JAVA based Power Trading Simulator in Electricity Market
نویسندگان
چکیده
منابع مشابه
JAVA based Power Trading Simulator in Electricity Market
The electricity market has been restructuring throughout the world for maximum utilisation of resources and the system is expended to maximise social welfare. Economic gains based on regional cooperation in the energy sector have become a firmly established practice across the world. In this paper we have proposed a JAVA based power trading simulator that will estimate market clearing price. A ...
متن کاملAn Agent-based Electricity Market Simulator
In a real electricity market, complete information of rivals’ behavior is not available to market participants. Therefore, they make their bidding strategies based on the historical information of the market clearing price. In this paper, a new market simulator is introduced for a joint energy and spinning reserve market, in which market participants’ learning process is modeled using Q-learnin...
متن کاملNEMSIM: Agent-based Simulator for Australia's National Electricity Market
NEMSIM is an agent-based simulation model under development that represents Australia's National Electricity Market (NEM) as an evolving system of complex interactions between human behaviour in markets, technical infrastructures and the natural environment. Users of NEMSIM will be able to explore various evolutionary pathways of the NEM under different assumptions about trading and investment ...
متن کاملElectronic OTC Trading in the German Wholesale Electricity Market
Recent changes in the German energy policy initiated a deregulation process from a monopolistic to a competitive market, fundamentally changing the market structure, transaction relationships and trading processes. While the mutual exchange of electric energy has been a business activity between vertically integrated utilities for a long time, wholesale electricity trading in an open market onl...
متن کاملPredicting market power in wholesale electricity markets
The traditional measure of market power is the HHI, which gives implausible results given the low elasticity of demand in electricity spot markets, unless it is adapted to take account of contracting. In its place the Residual Supply Index has been proposed as a more suitable index to measure potential market power in electricity markets, notably in California and more recently in the EU Sector...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: International Journal of Computer Applications
سال: 2012
ISSN: 0975-8887
DOI: 10.5120/6257-8403