Abstract
In the last two decades, power systems have experienced several changes, mainly related to organizational and operational restructuring. The appearance of new actors contributes to developing new business models and modifies its traditional operation activities. As a direct result, there is a need for new control solutions and strategies to integrate these different players. Agent-Based Models (ABM) have been increasingly used to model complex systems since they are especially suited to model systems influenced by social interactions between flexible, autonomous, and proactive agents. This paper provides a review of the literature regarding ABM in power systems followed by an analysis in more detail regarding specific applications that are becoming relevant in this new paradigm.

Abstract
The member states of the European Union (EU) are actively reassessing their National Energy and Climate Plans (NECPs) [1] to jointly address climate challenges and the impacts of the COVID pandemic and gas supply crisis. This study extends the analyses described in [2] by assessing the impact of the updated NECP drafts for Portugal and Spain [3], [4] on the Iberian Electricity Market (MIBEL). For this, we use CEVESA, a market model for the long-term planning and operation of MIBEL that computes the joint dispatch of energy and secondary reserve of the two interconnected single-price zones. Departing from the expected evolution of the electricity generation technologies and demand available in the NECP drafts, joint scenarios for Portugal and Spain are built with the latest CO2 allowances and fuel prices projections and the latest available historical data of hydro and renewable generation profiles. Simulations provide estimates for the expected market prices, technology generation dispatch, and the usage of the capacity of the interconnection lines between both countries, highlighting potential concerns and knowledge on future NECPs.

Abstract

Abstract
This paper describes a study developed to analyse the interest in investing in Li-ion batteries to perform price arbitrage in the power system of Portugal. In this context, it was developed a methodology to identify the most suitable hours for charging and discharging the energy, and the new market prices were estimated for these hours. It was concluded that at current investment costs in this storage technology, and current market prices, this investment would not be viable in the lifetime of the batteries despite the recent rise of electricity market prices and also the larger price spread. This spread is now larger given the depression of prices at sunny hours that is getting typical in the Iberian electricity market.

Abstract
The global push for environmental sustainability is driving substantial changes in power systems, prompting extensive grid upgrades. Policies and initiatives worldwide aim to reduce CO2 emissions, with a focus on increasing reliance on Renewable Energy Sources (RESs) and electrifying transportation. However, the geographical variability and uncertainties of RESs directly impact power generation and distribution, necessitating adjustments in transmission system planning and operation. This paper presents a Transmission Expansion Planning (TEP) model using the 2021 Texas snowstorm as a benchmark scenario, incorporating wind and solar energy penetration while addressing associated uncertainties. Climate Change (CC) and Extreme Weather Events (EWE) are integrated into the set of scenarios aiming at evaluating the proposed method's effectiveness. Comparisons in extreme operative conditions highlight the importance of network reliability and security, emphasizing the significance of merged grids. All simulations are conducted using the ACTIVSg2000 synthetic test system, which emulates the ERCOT grid, with comparisons made between TEP scenarios considering and disregarding CC and EWEs, supporting the concept of umbrella protection.