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Title:

Intelligent Bidding Strategies in Local Electricity Markets: A Simulation-based Analysis

Document type:
Konferenzbeitrag
Author(s):
Godwin C. Okwuibe; Mukund Wadhwa; Thomas Brenner; Peter Tzscheutschler; Thomas Hamacher
Abstract:
The integration of PV-generated electricity from households and commercial buildings into the electricity mix offers opportunity to reduce the greenhouse gas emissions released in the Earth’s atmosphere. The rising quantity of these distributed energy resources (DER) and their fluctuating energy production makes it challenging for the grid operators to manage the grids. This in turn leads to an increase in retail electricity prices due to the rising grid fee. Local electricity markets (LEMs) hav...     »
Editor:
IEEE
Book / Congress title:
2020 IEEE Electric Power and Energy Conference (EPEC)
Congress (additional information):
9-10 Nov. 2020, Edmonton, CA
Organization:
IEEE
Date of congress:
9-10 Nov. 2020
Year:
2020
Year / month:
2020-11
Month:
Nov
Fulltext / DOI:
doi:10.1109/EPEC48502.2020.9320067
WWW:
https://ieeexplore.ieee.org/document/9320067
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