20 Pages Posted: 14 Nov 2010
Date Written: November 2010, 11
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.
Keywords: energy trading, market simulation, market design, multi-agent systems, complex networks, trading agent competition
JEL Classification: L15, O32, M
Suggested Citation: Suggested Citation
Ketter, Wolfgang and 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: https://ssrn.com/abstract=1707913
By Zhen Zhang