Mathematical modelling of contemporary electricity markets /

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,...

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Bibliographic Details
Corporate Author: ScienceDirect (Online service)
Other Authors: Dagoumas, Athanasios
Format: eBook
Language:English
Published: London : Academic Press, 2021.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary: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. --
Item Description:Includes index.
Physical Description:1 online resource
ISBN:9780128218396
0128218398
012821838X
9780128218389