This paper provides a review on modeling electricity markets with System Dynamics (SD) focusing on deregulated … electricity market models. First the SD method is classified within the wide field of electricity market modeling. Then all …, a comprehensive review of models of deregulated electricity markets is presented. The review captures more than 80 …

should be reflected in the setup of future markets, including retail markets and electricity providers’ tariffs. While … incorporate tariffs with a variable capacity price component in our analysis. The latter enables electricity providers to offer …

innovative methodology that combines these methods. For this purpose, we develop an electricity price forecasting technique using … artificial neural networks and integrate the novel approach into the established agent-based electricity market simulation model … contrast to real-world electricity price forecasts, we find the naive approach to perform very poorly when deployed model …

Growing numbers of plug-in electric vehicles in Europe will have an increasing impact on the electricity system. Using … the agent-based simulation model PowerACE for ten electricity markets in Central Europe, we analyze how different charging … have the strongest effect. Furthermore, smart charging strategies reduce electricity purchasing costs for aggregators by …