DocumentCode :
3444438
Title :
Simulating a Multi-agent Electricity Market
Author :
Trigo, Paulo ; Coelho, Helder
Author_Institution :
DEETC, ISEL Inst. Super. de Eng. de Lisboa, Lisbon, Portugal
fYear :
2010
fDate :
24-25 Oct. 2010
Firstpage :
90
Lastpage :
95
Abstract :
This paper proposes a multi-agent based simulation (MABS) framework to construct an artificial electric power market populated with learning agents. The proposed frame-work facilitates the integration of two MABS constructs: i) the design of the environmental physical market properties, and ii) the simulation models of the decision-making and reactive agents. The framework is materialized in an experimental setup involving distinct power generator companies which operate in the market and search for the trading strategies that best exploit their generating units´ resources. The experimental results show a coherent market behavior that emerges from the overall simulated environment.
Keywords :
digital simulation; electronic commerce; multi-agent systems; power engineering computing; power markets; MABS; artificial electric power market; decision-making agents; distinct power generator companies; environmental physical market properties; learning agents; market behavior; multiagent based simulation framework; multiagent electricity market; reactive agents; trading strategies; Companies; Decision making; Electricity; Generators; Heating; Markov processes; Power systems; Decision Making; Electricity Market Simulation; Learning; Multi Agent System;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Social Simulation (BWSS), 2010 Second Brazilian Workshop on
Conference_Location :
Sao Bernardo do Campo, Sao Paulo
Print_ISBN :
978-1-4577-0895-4
Electronic_ISBN :
978-0-7695-4471-7
Type :
conf
DOI :
10.1109/BWSS.2010.14
Filename :
6030019
Link To Document :
بازگشت