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(Virtual) Agents for running electricity markets

dc.contributor.authorTrigo, Paulo
dc.contributor.authorMarques, Paulo
dc.contributor.authorCoelho, Helder
dc.date.accessioned2011-11-24T15:23:36Z
dc.date.available2011-11-24T15:23:36Z
dc.date.issued2010-11
dc.description.abstractThis paper describes a multi-agent based simulation (MABS) framework to construct an artificial electric power market populated with learning agents. The artificial market, named TEMMAS (The Electricity Market Multi-Agent Simulator), explores the integration of two design constructs: (i) the specification of the environmental physical market properties and (ii) the specification of the decision-making (deliberative) and reactive agents. TEMMAS is materialized in an experimental setup involving distinct power generator companies that 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.por
dc.identifier.citationTRIGO, Paulo; MARQUES, Paulo; COELHO, Helder – (Virtual) Agents for running electricity markets. Simulation Modelling Practice and Theory. ISSN 1569-190X. Vol. 18, N.º 10 (2010), pp. 1442-1452.por
dc.identifier.doi10.1016/j.simpat.2010.04.003
dc.identifier.issn1569-190X
dc.identifier.urihttp://hdl.handle.net/10400.21/540
dc.language.isoengpor
dc.peerreviewedyespor
dc.publisherElsevier Science BVpor
dc.subjectMulti-agent based simulationpor
dc.subjectElectricity market modelingpor
dc.subjectSequential decision processpor
dc.subjectAdaptation and learningpor
dc.title(Virtual) Agents for running electricity marketspor
dc.typejournal article
dspace.entity.typePublication
oaire.citation.conferencePlaceAmsterdampor
oaire.citation.endPage1452por
oaire.citation.issue10por
oaire.citation.startPage1442por
oaire.citation.titleSimulation Modelling Practice and Theorypor
oaire.citation.volume18
person.familyNameMarques
person.givenNamePaulo
person.identifier.ciencia-idF917-BA1E-09F1
person.identifier.orcid0000-0002-7479-0119
rcaap.rightsrestrictedAccesspor
rcaap.typearticlepor
relation.isAuthorOfPublication507aa2a6-7596-486e-8b39-e47f3b345704
relation.isAuthorOfPublication.latestForDiscovery507aa2a6-7596-486e-8b39-e47f3b345704

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