An Effective Broker for the Power TAC 2014

Conference Paper (2017)
Author(s)

Jasper Hoogland (Centrum Wiskunde & Informatica (CWI))

Han La Poutré (Centrum Wiskunde & Informatica (CWI), TU Delft - Intelligent Electrical Power Grids)

DOI related publication
https://doi.org/10.1007/978-3-319-54229-4_5 Final published version
More Info
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Publication Year
2017
Language
English
Bibliographical Note
This book constitutes revised selected papers from the 17th and 18th International Workshop on Agent-Mediated Electronic Commerce, AMEC TADA 2015 and 2016, which took place in Istanbul, Turkey, in May 2015, and in New York City, USA, in July 2016.
Pages (from-to)
66-80
Publisher
Springer
ISBN (print)
978-3-319-54228-7
ISBN (electronic)
978-3-319-54229-4
Downloads counter
93

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.