Market Design for a High-Renewables Electricity System
Market Design for a High-Renewables Electricity System
- Basel, Switzerland MDPI - Multidisciplinary Digital Publishing Institute 2020
- 1 online resource (328 p.)
Open Access
The book provides assessments and evaluations of emerging trends in the electricity markets, with a focus on high-renewables electricity systems. Specifically, various issues are examined, such as wind and solar energy, interconnection, smart meters, smart grids of the future (including their social implications), and peer-to-peer (P2P) electricity trading, which is closely connected to the principle of a sharing economy. The book also contemplates how the market design for a high-renewables electricity system would be different from the classical post-liberalization market design.
Creative Commons
English
9783039362561 9783039362578 books978-3-03936-257-8
10.3390/books978-3-03936-257-8 doi
Research & information: general
artificial intelligence battery energy storage system, Q-cube framework bidding strategy biofuels biomass carbon dioxide clearing algorithm clearing model co-optimization conceptual architecture continuous double auction Czech Republic day ahead market digital platform direct current distributed generation distribution system econometric modeling economic growth efficiency electrical capacity electricity demand electricity generation electricity market electricity market design Electricity markets electricity price emission allowance emissions emissions trading energy consumption energy efficiency energy intensity energy market energy policy energy supply flexibility flexible resources forward market GDP gross domestic product hierarchical cluster analysis husk integrated markets integration of renewable sources Internet of Energy Jatropha curcas local electricity markets local market merit order curve microgrids peer-to-peer photovoltaics power industry power sector power system Q-learning algorithm renewable energy renewable energy sources RES (renewable energy sources) surcharge reserve allocation seasonal and daily variation Slovakia smart grid smart metering smart meters speculative trading state policy sustainability sustainable development system integration system marginal price tariff rates time series analysis trading mechanism trading platform wholesale market design
Open Access
The book provides assessments and evaluations of emerging trends in the electricity markets, with a focus on high-renewables electricity systems. Specifically, various issues are examined, such as wind and solar energy, interconnection, smart meters, smart grids of the future (including their social implications), and peer-to-peer (P2P) electricity trading, which is closely connected to the principle of a sharing economy. The book also contemplates how the market design for a high-renewables electricity system would be different from the classical post-liberalization market design.
Creative Commons
English
9783039362561 9783039362578 books978-3-03936-257-8
10.3390/books978-3-03936-257-8 doi
Research & information: general
artificial intelligence battery energy storage system, Q-cube framework bidding strategy biofuels biomass carbon dioxide clearing algorithm clearing model co-optimization conceptual architecture continuous double auction Czech Republic day ahead market digital platform direct current distributed generation distribution system econometric modeling economic growth efficiency electrical capacity electricity demand electricity generation electricity market electricity market design Electricity markets electricity price emission allowance emissions emissions trading energy consumption energy efficiency energy intensity energy market energy policy energy supply flexibility flexible resources forward market GDP gross domestic product hierarchical cluster analysis husk integrated markets integration of renewable sources Internet of Energy Jatropha curcas local electricity markets local market merit order curve microgrids peer-to-peer photovoltaics power industry power sector power system Q-learning algorithm renewable energy renewable energy sources RES (renewable energy sources) surcharge reserve allocation seasonal and daily variation Slovakia smart grid smart metering smart meters speculative trading state policy sustainability sustainable development system integration system marginal price tariff rates time series analysis trading mechanism trading platform wholesale market design