A Stand-Alone Simulation Game for the Participation of Wind Producers in Day-Ahead Electricity Markets

Onderzoeksoutput: Hoofdstuk in Boek/Rapport/CongresprocedureConferentiebijdrageAcademicpeer review

Samenvatting

This paper presents an instance of a web-based stand-alone simulation game aimed at teaching electricity market subjects. The main objectives of this version of the electricity markets game (EmGA) platform are to introduce players/students to the short-term electricity market structure and to highlight the importance of forecasting tools in decision-making. A hypothetical situation has been carefully designed using historical data, where each player takes the role of a wind farm owner willing to participate in the day-ahead electricity market to maximize its economic profit. Players are asked to submit hourly energy bids which are then compared to the wind farm's actual energy production and mapped to revenue by basic market rules for price-taker participants. Preliminary student feedback reinforces the potential of the EmGA platform for improving the teaching of electricity market subjects, showing a general acceptance and a perception of improved knowledge reception of more than 77%.
Originele taal-2Engels
TitelEDUCON2021 – IEEE Global Engineering Education Conference
StatusGeaccepteerd/In druk - 2021
EvenementEDUCON2021 – IEEE Global Engineering Education Conference: "Women in Engineering" - ONLINE, Vienna, Oostenrijk
Duur: 21 apr 202123 apr 2021

Congres

CongresEDUCON2021 – IEEE Global Engineering Education Conference
LandOostenrijk
StadVienna
Periode21/04/2123/04/21

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