no code implementations • 5 Jun 2022 • Alexander J. M. Kell, Stephen McGough, Matthew Forshaw
However, the electricity market is made up of many different variables and data inputs.
no code implementations • 10 Sep 2021 • Alexander J. M. Kell, A. Stephen McGough, Matthew Forshaw
A lowering in the cost of batteries and solar PV systems has led to a high uptake of solar battery home systems.
no code implementations • 7 Mar 2021 • Alexander J. M. Kell, A. Stephen McGough, Matthew Forshaw
Through the prediction of electricity demand profile over the next 24h, we can simulate the predictions made for a day-ahead market.
no code implementations • 8 Nov 2020 • Alexander J. M. Kell, Matthew Forshaw, A. Stephen McGough
If any single generator company, or a collaborating group of generator companies, control more than ${\sim}$11$\%$ of generation capacity and bid strategically, prices begin to increase by ${\sim}$25$\%$.
no code implementations • 2 Nov 2020 • Alexander J. M. Kell, Pablo Salas, Jean-Francois Mercure, Matthew Forshaw, A. Stephen McGough
A change from a high-carbon emitting electricity power system to one based on renewables would aid in the mitigation of climate change.
no code implementations • 28 May 2020 • Alexander J. M. Kell, A. Stephen McGough, Matthew Forshaw
A way to achieve this is to decarbonize the electricity grid.
no code implementations • 6 Oct 2019 • Alexander J. M. Kell, Matthew Forshaw, A. Stephen McGough
A Pareto frontier can be used to identify the sets of optimal parameters for which each is the `best' for a given combination of objectives -- thus allowing decisions to be made with full knowledge.