The complexity of electricity markets calls for rich and
flexible modeling techniques that help to understand market dynamics and to
derive advice for the design of appropriate regulatory frameworks.
Agent-Based Computational Economics (ACE) is a fairly young research
paradigm that offers methods for realistic electricity market modeling. A
growing number of researchers have developed agent-based models for
simulating electricity markets. The diversity of approaches makes it
difficult to overview the field of ACE electricity research; this
literature survey should guide the way through and describe the
state-of-the- art of this research area. In a conclusive summary,
shortcomings of existing approaches and open issues that should be
addressed by ACE electricity researchers are critically discussed.
Dieser Eintrag ist Teil der Universitätsbibliographie.