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Demonstration of the Multi-Agent Simulator of Competitive Electricity Markets

2013Book part Restricted access
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dc.contributor.authorPinto, Tiago
dc.contributor.authorPraça, Isabel
dc.contributor.authorSantos, Gabriel
dc.contributor.authorVale, Zita
dc.date.accessioned2015-05-04T16:25:59Z
dc.date.available2015-05-04T16:25:59Z
dc.date.issued2013
dc.description.abstractElectricity markets are complex environments with very particular characteristics. A critical issue concerns the constant changes they are subject to. This is a result of the electricity markets’ restructuring, performed so that the competitiveness could be increased, but with exponential implications in the increase of the complexity and unpredictability in those markets’ scope. The constant growth in markets unpredictability resulted in an amplified need for market intervenient entities in foreseeing market behavior. The need for understanding the market mechanisms and how the involved players’ interaction affects the outcomes of the markets, contributed to the growth of usage of simulation tools. Multi-agent based software is particularly well fitted to analyze dynamic and adaptive systems with complex interactions among its constituents, such as electricity markets. This paper presents the Multi-Agent System for Competitive Electricity Markets (MASCEM) – a simulator based on multi-agent technology that provides a realistic platform to simulate electricity markets, the numerous negotiation opportunities and the participating entities.por
dc.identifier.doi10.1007/978-3-642-38073-0_36
dc.identifier.isbn978-3-642-38072-3
dc.identifier.urihttp://hdl.handle.net/10400.22/5903
dc.language.isoengpor
dc.peerreviewedyespor
dc.publisherSpringerpor
dc.relation.ispartofseriesLecture Notes in Computer Science;Vol. 7879
dc.relation.publisherversionhttp://link.springer.com/chapter/10.1007/978-3-642-38073-0_36por
dc.subjectElectricity marketspor
dc.subjectAdaptive learningpor
dc.subjectMulti-agent simulationpor
dc.titleDemonstration of the Multi-Agent Simulator of Competitive Electricity Marketspor
dc.typebook part
dspace.entity.typePublication
oaire.citation.endPage319por
oaire.citation.startPage316por
oaire.citation.titleAdvances on Practical Applications of Agents and Multi-Agent Systemspor
oaire.citation.volume7879por
person.familyNamePinto
person.familyNamePraça
person.familyNameVale
person.givenNameTiago
person.givenNameIsabel
person.givenNameZita
person.identifierR-000-T7J
person.identifier299522
person.identifier632184
person.identifier.ciencia-id2414-9B03-C4BB
person.identifier.ciencia-idC710-4218-1BFF
person.identifier.ciencia-id721B-B0EB-7141
person.identifier.orcid0000-0001-8248-080X
person.identifier.orcid0000-0002-2519-9859
person.identifier.orcid0000-0002-4560-9544
person.identifier.ridT-2245-2018
person.identifier.ridK-8430-2014
person.identifier.ridA-5824-2012
person.identifier.scopus-author-id35219107600
person.identifier.scopus-author-id22734900800
person.identifier.scopus-author-id7004115775
rcaap.rightsclosedAccesspor
rcaap.typebookPartpor
relation.isAuthorOfPublication8d58ddc0-1023-47c0-a005-129d412ce98d
relation.isAuthorOfPublicationee4ecacd-c6c6-41e8-bca1-21a60ff05f50
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relation.isAuthorOfPublication.latestForDiscoveryee4ecacd-c6c6-41e8-bca1-21a60ff05f50

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