Electricity Markets with Increasing Levels of Renewable Generation: Structure, Operation, Agentbased Simulation, and Emerging D,Used

Electricity Markets with Increasing Levels of Renewable Generation: Structure, Operation, Agentbased Simulation, and Emerging D,Used

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SKU: DADAX3319892738
Brand: Springer
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This book describes the common ground between electricity markets (EMs) and software agents (or artificial intelligence generally). It presents an uptodate 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 multiagent approach simulates the behavior of power markets over time, particularly markets with largescale 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 accessiblestyle, the book also provides a coherent foundation for several different graduate courses.

⚠️ WARNING (California Proposition 65):

This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.

For more information, please visit www.P65Warnings.ca.gov.

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