Market Design for a High-Renewables Electricity System
Material type:
TextLanguage: English Publication details: Basel, Switzerland MDPI - Multidisciplinary Digital Publishing Institute 2020Description: 1 online resource (328 p.)Content type: - text
- computer
- online resource
- 9783039362561
- 9783039362578
- books978-3-03936-257-8
- 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 Unrestricted online access star
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.
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