arXiv Open Access 2016

Agent-based Model for Spot and Balancing Electricity Markets

Florian Kühnlenz Pedro H. J. Nardelli

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Abstrak

We present a simple, yet realistic, agent-based model of an electricity market. The proposed model combines the spot and balancing markets with a resolution of one minute, which enables a more accurate depiction of the physical properties of the power grid. As a test, we compare the results obtained from our simulation to data from Nord Pool.

Topik & Kata Kunci

cs.MA q-fin.GN

Penulis (2)

Florian Kühnlenz

Pedro H. J. Nardelli

Format Sitasi

APA MLA BibTeX

Kühnlenz, F., Nardelli, P.H.J. (2016). Agent-based Model for Spot and Balancing Electricity Markets. https://arxiv.org/abs/1612.04512

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Informasi Jurnal

Tahun Terbit: 2016
Bahasa: en
Sumber Database: arXiv
Akses: Open Access ✓