scholarly journals Agent-based Modeling of Climate and Electricity Market Impact on Commercial Greenhouse Growers’ Demand Response Adoption

2020 ◽  
Author(s):  
Kristoffer Christensen ◽  
Zheng Ma ◽  
Yves Demazeau ◽  
Bo Norregaard Jorgensen
Keyword(s):  
Demand Response ◽  
Electricity Market ◽  
Agent Based Modeling ◽  
Market Impact ◽  
Agent Based ◽  
Greenhouse Growers

scholarly journals Analyzing Trade in Continuous Intra-Day Electricity Market: An Agent-Based Modeling Approach

Energies ◽  
2021 ◽  
Vol 14 (13) ◽  
pp. 3860
Author(s):  
Priyanka Shinde ◽  
Ioannis Boukas ◽  
David Radu ◽  
Miguel Manuel de Manuel de Villena ◽  
Mikael Amelin
Keyword(s):  
Renewable Energy ◽  
Electricity Market ◽  
Power Plants ◽  
Renewable Energy Sources ◽  
Thermal Power ◽  
Agent Based Modeling ◽  
Market Liquidity ◽  
Energy Sources ◽  
Modeling Framework ◽  
Agent Based

In recent years, the vast penetration of renewable energy sources has introduced a large degree of uncertainty into the power system, thus leading to increased trading activity in the continuous intra-day electricity market. In this paper, we propose an agent-based modeling framework to analyze the behavior and the interactions between renewable energy sources, consumers and thermal power plants in the European Continuous Intra-day (CID) market. Additionally, we propose a novel adaptive trading strategy that can be used by the agents that participate in CID market. The agents learn how to adapt their behavior according to the arrival of new information and how to react to changing market conditions by updating their willingness to trade. A comparative analysis was performed to study the behavior of agents when they adopt the proposed strategy as opposed to other benchmark strategies. The effects of unexpected outages and information asymmetry on the market evolution and the market liquidity were also investigated.

Emergent Behavior in a Population of Thermostatically Controlled Loads With Peer-to-Peer Communication

2019 ◽  
Author(s):  
Ryan Schwartz ◽  
John F. Gardner
Keyword(s):  
Demand Response ◽  
Air Conditioning ◽  
Large Scale ◽  
Large Population ◽  
Agent Based Modeling ◽  
Emergent Behavior ◽  
Peer Communication ◽  
Agent Based ◽  
Thermostatically Controlled Loads ◽  
Residential Air Conditioning

Abstract Thermostatically controlled loads (TCLs) are often considered as a possible resource for demand response (DR) events. However, it is well understood that coordinated control of a large population of previously un-coordinated TCLs may result in load synchronization that results in higher peaks and large uncontrolled swings in aggregate load. In this paper we use agent based modeling to simulate a number of residential air conditioning loads and allow each to communicate a limited amount of information with their nearest neighbors. As a result, we document emergent behavior of this large scale, distributed and nonlinear system. Using the techniques described here, the population of TCLs experienced up to a 30% reduction in peak demand following the DR event. This behavior is shown to be beneficial to the goals of balancing the grid and integrating increasing penetration of variable generators.

scholarly journals Agent-Based Modeling of Retail Electrical Energy Markets With Demand Response

2018 ◽  
Vol 9 (4) ◽  
pp. 3465-3475 ◽  
Author(s):  
Kaveh Dehghanpour ◽  
M. Hashem Nehrir ◽  
John W. Sheppard ◽  
Nathan C. Kelly
Keyword(s):  
Demand Response ◽  
Electrical Energy ◽  
Energy Markets ◽  
Agent Based Modeling ◽  
Agent Based
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