Mathematical Modelling of Contemporary Electricity Markets
Book Details
Format
Paperback / Softback
ISBN-10
012821838X
ISBN-13
9780128218389
Publisher
Elsevier Science Publishing Co Inc
Imprint
Academic Press Inc
Country of Manufacture
NL
Country of Publication
GB
Publication Date
Jan 29th, 2021
Print length
442 Pages
Weight
1,214 grams
Dimensions
21.40 x 27.50 x 3.00 cms
Product Classification:
Energy industries & utilitiesEnvironmental policy & protocols
Ksh 18,550.00
Manufactured on Demand
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Mathematical Modelling of Contemporary Electricity Markets reviews major methodologies and tools to accurately analyze and forecast contemporary electricity markets in a ways that is ideal for practitioner and academic audiences. Approaches include optimization, neural networks, genetic algorithms, co-optimization, econometrics, E3 models and energy system models. The work examines how new challenges affect power market modeling, including discussions of stochastic renewables, price volatility, dynamic participation of demand, integration of storage and electric vehicles, interdependence with other commodity markets and the evolution of policy developments (market coupling processes, security of supply). Coverage addresses all major forms of electricity markets: day-ahead, forward, intraday, balancing, and capacity.
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