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Smart Grid Economics: Policy Guidance Through Competitive Simulation


Wolfgang Ketter


Erasmus Research Institute of Management (ERIM); Erasmus University Rotterdam (EUR) - Department of Decision and Information Sciences

John Collins


University of Minnesota - Twin Cities

Carsten A. Block


Karlsruhe Institute of Technology

November 2010, 11

ERIM Report Series Reference No. ERS-2010-043-LIS

Abstract:     
Sustainable energy systems of the future will need more than efficient, clean, low-cost, renewable energy sources; they will also need efficient price signals that motivate sustainable energy consumption as well as a better real-time alignment of energy demand and supply.

Number of Pages in PDF File: 20

Keywords: energy trading, market simulation, market design, multi-agent systems, complex networks, trading agent competition

JEL Classification: L15, O32, M

working papers series


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Date posted: November 14, 2010  

Suggested Citation

Ketter, Wolfgang, Collins, John and Block, Carsten A., Smart Grid Economics: Policy Guidance Through Competitive Simulation (November 2010, 11). ERIM Report Series Reference No. ERS-2010-043-LIS. Available at SSRN: http://ssrn.com/abstract=1707913

Contact Information

Wolfgang Ketter (Contact Author)
Erasmus Research Institute of Management (ERIM) ( email )
P.O. Box 1738
3000 DR Rotterdam
Netherlands
HOME PAGE: http://www.rsm.nl/energy
Erasmus University Rotterdam (EUR) - Department of Decision and Information Sciences ( email )
RSM Erasmus University
PO Box 1738
3000 DR Rotterdam
Netherlands
John Collins
University of Minnesota - Twin Cities ( email )
420 Delaware St. SE
Minneapolis, MN 55455
United States
Carsten A. Block
Karlsruhe Institute of Technology ( email )
Institute of Information Systems and Management
Englerstr. 14
Karlsruhe, Baden Württemberg 76131
Germany
+497216088382 (Phone)
+497216088399 (Fax)
HOME PAGE: http://www.iism.kit.edu/block
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