Autor(es):
Lopes, Fernando ; Algarvio, Hugo ; Sousa, Jorge A. M. ; Helder Coelho ; Pinto, Tiago ; Santos, Gabriel ; A. Vale, Zita ; Praça, Isabel
Data: 2014
Identificador Persistente: http://hdl.handle.net/10400.21/4506
Origem: Repositório Científico do Instituto Politécnico de Lisboa
Assunto(s): Bilateral contracting; Demand response; Energy markets; Multi-agent systems; Risk management; Trading strategies; Bilateral contracting; Bilateral contracting; Demand response; Demand response; Energy markets; Energy markets; Multi-agent systems; Multi-agent systems; Risk management; Risk management; Trading strategies; Trading strategies
Descrição
Traditional vertically integrated power utilities around the world have evolved from monopoly structures to open markets that promote competition among suppliers and provide consumers with a choice of services. Market forces drive the price of electricity and reduce the net cost through increased competition. Electricity can be traded in both organized markets or using forward bilateral contracts. This article focuses on bilateral contracts and describes some important features of an agent-based system for bilateral trading in competitive markets. Special attention is devoted to the negotiation process, demand response in bilateral contracting, and risk management. The article also presents a case study on forward bilateral contracting: a retailer agent and a customer agent negotiate a 24h-rate tariff. © 2014 IEEE.
