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Agent-based simulation of retail electricity markets: Bilateral trading players

dc.contributor.authorLopes, Fernando
dc.contributor.authorAlgarvio, Hugo
dc.contributor.authorCoelho, Helder
dc.date.accessioned2013-12-10T17:20:44Z
dc.date.available2013-12-10T17:20:44Z
dc.date.issued2013
dc.description.abstractThe electricity industry throughout the world, which has long been dominated by vertically integrated utilities, has experienced major changes. Deregulation, unbundling, wholesale and retail wheeling, and real-time pricing were abstract concepts a few years ago. Today market forces drive the price of electricity and reduce the net cost through increased competition. As power markets continue to evolve, there is a growing need for advanced modeling approaches. Accordingly, this article looks at using software agents to help manage the complexity of electricity markets, particularly retail markets. The article focuses on bilateral trading and describes some important features of an agent-based system for bilateral contracting. Special attention is devoted to the characteristics and negotiation behaviour of Buyer and Seller agents.por
dc.identifier.citationLopes, F.; Algarvio, H.; Coelho, H. Agent-based simulation of retail electricity markets: Bilateral trading players. In: 24th International Workshop on Database and Expert Systems Applications (DEXA), Los Alamitos, California, 26-30 August, 2013, p. 189-193por
dc.identifier.issn1529-4188
dc.identifier.urihttp://hdl.handle.net/10400.9/2091
dc.language.isoengpor
dc.publisherIEEE - Conference Publicationspor
dc.relation.publisherversionhttp://dx.doi.org/10.1109/DEXA.2013.50por
dc.subjectElectricity marketspor
dc.subjectTrading strategiespor
dc.subjectBilateral contractingpor
dc.subjectSoftware agentspor
dc.titleAgent-based simulation of retail electricity markets: Bilateral trading playerspor
dc.typeconference object
dspace.entity.typePublication
oaire.citation.conferencePlaceLos Alamitos, Californiapor
oaire.citation.endPage193por
oaire.citation.startPage189por
oaire.citation.title24th International Workshop on Database and Expert Systems Applications (DEXA)por
person.familyNameLopes
person.givenNameFernando
person.identifier.ciencia-idB01D-304F-6CD3
person.identifier.orcid0000-0002-2967-627X
person.identifier.orcid0000-0002-4129-838X
rcaap.rightsopenAccesspor
rcaap.typeconferenceObjectpor
relation.isAuthorOfPublicationa1153343-c1b9-406e-a83a-30dbee18d6a3
relation.isAuthorOfPublication63bffd90-c233-4ffe-b222-d5b12e31ae33
relation.isAuthorOfPublication.latestForDiscoverya1153343-c1b9-406e-a83a-30dbee18d6a3

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