Artículos relacionados a Optimal Algorithms for Energy Markets

Optimal Algorithms for Energy Markets - Tapa blanda

Landaburu, Yoseba Peña

 
9783639013269: Optimal Algorithms for Energy Markets
Tapa blanda
ISBN 10: 3639013263 ISBN 13: 9783639013269
Editorial: VDM Verlag Dr. Mueller e.K., 2008

Sinopsis

The deregulation of the energy industry has created marketplaces in which producers and consumers can operate in order to more effectively. This book develops a new model for electricity retail where customers may choose their supplier. It is based on simultaneous reverse combinatorial auctions, designed as a second-price sealed-bid multi-item auction with supply function bidding. This mechanism prevents strategic bidding and allows the auctioneer to maximise its pay-off. Furthermore, we develop optimal single-item and multi-item algorithms for winner determination in such auctions that are significantly less complex than those currently available in the literature. Nevertheless, the consumption of the energy of each singular auctioneer has to be adapted to the submitted bids to maximise the pay-off. Thus, this work models the constellation of energy consumers as a distributed constraint opti­misation problem (dCOP). In order to overcome the specific domain demands, this book presents a novel optimal dCOP algorithm called COBB (Constraint Optimisation By Broadcasting), and adapts state-of-the-art counterparts. Empirical comparisons show that COBB clearly outperforms all of them.

"Sinopsis" puede pertenecer a otra edición de este libro.

Reseña del editor

The deregulation of the energy industry has created marketplaces in which producers and consumers can operate in order to more effectively. This book develops a new model for electricity retail where customers may choose their supplier. It is based on simultaneous reverse combinatorial auctions, designed as a second-price sealed-bid multi-item auction with supply function bidding. This mechanism prevents strategic bidding and allows the auctioneer to maximise its pay-off. Furthermore, we develop optimal single-item and multi-item algorithms for winner determination in such auctions that are significantly less complex than those currently available in the literature. Nevertheless, the consumption of the energy of each singular auctioneer has to be adapted to the submitted bids to maximise the pay-off. Thus, this work models the constellation of energy consumers as a distributed constraint opti­misation problem (dCOP). In order to overcome the specific domain demands, this book presents a novel optimal dCOP algorithm called COBB (Constraint Optimisation By Broadcasting), and adapts state-of-the-art counterparts. Empirical comparisons show that COBB clearly outperforms all of them.

"Sobre este título" puede pertenecer a otra edición de este libro.

Editorial
VDM Verlag Dr. Mueller e.K.
Año de publicación
2008
Idioma
Inglés
ISBN 10 
3639013263
ISBN 13 
9783639013269
Encuadernación
Tapa blanda
Número de páginas
172
Contacto del fabricante
no disponible
Persona responsable
no disponible