Game theoretic analysis and agent-based simulation of electricity markets

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Game theoretic analysis and agent-based simulation of electricity markets

Author: Ono, Teruo, S.M. Massachusetts Institute of Technology

Citable URI: http://hdl.handle.net/1721.1/33857

Other Contributors: Massachusetts Institute of Technology. Dept. of Electrical Engineering and Computer Science.

Advisor: George Verghese.

Department: Massachusetts Institute of Technology. Dept. of Electrical Engineering and Computer Science.

Publisher: Massachusetts Institute of Technology

Date Issued: 2005

Abstract:

In power system analysis, uncertainties in the supplier side are often difficult to estimate and have a substantial impact on the result of the analysis. This thesis includes preliminary work to approach the difficulties. In the first part, a specific electricity auction mechanism based on a Japanese power market is investigated analytically from several game theoretic viewpoints. In the second part, electricity auctions are simulated using agent-based modeling.

Description:

Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Electrical Engineering and Computer Science, 2005.Includes bibliographical references (p. 91-92).

URI: http://hdl.handle.net/1721.1/33857

Keywords: Electrical Engineering and Computer Science.

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