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Realistic Multi-Agent Simulation of Competitive Electricity Markets

dc.contributor.authorPinto, Tiago
dc.contributor.authorSantos, Gabriel
dc.contributor.authorVale, Zita
dc.contributor.authorPraça, Isabel
dc.contributor.authorLopes, Fernando
dc.contributor.authorAlgarvio, Hugo
dc.date.accessioned2015-05-06T14:27:26Z
dc.date.available2015-05-06T14:27:26Z
dc.date.issued2014-09-01
dc.description.abstractThe dynamism and ongoing changes that the electricity markets sector is constantly suffering, enhanced by the huge increase in competitiveness, create the need of using simulation platforms to support operators, regulators, and the involved players in understanding and dealing with this complex environment. This paper presents an enhanced electricity market simulator, based on multi-agent technology, which provides an advanced simulation framework for the study of real electricity markets operation, and the interactions between the involved players. MASCEM (Multi-Agent Simulator of Competitive Electricity Markets) uses real data for the creation of realistic simulation scenarios, which allow the study of the impacts and implications that electricity markets transformations bring to different countries. Also, the development of an upper-ontology to support the communication between participating agents, provides the means for the integration of this simulator with other frameworks, such as MAN-REM (Multi-Agent Negotiation and Risk Management in Electricity Markets). A case study using the enhanced simulation platform that results from the integration of several systems and different tools is presented, with a scenario based on real data, simulating the MIBEL electricity market environment, and comparing the simulation performance with the real electricity market results.por
dc.identifier.doi10.1109/DEXA.2014.36
dc.identifier.urihttp://hdl.handle.net/10400.22/5945
dc.language.isoengpor
dc.publisherIEEEpor
dc.relation.ispartofseriesDEXA;2014
dc.relation.publisherversionhttp://ieeexplore.ieee.org/xpl/articleDetails.jsp?tp=&arnumber=6974835&queryText%3DRealistic+Multi-Agent+Simulation+of+Competitive+Electricity+Marketspor
dc.subjectElectricity Markets Simulationpor
dc.subjectMAN-REMpor
dc.subjectMASCEMpor
dc.subjectMulti-Agent Systemspor
dc.subjectScenarios Generationpor
dc.titleRealistic Multi-Agent Simulation of Competitive Electricity Marketspor
dc.typeconference object
dspace.entity.typePublication
oaire.citation.conferencePlaceMunich, Germanypor
oaire.citation.endPage113por
oaire.citation.startPage109por
oaire.citation.titleThird International Workshop on Intelligent Agent Technology, Power Systems and Energy Markets (IATEM 2014) at the 25th International Conference on Database and Expert Systems Applications (DEXA 2014)por
person.familyNamePinto
person.familyNameVale
person.familyNamePraça
person.givenNameTiago
person.givenNameZita
person.givenNameIsabel
person.identifierR-000-T7J
person.identifier632184
person.identifier299522
person.identifier.ciencia-id2414-9B03-C4BB
person.identifier.ciencia-id721B-B0EB-7141
person.identifier.ciencia-idC710-4218-1BFF
person.identifier.orcid0000-0001-8248-080X
person.identifier.orcid0000-0002-4560-9544
person.identifier.orcid0000-0002-2519-9859
person.identifier.ridT-2245-2018
person.identifier.ridA-5824-2012
person.identifier.ridK-8430-2014
person.identifier.scopus-author-id35219107600
person.identifier.scopus-author-id7004115775
person.identifier.scopus-author-id22734900800
rcaap.rightsclosedAccesspor
rcaap.typeconferenceObjectpor
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relation.isAuthorOfPublication.latestForDiscoveryff1df02d-0c0f-4db1-bf7d-78863a99420b

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