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A Multi Agent Based Simulator for Brazilian Wholesale Electricity Energy Market

  • Wagner da Silva Lima
  • Eduardo Noronha de Andrade Freitas
Part of the Lecture Notes in Computer Science book series (LNCS, volume 4140)

Abstract

During the last two decades power systems industry has undergone many changes world-wide, seeking to create competitive wholesale electricity markets. In these markets, power suppliers and consumers are free to negotiate the terms of their contracts, e.g., energy prices, power quantities and contract durations in several auctions structures. Multi-agent systems are a widely used computer paradigm in the simulation of these new power market business models. A usual approach is to develop a specific application within a standard agent management framework, such as JADE. Several approaches are commonly used for market simulations: those that evaluate the behavior of supplier and demand agents under several auction models, and others that focus on each market’s particular operations and problems, i.e., they simulate realtime market operating conditions. This work presents a multi-agent-based simulator for Brazilian electrical power market, incorporating operational and commercial models.

Keywords

Multiagent System Spot Price Multi Agent Independent System Operator Bilateral Contract 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2006

Authors and Affiliations

  • Wagner da Silva Lima
    • 1
  • Eduardo Noronha de Andrade Freitas
    • 1
  1. 1.Energy Research and Studies Workgroup, Electrical and Computer Engineering SchoolUFGGoiânia, GoiásBrazil

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