Evaluating congestion management schemes in liberalized electricity markets using an agent-based simulator

2006 IEEE Power Engineering Society General Meeting, PES

Volumn , Issue , 2006, Pages

  Krause, Thilo ^a   Andersson, Göran ^a  

^a ETH ZURICH   (Switzerland)

Author keywords

Agent based computational economics; Congestion management; Electricity market modelling; Reinforcement learning

Indexed keywords

ELECTRIC LOAD MANAGEMENT; ELECTRIC POWER TRANSMISSION; INDUSTRIAL ECONOMICS; MATHEMATICAL MODELS; REINFORCEMENT LEARNING;

AGENT BASED COMPUTATIONAL ECONOMICS; CONGESTION MANAGEMENT; ELECTRICITY MARKET MODELING;

ELECTRIC INDUSTRY;

EID: 35348848485     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/pes.2006.1709123     Document Type: Conference Paper

References (17)

1. L. E. Ruff, "Stop wheeling and start dealing: Resolving the transmission dilemma," in Electricity Transmission Pricing and Technology, M. Einhorn and S. Riaz, Eds. Boston: Kluwer Academics Publisher Group, 1996.
2. "Analysis of cross-border congestion management methods for the EU internal electricity market," European Commission Directorate-General Energy and Transport, Tech. Rep., 2004.
3. T. Krause, "Congestion management in liberalized electricity markets - theoretical concepts and international implementation," EEH - Power Systems Laboratory, Tech. Rep., 2005.
4. B. Hobbs, C. Metzler, and J.-S. Pang, "Strategic gaming analysis for electric power systems: an mpec approach," Power Systems, IEEE Transactions on, vol. 15, no. 2, pp. 638-645, 2000, tY - JOUR.
5. T. Krause, G. Andersson, D. Ernst, E. Vdovina-Beck, R. Cherkaoui, and A. Germond, "A comparison of Nash equilibria analysis and agent-based modelling for power markets," in Power Systems Computation Conference (PSCC), Liege, 2005.
6. L. P. Kaelbling, M. L. Littman, and A. W. Moore, "Reinforcement learning: a survey," Journal of Artificial Intelligence, vol. 4, pp. 237-285, 1996.
7. C. Watkins, "Learning from delayed rewards," Ph.D. dissertation, Cambridge University, 1989.
8. M. L. Littman, "Markov games as a framework for multiagent reinforcement learning," in 11th International Conference on Machine Learning, San Francisco, 1994, pp. 157-163.
9. J. Hu and M. Wellman, "Nash Q-learning for general-sum stochastic games," Journal of Machine Learning Research, vol. 4, pp. 1039-1069, 2003.
10. R. Christie, B. Wollenberg, and I. Wangensteen, "Transmission management in the deregulated environment," Proceedings of the IEEE, vol. 88, no. 2, pp. 170-195, 2000, tY - JOUR.
11. F. Schweppe, M. Caramanis, R. Tabors, and R. Bohn, Spot Pricing of Electricity. Kluwer Academic Publishers, 1988.
12. G. Brunekreeft, K. Neuhoff, and D. Newbery, "Electricity transmission: An overview of the current debate," Utilities Policy, vol. In Press, Corrected Proof, 2005, tY - JOUR.
13. M. Bjorndal and K. Jornsten, "Zonal pricing in a deregulated market," The Energy Journal, vol. 22, no. 1, pp. 51-73, 2001.
14. A. Ehrenmann and Y. Smeers, "Inefficiencies in european congestion management proposals," 2004.
15. "Flow-based market coupling," European Transmission System Operators (ETSO) Association of European Power Exchanges (EuroPex), Tech. Rep., 2004.
16. "Regulation on cross-border exchanges in electricity 1228/2003, european parliament and council."
17. E. Bompard, P. Correia, G. Gross, and M. Amelin, "Congestion- management schemes: a comparative analysis under a unified framework," Power Systems, IEEE Transactions on, vol. 18, no. 1, pp. 346-352, 2003, tY - JOUR.