A Successful Broker Agent for Power TAC

Conference paper
Part of the Lecture Notes in Business Information Processing book series (LNBIP, volume 187)

Abstract

The Power TAC simulates a smart grid energy market. In this simulation, broker agents compete for customers on a tariff market and trade energy on a wholesale market. It provides a platform for testing strategies of broker agents against other strategies. In this paper we describe the strategies of our broker agent. Amongst others, due to a beneficial trading technique related to equilibria in continuous auctions on the wholesale market and a strategy inspired by Tit-for-Tat in the Iterated Prisoner’s Dilemma game on the tariff market, our broker ended second in the 2013 Power TAC.

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Copyright information

© Springer International Publishing Switzerland 2014

Authors and Affiliations

  1. 1.Centrum Wiskunde and Informatica (CWI)AmsterdamThe Netherlands

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