Advances in the Electricity Markets

Advances in the Electricity Markets: Data-Driven Analytics explores the quantitative skills, the latest technologies, and the sustainable initiatives essential to the effective management of emerging electricity markets. This book explores how to practically achieve sustainable development goals by incorporating advanced methods, including those related to renewable integration, robust power market analysis, and precise prediction methods that facilitate the reduction of carbon emissions. In addition, the book offers novel theoretical, policy, and managerial insights into adopting Distributed Energy Resources, Smart contracts, and the AI and Machine Learning approaches required for the resilience of the electricity systems. The book also discusses how electricity markets are evolving, including coverage of peer-to-peer trading, energy optimization, and intelligent electricity systems. T Written for energy researchers and professionals, as well as graduate students studying energy and electrical engineering, Advances in the Electricity Markets: Data-Driven Analytics is a valuable resource for those who wish to understand growing electricity markets and the latest techniques required for climate change.

• Presents established techniques suitable for modelling any major aspect of electricity markets
• Offers insights as to how power market stakeholders can practically achieve sustainable development goals through advanced technologies
• Contains novel theoretical, policy, and managerial insights into Distributed Energy Resources, Smart contracts and the AI and Machine Learning approaches required for economic growth and sustainable development