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Applying Agent-based Modeling to Electricity Market Simulation


Knežević, Goran; Fekete, Krešimir; Nikolovski, Srete
Applying Agent-based Modeling to Electricity Market Simulation // 33rd International Convention on Information and Communication Technology, Electronics and Microelectronics, Proceedings Vol. III Computers in Technical Systems & Intelligent Systems / Bogunović, Nikola ; Ribarić, Slobodan (ur.).
Rijeka: Croatian Society for Information and Communication Technology, Electronics and Microelectronics - MIPRO, 2010. str. 81-86 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)


Naslov
Applying Agent-based Modeling to Electricity Market Simulation

Autori
Knežević, Goran ; Fekete, Krešimir ; Nikolovski, Srete

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
33rd International Convention on Information and Communication Technology, Electronics and Microelectronics, Proceedings Vol. III Computers in Technical Systems & Intelligent Systems / Bogunović, Nikola ; Ribarić, Slobodan - Rijeka : Croatian Society for Information and Communication Technology, Electronics and Microelectronics - MIPRO, 2010, 81-86

ISBN
978-953-233-053-3

Skup
33rd International Convention on Information and Communication Technology, Electronics and Microelectronics - MIPRO

Mjesto i datum
Opatija, Hrvatska, 24-28.05.2010

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Agent; Electricity Market; EMCAS; Power System; Modeling

Sažetak
The traditional electric companies that operated as a regulated monopoly that controlled all aspects of electricity service are changed. They are separated in those for generation, transmission and distribution. Demanding companies, ISO (Independent system operator), regulator are new entities which enable function of restructured electricity market. That form of market where multiple companies are competing to provide the different services is called deregulated electricity market. In terms of understanding electricity market function, relations among market participants and problems that can occur in deregulated markets, it is necessary to model and simulate electricity market. One of the modeling and simulation methods is agent-based method. EMCAS (Electricity Market Complex Adaptive System) is computer program that enables agent-based modeling and simulation. This paper point up possibility of appliance agent-based modeling and simulation to future Croatian electricity market. The created computer model is being used to simulate two scenarios: base case and price-probing strategy of Generation company. Influence of price probing strategies on electricity price and generators profit is shown.

Izvorni jezik
Engleski

Znanstvena područja
Elektrotehnika



POVEZANOST RADA


Projekt / tema
165-1651481-1482 - Kvaliteta i pouzdanost pogona EES Hrvatske na regionalnom tržištu el. energije (Srete Nikolovski, )

Ustanove
Fakultet elektrotehnike, računarstva i informacijskih tehnologija Osijek