Abstract
Like in any other auctioning environment, entities participating in Power Stock Markets have to compete against other in order to maximize own revenue. Towards the satisfaction of their goal, these entities (agents - human or software ones) may adopt different types of strategies - from na?ve to extremely complex ones - in order to identify the most profitable goods compilation, the appropriate price to buy or sell etc, always under time pressure and auction environment constraints. Decisions become even more difficult to make in case one takes the vast volumes of historical data available into account: goods’ prices, market fluctuations, bidding habits and buying opportunities. Within the context of this paper we present Cassandra, a multi-agent platform that exploits data mining, in order to extract efficient models for predicting Power Settlement prices and Power Load values in typical Day-ahead Power markets. The functionality of Cassandra is discussed, while focus is given on the bidding mechanism of Cassandra’s agents, and the way data mining analysis is performed in order to generate the optimal forecasting models. Cassandra has been tested in a real-world scenario, with data derived from the Greek Energy Stock market.
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Chrysopoulos, A.C., Symeonidis, A.L., Mitkas, P.A. (2009). Improving Agent Bidding in Power Stock Markets through a Data Mining Enhanced Agent Platform. In: Cao, L., Gorodetsky, V., Liu, J., Weiss, G., Yu, P.S. (eds) Agents and Data Mining Interaction. ADMI 2009. Lecture Notes in Computer Science(), vol 5680. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-03603-3_9
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