A multi-agent system for the support of producer coalition formation in electricity markets

All over the world Distributed Generation is seen as a valuable help to get cleaner and more efficient electricity. To get negotiation power and advantages of scale economy, distributed producers can be aggregated giving place to a new concept: the Virtual Power Producer. Virtual Power Producers are...

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Bibliographic Details
Main Author: Praça, Isabel (author)
Other Authors: Andrade, André (author), Morais, H. (author), Cardoso, Marilio (author), Ramos, Carlos (author), Vale, Zita (author)
Format: conferenceObject
Language:eng
Published: 2013
Subjects:
Online Access:http://hdl.handle.net/10400.22/1362
Country:Portugal
Oai:oai:recipp.ipp.pt:10400.22/1362
Description
Summary:All over the world Distributed Generation is seen as a valuable help to get cleaner and more efficient electricity. To get negotiation power and advantages of scale economy, distributed producers can be aggregated giving place to a new concept: the Virtual Power Producer. Virtual Power Producers are multitechnology and multi-site heterogeneous entities. Virtual Power Producers should adopt organization and management methodologies so that they can make Distributed Generation a really profitable activity, able to participate in the market. In this paper we address the development of a multi-agent market simulator – MASCEM – able to study alternative coalitions of distributed producers in order to identify promising Virtual Power Producers in an electricity market.