Mathematical Modelling of Contemporary Electricity Markets (Paperback) (ISBN-13: 9780128218389)

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.

Author: Athanasios Dagoumas
ISBN-10: 012821838X
ISBN-13: 9780128218389
Publisher: Academic Press
Language: English
Published: 01/29/2021
Pages: 442
Format: Paperback
Weight: 2.25lbs
Size: 11.00h x 8.50w x 0.90d