Sharing economy in energy markets : modeling, analysis and mechanism design / Jianxiao Wang, Haiwang Zhong, Qing Xia, Gengyin Li, Ming Zhou.
Wang, Jianxiao, author.; Zhong, Haiwang, author.; Xia, Qing, author.; Li, Gengyin, author.; Zhou, Ming, author.
2022
HD9502.A2
Available Online

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Title Sharing economy in energy markets : modeling, analysis and mechanism design / Jianxiao Wang, Haiwang Zhong, Qing Xia, Gengyin Li, Ming Zhou.
Author Wang, Jianxiao, author.
ISBN 9789811676451 (electronic bk.)
9811676453 (electronic bk.)
9789811676468
9811676461
9789811676475
981167647X
9811676445
9789811676444
DOI https://doi.org/10.1007/978-981-16-7645-1
Published Singapore : Springer, 2022.
Language English
Description 1 online resource (1 volume) : illustrations (black and white, and color).
Other Standard Identifiers 10.1007/978-981-16-7645-1 doi
Call Number HD9502.A2
Dewey Decimal Classification 333.79
Summary 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 generators 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.
Bibliography, etc. Note Includes bibliographical references.
Access Note Access limited to authorized users.
Source of Description Description based on print version record.
Added Author Zhong, Haiwang, author.
Xia, Qing, author.
Li, Gengyin, author.
Zhou, Ming, author.
Available in Other Form SHARING ECONOMY IN ENERGY MARKETS.
Linked Resources Online Access
Record Appears in Online Resources > Ebooks
All Resources
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.

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