Computational Techniques , Simulation Modeling C630 , Economics of Regulation L510 , Electric Utilities L940 , Industry Studies: Utilities and Transportation: Government Policy L980
Abstract:
This paper discusses the use of agent-based simulation
models for regulatory advice in electricity market regulation. It briefly
introduces the necessary procedures and the state-of-the-art of the
methodology, and outlines its possible range of application. In a second
part, the paper presents an agent-based simulation model developed by the
authors. The model can be applied for analyzing different market designs
and market structures in order to derive evidence for regulatory advice.
This is exemplified through the analysis of two settlement rules in the
balancing power market and of several divestiture scenarios of the German
electricity sector.
Dieser Eintrag ist Teil der Universitätsbibliographie.
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