Energy Sustainability through Retail Electricity Markets

The Power Trading Agent Competition (Power TAC) Experience de

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Éditeur :

Springer


Collection :

Applied Innovation and Technology Management

Paru le : 2023-11-14

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Description

The world is moving away from demand-driven electricity markets supplied by centralized generation and distribution of fossil-fuel-produced electricity. Increasing reliance on weather-dependent renewable sources will require a shift toward a supply-driven paradigm, while beneficial electrification, including widespread adoption of electric vehicles, heat pumps, and batteries will offer considerable but widely distributed demand flexibility that can be used to compensate for supply variability. The open-source Power Trading Agent Competition (Power TAC) platform simulates a decentralized future, modeling the high complexity of future retail electricity markets. 


This book describes a variety of approaches to profitable trading in realistic wholesale and retail electricity markets. It presents actionable insights from extensive exploration of policies and business models for retail electricity markets gained from a decade of Power TAC tournaments, and from research inspired by the Power TAC experience. Featuring contributions from tournament designers, competitors, and scientists combining best practices from computer science and economics and management science, this book is of benefit to academics, researchers, practitioners and policy makers in sustainable energy and wholesale and retail electricity markets. 

Pages
235 pages
Collection
Applied Innovation and Technology Management
Parution
2023-11-14
Marque
Springer
EAN papier
9783031397066
EAN PDF
9783031397073

Informations sur l'ebook
Nombre pages copiables
2
Nombre pages imprimables
23
Taille du fichier
7987 Ko
Prix
158,24 €
EAN EPUB
9783031397073

Informations sur l'ebook
Nombre pages copiables
2
Nombre pages imprimables
23
Taille du fichier
20767 Ko
Prix
158,24 €