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Published in:
2011 | OriginalPaper | Chapter
Formal Methods in Energy Informatics
Author : Holger Hermanns
Published in: Software Engineering and Formal Methods
Publisher: Springer Berlin Heidelberg
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The European electricity market is rapidly evolving towards a decentralized structure, not only because of climatical and political circumstances. With the foreseeable depletion of fossile energy sources this trend is expected to catch momentum also on other continents. The increase of production based on renewable energy implies drastically higher fluctuations in available electricity. The resulting mathematical problem, stochastic electricity balancing, has many facets where quantitative formal methods provide a promising foundation to develop IT-supported strategies to counteract this problem.