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Elspot: Nord Pool Spot Integration in MASCEM Electricity Market Simulator

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dc.contributor.authorFernandes, Ricardo
dc.contributor.authorSantos, Gabriel
dc.contributor.authorPraça, Isabel
dc.contributor.authorPinto, Tiago
dc.contributor.authorMorais, Hugo
dc.contributor.authorPereira, Ivo
dc.contributor.authorVale, Zita
dc.date.accessioned2015-05-05T10:10:05Z
dc.date.available2015-05-05T10:10:05Z
dc.date.issued2014
dc.description.abstractThe energy sector in industrialized countries has been restructured in the last years, with the purpose of decreasing electricity prices through the increase in competition, and facilitating the integration of distributed energy resources. However, the restructuring process increased the complexity in market players' interactions and generated emerging problems and new issues to be addressed. In order to provide players with competitive advantage in the market, decision support tools that facilitate the study and understanding of these markets become extremely useful. In this context arises MASCEM (Multi-Agent Simulator of Competitive Electricity Markets), a multi-agent based simulator that models real electricity markets. To reinforce MASCEM with the capability of recreating the electricity markets reality in the fullest possible extent, it is crucial to make it able to simulate as many market models and player types as possible. This paper presents a new negotiation model implemented in MASCEM based on the negotiation model used in day-ahead market (Elspot) of Nord Pool. This is a key module to study competitive electricity markets, as it presents well defined and distinct characteristics from the already implemented markets, and it is a reference electricity market in Europe (the one with the larger amount of traded power).por
dc.identifier.doi10.1007/978-3-319-07767-3_24
dc.identifier.urihttp://hdl.handle.net/10400.22/5908
dc.language.isoengpor
dc.peerreviewedyespor
dc.publisherSpringerpor
dc.relation.ispartofseriesCommunications in Computer and Information Science;Vol. 430
dc.relation.publisherversionhttp://link.springer.com/chapter/10.1007/978-3-319-07767-3_24por
dc.subjectMulti-agent based simulatorpor
dc.subjectMASCEMpor
dc.subjectNord Poolpor
dc.titleElspot: Nord Pool Spot Integration in MASCEM Electricity Market Simulatorpor
dc.typebook part
dspace.entity.typePublication
oaire.citation.endPage272por
oaire.citation.startPage262por
oaire.citation.titleAdvances in Intelligent Systems and Computingpor
oaire.citation.volume430por
person.familyNamePraça
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person.familyNameVale
person.givenNameIsabel
person.givenNameTiago
person.givenNameHugo
person.givenNameIvo
person.givenNameZita
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rcaap.rightsclosedAccesspor
rcaap.typebookPartpor
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