Simulating electricity markets with Java
TL;DR: In this paper, the simulation of electricity markets using Java technology is explored, and a multi-agent system template is used to simulate the electricity market. But, the simulation is limited to a power market with significant requirements on platform independent and interactive capabilities.
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Abstract: In recent years, the power systems of many countries have been restructured. Different models of electricity market emerged. A simulator that can serve as an educational tool, an evaluation tool, and a training tool would especially be useful for countries that are contemplating restructuring. A power market has significant requirements on platform independent and interactive capabilities. In this paper, the simulation of electricity markets using Java technology is explored. A multi-agent system template is used.
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Citations
Framework design of a general-purpose power market simulator based on multi-agent technology
Hongjin Liu,Bin Yuan,Hongwei Dai,Jikeng Lin,Y.X. Ni +4 more
- 15 Jul 2001
TL;DR: The framework design of a novel power market simulator based on the state-of-the-art multi-agent technology is suggested and described in detail, which is the first phase in developing a general-purpose power market Simulator.
Web-based security cost analysis in electricity markets
TL;DR: The proposed security cost analysis method is based on a system security index and its sensitivities with respect to certain system parameters and the implementation using a three-tier client/server architecture and up-to-date web technologies allows easy and effective access by all market participants to make competitive decisions.
17
Web-based framework for electricity market
H. Marmiroli,H. Suzuki +1 more
- 04 Apr 2000
TL;DR: An optimization process operated by the power exchange is introduced which ensures an appropriate evaluation of the generation offers for the available resources under some operational constraints and a market simulation approach is described.
16
Integrated software platform to teach different electricity spot market architectures
M. Madrigal,M. Flores +1 more
TL;DR: A software platform for the integrated short-term simulation of different energy spot market architectures and has been used to teach electricity market courses at undergraduate and graduate levels at Morelia Institute of Technology in Mexico and also in several special diploma programs on electricity markets.
11
Electricity market simulator: Adaptive for studies on different market behavior
D. Hua,H.W. Ngan,Fushuan Wen +2 more
- 01 Oct 2007
TL;DR: A web-based electricity market simulator designed and developed on an. NET platform is presented in this paper, which is of good flexibility and extensibility for simulating and visualizing the operation of the day-ahead and real-time electricity markets with pool-model.
References
Game theoretical multi-agent modelling of coalition formation for multilateral trades
TL;DR: In this article, a multi-agent model in conjunction with game theory is presented to resolve the coalition formation for multilateral trades in a free-market electric utility system. But the authors have implemented the model using the Java language and the JATLite/JAT0.3 agent development tools developed by Stanford University.
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Game Theoretical Multi-agent Modelling of Coalition Formation for Multilateral Trades
TL;DR: In this article, a multi-agent model in conjunction with game theory is presented to resolve the coalition formation for multilateral trades in a free-market electric utility system. But the authors have implemented the model using the Java language and the JATLite/JAT0.3 agent development tools developed by Stanford University.
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Object-oriented programming for flexible software: example of a load flow
TL;DR: The basic elements of object-oriented programming (OOP) are introduced and the advantages of this software approach for energy management systems are demonstrated with an implementation of the load flow function as a concrete example.
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Computer Simulation of Competitive Market Response
Arnold Everett Amstutz
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TL;DR: In this article, the authors present a comprehensive behavioral theory of market interactions and propose an approach to policy management based on the use of microanalytic computer simulation, which can provide realistic artificial environments in which managers evaluate historical strategies and examine the implications of proposed future marketing programs under various assumed competitive conditions.
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•Posted Content
Computer Simulation of Competitive Market Response
TL;DR: In this paper, the authors present a comprehensive behavioral theory of market interactions and propose an approach to policy management based on the use of microanalytic computer simulation, which can provide realistic artificial environments in which managers evaluate historical strategies and examine the implications of proposed future marketing programs under various assumed competitive conditions.
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