Mathematical Modelling of Contemporary Electricity Markets

Athanasios Dagoumas
Elsevier S&T
442 pages
ISBN: 978-0128218389
February 2021

This book reviews major methodologies and tools to accurately analyze and forecast contemporary electricity markets in a ways that is ideal for practitioner and academic audiences. Approaches include optimization, neural networks, genetic algorithms, co-optimization, econometrics, E3 models and energy system models. The work examines how new challenges affect power market modeling, and addresses all major forms of electricity markets: day-ahead, forward, intraday, balancing, and capacity.