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Demonstration of Realistic Multi-agent Scenario Generator for Electricity Markets Simulation

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Advances in Practical Applications of Agents, Multi-Agent Systems, and Sustainability: The PAAMS Collection (PAAMS 2015)

Abstract

Worldwide electricity markets (EM) have undertaken a great revolution with the emergence of the liberalized market [1]. The restructuring of the constituent sectors of EM (production, marketing, transportation and distribution) turned EM into a more competitive environment, which in turn led to increased decision-making difficulty. In order to overcome the complexity and unpredictability of this sector, simulation tools began to be a great investment area. EM simulators are tools that help clarifying the functioning of markets in order to create profiles of the participant players through the analysis, study and forecast of different scenarios [2]. The profiles of participant players allow the understanding of the type of strategies taken by them and support their decision-making processes.

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References

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Correspondence to Francisco Silva .

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Silva, F., Teixeira, B., Pinto, T., Santos, G., Praça, I., Vale, Z. (2015). Demonstration of Realistic Multi-agent Scenario Generator for Electricity Markets Simulation. In: Demazeau, Y., Decker, K., Bajo Pérez, J., de la Prieta, F. (eds) Advances in Practical Applications of Agents, Multi-Agent Systems, and Sustainability: The PAAMS Collection. PAAMS 2015. Lecture Notes in Computer Science(), vol 9086. Springer, Cham. https://doi.org/10.1007/978-3-319-18944-4_36

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  • DOI: https://doi.org/10.1007/978-3-319-18944-4_36

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-18943-7

  • Online ISBN: 978-3-319-18944-4

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