electricity market

Smart energy management of a prosumer for a better environment safeguard

This article deals with the implementation of an automated simulator for the optimization of power-flows in blocks of buildings (prosumers) by controlling local generation, storage and consumptions in real-time and simultaneously. Among the advantages of the proposed multi-agent saver, a special emphasis is given to the benefits that may be achieved in carbon reduction and consequent environmental protection. The simulator can be operated in either 'Economy' mode to maximize economic profit, or 'Energy' mode, for better energy saving.

Replacement Reserve for the Italian Power System and Electricity Market

Over the last years, power systems around the globe experienced deep changes in their operation, mainly induced by the widespread of Intermittent Renewable Energy Sources (IRES). These changes involved a review of market and operational rules, in the direction of a stronger integration. At European level, this integration is in progress, driven by the new European guidelines and network codes, which deal with multiple issues, from market design to operational security.

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