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Integrating demand response in regional electricity markets: An agent-based simulation

 
: Randecker, Christoph; Kühnbach, Matthias; Klobasa, Marian

:

Institute of Electrical and Electronics Engineers -IEEE-; Institute of Electrical and Electronics Engineers -IEEE-, Power & Energy Society -PES-:
16th International Conference on the European Energy Market, EEM 2019 : Ljubljana, Slovenia, 18-20 September 2019
Piscataway, NJ: IEEE, 2019
ISBN: 978-1-7281-1257-2
ISBN: 978-1-7281-1256-5
ISBN: 978-1-7281-1258-9
6 pp.
International Conference on the European Energy Market (EEM) <16, 2019, Ljubljana>
English
Conference Paper
Fraunhofer ISI ()
agent-based simulation; demand response; regional electricity trading

Abstract
This paper presents an agent-based simulation of regional electricity markets for renewable energy sources in Germany for the year 2030. We compare two regional markets - the northern and southern quarter of Germany. All agents are able to learn from earlier bids. Demand agents have the option to use load shifting to minimise their consumption costs. Our results show that regional markets are attractive to both generators and consumers, although the technology mix strongly affects agent behaviour and revenue. Additionally, regional trading leads to increased regional balancing of demand and supply.

: http://publica.fraunhofer.de/documents/N-566111.html