van Dinther, Clemens
[Author];
Flath, Christoph
[Author];
Gaerttner, Johannes
[Author];
Huber, Julian
[Author];
Mengelkamp, Esther
[Author];
Schuller, Alexander
[Author];
Staudt, Philipp
[Author];
Weidlich, Anke
[Author]
Engineering energy markets: the past, the present, and the future
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Media type:
E-Article
Title:
Engineering energy markets: the past, the present, and the future
Contributor:
van Dinther, Clemens
[Author];
Flath, Christoph
[Author];
Gaerttner, Johannes
[Author];
Huber, Julian
[Author];
Mengelkamp, Esther
[Author];
Schuller, Alexander
[Author];
Staudt, Philipp
[Author];
Weidlich, Anke
[Author]
imprint:
Cham : Springer, 2021
Language:
English
DOI:
https://doi.org/10.1007/978-3-030-66661-3_7
ISBN:
978-3-030-66660-6;
978-3-030-66661-3
Origination:
Footnote:
Diese Datenquelle enthält auch Bestandsnachweise, die nicht zu einem Volltext führen.
Description:
Since the beginning of the energy sector liberalization, the design of energy markets has become a prominent field of research. Markets nowadays facilitate efficient resource allocation in many fields of energy system operation, such as plant dispatch, control reserve provisioning, delimitation of related carbon emissions, grid congestion management, and, more recently, smart grid concepts and local energy trading. Therefore, good market designs play an important role in enabling the energy transition toward a more sustainable energy supply for all. In this chapter, we retrace how market engineering shaped the development of energy markets and how the research focus shifted from national wholesale markets to more decentralized and location-sensitive concepts.