An Effective Broker for the Power TAC 2014

Conference paper (2017)

Authors

J. Hoogland Centrum Wiskunde & Informatica (CWI)
J.A. la Poutré Intelligent Electrical Power Grids - EEMCS , Centrum Wiskunde & Informatica (CWI)
Research Group
Intelligent Electrical Power Grids (EEMCS) (TU Delft)
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Published Date

2017

Language

English

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Faculty

Electrical Engineering, Mathematics and Computer Science

Department

Electrical Sustainable Energy

Research Group

Intelligent Electrical Power Grids

Abstract

The Power TAC is a competition-based simulation of an electricity market. The goal of the competition is to test retailer (broker) strategies in a competitive environment. Participants create broker agents that trade electricity. In this paper we describe our broker, which we created as a participant of the 2014 Power TAC competition. We describe the strategies for two main components of the game: the tariff market and the wholesale market. We also discuss the performance of our broker in the competition, where we were second in the final ranking.

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