English, Article, Journal or magazine article edition: Market Design Test Environments Widergren, Steven; Sun, Junjie; Tesfatsion, Leigh S.

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/128420
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Market Design Test Environments
Author
  • Widergren, Steven
  • Sun, Junjie
  • Tesfatsion, Leigh S.
Physical Description
  • preprint
Notes
  • Power industry restructuring continues to evolve at multiple levels of system operations. At the bulk electricity level, several organizations charged with regional system operation are implementing versions of a Wholesale Power Market Platform (WPMP) in response to U.S. Federal Energy Regulatory Commission initiatives. Recently the Energy Policy Act of 2005 and several regional initiatives have been pressing the integration of demand response as a resource for system operations. These policy and regulatory pressures are driving the exploration of new market designs at the wholesale and retail levels. The complex interplay among structural conditions, market protocols, and learning behaviors in relation to short-term and longer-term market performance demand a flexible computational environment where designs can be tested and sensitivities to power system and market rule changes can be explored. This paper discusses the use of agent-based computational methods for the study of electricity markets at the wholesale and retail levels, and explores distinctions in problem formulation between these levels. Related work can be accessed at: http:/​/​www.econ.iastate.edu/​tesfatsi/​AMESMarketHome.htm
  • Wholesale power markets; Retail power markets; Integrated energy modeling; Agent-based modeling
  • RePEc:isu:genres:12516
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment