Development of an agent-based model to analyse the effect of renewable energy on electricity markets

نویسندگان

  • Massimo Genoese
  • Frank Sensfuß
  • Anke Weidlich
  • Dominik Möst
  • Otto Rentz
چکیده

In this paper we present a bottom-up modelling approach of electric power and CO2-certificate markets including a detailed modelling of renewables using agent-based simulation: The PowerACE model. It has been developed at the Institute for Industrial Production, the Chair for Information Management and Systems (University of Karlsruhe) and the Fraunhofer Institute for Systems and Innovation Research. The market players of the German electricity market are modelled as independent entities. It is well suited to consider different strategies of market players and testing different market mechanisms.

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Optimal Decision Making Framework of an Electric Vehicle Aggregator in Future and Pool markets

Electric vehicle (EV) aggregator, as an agent between the electricity market and EV owners, participates in the future and pool market to supply EVs’ requirement. Because of the uncertain nature of pool prices and EVs’ behaviour, this paper proposed a two-stage scenario-based model to obtain optimal decision making of an EV aggregator. To deal with mentioned uncertainties, the aggregator’s risk...

متن کامل

Development of Reinforcement Learning Algorithm to Study the Capacity Withholding in Electricity Energy Markets

This paper addresses the possibility of capacity withholding by energy producers, who seek to increase the market price and their own profits. The energy market is simulated as an iterative game, where each state game corresponds to an hourly energy auction with uniform pricing mechanism. The producers are modeled as agents that interact with their environment through reinforcement learning (RL...

متن کامل

Simulating the Expansion of Renewable Electricity Generation in Germany- an Agent-based Approach-

The German support for renewable electricity generation has lead to a very dynamic growth of the installed capacity. This paper presents a new approach to the simulation of the development of renewable electricity generation which is based on the concept of agent-based simulation. In a case study a first version of the developed simulation platform is applied to analyse the impact of soft loans...

متن کامل

Should Indians Pay more for Renewable Energy Based Electricity? - The Need for Evidence Based Consumer Tariffs for Electricity in India

India seeks to achieve 175 Giga-Watt (GW) of Renewable power by 2022. As of December 2017, out of 333 GW of total installed capacity of electricity, close to 62GW come from renewable sources. Meeting the set targets calls for augmentation of renewable energy based capacities as expeditiously as possible. However, the sick financial health of the distribution companies/utilities, who act a...

متن کامل

Finding the Minimum Distance from the National Electricity Grid for the Cost-Effective Use of Diesel Generator-Based Hybrid Renewable Systems in Iran

The electricity economy and its excessive consumption have become one of the main concerns of the Iranian government for many years. This issue, along with recent droughts, shows the need to use renewable energy that is free and clean and does not require water. In addition, due to the high cost of cable-laying and maintenance of power lines, it is not at all an option at all distances over the...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2005