Mathematical Modelling of Contemporary Electricity Markets
Coordonnateur : Dagoumas Athanasios
Part 1: Modelling market fundamentals of electricity markets 1. Forecasting energy demand with econometrics 2. An econometric approach for Germany’s short-term energy demand forecasting 3. A novel adaptive day-ahead load forecast method, incorporating non-metered distributed generation: a comparison of selected European countries 4. Use probabilistic forecasting to model uncertainties in electricity markets - a wind power example 5. Forecasting week-ahead hourly electricity prices in Belgium with statistical and machine learning methods 6. Modelling interlinked commodities’ prices: The case of natural gas
Part 2: Modelling electricity markets 7. An optimization model for the economic dispatch problem in power exchanges 8. Power system flexibility: A methodological analytical framework based on unit commitment and economic dispatch modelling 9. Modeling cross-border interactions of EU balancing markets: a focus on scarcity pricing 10. Retailer profit maximization with the assistance of price and load forecasting processes 11. Electricity portfolio optimization: cost minimization using MILP
Part 3: Modelling technology challenges in electricity markets 12. Business opportunities in the day ahead markets by storage integration: an application to the German case. 13. The integration of dynamic demand in electricity markets: Blockchain 3.0 as an enabler of microgrid energy exchange, demand response and storage 14. Optimizing CHP operational planning for participating in day-ahead power markets: The case of a coal-fired CHP system with thermal energy storage 15. Statistical analysis of power flows based on system marginal price differentials between two power systems 16. EW Flex: A Decentralized Flexibility Marketplace Fostering TSO-DSO Cooperation
Part 4: Modelling policy challenges in electricity markets 17. Forecasting electricity supply shocks: A Bayesian panel VAR analysis 18: Assessing the Western Balkans power systems: A case study of Serbia 19. Evaluation of capacity expansion scenarios for the Hellenic electric sector 20. Formulating and estimating an energy security index: A geopolitical review of quantitative approaches 21. An ex-ante market monitoring and regulation mechanism for market concentration in electricity and natural gas markets
- Provides a diverse body of established techniques suitable for modeling any major aspect of electricity markets
- Familiarizes energy experts with the quantitative skills needed in competitive electricity markets
- Reviews market risk for energy investment decisions by stressing the multi-dimensionality of electricity markets
Date de parution : 01-2021
Ouvrage de 442 p.
21.4x27.6 cm
Thèmes de Mathematical Modelling of Contemporary Electricity Markets :
Mots-clés :
Antitrust; AR; ARIMA; ARMA; ARMAX; Asymmetric cointegration; Block orders; Blockchain; Cointegration; Combined heat and power; Decentralized identifiers; Demand response; Denmark; Deregulated electricity market; Diagonal BEKK; Dominant position; Economic dispatch; Electric utilities; Electric vehicles; Electricity demand forecasting; Electricity price forecasting; Electricity shocks; Electricity trading; Energy demand; Energy indicators; Energy market; Energy policy; Energy regulation; Energy security; Energy security dimensions; Energy security index; EUPHEMIA algorithm; Exponential smoothing; Flexibility; Flexibility markets; Forecasting; Forecasting accuracy; France; Greek electric sector; Impulse responses functions; Indicators; Johansen; Load forecasting; Macroeconomic performance; Market concentration; Market monitoring; Mathematical programming; Mergers; Microgrids; Mixed integer linear programming; Mixed integer linear programming (MILP); Monte-Carlo; Natural gas markets; Neural networks; Optimization; Portfolio management; Power exchanges; Power markets; Power systems planning; Price forecasting; Probabilistic forecasting; Renewable energy; Retailer; Sector coupling; Serbian power system; Spain; Storage; Structural breaks; Supply side management; Thermal energy storage; Time-varying coefficient Bayesian panel VAR; TSO-DSO coordination; UCED; Uncertainty modeling; Unit commitment; US states; VAR; VECM; Western Balkans; Wind power