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Sharing economy in energy markets = ...

Wang, Jianxiao.

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Sharing economy in energy markets = modeling, analysis and mechanism design /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Sharing economy in energy markets/ by Jianxiao Wang ... [et al.].
Reminder of title:	modeling, analysis and mechanism design /
other author:	Wang, Jianxiao.
Published:	Singapore :Springer Singapore : : 2022.,
Description:	xiv, 318 p. :ill., digital ;24 cm.
[NT 15003449]:	Introduction and Motivation -- Mechanism Design for Sharing Economy -- Sharing Economy in Spot Markets -- Sharing Economy in Multi-Area Electricity Markets -- Sharing Economy for Renewable Energy Aggregation -- Sharing Economy in Energy Systems Integration -- Sharing Demand Side Resources for Regional Market Bidding -- Sharing Non-Wire Alternatives for Transmission Expansion Deferral -- Information and Communications Technology for Sharing Economy -- Future Research on Sharing Economy.
Contained By:	Springer Nature eBook
Subject:	Energy industries. -
Online resource:	https://doi.org/10.1007/978-981-16-7645-1
ISBN:	9789811676451

Sharing economy in energy markets = modeling, analysis and mechanism design /
Sharing economy in energy marketsmodeling, analysis and mechanism design /[electronic resource] :by Jianxiao Wang ... [et al.]. - Singapore :Springer Singapore :2022. - xiv, 318 p. :ill., digital ;24 cm.

Introduction and Motivation -- Mechanism Design for Sharing Economy -- Sharing Economy in Spot Markets -- Sharing Economy in Multi-Area Electricity Markets -- Sharing Economy for Renewable Energy Aggregation -- Sharing Economy in Energy Systems Integration -- Sharing Demand Side Resources for Regional Market Bidding -- Sharing Non-Wire Alternatives for Transmission Expansion Deferral -- Information and Communications Technology for Sharing Economy -- Future Research on Sharing Economy.

This book aims to incorporate an emerging successful business model, i.e., sharing economy, into energy markets, thus digging out the potential merits and applications in multi-energy sectors. With the core idea "access over ownership", sharing economy enables the collaborative consumption of idle resources through advanced information and communications technology. One critical challenge is to identify different market participants' occupation while accordingly designing pricing mechanisms. This book begins with an overview about the recent development of sharing economy in energy fields, and summarizes two energy market-related issues that sharing economy can hopefully address. One is how to quantify a marginal generator's contribution and thereby elicit truthful bidding under information asymmetry condition. The other is how to distinguish renewable and distributed energy resources' contribution and thus incentivize efficient aggregation considering increasing scale and uncertainty. Then sharing economy mechanisms are proposed and designed from a game theory perspective. On this basis, the following chapters thoroughly investigate the specific problems in spot markets, multi-area markets, renewable energy aggregation and energy systems integration. Additionally, the benefits brought by sharing economy are evaluated in terms of regional market bidding and transmission expansion deferral. Finally, the information and communications technologies related to sharing economy are modeled and analyzed. Hopefully, this book can greatly benefit the readers who are interested in energy economics and engineering.

ISBN: 9789811676451

Standard No.: 10.1007/978-981-16-7645-1doiSubjects--Topical Terms:

666241
Energy industries.

LC Class. No.: HD9502.A2

Dewey Class. No.: 333.79

Sharing economy in energy markets = modeling, analysis and mechanism design /
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505 0 $a Introduction and Motivation -- Mechanism Design for Sharing Economy -- Sharing Economy in Spot Markets -- Sharing Economy in Multi-Area Electricity Markets -- Sharing Economy for Renewable Energy Aggregation -- Sharing Economy in Energy Systems Integration -- Sharing Demand Side Resources for Regional Market Bidding -- Sharing Non-Wire Alternatives for Transmission Expansion Deferral -- Information and Communications Technology for Sharing Economy -- Future Research on Sharing Economy.
520 $a This book aims to incorporate an emerging successful business model, i.e., sharing economy, into energy markets, thus digging out the potential merits and applications in multi-energy sectors. With the core idea "access over ownership", sharing economy enables the collaborative consumption of idle resources through advanced information and communications technology. One critical challenge is to identify different market participants' occupation while accordingly designing pricing mechanisms. This book begins with an overview about the recent development of sharing economy in energy fields, and summarizes two energy market-related issues that sharing economy can hopefully address. One is how to quantify a marginal generator's contribution and thereby elicit truthful bidding under information asymmetry condition. The other is how to distinguish renewable and distributed energy resources' contribution and thus incentivize efficient aggregation considering increasing scale and uncertainty. Then sharing economy mechanisms are proposed and designed from a game theory perspective. On this basis, the following chapters thoroughly investigate the specific problems in spot markets, multi-area markets, renewable energy aggregation and energy systems integration. Additionally, the benefits brought by sharing economy are evaluated in terms of regional market bidding and transmission expansion deferral. Finally, the information and communications technologies related to sharing economy are modeled and analyzed. Hopefully, this book can greatly benefit the readers who are interested in energy economics and engineering.
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