Abstract
We describe a simplified model of the UK market in electricity where autonomous adaptive agents representing electricity generation companies compete by bidding for the right to generate in a series of noncooperative games simulating scenarios seen in the real world market. We investigate the effects on agent behaviour of alterations of the settlement method and examine under what conditions cooperation to receive increased payments can emerge between the agents
Original language | English |
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Pages | 891-896 |
Number of pages | 6 |
DOIs | |
Publication status | Published - Dec 2000 |
Event | Proceedings of IEEE-PES / CSEE International conference on power system technology (Powercon 2000) - Perth, Australia Duration: 4 Dec 2000 → 7 Dec 2000 |
Conference
Conference | Proceedings of IEEE-PES / CSEE International conference on power system technology (Powercon 2000) |
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Country/Territory | Australia |
City | Perth |
Period | 4/12/00 → 7/12/00 |