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A multi-agent system to support decision making in electricity markets

2004-07-23Comunicação em conferência Acesso aberto
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datacite.subject.fosEngenharia e Tecnologia::Engenharia Eletrotécnica, Eletrónica e Informática
datacite.subject.sdg09:Indústria, Inovação e Infraestruturas
dc.contributor.authorPraça, Isabel
dc.contributor.authorRamos, Carlos
dc.contributor.authorVale, Zita
dc.contributor.authorCordeiro, Manuel
dc.contributor.editorRamos, Carlos
dc.contributor.editorVale, Zita
dc.date.accessioned2026-04-10T08:02:16Z
dc.date.available2026-04-10T08:02:16Z
dc.date.issued2004-07-23
dc.description.abstractThroughout the world, the electricity industry is undergoing enormous changes in the structure of its markets and their regulations. The electricity industry is evolving into a distributed and competitive industry in which market forces drive the price of electricity. Changes are towards a competitive framework and a market environment is replacing the traditional centralized operation approach. As electricity markets evolve there is a need for new modelling approaches that simulate how electric power markets could evolve over time and how participants in these markets may act and react to the changing economic, financial and regulatory environment in which they operate. In this paper we present a Multi-Agent simulator to give decision support in Competitive Electricity Markets combining bilateral trading with power exchange mechanisms. This Multi-Agent environment includes several heterogeneous and autonomous intelligent agents, which are endowed with historical information about the market and have strategic behaviour to negotiate. This paper focuses on the different negotiation mechanisms supported by the simulator, and on agents’ strategic behaviour to face them. A special attention is devoted to the structure of market players, Seller and Buyer agents, particularly in what concerns their decision analysis process to face the challenging market.eng
dc.identifier.citationPraça, I., Ramos, C., Vale, Z. & Cordeiro, M. (2004, July 21-23). A multi-agent system to support decision making in electricity markets. In Ramos, C. & Vale, Z. (Eds) Proceedings of the International Conference of Knowledge Engineering and Decision Support, ICKEDS´04. (pp. 123-130). Porto. Portugal
dc.identifier.isbn972-8688-24-5
dc.identifier.urihttp://hdl.handle.net/10400.22/32202
dc.language.isoeng
dc.peerreviewedyes
dc.publisherKnowledge Engineering and Decision Support Research Group - GECAD
dc.rights.uriN/A
dc.subjectSimulation
dc.subjectDecision-making
dc.subjectIntelligent Agents
dc.subjectElectricity Markets
dc.titleA multi-agent system to support decision making in electricity marketseng
dc.typeconference paper
dspace.entity.typePublication
oaire.citation.conferenceDate2004-07-23
oaire.citation.conferencePlacePorto, Portugal
oaire.citation.endPage130
oaire.citation.startPage123
oaire.citation.titleInternational Conference of Knowledge Engineering and Decision Support, ICKEDS´04
oaire.versionhttp://purl.org/coar/version/c_970fb48d4fbd8a85
person.familyNamePraça
person.familyNameRamos
person.familyNameVale
person.givenNameIsabel
person.givenNameCarlos
person.givenNameZita
person.identifier299522
person.identifier632184
person.identifier.ciencia-idC710-4218-1BFF
person.identifier.ciencia-id1011-FAFC-AEBA
person.identifier.ciencia-id721B-B0EB-7141
person.identifier.orcid0000-0002-2519-9859
person.identifier.orcid0000-0002-5143-1711
person.identifier.orcid0000-0002-4560-9544
person.identifier.ridK-8430-2014
person.identifier.ridK-7403-2014
person.identifier.ridA-5824-2012
person.identifier.scopus-author-id22734900800
person.identifier.scopus-author-id7201559105
person.identifier.scopus-author-id7004115775
relation.isAuthorOfPublicationee4ecacd-c6c6-41e8-bca1-21a60ff05f50
relation.isAuthorOfPublication43ef055e-80e6-4b31-8400-2d3592927e03
relation.isAuthorOfPublicationff1df02d-0c0f-4db1-bf7d-78863a99420b
relation.isAuthorOfPublication.latestForDiscoveryee4ecacd-c6c6-41e8-bca1-21a60ff05f50

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ISEP – DEI – Comunicações em eventos científicos