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Market Design for a High-Renewables Electricity System

Market Design for a High-Renewables Electricity System

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The book provides assessments and evaluations of emerging trends in the electricity markets, with a focus on high-renewables electricity systems. Specifically, various issues are examined, such as wind and solar energy, interconnection, smart meters, smart grids of the future (including their social implications), and peer-to-peer (P2P) electricity trading, which is closely connected to the principle of a sharing economy. The book also contemplates how the market design for a high-renewables electricity system would be different from the classical post-liberalization market design.

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Keywords

  • artificial intelligence
  • battery energy storage system, Q-cube framework
  • bidding strategy
  • Biofuels
  • Biomass
  • Carbon Dioxide
  • clearing algorithm
  • clearing model
  • co-optimization
  • conceptual architecture
  • continuous double auction
  • Czech Republic
  • day ahead market
  • digital platform
  • direct current
  • distributed generation
  • distribution system
  • econometric modeling
  • economic growth
  • Efficiency
  • electrical capacity
  • electricity demand
  • electricity generation
  • electricity market
  • electricity market design
  • electricity markets
  • electricity price
  • emission allowance
  • Émissions
  • Emissions trading
  • Energy consumption
  • Energy Efficiency
  • energy intensity
  • energy market
  • Energy policy
  • energy supply
  • flexibility
  • flexible resources
  • forward market
  • GDP
  • Gross Domestic Product
  • hierarchical cluster analysis
  • husk
  • integrated markets
  • integration of renewable sources
  • Internet of Energy
  • Jatropha curcas
  • local electricity markets
  • local market
  • merit order curve
  • microgrids
  • peer-to-peer
  • photovoltaics
  • power industry
  • Power Sector
  • power system
  • Q-learning algorithm
  • Reference, information & interdisciplinary subjects
  • renewable energy
  • Renewable energy sources
  • RES (renewable energy sources) surcharge
  • Research & information: general
  • reserve allocation
  • seasonal and daily variation
  • Slovakia
  • Smart grid
  • smart metering
  • smart meters
  • speculative trading
  • state policy
  • sustainability
  • Sustainable development
  • system integration
  • system marginal price
  • tariff rates
  • thema EDItEUR::G Reference, Information and Interdisciplinary subjects::GP Research and information: general
  • Time Series Analysis
  • trading mechanism
  • trading platform
  • wholesale market design

Links

DOI: 10.3390/books978-3-03936-257-8

Editions

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