC
experience. Featuring contributions from tournament designers,
competitors, and scientists combining best practices from computer
science and economics and management science, this book is of
benefit to academics, researchers, practitioners and policy makers
in sustainable energy and wholesale and retail electricity
markets.Â
General
| Imprint: |
Springer International Publishing AG
|
| Country of origin: |
Switzerland |
| Series: |
Applied Innovation and Technology Management |
| Release date: |
October 2023 |
| First published: |
2023 |
| Editors: |
John Collins
• Wolfgang Ketter
• Andreas L Symeonidis
|
| Dimensions: |
235 x 155mm (L x W) |
| Pages: |
180 |
| Edition: |
1st ed. 2023 |
| ISBN-13: |
978-3-03-139706-6 |
| Categories: |
Books
Promotions
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| LSN: |
3-03-139706-1 |
| Barcode: |
9783031397066 |
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