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Electricity Markets with Increasing Levels of Renewable Generation
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Electricity Markets with Increasing Levels of Renewable Generation

1st ed. 2018

Book Details

Format Hardback or Cased Book
ISBN-10 3319742612
ISBN-13 9783319742618
Edition 1st ed. 2018
Publisher Springer International Publishing AG
Imprint Springer International Publishing AG
Country of Manufacture GB
Country of Publication GB
Publication Date Feb 23rd, 2018
Print length 327 Pages
Weight 694 grams
Dimensions 17.40 x 24.70 x 2.50 cms
Ksh 27,000.00
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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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