scholarly journals How Renewable Energy is Reshaping Europe�s Electricity Market Design

2018 ◽  
Vol 7 (2) ◽  
Author(s):  
L.J. De Vries ◽  
R.A. Verzijlbergh
Keyword(s):  
Renewable Energy ◽  
Electricity Market ◽  
Market Design

scholarly journals Electricity market design and renewable energy auctions: The case of Brazil

Energy Policy ◽  
2021 ◽  
Vol 158 ◽  
pp. 112558
Author(s):  
Maurício T. Tolmasquim ◽  
Tiago de Barros Correia ◽  
Natália Addas Porto ◽  
Wikus Kruger
Keyword(s):  
Renewable Energy ◽  
Electricity Market ◽  
Market Design

A Nice Electricity Market Design

2019 ◽  
Author(s):  
Chi-Keung Woo ◽  
Jay Zarnikau
Keyword(s):  
Electricity Market ◽  
Market Design

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.

scholarly journals Transposition of European Guidelines for Energy Communities into Austrian Law: A Comparison and Discussion of Issues and Positive Aspects

Energies ◽  
2021 ◽  
Vol 14 (13) ◽  
pp. 3922
Author(s):  
Bernadette Fina ◽  
Hubert Fechner
Keyword(s):  
Renewable Energy ◽  
Electricity Market ◽  
Clean Energy ◽  
Detailed Comparison ◽  
Regulatory Framework ◽  
Policy Makers ◽  
European Guidelines ◽  
Subsequent Discussion ◽  
Grid Operators ◽  
Austrian Law

The Renewable Energy Directive and the Electricity Market Directive, both parts of the Clean Energy for all Europeans Package (issued in 2019), provide supranational rules for renewable energy communities and citizen energy communities. Since national transpositions need to be completed within two years, Austria has already drafted corresponding legislation. This article aims at providing a detailed comparison of the European guidelines and the transposition into Austrian law. The comparison not only shows how, and to what extent, the European guidelines are transposed into Austrian law, but also helps to identify loopholes and barriers. The subsequent discussion of these issues as well as positive aspects of the Austrian transposition may be advantageous for legislators and policy makers worldwide in their process of designing a coherent regulatory framework. It is concluded that experts from different areas (i.e., project developers, scientists concerned with energy communities, energy suppliers and grid operators) should be closely involved in the law-making process in order to introduce different perspectives so that a consistent and supportive regulatory framework for energy communities is created.

Optimal participation of a virtual power plant in electricity market considering renewable energy: A deep learning-based approach

2021 ◽  
Vol 26 ◽  
pp. 100448
Author(s):  
Saleh Sadeghi Gougheri ◽  
Hamidreza Jahangir ◽  
Mahsa A. Golkar ◽  
Ali Ahmadian ◽  
Masoud Aliakbar Golkar
Keyword(s):  
Renewable Energy ◽  
Deep Learning ◽  
Power Plant ◽  
Electricity Market ◽  
Virtual Power ◽  
Virtual Power Plant
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