An Agent-based Model for Simulating Smart Grid Innovations
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Authors
Author (Corporation)
Publication date
2018
Typ of student thesis
Course of study
Collections
Type
04B - Conference paper
Editors
Mielczarski, Władysław
Wierzbowski, Michał
Olek, Błażej
Editor (Corporation)
Supervisor
Parent work
15th International Conference on the European Energy Market (EEM)
Special issue
DOI of the original publication
Link
Series
Series number
Volume
Issue / Number
Pages / Duration
193-198
Patent number
Publisher / Publishing institution
IEEE
Place of publication / Event location
New York
Edition
Version
Programming language
Assignee
Practice partner / Client
Abstract
In order to derive indicators for the future grid and market stability, in this paper an agent-based model is intro- duced, to simulate various scenarios. This includes new market designs, market mixes, emerging technological inventions and new regulations. Consumers demand energy based on seasonal variations or changing prices. The suppliers’ production might also depend on seasonal variations, on the local solar irradiation or its flexibility; the ability to react to the market requests. The model introduced in this paper has been used to describe an example scenario of the year 2035, representing a market mix that includes a variety different consumers and suppliers. Eventually it shows, how the model can be applied to model various scenarios and how the resulting grids frequency, the market prices and suppliers profit can be used as indicators for the grid and market stability.
Keywords
Agent-based simulations, energy markets, short- term simulations
Subject (DDC)
Event
15th International Conference on the European Energy Market (EEM 2018)
Exhibition start date
Exhibition end date
Conference start date
27.06.2018
Conference end date
29.06.2018
Date of the last check
ISBN
978-1-5386-1489-1
ISSN
Language
English
Created during FHNW affiliation
Yes
Strategic action fields FHNW
Publication status
Published
Review
Peer review of the complete publication
Open access category
License
Citation
Schädler, P., Wache, H., & Merelli, E. (2018). An Agent-based Model for Simulating Smart Grid Innovations. In W. Mielczarski, M. Wierzbowski, & B. Olek (Eds.), 15th International Conference on the European Energy Market (EEM) (pp. 193–198). IEEE. https://doi.org/10.1109/EEM.2018.8469939