2011
Autores
Pinto, T; Vale, Z; Rodrigues, F; Praca, I; Morais, H;
Publicação
2011 16th International Conference on Intelligent System Applications to Power Systems, ISAP 2011
Abstract
Electricity markets are complex environments, involving a large number of different entities, playing in a dynamic scene to obtain the best advantages and profits. MASCEM is a multi-agent electricity market simulator to model market players and simulate their operation in the market. Market players are entities with specific characteristics and objectives, making their decisions and interacting with other players. MASCEM provides several dynamic strategies for agents' behavior. This paper presents a method that aims to provide market players with strategic bidding capabilities, allowing them to obtain the higher possible gains out of the market. This method uses a reinforcement learning algorithm to learn from experience how to choose the best from a set of possible bids. These bids are defined accordingly to the cost function that each producer presents. © 2011 IEEE.
2011
Autores
Vale, ZA; Canizes, B; Soares, J; Oliveira, P; Sousa, T; Pinto, T;
Publicação
2011 16th International Conference on Intelligent System Applications to Power Systems, ISAP 2011
Abstract
This paper present a methodology to choose the distribution networks reconfiguration that presents the lower power losses. The proposed methodology is based on statistical failure and repair data of the distribution power system components and uses fuzzy-probabilistic modeling for system component outage parameters. The proposed hybrid method using fuzzy sets and Monte Carlo simulation based on the fuzzy-probabilistic models allows catching both randomness and fuzziness of component outage parameters. © 2011 IEEE.
2011
Autores
Santos, G; Pinto, T; Morais, H; Praca, I; Vale, Z;
Publicação
2011 8th International Conference on the European Energy Market, EEM 11
Abstract
The restructuring that the energy sector has suffered in industrialized countries originated a greater complexity in market players' interactions, and thus new problems and issues to be addressed. Decision support tools that facilitate the study and understanding of these markets become extremely useful to provide players with competitive advantage. In this context arises MASCEM, a multi-agent system for simulating competitive electricity markets. To provide MASCEM with the capacity to recreate the electricity markets reality in the fullest possible extent, it is essential to make it able to simulate as many market models and player types as possible. This paper presents the development of the Complex Market in MASCEM. This module is fundamental to study competitive electricity markets, as it exhibits different characteristics from the already implemented market types. © 2011 IEEE.
2011
Autores
Pinto, T; Vale, Z; Rodrigues, F; Praca, I; Morais, H;
Publicação
IEEE SSCI 2011 - Symposium Series on Computational Intelligence - IA 2011: 2011 IEEE Symposium on Intelligent Agents
Abstract
Electricity markets are complex environments with very particular characteristics. MASCEM is a market simulator developed to allow deep studies of the interactions between the players that take part in the electricity market negotiations. This paper presents a new proposal for the definition of MASCEM players' strategies to negotiate in the market. The proposed methodology is multiagent based, using reinforcement learning algorithms to provide players with the capabilities to perceive the changes in the environment, while adapting their bids formulation according to their needs, using a set of different techniques that are at their disposal. © 2011 IEEE.
2011
Autores
Pinto, T; Vale, Z; Rodrigues, F; Morais, H; Praca, I;
Publicação
Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Abstract
The very particular characteristics of electricity markets, require deep studies of the interactions between the involved players. MASCEM is a market simulator developed to allow studying electricity market negotiations. This paper presents a new proposal for the definition of MASCEM players' strategies to negotiate in the market. The proposed methodology is implemented as a multiagent system, using reinforcement learning algorithms to provide players with the capabilities to perceive the changes in the environment, while adapting their bids formulation according to their needs, using a set of different techniques that are at their disposal. This paper also presents a methodology to define players' models based on the historic of their past actions, interpreting how their choices are affected by past experience, and competition. © 2011 Springer-Verlag.
2011
Autores
Pinto, T; Vale, Z; Rodrigues, F; Morais, H; Praca, I;
Publicação
ADVANCES ON PRACTICAL APPLICATIONS OF AGENTS AND MULTI-AGENT SYSTEMS
Abstract
Electricity markets are complex environments with very particular characteristics. MASCEM is a market simulator developed to allow deep studies of the interactions between the players that take part in the electricity market negotiations. This paper presents a new proposal for the definition of MASCEM players' strategies to negotiate in the market. The proposed methodology is multi-agent based, using reinforcement learning algorithms to provide players with the capabilities to perceive the changes in the environment, while adapting their bids formulation according to their needs, using a set of different techniques that are at their disposal. Each agent has the knowledge about a different method for defining a strategy for playing in the market, the main agent chooses the best among all those, and provides it to the market player that requests, to be used in the market. This paper also presents a methodology to manage the efficiency/effectiveness balance of this method, to guarantee that the degradation of the simulator processing times takes the correct measure.
The access to the final selection minute is only available to applicants.
Please check the confirmation e-mail of your application to obtain the access code.