The major electricity market models include: pools, bilateral contracts and hybrid models.
Pool prices tend to change quickly and variations are usually highly unpredictable. In this …

The electricity industry is undergoing a deep transformation as Europe moves towards a
greener, healthier future—the growth of renewable generation has surpassed all …

The growth of wind power generation over the past decade has surpassed all expectations.
The cost of the wind energy support policy was, however, quite significant and to a large …

This chapter presents the key features of an agent-based simulation tool, called MATREM
(for Multi-Agent TRading in Electricity Markets). The tool allows the user to conduct a wide …

The European Union defined ambitious targets for the production of energy from renewable
energy sources. Most European markets trade now high levels of variable renewable energy …

Agent technology is a relatively new and rapidly expanding area of research and
development. The major motivations for the increasing interest in intelligent agents and multi …

This article uses an agent-based system to analyze the potential impacts of variable
generation on wholesale electricity markets. Specifically, the article presents some important …

Most energy markets (EMs) across Europe are based on a design framework involving day-
ahead, intraday, and bilateral markets, operating together with balancing markets. This …

This article uses an agent-based system to analyze the potential impact of variable
generation on wholesale electricity markets. In particular, it presents a case study to analyse …

O processo de reestruturação do setor elétrico deu origem à criação de diferentes estruturas
de mercado, tendo como objetivo o aumento da competitividade e eficiência. Atualmente, a …