Machine learning in energy economics and finance: A review

H Ghoddusi, GG Creamer, N Rafizadeh - Energy Economics, 2019 - Elsevier
Abstract Machine learning (ML) is generating new opportunities for innovative research in
energy economics and finance. We critically review the burgeoning literature dedicated to …

[HTML][HTML] A systemic approach to analyze integrated energy system modeling tools: A review of national models

A Fattahi, J Sijm, A Faaij - Renewable and Sustainable Energy Reviews, 2020 - Elsevier
We reviewed the literature focusing on nineteen integrated Energy System Models (ESMs)
to:(i) identify the capabilities and shortcomings of current ESMs to analyze adequately the …

[HTML][HTML] Electricity price forecasting: A review of the state-of-the-art with a look into the future

R Weron - International journal of forecasting, 2014 - Elsevier
A variety of methods and ideas have been tried for electricity price forecasting (EPF) over the
last 15 years, with varying degrees of success. This review article aims to explain the …

[HTML][HTML] Power market models for the clean energy transition: State of the art and future research needs

M Haugen, PL Blaisdell-Pijuan, A Botterud, T Levin… - Applied Energy, 2024 - Elsevier
As power systems around the world are rapidly evolving to achieve decarbonization
objectives, it is crucial that power system planners and operators use appropriate models …

[BUKU][B] Agent-based models

N Gilbert - 2019 - books.google.com
Agent-based simulation has become increasingly popular as a modeling approach in the
social sciences because it enables researchers to build models where individual entities …

Agent-based modelling and simulation of smart electricity grids and markets–a literature review

P Ringler, D Keles, W Fichtner - Renewable and Sustainable Energy …, 2016 - Elsevier
The realisation of the smart grids and markets vision constitutes a substantial transition of
electricity systems affecting multiple stakeholders and creating various technical, social …

Complexity and the economics of climate change: a survey and a look forward

T Balint, F Lamperti, A Mandel, M Napoletano… - Ecological …, 2017 - Elsevier
Climate change is one of the most daunting challenges human kind has ever faced. In the
paper, we provide a survey of the micro and macro economics of climate change from a …

On agent-based modeling and computational social science

R Conte, M Paolucci - Frontiers in psychology, 2014 - frontiersin.org
In the first part of the paper, the field of agent-based modeling (ABM) is discussed focusing
on the role of generative theories, aiming at explaining phenomena by growing them. After a …

Analytical approach for placement and sizing of distributed generation on distribution systems

S Elsaiah, M Benidris, J Mitra - IET Generation, Transmission & …, 2014 - Wiley Online Library
An analytical method for placement and sizing of distributed generation on power
distribution systems for loss reduction is introduced. The proposed analytical method is …

Advanced price forecasting in agent-based electricity market simulation

C Fraunholz, E Kraft, D Keles, W Fichtner - Applied Energy, 2021 - Elsevier
Abstract Machine learning and agent-based modeling are two popular tools in energy
research. In this article, we propose an innovative methodology that combines these …