An Effective Broker for the Power TAC 2014
Jasper Hoogland (Centrum Wiskunde & Informatica (CWI))
Han La Poutré (Centrum Wiskunde & Informatica (CWI), TU Delft - Intelligent Electrical Power Grids)
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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.