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A Modelling and Simulation Environment for Real-time Pricing Scenarios in Energy Markets

Authors
Sonnenschein, Michael (Carl von Ossietzky Universität Oldenburg, Dept. of Computing Science)
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Stadler, Michael (OFFIS)
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Rapp, Barbara (Carl von Ossietzky Universität Oldenburg, Dept. of Computing Science)
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Bremer, Jörg (Carl von Ossietzky Universität Oldenburg, Dept. of Computing Science)
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Brunhorn, Stefan (Carl von Ossietzky Universität Oldenburg, Dept. of Computing Science)
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Chapter Energy Supply and Management
Volume Managing Environmental Knowledge
Conference Managing Environmental Knowledge
Graz, 2006
Year 2006
Abstract of the Article
We describe an agent-based simulation tool for examining the impact of real-time pricing methods upon the power consumption of domestic users (households). The main entities within the model are electricity suppliers and electricity consumers scheduling their demand according to real-time prices for electricity. The main aspect of the modelling and simulation tool consists in very flexible methods to calculate tariffs and in detailed methods for describing the behaviour of electricity consumers communicating with their electricity supplier.
Pages 153 - 161
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