Demonstration of Realistic Multi-agent Scenario Generator for Electricity Markets Simulation
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Worldwide electricity markets (EM) have undertaken a great revolution with the emergence of the liberalized market . The restructuring of the constituent sectors of EM (production, marketing, transportation and distribution) turned EM into a more competitive environment, which in turn led to increased decision-making difficulty. In order to overcome the complexity and unpredictability of this sector, simulation tools began to be a great investment area. EM simulators are tools that help clarifying the functioning of markets in order to create profiles of the participant players through the analysis, study and forecast of different scenarios . The profiles of participant players allow the understanding of the type of strategies taken by them and support their decision-making processes.
KeywordsElectricity Market Realistic Scenario Complex Adaptive System Market Type Internal Electricity
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