Title :
Adaptive multiagent model of electric power market with congestion management
Author :
Watanabe, Isamu ; Okada, Kenji ; Tokoro, Ken-ichi ; Matsui, Shouichi
Author_Institution :
Commun. & Inf. Res. Lab., Central Res. Inst. of Electr. Power Ind., Tokyo, Japan
Abstract :
We propose a new multiagent simulation model for analyzing the characteristics of the electricity market. The model maintains important features of the actual market, and congestion management is also built-in. We can discuss adequate rules of the electric power market and investigate the behavior of market price by the proposed model
Keywords :
electricity supply industry; learning (artificial intelligence); multi-agent systems; adaptive multiagent model; congestion management; electric power market; electricity market; market price; multi-agent simulation model; reinforcement learning; rules; Analytical models; Communication industry; Electricity supply industry; Energy management; Information analysis; Laboratories; Power generation economics; Power markets; Power system management; Power system modeling;
Conference_Titel :
Evolutionary Computation, 2002. CEC '02. Proceedings of the 2002 Congress on
Conference_Location :
Honolulu, HI
Print_ISBN :
0-7803-7282-4
DOI :
10.1109/CEC.2002.1006289
