Title :
Adaptive Tool for Automatic Data Collection of Real Electricity Markets
Author :
Praça, I. ; Sousa, T.M. ; Freitas, A. ; Pinto, T. ; Vale, Z. ; Silva, M.
Author_Institution :
GECAD - Knowledge Eng. & Decision-Support Res. Center, Polytech. of Porto, Porto, Portugal
Abstract :
The study of electricity markets operation has been gaining an increasing importance in last years, as result of the new challenges that the electricity markets restructuring produced. This restructuring increased the competitiveness of the market, but with it its complexity. The growing complexity and unpredictability of the market´s evolution consequently increases the decision making difficulty. Therefore, the intervenient entities are forced to rethink their behaviour and market strategies. Currently, lots of information concerning electricity markets is available. These data, concerning innumerous regards of electricity markets operation, is accessible free of charge, and it is essential for understanding and suitably modelling electricity markets. This paper proposes a tool which is able to handle, store and dynamically update data. The development of the proposed tool is expected to be of great importance to improve the comprehension of electricity markets and the interactions among the involved entities.
Keywords :
data handling; decision making; learning (artificial intelligence); multi-agent systems; power engineering computing; power markets; storage management; adaptive tool; automatic data collection; behaviour strategies; data handling; data storage; data update; decision making difficulty; growing complexity; growing unpredictability; machine learning; market strategies; multiagent simulators; real electricity markets operation; Adaptation models; Contracts; Data mining; Data models; Databases; Electricity supply industry; Multiagent systems; Databases; Electricity Markets; Machine Learning; Multi-Agent Simulators; Real Electricity Markets;
Conference_Titel :
Database and Expert Systems Applications (DEXA), 2012 23rd International Workshop on
Conference_Location :
Vienna
Print_ISBN :
978-1-4673-2621-6
DOI :
10.1109/DEXA.2012.79