Agent-Based Modelling of Cost Efficient and Stable Transmission Grid Expansion Planning
| Autor: | Aldo Martinez, Jonas von Haebler, Johannes Hiry, Christian Rehtanz, Ulf Häger, Gerardo Blanco |
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| Rok vydání: | 2016 |
| Předmět: |
Cost efficiency
Computer science business.industry 020209 energy Profit maximization Multi-agent system 02 engineering and technology Environmental economics Investment (macroeconomics) Grid Renewable energy Electricity generation 0202 electrical engineering electronic engineering information engineering Energy market business |
| Zdroj: | Highlights of Practical Applications of Scalable Multi-Agent Systems. The PAAMS Collection ISBN: 9783319393865 PAAMS (Workshops) |
| DOI: | 10.1007/978-3-319-39387-2_30 |
| Popis: | Due to politically defined goals to raise the share of renewable energy, the landscape of electricity production has changed in recent years. Normally, a decision to invest in new generation capacity by generation companies is often based on profit maximization criteria. Criteria considering the costs resulting from the required expansion or construction of new transmission capacity are only playing a minor role, if any. This paper introduces an integrated model based on a multi-agent system to simulate the investment and decision behavior of the relevant entities in the liberalized energy market and their impact on social welfare. The interaction between the modelled market entities is based on a non-cooperative game theoretic approach. Its functionality is demonstrated within a small application example. |
| Databáze: | OpenAIRE |
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