In Europe, the ongoing renewable expansion and delays in the planned grid extension have intensified the discussion about an adequate electricity market design. Against this background, we jointly apply an agent-based electricity market model and an optimal power flow model to investigate the...

In modern supply chains, customers expect a high level of service, which results in short delivery times and improved service offerings through retailers. The resulting pressure on supply chains requires a precisely coordinated scheduling of successive processes. Even though a multitude of...