We develop an agent-based model of a financial market which is able to jointly reproduce many the stylised facts at different time scales. These include properties related returns (leptokurtosis, absence linear autocorrelation, volatility clustering), trading volumes (volume clustering, correlation between volume and volatility), timing trades (number price changes, autocorrelation durations su...

In this paper, an agent-based structure of the electricity retail market is presented based on which day-ahead (DA) energy procurement for customers is modeled. Here, we focus on operation of only one Retail Energy Provider (REP) agent who purchases energy from DA pool-based wholesale market and offers DA real time tariffs to a group of its customers. As a model of customer response to the offe...

During the last decades, international trade flows especially of the industrialized countries allegedly became more and more intra-industry. At the same time, employment perspectives particularly of the low-skilled by tendency deteriorated in these countries. This phenomenon is often traced back to the fact that intra-industry trade, which should theoretically involve low labor market adjustmen...

To meet climate change goals, the decarbonisation of UK electricity supply is crucial. Increased geographic diversity and resource use could help provide grid market stability reduce CO2 intensive balancing actions. The main purpose this research to investigate impact Scottish island renewable energy on network. This has been done by using modelling software PLEXOS with results validated data f...

Virtual power plant (VPP) can be studied to investigate how energy is purchased or sold in the presence of electricity market price uncertainty. The VPP uses different intermittent distributed sources such as wind turbine, flexible loads, and locational marginal prices (LMPs) in order to obtain profit. VPP should propose bidding/offering curves to buy/sell from/to day-ahead market. In this pape...

We have performed the monitoring observations of flux density of Sagittarius A at short millimeter wavelengths (100 and 140 GHz bands) on seven years in the period from 1996 to 2003 using the Nobeyama Millimeter Array (NMA). We found intra-day variation of Sgr A in March 2000 flare. The flux density at the peak of the flares increases 100–200% at 100 GHz and 200–400% at 140 GHz (∆S/S), respecti...