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.
|Title of host publication||Agent-Mediated Electronic Commerce. Designing Trading Strategies and Mechanisms for Electronic Markets|
|Subtitle of host publication||AMEC/TADA 2015, Istanbul, Turkey, May 4, 2015, and AMEC/TADA 2016, New York, NY, USA, July 10, 2016, Revised Selected Papers|
|Editors||S. Ceppi, E. David, C. Hajaj, V. Robu, I.A. Vetsikas|
|Number of pages||15|
|Publication status||Published - 2017|
|Name||Lecture Notes in Business Information Processing|
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.